Common use of Redemption of Subordinated Debt Clause in Contracts

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. No The Borrower shallshall not, or and shall not 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.; except that the Borrower may redeem or make sinking fund payments in respect of Subordinated Debt provided that the aggregate amount of all such

Redemption of Subordinated Debt. No Borrower shallThe Borrowers will not, or shall and will not permit any of its Restricted their 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, except in accordance with the applicable terms of subordination.

Redemption of Subordinated Debt. No The Borrower shallwill not, or shall and will not 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. No The Borrower shallwill not, or shall and will not 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.