Example ContractsClausesPrepayment of Indebtedness
Prepayment of Indebtedness
Prepayment of Indebtedness contract clause examples

Prepayment of Indebtedness. 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, except: # the Obligations, # regularly scheduled principal and interest payments for Indebtedness permitted by Section 7.8, # in connection with the incurrence of refinancing Indebtedness permitted by Section 7.8, # payments to an Loan Party with respect to intercompany debt, and # as otherwise expressly permitted under this Agreement.

Make (or give any notice with respect thereto) any voluntary or optional payment or prepayment or redemption, cash settlement or acquisition for value of (including without limitation, by way of depositing money or securities with the trustee with respect thereto before due for the purpose of paying when due), refund, refinance or exchange of any Indebtedness of any Loan Party or any Subsidiary (other than # Indebtedness arising under the Loan Documents, # any Convertible Bond Indebtedness (solely to the extent made with the proceeds of additional issuances of Convertible Bond Indebtedness permitted under [Section 8.03(h)], and subject to any subordination provisions applicable thereto) or # Indebtedness permitted by [Section 8.03(e)] (solely to the extent made with the proceeds of additional issuances of Indebtedness permitted under [Section 8.03(e)]); provided, that, nothing in this [Section 8.11] shall prohibit or otherwise restrict payments with respect to Convertible Bond Indebtedness to the extent such payments are permitted by [Section 8.06].

Prepayment of Indebtedness. At any time, directly or indirectly, prepay any Indebtedness, or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Credit Party; provided, that Credit Parties and their Subsidiaries may prepay any Indebtedness so long as after giving effect thereto the Payment Conditions are satisfied; and provided further, that Credit Parties and their Subsidiaries may prepay any Note Indenture Obligations in connection with a Permitted Note Refinancing so long as such prepayment does not constitute a Restricted Payment.

Prepayment of Indebtedness. At any time, directly or indirectly, voluntarily prepay any Indebtedness, or repurchase, redeem, retire or otherwise acquire any Indebtedness of any Loan Party, except:

Notwithstanding anything to the contrary provided for in this [Section 7.17] or otherwise in this Agreement or any Other Document, fail to repay in full in cash all of the then-outstanding Permitted Korean LGU Indebtedness by the close of business (Korea time) on June 18, 2019.

Organization Documents; Fiscal Year; Legal Name, State of Formation and Form of Entity; Certain Amendments.72

No Prepayment or Acceleration of Junior Indebtedness. Except as expressly set forth in [Section 3a] or [Section 3b] of this Agreement, no Existing Secured Party shall take, accept or receive any payment or prepayment of the principal of any Existing Indebtedness, any payments resulting from any breach or default under any of the documents relating to the Existing Indebtedness, any prepayment as a result of the acceleration of any amounts due under any Existing Document, or any other direct or indirect payments or distributions whatsoever on account of the Existing Indebtedness. In the event that, notwithstanding the terms of the foregoing Section 3, the Obligor shall make any prohibited payment to any Existing Secured Party, then and in such event the turn-over and other obligations of the Parties set forth in Section 5 or Section 6, as the case may be, shall apply.

Prepayment. Notwithstanding the foregoing, Borrower shall have the right to prepay all or any portion of the Outstanding Balance.

Make (or give any notice with respect thereto) any voluntary or optional payment or prepayment or redemption or acquisition for value of (including without limitation, by way of depositing money or securities with the trustee with respect thereto before due for the purpose of paying when due), refund, refinance or exchange of any Indebtedness of any Loan Party or any Subsidiary (other than # Indebtedness arising under the Loan Documents and # Indebtedness permitted by [Section 8.03(e)] (so long as immediately after such transaction the underlying asset becomes subject to a first priority Lien in favor of the Administrative Agent pursuant to the terms of the Collateral Documents)).

PREPAYMENT. The principal amount of this Note may be prepaid at any time. Any prepayment shall include accrued and unpaid interest to the date of prepayment on the principal amount prepaid and all other sums due and payable hereunder. In the event of prepayment, in whole or in part, a prepayment penalty shall be assessed as follows:

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