Common use of Prepayment of Debt Clause in Contracts

Prepayment of Debt. Make any prepayment (whether optional or mandatory), repurchase, redemption, defeasance or any other payment in respect of any Subordinated Debt, provided, however, that the applicable Credit Party may make certain payments in respect of the Subordinated Debt but only to the extent permitted under the applicable Subordinated Debt Documents and the applicable Subordination Agreement.

Appears in 4 contracts

Samples: Joinder Agreement (Sterling Construction Co Inc), Credit Agreement (Sterling Construction Co Inc), Credit Agreement (Sterling Construction Co Inc)

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Prepayment of Debt. Make any prepayment (whether optional or mandatory), repurchase, redemption, defeasance or any other payment in respect of any Subordinated Debt, provided, however, that the applicable Credit Party may make certain payments in respect of the Escalate Subordinated Debt Debt, but only to the extent permitted under the applicable Escalate Subordinated Debt Documents and the applicable Escalate Subordination Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Accolade, Inc.), Credit Agreement (Accolade, Inc.)

Prepayment of Debt. Make any prepayment (whether optional or mandatory), repurchase, redemption, defeasance or any other payment in respect of any Subordinated Debt, ; provided, however, that the applicable Credit Party may make certain payments in respect of the Subordinated Debt but only to the extent as permitted under the applicable Subordinated Debt Documents and the applicable any Subordination Agreement.

Appears in 1 contract

Samples: Joinder Agreement (2U, Inc.)

Prepayment of Debt. Make any prepayment (whether optional or mandatory), repurchase, redemption, defeasance or any other payment in respect of any Subordinated Debt, ; provided, however, that the applicable Credit Party may make certain payments in respect of the Subordinated Debt but only to the extent permitted under the applicable Subordinated Debt Documents and the applicable Subordination Agreement.

Appears in 1 contract

Samples: Revolving Credit Agreement (Bridgepoint Education Inc)

Prepayment of Debt. Make any prepayment (whether optional or mandatory), repurchase, redemption, defeasance defeasance, principal payments or any other payment in respect of any Subordinated Debt, provided, however, that except as otherwise provided under the applicable Subordination Agreement. The applicable Credit Party may make certain regularly scheduled interest payments in respect of the Subordinated Debt but Debt, provided no Default or Event of Default has occurred or is continuing or would result from such payment and only to the extent permitted under the applicable Subordinated Debt Documents and the applicable Subordination Agreement.

Appears in 1 contract

Samples: Credit Agreement (Manitex International, Inc.)

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Prepayment of Debt. Make any prepayment (whether optional or mandatory), repurchase, redemption, defeasance defeasance, principal payments or any other payment in respect of any Subordinated Debt, provided, however, that the applicable Credit Party may make certain regularly scheduled interest payments in respect of the Subordinated Debt but Debt, provided no Default or Event of Default has occurred or is continuing or would result from such payment and only to the extent permitted under the applicable Subordinated Debt Documents and the applicable Subordination Agreement.

Appears in 1 contract

Samples: Credit Agreement (Manitex International, Inc.)

Prepayment of Debt. Make any prepayment (whether optional or mandatory), repurchase, redemption, defeasance or any other payment in respect of any Subordinated Debt, provided, however, that the applicable Credit Party may make certain payments in respect of the Subordinated Debt but only to the extent permitted under the applicable Subordinated Debt Documents and the applicable Subordination Agreement.

Appears in 1 contract

Samples: Credit Agreement (Warby Parker Inc.)

Prepayment of Debt. Make any prepayment (whether optional or mandatory), repurchase, redemption, defeasance or any other payment in respect of any Subordinated Debt, ; provided, however, that the applicable Credit Party may make certain such scheduled payments in respect of the Subordinated Debt but only to the extent permitted under the applicable Subordinated Debt Documents and the applicable any Subordination Agreement.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Neophotonics Corp)

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