Common use of Debt Repurchases Clause in Contracts

Debt Repurchases. The Issuer shall not, and shall not permit Emmis OpCo or any Subsidiary, Excluded Subsidiary or other Affiliate to, repurchase, buy, redeem, prepay, defease, receive an assignment of, issue any notice of redemption or defeasance with respect to, or otherwise cause the cancellation, forgiveness or purchase (including, without limitation, any setting aside of funds, or other provision for, or assurance of, payment), or enter into any other transaction which accomplishes a like result, of any of its Indebtedness (in each case other than the Notes and Obligations to the extent permitted hereby and the Senior Debt Obligations), except that the Issuer and Emmis OpCo may enter into any transaction to the extent expressly permitted pursuant to clauses (a), (b) or (c) of §10.16 of the OpCo Credit Agreement (as in effect on the date hereof).