Common use of PREPAYMENTS OF SUBORDINATED DEBT IN VIOLATION THEREOF Clause in Contracts

PREPAYMENTS OF SUBORDINATED DEBT IN VIOLATION THEREOF. Directly or indirectly, prepay, purchase, redeem, retire, defease or otherwise acquire, or make any optional payment on account of any principal of, interest on, or premium payable in connection with any of its Subordinated Debt, in each case, which is a violation of the subordination provisions of such Subordinated Debt or a violation of Section 7.05.

Appears in 7 contracts

Samples: Credit Agreement (Intermet Corp), Credit Agreement (Intermet Corp), Credit Agreement (Ironton Iron Inc)

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PREPAYMENTS OF SUBORDINATED DEBT IN VIOLATION THEREOF. Directly or indirectly, prepay, purchase, redeem, retire, defease or otherwise acquire, or make any optional payment on account of any principal of, interest on, or premium payable in connection with any of its Subordinated Debt, in each case, which is a violation of the subordination provisions of such Subordinated Debt or a violation of Section 7.05Debt.

Appears in 4 contracts

Samples: Credit Agreement (I M Acquisition Corp), Credit Agreement (Intermet Corp), Credit Agreement (Intermet Corp)

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