Common use of Prepayments of Subordinated Indebtedness Clause in Contracts

Prepayments of Subordinated Indebtedness. No Loan Party shall voluntarily prepay, redeem, purchase, defease or otherwise satisfy prior to the scheduled maturity thereof in any manner any Subordinated Indebtedness, or make any payment in violation of any subordination terms of any Subordinated Indebtedness, except refinancings and refundings of such Subordinated Indebtedness to the extent permitted hereunder.

Appears in 5 contracts

Samples: Term Loan Agreement (Quiksilver Inc), Security Agreement (Quiksilver Inc), Credit Agreement (Quiksilver Inc)

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