Acceleration of Subordinated Debt Instruments. If payment of the Subordinated Debt Instruments is accelerated because of an Event of Default, the [Credit Party] shall promptly notify holders of the Senior Indebtedness of the acceleration.
Appears in 4 contracts
Samples: Global Security Agreement (Global Crossing LTD), Intercreditor Agreement (Global Crossing North America Inc), Global Security Agreement (Global Crossing LTD)