Common use of Subordinated Indebtedness Clause in Contracts

Subordinated Indebtedness. Borrower will not make any payment of principal, interest or other amount on or with respect to any of its Subordinated Indebtedness to the extent prohibited by the subordination provisions governing the same.

Appears in 4 contracts

Samples: Term Loan Agreement (Hennessy Advisors Inc), Loan Agreement (Hennessy Advisors Inc), Loan Agreement (Featherlite Inc)

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Subordinated Indebtedness. The Borrower will not (a) make any scheduled payment of principal, the principal of or interest or other amount on or with respect to any of its Subordinated Indebtedness to the extent which would be prohibited by the terms of such Subordinated Indebtedness and any related subordination agreement; or (b) amend or cancel the subordination provisions governing the sameapplicable to any Subordinated Indebtedness.

Appears in 2 contracts

Samples: Credit Agreement (Alleghany Corp /De), Credit Agreement (Alleghany Corp /De)

Subordinated Indebtedness. Borrower will not make any payment payments of principal, interest or other amount amounts on or with respect to any of its Subordinated Indebtedness to the extent prohibited by the subordination provisions governing the same.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Huntco Inc), Revolving Credit Agreement (Huntco Inc)

Subordinated Indebtedness. Borrower will not (i) make any payment optional prepayments on any of its Subordinated Indebtedness or of the Senior Unsecured Notes, or (ii) make any payments of principal, interest or other amount amounts on or with respect to any of its Subordinated Indebtedness to the extent prohibited by the subordination provisions governing the same.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Doane Products Co), Assignment and Assumption Agreement (Doane Products Co)

Subordinated Indebtedness. Borrower will not make any payment of ------------------------- principal, interest or other amount on or with respect to any of its Subordinated Indebtedness to the extent prohibited by the subordination provisions governing the same.

Appears in 1 contract

Samples: Loan Agreement (Hennessy Advisors Inc)

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Subordinated Indebtedness. Borrower will not make any payments on or prepay or otherwise accelerate payment of principal, interest or other amount on or with respect to any of its Subordinated Indebtedness to the extent prohibited by the subordination provisions governing the sameIndebtedness.

Appears in 1 contract

Samples: Loan and Security Agreement (Consolidated Stainless Inc)

Subordinated Indebtedness. Borrower will not make any payment of -------------------------- principal, interest or other amount on or with respect to any of its Subordinated Indebtedness to the extent prohibited by the subordination provisions governing the same.

Appears in 1 contract

Samples: Loan Agreement (Air Methods Corp)

Subordinated Indebtedness. Borrower will not (i) make any payment optional prepayments on any of its Subordinated Indebtedness or of the Senior Unsecured Notes, or (ii) make any payments of principal, interest or other amount amounts on or with respect to any of its Subordinated Indebtedness to the extent prohibited by the subordination provisions governing the same.its

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Doane Pet Care Co)

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