Common use of Prepayment of Indebtedness Clause in Contracts

Prepayment of Indebtedness. Except as permitted pursuant to Section 7.21 hereof, at any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrower.

Appears in 8 contracts

Sources: Revolving Credit, Term Loan and Security Agreement (Enservco Corp), Revolving Credit and Security Agreement (Emtec Inc/Nj), Revolving Credit, Term Loan and Security Agreement (NYTEX Energy Holdings, Inc.)

Prepayment of Indebtedness. Except as permitted pursuant to in Section 7.21 7.19 hereof, at any time, directly or indirectly, either (i) prepay any Indebtedness (other than to LendersAgent or Bank), or (ii) prior to its stated maturity, repurchase, redeem, retire or otherwise acquire any Indebtedness of any BorrowerLoan Party or any Subsidiary of any Loan Party.

Appears in 3 contracts

Sources: Credit and Security Agreement (Manhattan Bridge Capital, Inc), Credit and Security Agreement (Manhattan Bridge Capital, Inc), Credit and Security Agreement (Sachem Capital Corp.)

Prepayment of Indebtedness. Except as permitted pursuant to Section 7.21 hereof, at any time, directly or indirectly, prepay any Indebtedness (other than to LendersLenders or to Borrower or a Domestic Subsidiary thereof), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrower.

Appears in 3 contracts

Sources: Revolving Credit and Security Agreement (Research Pharmaceutical Services, Inc.), Revolving Credit and Security Agreement (Research Pharmaceutical Services, Inc.), Revolving Credit and Security Agreement (Research Pharmaceutical Services, Inc.)

Prepayment of Indebtedness. Except as Indebtedness permitted pursuant to Section 7.21 Sections 7.8(b) and 7.8(c) hereof, at any time, directly or indirectlyindirectly (including by offset), prepay any Indebtedness (other than to Lenders), or or, except for prepayments of loans permitted in Section 7.5(e), repurchase, redeem, retire or otherwise acquire any Indebtedness of Borrower or any Borrowerof its Subsidiaries.

Appears in 3 contracts

Sources: Credit and Security Agreement (Pc Connection Inc), Credit and Security Agreement (Pc Connection Inc), Credit and Security Agreement (Pc Connection Inc)

Prepayment of Indebtedness. Except as permitted pursuant to Section 7.21 hereof7.17, at any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any BorrowerLoan Party.

Appears in 2 contracts

Sources: Loan and Security Agreement (Edgen Louisiana CORP), Loan and Security Agreement (Brown Jordan International Inc)

Prepayment of Indebtedness. Except as permitted pursuant to Section 7.21 7.22 hereof, at any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrower.

Appears in 2 contracts

Sources: Revolving Credit and Security Agreement (Akrion, Inc.), Revolving Credit and Security Agreement (Akrion, Inc.)

Prepayment of Indebtedness. Except as permitted pursuant to Section 7.21 hereof, at any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrower.

Appears in 2 contracts

Sources: Revolving Credit and Security Agreement (Berliner Communications Inc), Revolving Credit, Term Loan, Equipment Line of Credit and Security Agreement (Ashlin Development Corp)

Prepayment of Indebtedness. Except as permitted pursuant to Section 7.21 7.18 hereof, at any time, directly or indirectly, prepay or defease any subordinated Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any subordinated Indebtedness of any Borrower.

Appears in 2 contracts

Sources: Loan Agreement (McMS Inc), Loan Agreement (McMS Inc /De/)

Prepayment of Indebtedness. Except as permitted pursuant to Section 7.21 7.18 hereof, at any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrower.

Appears in 2 contracts

Sources: Revolving Credit, Term Loan and Security Agreement (Health Chem Corp), Revolving Credit and Security Agreement (Graham Field Health Products Inc)

Prepayment of Indebtedness. Except as permitted pursuant to Section 7.21 hereof7.18, at any time, directly or indirectly, prepay any Indebtedness (other than to LendersLenders or, subject to Section 2.17, Term Lender), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any BorrowerLoan Party including, without limitation, except as otherwise provided in Section 2.17, the Term Loans.

Appears in 1 contract

Sources: Financing Agreement (Rafaella Apparel Group,inc.)

Prepayment of Indebtedness. Except as permitted pursuant to Section 7.21 7.19 hereof, at any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any BorrowerBorrower or Guarantor.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Comforce Corp)

Prepayment of Indebtedness. Except as to the extent permitted pursuant to under Section 7.21 hereof7.20, at any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrower.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Avatech Solutions Inc)

Prepayment of Indebtedness. Except as permitted pursuant to Section 7.21 7.18 hereof, at any time, directly or indirectly, prepay any Indebtedness (other than to Lendersthe Obligations), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrower, including the Subordinated Indebtedness.

Appears in 1 contract

Sources: Revolving Credit, Term Loan and Security Agreement (Pietrafesa Corp)

Prepayment of Indebtedness. Except as permitted pursuant to provided in Section 7.21 hereof7.17, at any time, directly or indirectly, prepay any Indebtedness for borrowed money (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness for borrowed money of any Borrower.

Appears in 1 contract

Sources: Revolving Credit, Term Loan and Security Agreement (Fonda Group Inc)

Prepayment of Indebtedness. Except as Indebtedness permitted pursuant -------------------------- to Section 7.21 Sections 7.8(b) and 7.8(c) hereof, at any time, directly or indirectlyindirectly (including by offset), prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of Borrower or any Borrowerof its Subsidiaries.

Appears in 1 contract

Sources: Credit and Security Agreement (Pc Connection Inc)

Prepayment of Indebtedness. Except as permitted pursuant to by Section 7.21 hereof2.12, at any time, directly or indirectly, prepay any Indebtedness for borrowed money (including, without limitation, Indebtedness to the seller or sellers of assets, stock or other investments of the kind contemplated by paragraph C of Section 7.4) (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrowersuch Indebtedness.

Appears in 1 contract

Sources: Revolving Credit, Term Loan and Security Agreement (Centurion Wireless Technologies Inc)

Prepayment of Indebtedness. Except as permitted pursuant to Section 7.21 hereof, at At any time, directly or indirectly, prepay any Indebtedness for borrowed money (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness such Indebtedness; (provided, however, the foregoing shall not prohibit Borrower from (a) prepaying any of any Borrowerthe Other Senior Debt or (b) honoring the “put” of the Warrants or the securities acquired upon exercise of the Warrants as permitted by Section 7.7(d).

Appears in 1 contract

Sources: Loan and Security Agreement (Vision-Ease Lens, Inc.)

Prepayment of Indebtedness. Except as permitted pursuant to Section 7.21 hereof, at At any time, directly or indirectly, prepay any Indebtedness (other than to Lendersthe Obligations), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any BorrowerBorrower or Guarantor, in each case except (i) as permitted pursuant to Section 7.18 hereof, or (ii) to the extent the Payment Conditions are then satisfied.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Finish Line Inc /In/)

Prepayment of Indebtedness. Except as permitted pursuant to Section 7.21 7.23 hereof, at any time, directly or indirectly, prepay any Indebtedness (other than to LendersSenior Lenders pursuant to the Senior Loan Documents), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrower.

Appears in 1 contract

Sources: Term Loan and Security Agreement (Air Industries Group, Inc.)

Prepayment of Indebtedness. Except as may be permitted pursuant to under Section 7.21 hereof7.20 of this Agreement, at any time, directly or indirectly, prepay any Indebtedness (other than to LendersLenders or as otherwise expressly permitted under this Agreement), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrower.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Zanett Inc)

Prepayment of Indebtedness. Except as otherwise permitted pursuant to Section 7.21 by Sections 2.11(c) or 7.18 hereof, at any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrower.

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Rheometric Scientific Inc)

Prepayment of Indebtedness. Except as permitted pursuant to set forth in Section 7.21 hereof7.21, at any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrower.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Gaiam, Inc)

Prepayment of Indebtedness. Except as permitted pursuant to Section 7.21 7.18 hereof, at any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrower.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Warner Chilcott PLC)

Prepayment of Indebtedness. Except as permitted pursuant to Section 7.21 hereof7.18, at any time, directly or indirectly, prepay any Indebtedness (other than to Agent or Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrower.

Appears in 1 contract

Sources: Revolving Credit, Term Loan and Security Agreement (Perma Fix Environmental Services Inc)

Prepayment of Indebtedness. Except as permitted pursuant to Section 7.21 7.18 hereof, at any time, directly or indirectly, prepay any Indebtedness (other than to LendersLender), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any BorrowerBorrower or Guarantor or their respective Subsidiaries.

Appears in 1 contract

Sources: Revolving Credit, Term Loan and Security Agreement (Quality Gold Holdings, Inc.)

Prepayment of Indebtedness. Except as permitted pursuant to Section 7.21 hereof7.18, at any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any BorrowerLoan Party.

Appears in 1 contract

Sources: Loan Agreement (Verrazano,inc.)

Prepayment of Indebtedness. Except as permitted pursuant to in Section 7.21 7.19 hereof, at any time, directly or indirectly, either (i) prepay any Indebtedness (other than to LendersLender or Bank), or (ii) prior to its stated maturity, repurchase, redeem, retire or otherwise acquire any Indebtedness of any BorrowerLoan Party or any Subsidiary of any Loan Party.

Appears in 1 contract

Sources: Credit and Security Agreement (Manhattan Bridge Capital, Inc)

Prepayment of Indebtedness. Except as permitted pursuant to Section 7.21 7.18 hereof, at any time, directly or indirectly, prepay any Indebtedness (other than to Lendersthe Obligations), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any BorrowerLoan Party.

Appears in 1 contract

Sources: Term Loan Credit and Guaranty Agreement (New Enterprise Stone & Lime Co., Inc.)

Prepayment of Indebtedness. Except as permitted pursuant to Section 7.21 hereof, at At any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrower, except the prepayment of Indebtedness permitted by Section 7.8(iii) of this Agreement to the extent permitted in the applicable subordination agreement. (o) Section 9.2. Upon the Effective Date, the first sentence of Section 9.2 of the Loan Agreement shall be amended and restated in its entirety as follows:

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Crocs, Inc.)

Prepayment of Indebtedness. Except as permitted pursuant to Section 7.21 7.18 hereof, at any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any BorrowerObligor if a Default or an Event of Default would result therefrom or at such time there exists a Default or an Event of Default.

Appears in 1 contract

Sources: Revolving Credit, Acquisition Term Loan and Security Agreement (Philipp Brothers Chemicals Inc)

Prepayment of Indebtedness. Except as permitted pursuant to Section 7.21 7.22 hereof, at any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any BorrowerBorrower or Guarantor.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Comforce Corp)

Prepayment of Indebtedness. Except (i) as permitted pursuant to Section 7.21 hereof, or (ii) so long as no Default or Event of Default has occurred and is continuing or would result therefrom, the Recapitalization Dividend Debt Prepayment, at any time, directly or indirectly, prepay any Indebtedness for borrowed money (other than to Agents and Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness for borrowed money of any Borrower.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Skullcandy, Inc.)

Prepayment of Indebtedness. Except as permitted pursuant to Section 7.21 hereof, at At any time, directly or indirectly, prepay any Indebtedness (other than Indebtedness to LendersAgent or Lenders pursuant to this Agreement or the Other Documents and except as expressly permitted in any subordination agreement executed in connection with the Indebtedness permitted by Section 7.8(d)), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any BorrowerLoan Party.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (General Finance CORP)

Prepayment of Indebtedness. Except as permitted pursuant to Section 7.21 7.18 hereof, at any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any BorrowerObligor if a Default or an Event of Default would result therefrom or at such time there exists a Default or an Event of Default.

Appears in 1 contract

Sources: Revolving Credit, Capital Expenditure Line and Security Agreement (Philipp Brothers Chemicals Inc)

Prepayment of Indebtedness. Except as permitted pursuant to Section 7.21 hereof7.18, at any time, directly or indirectly, prepay any Indebtedness (other than to LendersLenders or, subject to Section 2.17, Term Lender), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any BorrowerLoan Party including, without limitation, except as otherwise provided in Section 2.17, the Term Loan.

Appears in 1 contract

Sources: Financing Agreement (Rafaella Apparel Group,inc.)

Prepayment of Indebtedness. Except as permitted pursuant to Section 7.21 hereof, at any time, directly or indirectly, prepay any Indebtedness (other than to LendersLender), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrower.

Appears in 1 contract

Sources: Revolving Credit, Term Loan and Security Agreement (Capstone Holding Corp.)

Prepayment of Indebtedness. Except as permitted pursuant to Section 7.21 hereof, at any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any BorrowerCredit Party.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Flotek Industries Inc/Cn/)

Prepayment of Indebtedness. Except as permitted pursuant to Section 7.21 hereof, at At any time, directly or indirectly, prepay any Indebtedness (other than to LendersLender), or repurchase, redeem, retire or otherwise acquire any Indebtedness of Borrower other than in the ordinary course of business or except as expressly permitted hereunder. Nothing contained in this Section 7.14 shall prohibit or restrict the prepayment of any BorrowerIndebtedness due and owing to or from any Borrower or any Affiliated Borrowers which may be outstanding from time to time.

Appears in 1 contract

Sources: Revolving Credit, Term Loan and Security Agreement (Tii Industries Inc)

Prepayment of Indebtedness. Except as permitted pursuant to Section 7.21 hereof, at At any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Borrower, other than, in each case, Subordinated Indebtedness, and then only to the extent and under the circumstances permitted under Section 7.18.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Kenexa Corp)

Prepayment of Indebtedness. Except as otherwise permitted pursuant to Section 7.21 hereof6.20, at any time, directly or indirectly, prepay any Indebtedness (other than to LendersLender), or repurchase, redeem, retire or otherwise acquire any Indebtedness of any the Borrower.

Appears in 1 contract

Sources: Loan Agreement (Soy Energy, LLC)