Common use of Prohibited Payments, Etc Clause in Contracts

Prohibited Payments, Etc. Except during the continuance of a Default (including the commencement and continuation of any Debtor Relief Proceeding relating to any Borrower), each Guarantor may receive regularly scheduled payments from any Borrower on account of Subordinated Obligations. After the occurrence and during the continuance of any Default (including the commencement and continuation of any Debtor Relief Proceeding relating to any Borrower), however, unless Agent otherwise agrees, no Guarantor shall demand, accept or take any action to collect any payment on account of the Subordinated Obligations.

Prohibited Payments, Etc. Except during the continuance of a Default (including the commencement and continuation of any Debtor Relief Proceeding relating to any Borrower), each Guarantor may receive regularly scheduled payments from any Borrower on account of Subordinated Obligations. After the occurrence and during the continuance of any Default (including the commencement and continuation of any Debtor Relief Proceeding relating to any Borrower), however, unless Agent otherwise agrees, no Guarantor shall demand, accept or take any action to collect any payment on account of the Subordinated Obligations.

Prohibited Payments, Etc. Except during the continuance of a Default (including the commencement and continuation of any Debtor Relief Proceeding relating to any Borroweras otherwise set forth in this Section 13(a), each a Guarantor may receive regularly scheduled payments from the Borrower or any Borrower other Guarantor on account of the Subordinated Obligations. After the occurrence and during the continuance of any Event of Default under the Credit Agreement (including the commencement and continuation of any proceeding under any Debtor Relief Proceeding Law relating to the Borrower or any BorrowerGuarantor), however, unless the Administrative Agent otherwise agrees, no Guarantor shall demand, accept or take any action to collect any payment on account of the Subordinated Obligations.

Prohibited Payments, Etc. Except during the continuance of a Default (including the commencement and continuation of any Debtor Relief Proceeding relating to any Borrower), each Guarantor may receive regularly scheduled payments from any Borrower on account of Subordinated Obligations. After the occurrence and during the continuance of any Default (including the commencement and continuation of any Debtor Relief Proceeding relating to any Borrower), however, unless Agent otherwise agrees, no Guarantor shall not demand, accept or take any action to collect any payment on account of the Subordinated Obligations.

Prohibited Payments, Etc. Except during the continuance of a an Event of Default under (including the commencement and continuation of any proceeding under any Debtor Relief Proceeding Law relating to any such Borrower), each such Guarantor may receive regularly scheduled payments from any such Borrower on account of the Subordinated Obligations. After the occurrence and during the continuance of any Event of Default (including the commencement and continuation of any proceeding under any Debtor Relief Proceeding Law relating to any such Borrower), however, unless Agent the Required Lenders otherwise agreesagree, no such Guarantor shall not demand, accept or take any action to collect any payment on account of the Subordinated Obligations.

Prohibited Payments, Etc. Except during the continuance of a an Default (including the commencement and continuation of any Debtor Relief Proceeding proceeding under any Bankruptcy Law relating to any Borrowerthe Company), each the Guarantor may receive regularly scheduled payments from any Borrower the Company on account of the Subordinated Obligations. After the occurrence and during the continuance of any Default (including the commencement and continuation of any Debtor Relief Proceeding proceeding under any Bankruptcy Law relating to any Borrowerthe Company), however, unless the Administrative Agent otherwise agrees, no the Guarantor shall not demand, accept or take any action to collect any payment on account of the Subordinated Obligations.

Prohibited Payments, Etc. Except during the continuance of a any Matured Default (including the commencement and continuation of any proceeding under any Debtor Relief Proceeding Law relating to any Borrowerthe Company), each Guarantor may receive regularly scheduled payments from any Borrower Company on account of the Subordinated Obligations. After the occurrence and during the continuance of any Matured Default (including the commencement and continuation of any proceeding under any Debtor Relief Proceeding Law relating to any BorrowerCompany), however, unless Agent the Lender otherwise agrees, no Guarantor shall not demand, accept or take any action to collect any payment on account of the Subordinated Obligations.

Prohibited Payments, Etc. Except during the continuance of a Default (including the commencement and continuation of any Debtor Relief Proceeding relating to any Borroweras otherwise set forth in this Section 13(a), each a Guarantor may receive regularly scheduled payments from the Borrower or any Borrower other Guarantor on account of the Subordinated Obligations. After the occurrence and during the continuance of any Event of Default under the Term Loan Agreement (including the commencement and continuation of any proceeding under any Debtor Relief Proceeding Law relating to the Borrower or any BorrowerGuarantor), however, unless the Administrative Agent otherwise agrees, no Guarantor shall demand, accept or take any action to collect any payment on account of the Subordinated Obligations.

Prohibited Payments, Etc. Except during Until the continuance occurrence of a Default (including the commencement and continuation or an Event of Default or any Debtor Relief Proceeding relating to any Borrower)default by Guarantor hereunder, each Guarantor may receive regularly scheduled payments from any Borrower on account of Subordinated Obligations. After the occurrence and during the continuance of any Default or Event of Default or any default by Guarantor hereunder (including the commencement and continuation of any Debtor Relief Insolvency Proceeding relating to any Borrower), however, unless Agent otherwise agrees, no Guarantor shall not demand, accept or take any action to collect any payment on account of the Subordinated Obligations.

Prohibited Payments, Etc. Except during the continuance of a Default (including the commencement and continuation of any Debtor Relief Proceeding relating to any either Borrower), each Guarantor may receive regularly scheduled payments from any Borrower Borrowers on account of Subordinated Obligations. After the occurrence and during the continuance of any Default (including the commencement and continuation of any Debtor Relief Proceeding relating to any either Borrower), however, unless Agent otherwise agrees, no Guarantor shall demand, accept or take any action to collect any payment on account of the Subordinated Obligations.

Prohibited Payments, Etc. Except during the continuance of a an Event of Default (including the commencement and continuation of any proceeding under any Debtor Relief Proceeding Law relating to any the Borrower), each the Guarantor may receive regularly scheduled payments from any the Borrower on account of the Subordinated Obligations. After the occurrence and during the continuance of any Event of Default (including the commencement and continuation of any proceeding under any Debtor Relief Proceeding Law relating to any the Borrower), however, unless Agent the Majority Lenders otherwise agreesagree, no the Guarantor shall not demand, accept or take any action to collect any payment on account of the Subordinated Obligations.