Prepayments of Subordinated Indebtedness. The Borrower shall not, and shall not permit any of its Subsidiaries to, (a) purchase, redeem, retire or otherwise acquire for value, or set apart any money for a sinking, defeasance or other analogous fund for, the purchase, redemption, retirement or other acquisition of, or make any payment or prepayment of the principal of or interest on, or any other amount owing in respect of, any Indebtedness that is subordinated to the Obligations, except for regularly scheduled payments of interest in respect of such Indebtedness required pursuant to the instruments evidencing such Indebtedness that are not made in contravention of the terms and conditions of subordination set forth on part II of Schedule 8.05 or (b) directly or indirectly, make any payment in respect of, or set apart any money for a sinking, defeasance or other analogous fund on account of, Guaranty Obligations subordinated to the Obligations. The foregoing provisions will not prohibit the defeasance, redemption or repurchase of subordinated Indebtedness with the proceeds of Permitted Refinancing Indebtedness.
Prepayments of Subordinated Indebtedness. Except as expressly permitted under Section 6.4, no Credit Party shall, directly or indirectly, voluntarily purchase, redeem, defease or prepay any principal of, premium, if any, interest or other amount payable in respect of any Subordinated Indebtedness prior to its scheduled maturity.
Prepayments of Subordinated Indebtedness. No Loan Party shall voluntarily prepay, redeem, purchase, defease or otherwise satisfy prior to the scheduled maturity thereof in any manner any Subordinated Indebtedness, or make any payment in violation of any subordination terms of any Subordinated Indebtedness, except refinancings and refundings of such Subordinated Indebtedness to the extent permitted hereunder.
Prepayments of Subordinated Indebtedness. 89 8.14 Dividend and Other Payment Restrictions Affecting Subsidiaries......................................... 89 8.15 Change in Business.................................................. 90 8.16
Prepayments of Subordinated Indebtedness. No Related Person will make any unscheduled payment on any Subordinated Indebtedness, except:
Prepayments of Subordinated Indebtedness. Voluntarily prepay, redeem, purchase, defease or otherwise satisfy prior to the scheduled maturity thereof in any manner, or make any payment in excess of $5,000,000 in the aggregate during the term of this Agreement in violation of any subordination terms of, any Subordinated Debt, except any prepayments or redemptions of any such Indebtedness (a) that exists as of the date hereof and is listed on Schedule 6.03 to the Disclosure Letter in connection with a refunding or refinancing thereof permitted by Section 6.03(i) or (b) that is permitted by Section 6.03(g), unless an Event of Default has occurred and is continuing.
Prepayments of Subordinated Indebtedness. The Borrower shall not, nor shall it permit any of its Subsidiaries or Affiliates to, directly or indirectly, purchase, redeem, defease or prepay any principal of, premium, if any, interest or other amount payable in respect of any Subordinated Indebtedness prior to its scheduled maturity, other than Restricted Payments permitted pursuant to Section 6.5(iii).
Prepayments of Subordinated Indebtedness. 22 Section 5.30. Dividend and Other Payment Restrictions Affecting Subsidiaries........................22 Section 5.31. Change in Business....................................................................23 Section 5.32. Accounting Changes....................................................................23 Section 5.33. Limitation on Sale and Leaseback Transactions.........................................23 Section 5.34. [Intentionally Omitted]...............................................................23 Section 5.35. Amendments of Organization Documents or Certain Debt Agreements.......................23 Section 5.37. Operations through Subsidiaries.......................................................23 Section 5.38. Operations of MLP.....................................................................24 Section 5.39. Miscellaneous.........................................................................24 Section 5.40. Accounting Principles.................................................................25 Section 1.2.
Prepayments of Subordinated Indebtedness. Prepay, redeem, purchase, defease or otherwise satisfy prior to the scheduled maturity thereof in any manner, or make any payment in excess of $2,500,000 in the aggregate during the term of this Agreement in violation of any subordination terms of, any Subordinated Debt, except any prepayments or redemptions of any such Indebtedness that exists as of the date hereof and listed on Schedule 6.03 in connection with a refunding or refinancing thereof permitted by Section 6.03(i).
Prepayments of Subordinated Indebtedness. Except as expressly permitted under Section 6.4, no Credit Party shall, directly or indirectly, voluntarily purchase, redeem, defease or prepay any principal of, premium, if any, interest or other amount payable in respect of any Subordinated Indebtedness prior to its scheduled maturity other than the redemption of up to $5,000,000 of principal amount of Sky Subordinated Indebtedness and any accompanying accrued and unpaid interest (to the extent required to be paid pursuant to the terms of the 2019 Notes as in existence on the First Amendment Date) upon the exercise of the put option under that certain Letter Agreement, dated as of the date hereof, by and between Borrower and Sky Ventures Limited so long as (i) either (x) the Fundraising Condition has been met or (y) the 2019 Notes Conversion Condition has been met and (ii) no Default or Event of Default shall have occurred and be continuing or would be caused thereby.”
