Common use of Subordinated Debt Payments Clause in Contracts

Subordinated Debt Payments. Make any voluntary or optional payment, prepayment or repayment on, redemption, exchange or acquisition for value of, or any sinking fund or similar payment with respect to, any Subordinated Debt, except as permitted by the subordination provisions in the applicable Subordinated Debt Documents and any subordination agreement with respect thereto in favor of the Administrative Agent and the Lenders.

Appears in 4 contracts

Samples: Guarantee and Collateral Agreement (Extreme Networks Inc), Credit Agreement (Extreme Networks Inc), Credit Agreement (Violin Memory Inc)

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Subordinated Debt Payments. Make any voluntary or optional payment, prepayment or repayment on, redemption, exchange or acquisition for value of, or any sinking fund or similar payment with respect to, any Subordinated Debt, except (i) with respect to intercompany Indebtedness permitted under Section 7.2(b) or (ii) as permitted by the subordination provisions in the applicable Subordinated Debt Documents and any subordination agreement with respect thereto in favor of the Administrative Agent and the Lenders.

Appears in 3 contracts

Samples: Credit Agreement (Extreme Networks Inc), Credit Agreement (Digi International Inc), Credit Agreement (Extreme Networks Inc)

Subordinated Debt Payments. Make any voluntary or optional payment, prepayment or repayment on, redemption, exchange or acquisition for value of, or any sinking fund or similar payment with respect to, any Subordinated DebtIndebtedness, except (i) with respect to intercompany Indebtedness permitted under Section 7.2(b) or (ii) as permitted by the subordination provisions in the applicable Subordinated Debt Documents and any subordination agreement with respect thereto in favor of the Administrative Agent and the Lenders.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Digi International Inc), Credit Agreement (Digi International Inc)

Subordinated Debt Payments. Make Make, or permit any of its Subsidiaries to make, any voluntary or optional payment, prepayment payment or repayment on, redemption, exchange or acquisition for value of, or any sinking fund or similar payment with respect to, any Subordinated Debt, except as permitted by the subordination provisions in the applicable Subordinated Debt Documents and any subordination agreement Subordination Agreement with respect thereto in favor of the Administrative Agent and the Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Exponential Interactive, Inc.), Credit Agreement (Exponential Interactive, Inc.)

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Subordinated Debt Payments. Make any voluntary or optional payment, prepayment or repayment on, redemption, exchange or acquisition for value of, or any sinking fund or similar payment with respect to, any Subordinated Debt, except as permitted by the subordination provisions in the applicable Subordinated Debt Documents and any subordination agreement with respect thereto in favor of the Administrative Agent and the Lenders.. sf-3193689

Appears in 1 contract

Samples: Credit Agreement (Mattson Technology Inc)

Subordinated Debt Payments. Make any voluntary or optional payment, prepayment or repayment on, redemption, exchange or acquisition for value of, or any sinking fund or similar payment with respect to, any Subordinated DebtIndebtedness, except (i) with respect to intercompany Indebtedness 113 permitted under Section 7.2(b) or (ii) as permitted by the subordination provisions in the applicable Subordinated Debt Documents and any subordination agreement with respect thereto in favor of the Administrative Agent and the Lenders.

Appears in 1 contract

Samples: Credit Agreement (Extreme Networks Inc)

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