Debt Payments. Other than any refinancing or refunding of Debt permitted by Section 5.08, neither the Borrower nor any Subsidiary of the Borrower will prepay, redeem, defease (whether actually or in substance), or purchase in any manner any amount in respect of principal, interest or premium in respect of any Debt (or deposit or set aside funds for the purpose of any of the foregoing) (collectively, "Prepayments"), provided that so long as no Event of Default has occurred which is continuing, the Borrower and any of its Subsidiaries may make Prepayments of any Debt other than the Debt described in Section 5.08(b).
Appears in 2 contracts
Sources: Credit Agreement (Perini Corp), Credit Agreement (Perini Corp)