Common use of Prepayments of Other Indebtedness Clause in Contracts

Prepayments of Other Indebtedness. Modifications of Organizational Documents and Other Documents, etc. 125 SECTION 6.12 Limitation on Certain Restrictions on Subsidiaries 127 SECTION 6.13 Limitation on Issuance of Capital Stock 128 SECTION 6.14 Limitation on Creation of Subsidiaries 129 SECTION 6.15 Business 129 SECTION 6.16 Limitation on Accounting Changes 129 SECTION 6.17 Fiscal Year 129 SECTION 6.18 Lease Obligations 129 SECTION 6.19 No Further Negative Pledge 129 SECTION 6.20 Anti-Terrorism Law; Anti-Money Laundering 130 SECTION 6.21 Embargoed Persons 130 SECTION 6.22 Tax Shelter Reporting 131 ARTICLE VII. GUARANTEE 131 SECTION 7.01 The Guarantee 131 SECTION 7.02 Obligations Unconditional 132 SECTION 7.03 Reinstatement 133 SECTION 7.04 Subrogation; Subordination 133 SECTION 7.05 Remedies 133 SECTION 7.06 Instrument for the Payment of Money 134 SECTION 7.07 Continuing Guarantee 134 SECTION 7.08 General Limitation on Guarantee Obligations 134 SECTION 7.09 Release of Guarantors 134 SECTION 7.10 Certain Tax Matters 134 SECTION 7.11 German Guarantor 135 SECTION 7.12 Swiss Guarantors 137 SECTION 7.13 Irish Guarantor 138

Appears in 2 contracts

Samples: Credit Agreement (Novelis South America Holdings LLC), Credit Agreement (Novelis Inc.)

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Prepayments of Other Indebtedness. Modifications of Organizational Documents and Other Documents, etc. 125 179 SECTION 6.12 Limitation on Certain Restrictions on Subsidiaries 127 182 SECTION 6.13 Limitation on Issuance of Capital Stock 128 183 SECTION 6.14 Limitation on Creation of Subsidiaries 129 183 SECTION 6.15 Business 129 183 SECTION 6.16 Limitation on Accounting Changes 129 184 SECTION 6.17 Fiscal Year 129 184 SECTION 6.18 Lease Obligations 129 184 SECTION 6.19 No Further Negative Pledge 129 184 SECTION 6.20 Anti-Terrorism Law; Anti-Money Laundering 130 185 SECTION 6.21 Embargoed Persons 130 185 SECTION 6.22 Tax Shelter Reporting 131 185 ARTICLE VII. GUARANTEE 131 185 SECTION 7.01 The Guarantee 131 186 SECTION 7.02 Obligations Unconditional 132 186 SECTION 7.03 Reinstatement 133 187 SECTION 7.04 Subrogation; Subordination 133 188 SECTION 7.05 Remedies 133 188 SECTION 7.06 Instrument for the Payment of Money 134 188 SECTION 7.07 Continuing Guarantee 134 188 SECTION 7.08 General Limitation on Guarantee Obligations 134 188 SECTION 7.09 Release of Guarantors 134 189 SECTION 7.10 Certain Tax Matters 134 189 SECTION 7.11 German Guarantor 135 190 SECTION 7.12 Swiss Guarantors 137 192 SECTION 7.13 Irish Guarantor 138193 SECTION 7.14 Brazilian Guarantor 193 ARTICLE VIII. EVENTS OF DEFAULT 193 SECTION 8.01 Events of Default 193 SECTION 8.02 Rescission 196 SECTION 8.03 Application of Proceeds 197 ARTICLE IX. COLLATERAL ACCOUNT; COLLATERAL MONITORING; APPLICATION OF COLLATERAL PROCEEDS 198 SECTION 9.01 Accounts; Cash Management 198 SECTION 9.02 Inventory 201 SECTION 9.03 Borrowing Base-Related Reports 202 SECTION 9.04 Rescission of Activation Notice 203

Appears in 2 contracts

Samples: Credit Agreement (Novelis South America Holdings LLC), Credit Agreement (Novelis Inc.)

Prepayments of Other Indebtedness. Modifications of Organizational Documents and Other Documents, etc. 125 SECTION 203 Section 6.12 Limitation on Certain Restrictions on Restricted Subsidiaries 127 SECTION 211 Section 6.13 Limitation on Issuance of Disqualified Capital Stock 128 SECTION 211 Section 6.14 Limitation on Creation of Subsidiaries 129 SECTION Senior Secured Net Leverage Ratio 211 Section 6.15 Business 129 SECTION 212 Section 6.16 Limitation on Accounting Changes 129 SECTION 212 Section 6.17 Fiscal Year 129 SECTION 212 Section 6.18 Lease Obligations 129 SECTION Margin Rules 213 Section 6.19 No Further Negative Pledge 129 SECTION 213 Section 6.20 Anti-Terrorism Law; Anti-Money Laundering 130 SECTION 213 Section 6.21 Embargoed Persons 130 SECTION 6.22 Tax Shelter Reporting 131 213 ARTICLE VII. VII GUARANTEE 131 SECTION 213 Section 7.01 The Guarantee 131 SECTION 213 Section 7.02 Obligations Unconditional 132 SECTION 215 Section 7.03 Reinstatement 133 SECTION 216 Section 7.04 Subrogation; Subordination 133 SECTION 216 Section 7.05 Remedies 133 SECTION 216 Section 7.06 Instrument for the Payment of Money 134 SECTION 216 1117313.05-XXXXX000000000.12E-CHISR01A - MSW Section 7.07 Continuing Guarantee 134 SECTION 216 Section 7.08 General Limitation on Guarantee Obligations 134 SECTION 217 Section 7.09 Release of Guarantors 134 SECTION 217 Section 7.10 Certain Tax Matters 134 SECTION 218 Section 7.11 German Guarantor 135 SECTION 219 Section 7.12 Swiss Guarantors 137 SECTION 220 Section 7.13 Irish Guarantor 138221 Section 7.14 Brazilian Guarantor 221 Section 7.15 French Guarantor. 221 Section 7.16 Belgian Guarantor 222 Section 7.17 Keepwell 222 ARTICLE VIII EVENTS OF DEFAULT 222 Section 8.01 Events of Default 224 Section 8.02 Rescission 225 Section 8.03 Application of Proceeds 226 Section 8.04 Designated Company’s Right to Cure 227 ARTICLE IX [INTENTIONALLY OMITTED] 228

Appears in 1 contract

Samples: Credit Agreement (Novelis Inc.)

Prepayments of Other Indebtedness. Modifications of Organizational Documents and Other Documents, etc. 125 SECTION 242 Section 6.12 Limitation on Certain Restrictions on Restricted Subsidiaries 127 SECTION 245 Section 6.13 Limitation on Issuance of Disqualified Capital Stock 128 SECTION 246 Section 6.14 Limitation on Creation of Subsidiaries 129 SECTION Senior Secured Net Leverage Ratio 246 Section 6.15 Business 129 SECTION 246 Section 6.16 Limitation on Accounting Changes 129 SECTION 247 Section 6.17 Fiscal Year 129 SECTION 247 Section 6.18 Lease Obligations 129 SECTION Margin Rules 247 Section 6.19 No Further Negative Pledge 129 SECTION 248 Section 6.20 Anti-Terrorism Law; Anti-Money Laundering 130 SECTION 248 Section 6.21 Embargoed Persons 130 SECTION 6.22 Tax Shelter Reporting 131 249 ARTICLE VII. VII GUARANTEE 131 SECTION 249 Section 7.01 The Guarantee 131 SECTION 249 Section 7.02 Obligations Unconditional 132 SECTION 250 Section 7.03 Reinstatement 133 SECTION 252 Section 7.04 Subrogation; Subordination 133 SECTION 252 Section 7.05 Remedies 133 SECTION 252 Section 7.06 Instrument for the Payment of Money 134 SECTION 252 Section 7.07 Continuing Guarantee 134 SECTION 253 Section 7.08 General Limitation on Guarantee Obligations 134 SECTION 253 Section 7.09 Release of Guarantors 134 SECTION 253 Section 7.10 Certain Tax Matters 134 SECTION 253 Section 7.11 German Guarantor 135 SECTION 254 Section 7.12 Swiss Guarantors 137 SECTION 256 Section 7.13 Irish Guarantor 138257 Section 7.14 Brazilian Guarantor 258 Section 7.15 French Guarantor. 258 Section 7.16 Belgian Guarantor 258 Section 7.17 Keepwell 258 ARTICLE VIII EVENTS OF DEFAULT 259 Section 8.01 Events of Default 259 Section 8.02 Rescission 262 Section 8.03 Application of Proceeds 262 Section 8.04 Designated Company’s Right to Cure 264 ARTICLE IX [INTENTIONALLY OMITTED] 265 ARTICLE X THE ADMINISTRATIVE AGENT AND THE COLLATERAL AGENT 265 Section 10.01 Appointment and Authority 265 Section 10.02 Rights as a Lender 265 Section 10.03 Exculpatory Provisions 265 Section 10.04 Reliance by the Administrative Agent 267 Section 10.05 Delegation of Duties 268

Appears in 1 contract

Samples: Credit Agreement (Novelis Inc.)

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Prepayments of Other Indebtedness. Modifications of Organizational Documents and Other Documents, etc. 125 SECTION 171 Section 6.12 Limitation on Certain Restrictions on Restricted Subsidiaries 127 SECTION 173 Section 6.13 Limitation on Issuance of Disqualified Capital Stock 128 SECTION 174 Section 6.14 Limitation on Creation of Subsidiaries 129 SECTION Forward Share Sale Agreement and Support Agreement 174 Section 6.15 Business 129 SECTION 174 Section 6.16 Limitation on Accounting Changes 129 SECTION 175 Section 6.17 Fiscal Year 129 SECTION 175 Section 6.18 Lease Obligations 129 SECTION Margin Rules 175 Section 6.19 No Further Negative Pledge 129 SECTION 175 Section 6.20 Anti-Terrorism Law; Anti-Money Laundering 130 SECTION 176 Section 6.21 Embargoed Persons 130 SECTION 6.22 Tax Shelter Reporting 131 176 ARTICLE VII. VII GUARANTEE 131 SECTION 176 Section 7.01 The Guarantee 131 SECTION 176 Section 7.02 Obligations Unconditional 132 SECTION 177 Section 7.03 Reinstatement 133 SECTION 179 Section 7.04 Subrogation; Subordination 133 SECTION 179 Section 7.05 Remedies 133 SECTION 179 Section 7.06 Instrument for the Payment of Money 134 SECTION 180 Section 7.07 Continuing Guarantee 134 SECTION 180 Section 7.08 General Limitation on Guarantee Obligations 134 SECTION 180 Section 7.09 Release of Guarantors 134 SECTION 180 Section 7.10 Certain Tax Matters 134 SECTION 181 Section 7.11 German Guarantor 135 SECTION 181 Section 7.12 Swiss Guarantors 137 SECTION 184 Section 7.13 Irish Guarantor 138185 Section 7.14 Brazilian Guarantor 185 Section 7.15 French Guarantor 185 Section 7.16 Luxembourg Guarantor 186

Appears in 1 contract

Samples: Credit Agreement (Novelis Inc.)

Prepayments of Other Indebtedness. Modifications of Organizational Documents and Other Documents, etc. 125 SECTION 170 Section 6.12 Limitation on Certain Restrictions on Restricted Subsidiaries 127 SECTION 172 Section 6.13 Limitation on Issuance of Disqualified Capital Stock 128 SECTION 173 Section 6.14 Limitation on Creation of Subsidiaries 129 SECTION Forward Share Sale Agreement and Support Agreement 173 Section 6.15 Business 129 SECTION 174 Section 6.16 Limitation on Accounting Changes 129 SECTION 174 Section 6.17 Fiscal Year 129 SECTION 174 Section 6.18 Lease Obligations 129 SECTION Margin Rules 174 Section 6.19 No Further Negative Pledge 129 SECTION 174 Section 6.20 Anti-Terrorism Law; Anti-Money Laundering 130 SECTION 175 Section 6.21 Embargoed Persons 130 SECTION 6.22 Tax Shelter Reporting 131 175 ARTICLE VII. VII GUARANTEE 131 SECTION 176 Section 7.01 The Guarantee 131 SECTION 176 Section 7.02 Obligations Unconditional 132 SECTION 177 Section 7.03 Reinstatement 133 SECTION 178 Section 7.04 Subrogation; Subordination 133 SECTION 178 Section 7.05 Remedies 133 SECTION 179 Section 7.06 Instrument for the Payment of Money 134 SECTION 179 Section 7.07 Continuing Guarantee 134 SECTION 179 Section 7.08 General Limitation on Guarantee Obligations 134 SECTION 179 Section 7.09 Release of Guarantors 134 SECTION 179 Section 7.10 Certain Tax Matters 134 SECTION 180 Section 7.11 German Guarantor 135 SECTION 180 Section 7.12 Swiss Guarantors 137 SECTION 183 Section 7.13 Irish Guarantor 138184 Section 7.14 Brazilian Guarantor 184 Section 7.15 French Guarantor 184 Section 7.16 Luxembourg Guarantor 185 ARTICLE VIII EVENTS OF DEFAULT 186 Section 8.01 Events of Default 186 Section 8.02 Rescission 189 Section 8.03 Application of Proceeds 189 Section 8.04 Borrower’s Right to Cure 191 ARTICLE IX [INTENTIONALLY OMITTED] 192

Appears in 1 contract

Samples: Credit Agreement (Novelis Inc.)

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