Common use of Prepayment of Indebtedness Clause in Contracts

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrower.

Appears in 20 contracts

Samples: Revolving Credit and Security Agreement (Tecumseh Products Co), Security Agreement (Green Plains Renewable Energy, Inc.), Security Agreement (Green Plains Renewable Energy, Inc.)

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Prepayment of Indebtedness. At Except as permitted pursuant to Section 7.21 hereof, at any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrower.

Appears in 8 contracts

Samples: Security Agreement (NYTEX Energy Holdings, Inc.), Security Agreement (Fairchild Corp), Security Agreement (Amrep Corp.)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrower.

Appears in 7 contracts

Samples: Security Agreement (FCStone Group, Inc.), Security Agreement (Hudson Technologies Inc /Ny), Security Agreement (Ante5, Inc.)

Prepayment of Indebtedness. At any time, directly or indirectlyprepay, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire acquire, or make any payment on account of any principal of, interest on or premium payable in connection with the prepayment or redemption of any Indebtedness of any Borrowerfor borrowed money (other than Indebtedness owed to the Lender under this Agreement or the Other Documents).

Appears in 4 contracts

Samples: Security Agreement (Perma Fix Environmental Services Inc), Security Agreement (Apac Customer Service Inc), Security Agreement (Perma Fix Environmental Services Inc)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness for borrowed money (other than to LendersLenders or Indebtedness owing to any Borrower), or repurchase, redeem, retire or otherwise acquire any Indebtedness for borrowed money of any BorrowerBorrower or Subsidiary thereof, except pursuant to refinancing thereof.

Appears in 4 contracts

Samples: Security Agreement (Innovex Downhole Solutions, Inc.), Security Agreement (Innovex Downhole Solutions, Inc.), Guaranty and Security Agreement (Innovex Downhole Solutions, Inc.)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness (other than Indebtedness to LendersAgent or Lenders pursuant to this Agreement or the Other Documents), or repurchase, redeem, retire or otherwise acquire any Indebtedness Indebtedness, in each case of any BorrowerBorrower Party, if any Event of Default shall have occurred and be continuing or shall occur as a result of giving effect to any such payment.

Appears in 3 contracts

Samples: Revolving Credit and Security Agreement (Horsehead Holding Corp), Security Agreement (Horsehead Holding Corp), Revolving Credit and Security Agreement (Horsehead Holding Corp)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), the Lender or the Issuer) or repurchase, redeem, retire or otherwise acquire any Indebtedness of any BorrowerLoan Party.

Appears in 3 contracts

Samples: Credit and Security Agreement (Sifco Industries Inc), Credit and Security Agreement (CVSL Inc.), And (Blonder Tongue Laboratories Inc)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any BorrowerCredit Party.

Appears in 2 contracts

Samples: Security Agreement (Englobal Corp), Security Agreement (Sunsource Inc)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness for borrowed money (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrower.

Appears in 2 contracts

Samples: Credit and Security Agreement (Foster L B Co), Credit and Security Agreement (Foster L B Co)

Prepayment of Indebtedness. At any timetime following the occurrence and during the continuation of an Event of Default, directly or indirectly, (a) prepay any Indebtedness (indebtedness other than to Lenders), any Lender or (b) repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrowerindebtedness.

Appears in 2 contracts

Samples: Credit Agreement (BIO-TECHNE Corp), Credit Agreement (BIO-TECHNE Corp)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any BorrowerBorrower or Guarantor, in each case except to the extent the Payment Conditions are then satisfied.

Appears in 2 contracts

Samples: Revolving Credit and Security Agreement (Build a Bear Workshop Inc), Revolving Credit and Security Agreement (Build-a-Bear Workshop Inc)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any BorrowerLoan Party.

Appears in 2 contracts

Samples: Security Agreement (Ampco Pittsburgh Corp), Loan and Security Agreement (Jaco Electronics Inc)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any BorrowerLoan Party or any Subsidiary.

Appears in 2 contracts

Samples: Security Agreement (A.S.V., LLC), Security Agreement (Manitex International, Inc.)

Prepayment of Indebtedness. At any time, directly or indirectly, voluntarily prepay any Indebtedness (other than to Lenders)Indebtedness, or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrower.Company, except:

Appears in 2 contracts

Samples: And (Babcock & Wilcox Enterprises, Inc.), Security Agreement (Babcock & Wilcox Enterprises, Inc.)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrower.; provided that,

Appears in 2 contracts

Samples: Credit and Security Agreement (Hutchinson Technology Inc), Revolving Credit and Security Agreement (Hutchinson Technology Inc)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness (other than to LendersLenders or another Borrower), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrower.

Appears in 1 contract

Samples: Credit and Security Agreement (Vista Information Solutions Inc)

Prepayment of Indebtedness. At any time, directly or indirectly, either (i) prepay any Indebtedness (other than to LendersLender or Bank), or (ii) prior to its stated maturity, repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrower.

Appears in 1 contract

Samples: Credit and Security Agreement (Omni Energy Services Corp)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire prior to the scheduled maturity thereof any Indebtedness of any Borrower, excluding in any such case trade debt incurred in the ordinary course of Borrowers’ business.

Appears in 1 contract

Samples: Loan and Security Agreement (Swenson Granite Co LLC)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness for borrowed money (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any such Indebtedness of any Borrower.

Appears in 1 contract

Samples: Security Agreement (Bentley Systems Inc)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness (other than (a) to Lenders, or (b) trade payables), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any BorrowerCredit Party.

Appears in 1 contract

Samples: Financing Agreement (Cpac Inc)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness indebtedness (other than to LendersSeller), or repurchase, redeem, retire or otherwise acquire any Indebtedness indebtedness of Parent or any Borrowerof its Subsidiaries other than as expressly permitted herein.

Appears in 1 contract

Samples: Installment Sale Agreement (SurgePays, Inc.)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness (other than to LendersLender), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any BorrowerBorrower other than with the prior written consent of Lender.

Appears in 1 contract

Samples: Term Loan and Security Agreement (Harolds Stores Inc)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness (other than to LendersLender or trade creditors in the ordinary course of business), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrower.

Appears in 1 contract

Samples: Security Agreement (Parlux Fragrances Inc)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any BorrowerBorrower which exceeds $100,000 for all Borrowers in the aggregate in any fiscal year.

Appears in 1 contract

Samples: Security Agreement (Merisel Inc /De/)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness (other than to LendersLender or trade debt or Capital Leases or other Current Liabilities), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrower.

Appears in 1 contract

Samples: Security Agreement (Candies Inc)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any BorrowerBorrower except that the Borrower may prepay its mortgage obligation to Chase with respect to its property located in Happauggue, NY.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Hirsch International Corp)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrower. 7.18.

Appears in 1 contract

Samples: Credit, Term Loan And Security Agreement (Measurement Specialties Inc)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrower. 7.18.

Appears in 1 contract

Samples: Security Agreement (Terrace Holdings Inc)

Prepayment of Indebtedness. At any time, directly or indirectly, voluntarily prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrower.

Appears in 1 contract

Samples: Security Agreement (SMTC Corp)

Prepayment of Indebtedness. At any time, directly or indirectly, -------------------------- prepay any Indebtedness (other than to Agent and the Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrower.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Styrochem International LTD)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or any Subordinated Indebtedness or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrower.

Appears in 1 contract

Samples: Security Agreement (Champion Parts Inc)

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Prepayment of Indebtedness. At any time, directly or indirectly, -------------------------- prepay any Indebtedness (other than to Lendersthe Obligations), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrower.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Eltrax Systems Inc)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), excepting for prepayment of taxes, payroll and other ordinary accrued business expenses, or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrower.

Appears in 1 contract

Samples: Security Agreement (Gencor Industries Inc)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrower, other than, in each case, Subordinated Indebtedness, and then only to the extent and under the circumstances permitted under Section 7.18.

Appears in 1 contract

Samples: Security Agreement (Kenexa Corp)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness (other than to LendersLenders or to Holdings in accordance with Section 7.21 below), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrower.

Appears in 1 contract

Samples: Security Agreement (Small World Kids Inc)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness (other than to LendersLenders and other than trade payables), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any BorrowerBorrower solely from the proceeds of the disposition of the asset subject thereto in accordance with the terms of this Agreement.

Appears in 1 contract

Samples: Security Agreement (Union Drilling Inc)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness indebtedness (other than to Lendersthe Senior Lender or to the Seller, in each case, only as permitted under the Senior Lender Subordination Agreement), or repurchase, redeem, retire or otherwise acquire any Indebtedness indebtedness of Parent or any Borrowerof its Subsidiaries other than as expressly permitted herein.

Appears in 1 contract

Samples: Installment Sale Agreement (KonaTel, Inc.)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness (other than to LendersLenders and other than trade payables), or repurchase, redeem, retire or otherwise acquire any Indebtedness of Borrower other than prepayments of Indebtedness in respect of any BorrowerPermitted Rig Financing solely from the proceeds of the disposition of the asset subject thereto in accordance with the terms of this Agreement.

Appears in 1 contract

Samples: Security Agreement (Union Drilling Inc)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any an Indebtedness (other than to Lendersthe Lender), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any the Borrower.

Appears in 1 contract

Samples: Tristar Corp

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any BorrowerBorrower except for the Preferred Stock Redemption made in accordance with the terms of Section 7.7.

Appears in 1 contract

Samples: Security Agreement (Batteries Batteries Inc)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire retire(except at maturity) or otherwise acquire any Indebtedness of any Borrower.

Appears in 1 contract

Samples: Security Agreement (Sparton Corp)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay make any payment or prepayment or redemption of any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrowerthe Borrower except (a) the Obligations and (b) regularly scheduled or required repayments or redemptions of Permitted Indebtedness as expressly provided for in the Approved Budget.

Appears in 1 contract

Samples: Possession Credit Agreement (General Moly, Inc)

Prepayment of Indebtedness. At any time, directly or indirectlyprepay, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire acquire, or make any payment on account of any principal of, interest on or premium payable in connection with the prepayment or redemption of, any Indebtedness of any Borrower(other than Indebtedness owed to the Lender under this Agreement or the Other Documents).

Appears in 1 contract

Samples: Security Agreement (Absolute Life Solutions, Inc.)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness for borrowed money (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness for borrowed money of any Borrower.

Appears in 1 contract

Samples: Security Agreement (Pc Service Source Inc)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness (other than to LendersLender), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any BorrowerBorrowers.

Appears in 1 contract

Samples: Security Agreement (Franklin Electronic Publishers Inc)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any BorrowerBorrower (other than the repayment of the Demand Notes with the proceeds of the initial Advances on the Closing Date).

Appears in 1 contract

Samples: Security Agreement (Hybrook Resources Corp.)

Prepayment of Indebtedness. At any time, directly or indirectly, either (a) prepay any Indebtedness (other than to LendersLender or Bank), or (b) prior to its stated maturity, repurchase, redeem, retire or otherwise acquire any Indebtedness of any the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Precision Aerospace Components, Inc.)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness for borrowed money (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any BorrowerIndebtedness.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (General Datacomm Industries Inc)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness (other than prepayments of trade payables if on terms more favorable to Lenders)the Borrowers, and other than to the Lenders or the Issuer) or repurchase, redeem, retire or otherwise acquire any Indebtedness of any BorrowerLoan Party.

Appears in 1 contract

Samples: Security Agreement (Lesco Inc/Oh)

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any BorrowerCredit Parties, except payments in respect of the Revolving Loans in accordance with the Intercreditor Agreement.

Appears in 1 contract

Samples: Security Agreement (Hudson Technologies Inc /Ny)

Prepayment of Indebtedness. At any time, directly or indirectly, --------------------------- prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrower.

Appears in 1 contract

Samples: Security Agreement (Intelligroup Inc)

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