Prohibition of Defeasance of Subordinated Notes. The Borrower shall not and shall not permit any of its Subsidiaries to make any payments to the trustee under the Indenture or to any holders of Subordinated Notes in payment of the defeasance or covenant defeasance of the Subordinated Notes pursuant to Section 402 or 403 of the Indenture or any similar provision in any supplement to the Indenture.
Appears in 2 contracts
Sources: Credit Agreement (Mariner Health Group Inc), Credit Agreement (Mariner Health Group Inc)