After all Senior. Indebtedness of the ------------ Company is paid in full and until the Securities are paid in full, Securityholders shall be subrogated to the rights of holders of such Senior Indebtedness to receive distributions applicable to such Senior Indebtedness. A distribution made under this Article 10 to holders of such Senior Indebtedness which otherwise would have been made to Securityholders is not, as between the Company and Securityholders, a payment by the Company on such Senior Indebtedness.
Appears in 5 contracts
Samples: Indenture (Fs Equity Partners Iii Lp), Indenture (Blum Capital Partners Lp), Indenture (Glenoit Asset Corp)
After all Senior. Indebtedness of the ------------ Company is paid in full in cash and until the Securities are paid in fullfull in cash, Securityholders shall be subrogated to the rights of holders of such Senior Indebtedness to receive distributions applicable to such Senior Indebtedness. A payment or distribution made under this Article 10 X to holders of such Senior Indebtedness which otherwise would have been made to Securityholders is not, as between the Company and Securityholders, a payment by the Company on such Senior Indebtedness.
Appears in 1 contract
Samples: Indenture (Eagle Family Foods Inc)
After all Senior. Indebtedness of the ------------ Company is paid in full and until the Securities are paid in full, Securityholders Holders shall be subrogated to the rights of holders of such Senior Indebtedness to receive distributions applicable to such Senior Indebtedness. A distribution made under this Article 10 to holders of such Senior Indebtedness which otherwise would have been made to Securityholders Holders is not, as between the Company and SecurityholdersHolders, a payment by the Company on such Senior Indebtedness.
Appears in 1 contract
Samples: Indenture (Commercial Aggregates Transportation & Sales LLC)
After all Senior. Indebtedness of the ------------ Company is paid in full and until the Securities are paid in full, Securityholders the Holders shall be subrogated to the rights of holders of such Senior Indebtedness to receive distributions applicable to such Senior Indebtedness. A distribution made under this Article 10 Thirteen to holders of such Senior Indebtedness which otherwise would have been made to Securityholders Holders is not, as between the Company and SecurityholdersHolders, a payment by the Company on such Senior Indebtedness.
Appears in 1 contract
Samples: Indenture (Vintage Petroleum Inc)
After all Senior. Indebtedness of the ------------ Company is paid in full and until the Securities are paid in full, Securityholders shall be subrogated to the rights of holders of such Senior Indebtedness to receive distributions applicable to such Senior Indebtedness. A distribution made under this Article 10 to holders of such Senior Indebtedness which otherwise would have been made to Securityholders is not, as between the Company and Securityholders, a payment by the Company on such Senior Indebtedness.
Appears in 1 contract
After all Senior. Indebtedness of the ------------ ----------- Company is paid in full and until the Securities are paid in full, Securityholders shall be subrogated to the rights of holders of such Senior Indebtedness to receive distributions applicable to such Senior Indebtedness. A distribution made under this Article 10 12 to holders of such Senior Indebtedness which otherwise would have been made to Securityholders is not, as between the Company and Securityholders, a payment by the Company on such Senior Indebtedness.. 100
Appears in 1 contract
Samples: Indenture (Chippac LTD)
After all Senior. Indebtedness of the ------------ Company ----------- Issuer is paid in full and until the Securities are paid in full, Securityholders shall be subrogated to the rights of holders of such Senior Indebtedness to receive distributions applicable to such Senior Indebtedness. A distribution made under this Article 10 to holders of such Senior Indebtedness which otherwise would have been made to Securityholders is not, as between the Company Issuer and Securityholders, a payment by the Company Issuer on such Senior Indebtedness.
Appears in 1 contract
Samples: Indenture (Chippac LTD)
After all Senior. Indebtedness of the ------------ Company is paid in full and until the Securities are paid in full, Securityholders shall be subrogated to the rights of holders of such Senior Indebtedness to receive distributions applicable to such Senior Indebtedness. A distribution made under this Article 10 to holders of such Senior Indebtedness which otherwise would have been made to Securityholders is not, as between the Company and Securityholders, a payment by the Company on such Senior Indebtedness.Senior
Appears in 1 contract
Samples: Indenture (Telecorp PCS Inc)
After all Senior. Indebtedness of the ------------ ----------- Company is paid in full and until the Securities are paid in full, Securityholders shall be subrogated to the rights of holders of such Senior Indebtedness to receive distributions applicable to such Senior Indebtedness. A distribution made under this Article 10 to holders of such Senior Indebtedness which otherwise would have been made to Securityholders is not, as between the Company and Securityholders, a payment by the Company on such Senior Indebtedness.
Appears in 1 contract