Common use of Voluntary Prepayments of Other Indebtedness Clause in Contracts

Voluntary Prepayments of Other Indebtedness. Neither the Company nor any of its Domestic Subsidiaries shall make any voluntary prepayment of principal of or interest on any Financing Debt (other than the Obligations) or make any voluntary redemptions or repurchases of Financing Debt (other than the Obligations), unless, in each case, immediately before and after giving effect thereto no Default exists and the Company is in compliance with the financial covenants set forth in Section 6.05 on a pro forma basis, and except that the Company and its Domestic Subsidiaries may refinance Financing Debt to the extent permitted by Section 6.06.

Appears in 3 contracts

Samples: Credit Agreement (Buckeye Technologies Inc), Credit Agreement (Buckeye Technologies Inc), Credit Agreement (Buckeye Technologies Inc)

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Voluntary Prepayments of Other Indebtedness. Neither the Company ------------------------------------------- nor any of its Domestic Subsidiaries shall make any voluntary prepayment of principal of or interest on any Financing Debt (other than the Credit Obligations) or make any voluntary redemptions or repurchases of Financing Debt (other than the Credit Obligations); provided, unlesshowever, in each case, immediately before and after giving effect thereto no Default exists and that Company may make the Company is in compliance with the financial covenants set forth in Section 6.05 on a pro forma basis, and except that the Company and its Domestic Subsidiaries may refinance Financing Debt to the extent payments permitted by Section 6.066.10.3 on subordinated Indebtedness permitted by Sections 6.6.8 and 6.6.11.

Appears in 1 contract

Samples: Credit Agreement (Sba Communications Corp)

Voluntary Prepayments of Other Indebtedness. Neither the Company ------------------------------------------- nor any of its Domestic Subsidiaries shall make any voluntary prepayment of principal of or interest on any Financing Debt (other than the Credit Obligations) or make any voluntary redemptions or repurchases of Financing Debt (other than the Credit Obligations); provided, unlesshowever, in each case, immediately before and after giving effect thereto no Default exists and that Company may make the Company is in compliance with the financial covenants set forth in Section 6.05 on a pro forma basis, and except that the Company and its Domestic Subsidiaries may refinance Financing Debt to the extent payments -------- ------- permitted by Section 6.066.10.4 on subordinated Indebtedness permitted by Sections 6.6.8 and 6.6.11.

Appears in 1 contract

Samples: Credit Agreement (Sba Communications Corp)

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Voluntary Prepayments of Other Indebtedness. Neither the Company nor ------------------------------------------- any of its Domestic Subsidiaries shall make any voluntary prepayment of principal of or interest on any Financing Debt (other than the Credit Obligations) or make any voluntary redemptions or repurchases of Financing Debt (other than the Credit Obligations), unless, in each case, immediately before and after giving effect thereto no Default exists and the Company is case except in compliance with the financial covenants set forth in Section 6.05 on order to facilitate a pro forma basis, and except that the Company and its Domestic Subsidiaries may refinance Financing Debt to the extent refinancing of Indebtedness permitted by Section 6.066.6.

Appears in 1 contract

Samples: Credit Agreement (Westower Corp)

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