Common use of After all Senior Clause in Contracts

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 (Glenoit Asset Corp), Indenture (DR Sales Inc), Indenture (Fs Equity Partners Iii Lp)

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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: 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: 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

Samples: Delco Remy International Inc

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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: 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 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

Samples: Telecorp Tritel Holding Co

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