Common use of Prepayment of Indebtedness Clause in Contracts

Prepayment of Indebtedness. If an Event of Default has -------------------------- occurred and is continuing or an acceleration of the indebtedness evidenced by each Note has occurred, the Company shall not prepay the principal amount, in whole or in part, of any indebtedness other than (a) indebtedness owed to each Bank hereunder or under some other agreement between the Company and such Bank and (b) indebtedness which ranks pari passu with indebtedness evidenced by each Note which is or becomes due and owing whether by reason of acceleration or otherwise.

Prepayment of Indebtedness. If an Event of Default has -------------------------- occurred and is continuing or an acceleration of the indebtedness evidenced by each Note Obligations has occurred, the Company shall not prepay the principal amount, in whole or in part, of any indebtedness Indebtedness other than (a) indebtedness Obligations owed to each Bank hereunder or under some other agreement between the Company and such Bank Bank, and (b) indebtedness Indebtedness which ranks pari passu with indebtedness evidenced by each Note the Obligations and which is or becomes due and owing whether by reason of acceleration or otherwise.

Prepayment of Indebtedness. If an Event of Default has -------------------------- occurred and is continuing or an acceleration of the indebtedness evidenced by each Note has occurred, the Company shall not prepay the principal amount, in whole or in part, of any indebtedness Indebtedness other than (a) indebtedness Indebtedness owed to each Bank hereunder or under some other agreement between the Company and such Bank and (b) indebtedness Indebtedness which ranks pari passu with indebtedness evidenced by each Note which is or becomes due and owing whether by reason of acceleration or otherwise.

Prepayment of Indebtedness. If an Event of Default -------------------------- has -------------------------- occurred and is continuing or an acceleration of the indebtedness evidenced by each Note has occurred, the Company shall not prepay the principal amount, in whole or in part, of any indebtedness other than (a) indebtedness owed to each Bank hereunder or under some other agreement between the Company and such Bank and (b) indebtedness which ranks pari passu with indebtedness evidenced by each Note which is or becomes due and owing whether by reason of acceleration or otherwise.

Prepayment of Indebtedness. If an Event of Default has occurred -------------------------- occurred and is continuing or an acceleration of the indebtedness evidenced by each Note has occurred, the Company shall not prepay the principal amount, in whole or in part, of any indebtedness other than (a) indebtedness owed to each Bank hereunder or under some other agreement between the Company and such Bank and (b) indebtedness which ranks pari passu with indebtedness evidenced by each Note which is or becomes due and owing whether by reason of acceleration or otherwise.