Acceleration of Payment of Securities. If payment of the Notes is accelerated when Designated Senior Debt is outstanding, the Company may not pay the Notes until three Business Days after the Representative of the holders of such Designated Senior Debt or, if there is no Representative, the holders of such Designated Senior Debt receive notice of such acceleration and, thereafter, may pay the Notes only if this Indenture otherwise permits payment at that time.
Appears in 4 contracts
Samples: First Supplemental Indenture (Celestica Inc), Indenture (Prestige Brands Holdings, Inc.), Indenture (S&c Resale Co)
Acceleration of Payment of Securities. If payment of the Notes is accelerated when Designated Senior Debt is outstanding, the Company may not pay the Notes until three Business Days after the Representative Representatives of the holders all issues of such Designated Senior Debt or, if there is no Representative, the holders of such Designated Senior Debt receive notice of such acceleration and, thereafter, may pay the Notes only if this Indenture otherwise permits payment at that time.
Appears in 3 contracts
Samples: Indenture (Greif Brothers Corp), Indenture (Tousa Delaware Inc), Indenture (Technical Olympic Usa Inc)
Acceleration of Payment of Securities. If payment of the Notes Securities is accelerated when any Designated Senior Debt is outstanding, the Company may not pay the Notes Securities until three Business Days after the Representative Representatives of the holders all issues of such Designated Senior Debt or, if there is no Representative, the holders of such Designated Senior Debt receive notice of such acceleration and, thereafter, may pay the Notes Securities only if this Indenture otherwise permits payment at that time.
Appears in 3 contracts
Samples: Indenture (Tv Guide Inc), Subordinated Indenture (Teligent Inc), Indenture (Fairpoint Communications Inc)
Acceleration of Payment of Securities. If payment of the Notes is accelerated when Designated Senior Debt is outstanding, the Company may not pay the Notes until three Business Days after the Representative of the holders of such Designated Senior Debt or, if there is no Representative, the holders of such Designated Senior Debt receive notice of such acceleration and, thereafter, may pay the Notes only if this Third Supplemental Indenture otherwise permits payment at that time.
Appears in 1 contract
Acceleration of Payment of Securities. If payment of the Notes is accelerated when any Designated Senior Debt is outstanding, the Company may not pay the Notes until three Business Days after the Representative Representatives of the holders all issues of such Designated Senior Debt or, if there is no Representative, the holders of such Designated Senior Debt receive notice of such acceleration and, thereafter, may pay the Notes only if this Indenture otherwise permits payment at that time.
Appears in 1 contract
Samples: Indenture (Sanmina-Sci Corp)
