Common use of Prepayments, Etc., of Debt Clause in Contracts

Prepayments, Etc., of Debt. The Company will not prepay, redeem, purchase, defease or otherwise satisfy, or permit any of its Subsidiaries to prepay, redeem, purchase, defease or otherwise satisfy, prior to the scheduled maturity thereof in any manner any Debt in respect of the Cavalier Credit Facility or the term loans under the Bank Facility, in each case, prior to the maturity date of the Series B Notes, except mandatory prepayments of principal, and payments of interest, required under the Cavalier Credit Agreement or the Bank Facility, respectively.

Appears in 2 contracts

Sources: Note Purchase Agreement (Alliance Holdings GP, L.P.), Note Purchase Agreement (Alliance Resource Partners Lp)