Prepayment of Debt. Each Loan Party shall not, and shall not permit any of its Subsidiaries to, directly or indirectly, make any optional or voluntary payment, prepayment, repurchase or redemption of any Debt, except the Obligations under the Loan Documents.
Appears in 2 contracts
Samples: Credit Agreement (FlexEnergy Green Solutions, Inc.), Credit Agreement (FlexEnergy Green Solutions, Inc.)
Prepayment of Debt. Each Loan Party shall not, and shall not permit any of its Subsidiaries to, directly or indirectly, make any optional or voluntary payment, prepayment, repurchase or redemption of any Debt, except the Obligations under the Loan DocumentsDocuments and in connection with any Permitted Refinancing of Debt to the extent such Permitted Refinancing is permitted pursuant to Section 7.1.
Appears in 2 contracts
Samples: Credit Agreement (Natural Gas Services Group Inc), Credit Agreement (Natural Gas Services Group Inc)
Prepayment of Debt. Each Loan Party shall not, and shall not permit any of its Subsidiaries that are Guarantors to, directly or indirectly, make any optional or voluntary payment, prepayment, repurchase or redemption of any DebtDebt of such Person that is expressly subordinate and junior in right of payment to the payment in full of the Obligations, except as permitted by the Obligations under terms of the Loan Documentssubordination agreement reasonably satisfactory to the Administrative Agent.
Appears in 2 contracts
Samples: Credit Agreement and Guaranty (Maxwell W Keith III), Credit Agreement and Guaranty (Via Renewables, Inc.)
