Common use of Prepayments, Etc. of Indebtedness Clause in Contracts

Prepayments, Etc. of Indebtedness. The Borrower shall not, nor shall it permit any of its Restricted Subsidiaries to, directly or indirectly, prepay, redeem, purchase, defease or otherwise satisfy or make any unscheduled payment, in each case, prior to the scheduled maturity thereof in any manner (whether directly or indirectly), or make any payment in violation of any subordination terms of, any Indebtedness for borrowed money (other than any intercompany Indebtedness), except for the following:

Appears in 4 contracts

Samples: Credit Agreement (Dynegy Inc /Il/), Credit Agreement (Dynegy Holdings Inc), Credit Agreement (Dynegy Holdings Inc)

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Prepayments, Etc. of Indebtedness. The Borrower shall will not, nor shall it and will not permit any of its Restricted Subsidiaries to, directly or indirectly, prepay, redeem, purchase, defease or otherwise satisfy or make any unscheduled payment, in each case, prior to the scheduled maturity thereof in any manner (whether directly or indirectly)manner, or make any payment in violation of any subordination terms of, any Indebtedness for borrowed money (other than any intercompany Indebtedness), except for (a) the following:prepayment at par of the Obligations in accordance with the terms of this Agreement and (b) as permitted in accordance with the terms of Section 7.15.

Appears in 2 contracts

Samples: Shared Services Agreement (Mission Broadcasting Inc), Credit Agreement (Mission Broadcasting Inc)

Prepayments, Etc. of Indebtedness. The Borrower shall not, nor shall it permit any of its Restricted Subsidiaries to, directly or indirectly, not prepay, redeem, purchase, defease or otherwise satisfy or make any unscheduled payment, in each case, prior to the scheduled maturity thereof in any manner (whether directly or indirectly), or make any payment in violation of any subordination terms of, any Indebtedness for borrowed money (other than that is junior or expressly subordinated in right of payment to the Loan or any intercompany Indebtedness), except for Indebtedness that is secured on a junior priority basis relative to the following:Loan by some or all of the Collateral or any unsecured financing.

Appears in 1 contract

Samples: Credit Agreement (A-Mark Precious Metals, Inc.)

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Prepayments, Etc. of Indebtedness. The Borrower shall not, nor shall it permit any of its Restricted Subsidiaries to, directly or indirectly, prepay, redeem, purchase, defease or otherwise satisfy or make any unscheduled payment, in each case, prior to the scheduled maturity thereof in any manner (whether directly or indirectly), or make any payment in violation of any subordination terms of, any Indebtedness for borrowed money money, including, without limitation, obligations owing in respect of the Alpha Facility and the Riverside Facility (other than any intercompany Indebtedness), except for the following:

Appears in 1 contract

Samples: Credit Agreement (Dynegy Inc /Il/)

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