Redemption of Subordinated Debt. No Borrower shall, or shall permit any of its Restricted Subsidiaries to, make any voluntary or optional payment or repayment on, redemption, exchange or acquisition for value of, or any sinking fund or similar payment with respect to, any Subordinated Debt.
Redemption of Subordinated Debt. The Company shall not, and shall not permit any of its Subsidiaries to (i) agree to or permit any amendment, modification or waiver of any provision of any agreement related to any Subordinated Debt (including any amendment, modification or waiver pursuant to an exchange of other securities or instruments for outstanding Subordinated Debt), except as permitted by any Subordination Agreement with respect thereto, or (ii) make any voluntary or optional payment or repayment on, redemption, conversion, exchange or acquisition for value of, or any sinking fund or similar payment with respect to, any Subordinated Debt, except as permitted by any Subordination Agreement.
Redemption of Subordinated Debt. The Borrower will not, and will not permit any Subsidiary or Xxxxxx 2009 Partnership to, before the date that is 91 days after the Maturity Date, call, make or offer to make any optional or voluntary prepayment or redemption of or otherwise optionally or voluntarily redeem or prepay (in whole or in part) any Debt that is subordinated to the Secured Obligations; provided that the Borrower may redeem or prepay any such Debt with the proceeds of any Permitted Refinancing Debt in respect thereof.
Redemption of Subordinated Debt. The Borrower shall not, and shall not permit any of its Subsidiaries to, make any voluntary or optional payment or repayment on, redemption, exchange or acquisition for value of, or any sinking fund or similar payment with respect to, any Subordinated Debt. Notwithstanding the foregoing, the Borrower may from time to time satisfy all or any portion of the outstanding principal and accrued and unpaid interest in respect of any Subordinated Debt by exchanging common stock or Permitted Preferred Stock of the Borrower in satisfaction of such outstanding principal and accrued and unpaid interest pursuant to a non-cash transaction approved in good faith by the Board of Directors of the Borrower. The Borrower shall promptly notify the Agent of any such exchange.
Redemption of Subordinated Debt. Notwithstanding Article III of the Notes or any other provision in the Subordinated Debt Documents, the Company will not redeem any of the Subordinated Debt, and the Company will not make any other payments with respect to the Subordinated Debt, prior to the first anniversary of the Maturity Date, as defined in the Credit Agreement.
Redemption of Subordinated Debt. The Borrower will not, and will not permit any Subsidiary or Xxxxxx 2009 Partnership to call, make or offer to make any optional or voluntary prepayment or redemption of or otherwise optionally or voluntarily redeem or prepay (in whole or in part) any Debt that is subordinated to the Secured Obligations; provided that the Borrower may redeem or prepay any such Debt with the proceeds of any Permitted Refinancing Debt in respect thereof.
Redemption of Subordinated Debt. Exercise its right to voluntarily redeem any Subordinated Debt if, after giving effect to such redemption, the Borrower would be in default of any financial covenant set forth in Section 8.02 of this Agreement.
Redemption of Subordinated Debt. The Company shall not, and shall not permit any of its Subsidiaries to (other than with respect to Subordinated Debt owing to the Lender) (i) agree to or permit any amendment, modification or waiver
Redemption of Subordinated Debt. The Borrower will not, and will not permit any Subsidiary to, prior to the date that is one year after the Maturity Date: (i) call, make or offer to make any optional or voluntary Redemption of or otherwise optionally or voluntarily Redeem (whether in whole or in part) the Convertible Note or any subordinated Debt permitted to be incurred hereunder, provided that the Borrower may Redeem the Convertible Note by conversion into Equity Interests of the Borrower (other than Disqualified Capital Stock); (ii) amend, modify, waive or otherwise change, consent or agree to any amendment, modification, waiver or other change to, any of the terms of the Convertible Note or any notes evidencing any subordinated Debt permitted hereunder or any indenture, agreement, instrument, certificate or other document relating to the Convertible Note or any subordinated Debt permitted hereunder; or (iii) designate any Debt (other than obligations of the Borrower and the Subsidiaries pursuant to the Loan Documents) as "Specified Senior Indebtedness" or "Specified Guarantor Senior Indebtedness" or give any such other Debt any other similar designation for the purposes of any indentures or other documents relating to any subordinated Debt permitted hereunder.
Redemption of Subordinated Debt. The Company will not, and will not permit any of its Subsidiaries to, make any voluntary or optional payment or repayment on, redemption, exchange or acquisition for value of, or any sinking fund or similar payment with respect to, any Subordinated Debt.
