Common use of Applicability of Article; Agreement to Subordinate Clause in Contracts

Applicability of Article; Agreement to Subordinate. The provisions of this Article XII shall be applicable to the Debt Securities of any series (Debt Securities of such series referred to in this Article XII as "Subordinated Debt Securities") designated, pursuant to Section 2.03, as subordinated to Senior Indebtedness. Each Holder by accepting a Subordinated Debt Security agrees that the Indebtedness evidenced by such Subordinated Debt Security is subordinated in right of payment, to the extent and in the manner provided in this Article XII, to the prior payment of all Senior Indebtedness and that the subordination is for the benefit of and enforceable by the holders of Senior Indebtedness. All provisions of this Article XII shall be subject to Section 12.12.

Appears in 26 contracts

Samples: Indenture (Swift Energy Co), Indenture (Denbury Resources Inc), Indenture (Swift Energy Co)

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Applicability of Article; Agreement to Subordinate. The provisions of this Article XII shall only be applicable to the Debt Securities of any series (Debt Securities of such series referred to in this Article XII as "Subordinated Debt Securities") designated, pursuant to Section 2.03, as subordinated to Senior IndebtednessIndebtedness and any related Guarantee of such Subordinated Debt Securities. Each Holder by accepting a Subordinated Debt Security agrees that the Indebtedness Debt evidenced by such Subordinated Debt Security and any related Guarantee of such Subordinated Debt Security is subordinated in right of payment, to the extent and in the manner provided in this Article XII, to the prior payment of all Senior Indebtedness and that the subordination is for the benefit of and enforceable by the holders of Senior Indebtedness. All provisions of this Article XII shall be subject to Section 12.12.

Appears in 25 contracts

Samples: Indenture (EnLink Midstream, LLC), Indenture (CNX Coal Finance Corp.), Indenture (Global Operating LLC)

Applicability of Article; Agreement to Subordinate. The provisions of this Article XII XIV shall only be applicable to the Debt Securities of any series (Debt Securities of such series referred to in this Article XII XIV as "Subordinated Debt Securities") designated, pursuant to Section 2.033.01, as subordinated to Senior Indebtedness. Each Holder by accepting a Subordinated Debt Security agrees that the Indebtedness Debt evidenced by such Subordinated Debt Security is subordinated in right of payment, to the extent and in the manner provided in this Article XIIXIV, to the prior payment of all Senior Indebtedness and that the subordination is for the benefit of and enforceable by the holders of Senior Indebtedness. All provisions of this Article XII XIV shall be subject to Section 12.1214.12.

Appears in 16 contracts

Samples: Subordinated Indenture (Eplus Inc), Subordinated Indenture (Helix Energy Solutions Group Inc), Subordinated Indenture (Enbridge Pipelines (Texas Gathering) L.P.)

Applicability of Article; Agreement to Subordinate. The provisions of this Article XII X shall only be applicable to the Debt Securities of any series (Debt Securities of such series referred to in this Article XII X as "Subordinated Debt Securities") designated, pursuant to Section 2.032.01, as subordinated to Senior IndebtednessIndebtedness and any related Guarantees of such Subordinated Securities. Each Holder by accepting a Subordinated Debt Security agrees that the Indebtedness Debt evidenced by such Subordinated Debt Security and any related Guarantees of such Subordinated Security is subordinated in right of payment, to the extent and in the manner provided in this Article XIIX, to the prior payment of all Senior Indebtedness and that the subordination is for the benefit of and enforceable by the holders of Senior Indebtedness. All provisions of this Article XII X shall be subject to Section 12.1210.12.

Appears in 14 contracts

Samples: Indenture (Jones Energy, Inc.), Indenture (AMI 2, Inc.), Indenture (Jones Energy Holdings, LLC)

Applicability of Article; Agreement to Subordinate. The provisions of this Article XII X shall only be applicable to the Debt Securities of any series (Debt Securities of such series referred to in this Article XII X as "Subordinated Debt Securities") designated, pursuant to Section 2.032.01, as subordinated to Senior IndebtednessIndebtedness and any related Guarantee of such Subordinated Securities. Each Holder by accepting a Subordinated Debt Security agrees that the Indebtedness Debt evidenced by such Subordinated Debt Security and any related Guarantee of such Subordinated Security is subordinated in right of payment, to the extent and in the manner provided in this Article XIIX, to the prior payment of all Senior Indebtedness and that the subordination is for the benefit of and enforceable by the holders of Senior Indebtedness. All provisions of this Article XII X shall be subject to Section 12.1210.12.

Appears in 6 contracts

Samples: Indenture (Heritage Propane Partners L P), Martin Operating Partnership L.P., Martin Operating Partnership L.P.

Applicability of Article; Agreement to Subordinate. The provisions of this Article XII shall only be applicable to the Debt Securities of any series (Debt Securities of such series referred to in this Article XII as "Subordinated Debt Securities") designated, pursuant to Section 2.03, as subordinated to Senior IndebtednessIndebtedness and any related Guarantee of such Subordinated Debt Securities. Each Holder by accepting a Subordinated Debt Security agrees that the Indebtedness Debt evidenced by such Subordinated Debt Security and any related Guarantee of such Subordinated Debt Security is subordinated in right of payment, to the extent and in the manner provided in this Article XII, to the prior payment of all Senior Indebtedness and that the subordination is for the benefit of and enforceable by the holders of Senior Indebtedness. All provisions of this Article XII shall be subject to Section 12.12.

Appears in 5 contracts

Samples: Indenture (Jonah Gas Gathering Co), Jonah Gas Gathering Co, Williams Energy Partners L P

Applicability of Article; Agreement to Subordinate. The provisions of this Article XII shall be applicable to the Debt Securities of any series (Debt Securities of such series referred to in this Article XII as "Subordinated Debt Securities") designated, pursuant to Section 2.03, as subordinated to Senior Indebtedness. Each Holder by accepting a Subordinated Debt Security agrees that the Indebtedness evidenced by such Subordinated Debt Security is subordinated in right of payment, to the extent and in the manner provided in this Article XII, to the prior payment of all Senior Indebtedness and that the subordination is for the benefit of and enforceable by the holders of Senior Indebtedness. All provisions of this Article XII shall be subject to Section 12.12.

Appears in 4 contracts

Samples: Indenture (Swift Energy Co), Pioneer Natural Resources Co, Pioneer Natural Resources Co

Applicability of Article; Agreement to Subordinate. The provisions of this Article XII shall be applicable to the Debt Securities of any series (Debt Securities of such series being referred to in this Article XII XIII as "Subordinated Debt Securities") designated, except to the extent such provisions may be changed or added to pursuant to Section 2.03, as subordinated to Senior Indebtedness. Each Holder by accepting a Subordinated Debt Security agrees that the Indebtedness indebtedness evidenced by such Subordinated Debt Security is subordinated in right of payment, to the extent and in the manner provided in this Article XIIXIII, to the prior payment of all Senior Indebtedness and that the subordination is for the benefit of and enforceable by the holders of Senior Indebtedness. All provisions of this Article XII XIII shall be subject to Section 12.1213.12.

Appears in 2 contracts

Samples: MarkWest New Mexico LP, Eott Energy Operating Lp

Applicability of Article; Agreement to Subordinate. The provisions of this Article XII shall only be applicable to the Debt Securities of any series (Debt Securities of such series referred to in this Article XII as "Subordinated Debt Securities") designated, pursuant to Section 2.03, as subordinated to Senior Indebtedness. Each Holder by accepting a Subordinated Debt Security agrees that the Indebtedness Debt evidenced by such Subordinated Debt Security is subordinated in right of payment, to the extent and in the manner provided in this Article XII, to the prior payment of all Senior Indebtedness and that the subordination is for the benefit of and enforceable by the holders of Senior Indebtedness. All provisions of this Article XII shall be subject to Section 12.12.

Appears in 2 contracts

Samples: Indenture (Enbridge Energy Partners Lp), Enbridge Energy Partners Lp

Applicability of Article; Agreement to Subordinate. The provisions of this Article XII shall only be applicable to the Debt Securities of any series (Debt Securities of such series referred to in this Article XII as "Subordinated Debt Securities") designated, pursuant to Section 2.03, as subordinated to Senior Indebtedness. Each Holder by accepting a Subordinated Debt Security agrees that the Indebtedness Debt evidenced by such Subordinated Debt Security is subordinated in right of payment, to the extent and in the manner provided in this Article XII, to the prior payment of all Senior Indebtedness and that the subordination is for the benefit of and enforceable by the holders of Senior IndebtednessIndebtedness in accordance with this Article XII. All provisions of this Article XII shall be subject to Section 12.12.

Appears in 2 contracts

Samples: Indenture (MPLX Lp), Indenture (MPLX Lp)

Applicability of Article; Agreement to Subordinate. The provisions of this Article XII shall only be applicable to the Debt Securities of any series (Debt Securities of such series referred to in this Article XII XIV as "Subordinated Debt Securities") designated, pursuant to Section 2.033.01, as subordinated to Senior Indebtedness. Each Holder by accepting a Subordinated Debt Security agrees that the Indebtedness Debt evidenced by such Subordinated Debt Security is subordinated in right of payment, to the extent and in the manner provided in this Article XIIArticle, to the prior payment of all Senior Indebtedness and that the subordination is for the benefit of and enforceable by the holders of Senior Indebtedness. All provisions of this Article XII shall be subject to Section 12.1214.12.

Appears in 1 contract

Samples: Subordinated Indenture (DXP Enterprises Inc)

Applicability of Article; Agreement to Subordinate. The provisions of this Article XII shall only be applicable to the Debt Securities of any series (Debt Securities of such series being referred to in this Article XII as "Subordinated Debt Securities") designated, pursuant to Section 2.03, as subordinated to Senior Indebtedness. Each Holder by accepting a Subordinated Debt Security agrees that the Indebtedness Debt evidenced by such Subordinated Debt Security is subordinated in right of payment, to the extent and in the manner provided in this Article XII, to the prior payment of all Senior Indebtedness and that the subordination is for the benefit of and enforceable by the holders of Senior Indebtedness. All provisions of this Article XII shall be subject to Section 12.12.

Appears in 1 contract

Samples: Indenture (Spectra Energy Partners, LP)

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Applicability of Article; Agreement to Subordinate. The provisions of this Article XII X shall only be applicable to the Debt Securities of any series (Debt Securities of such series referred to in this Article XII X as "Subordinated Debt Securities") designated, pursuant to Section 2.032.01, as subordinated to Senior Indebtedness. Each Holder by accepting a Subordinated Debt Security agrees that the Indebtedness Debt evidenced by such Subordinated Debt Security is subordinated in right of payment, to the extent and in the manner provided in this Article XIIX, to the prior payment of all Senior Indebtedness and that the subordination is for the benefit of and enforceable by the holders of Senior Indebtedness. All provisions of this Article XII X shall be subject to Section 12.1210.12.

Appears in 1 contract

Samples: EQM Midstream Partners, LP

Applicability of Article; Agreement to Subordinate. The provisions of this Article XII XV shall be applicable to the Debt Securities of any series (Debt Securities of such series being referred to in this Article XII XV as "Subordinated Debt Securities") designated, except to the extent such provisions may be changed or added to pursuant to Section 2.03, as subordinated to Senior Indebtedness. Each Holder by accepting a Subordinated Debt Security agrees that the Indebtedness indebtedness evidenced by such Subordinated Debt Security is subordinated in right of payment, to the extent and in the manner provided in this Article XIIXV, to the prior payment of all Senior Indebtedness and that the subordination is for the benefit of and enforceable by the holders of Senior Indebtedness. All provisions of this Article XII XV shall be subject to Section 12.1215.12.

Appears in 1 contract

Samples: PVR Natural Gas Gathering LLC

Applicability of Article; Agreement to Subordinate. The -------------------------------------------------- provisions of this Article XII shall be applicable to the Debt Securities of any series (Debt Securities of such series being referred to in this Article XII XIII as "Subordinated Debt Securities") designated, except to the extent such provisions may be changed or added to pursuant to Section 2.03, as subordinated to Senior Indebtedness. Each Holder by accepting a Subordinated Debt Security agrees that the Indebtedness indebtedness evidenced by such Subordinated Debt Security is subordinated in right of payment, to the extent and in the manner provided in this Article XIIXIII, to the prior payment of all Senior Indebtedness and that the subordination is for the benefit of and enforceable by the holders of Senior Indebtedness. All provisions of this Article XII XIII shall be subject to Section 12.1213.12.

Appears in 1 contract

Samples: Plains All American Pipeline Lp

Applicability of Article; Agreement to Subordinate. The provisions of this Article XII shall be applicable to the Debt Securities of any series (Debt Securities of such series referred to in this Article XII as "Subordinated Debt Securities") designated, pursuant to Section 2.03, as subordinated to Senior Indebtedness. Each Holder by accepting a Subordinated Debt Security agrees that the Indebtedness indebtedness evidenced by such Subordinated Debt Security is subordinated in right of payment, to the extent and in the manner 88 81 provided in this Article XII, to the prior payment of all Senior Indebtedness and that the subordination is for the benefit of and enforceable by the holders of Senior Indebtedness. All provisions of this Article XII shall be subject to Section 12.12.

Appears in 1 contract

Samples: Eott Energy Canada Lp

Applicability of Article; Agreement to Subordinate. The provisions of this Article XII 12 shall be applicable to the Debt Securities of any series (Debt Securities of such series referred to in this Article XII 12 as "Subordinated Debt Securities") designated, pursuant to Section 2.03, as subordinated to Senior Indebtedness. Each Holder by accepting a Subordinated Debt Security agrees that the Indebtedness evidenced by such Subordinated Debt Security is subordinated in right of payment, to the extent and in the manner provided in this Article XII12, to the prior payment of all Senior Indebtedness and that the subordination is for the benefit of and enforceable by the holders of Senior Indebtedness. All provisions of this Article XII 12 shall be subject to Section 12.12.

Appears in 1 contract

Samples: Meridian Industrial Trust Inc

Applicability of Article; Agreement to Subordinate. The provisions of this Article XII shall be applicable to the Debt Securities of any series (Debt Securities of such series being referred to in this Article XII XIII as "Subordinated Debt Securities") designated, except to the extent such provisions may be changed or added to pursuant to Section 2.03, as subordinated to Senior Indebtedness. Each Holder by accepting a Subordinated Debt Security agrees that the Indebtedness indebtedness evidenced by such Subordinated Debt Security is subordinated in right of payment, to the extent and in the manner provided in this Article XIIXIII, to the prior payment of all Senior Indebtedness and that the subordination is for the benefit of and enforceable by the holders of Senior Indebtedness. All provisions of this Article XII XIII shall be subject to Section 12.1213.12.

Appears in 1 contract

Samples: PNG Finance Corp.

Applicability of Article; Agreement to Subordinate. The provisions of this Article XII shall be applicable to the Debt Securities of any series (Debt Securities of such series referred to in this Article XII as "Subordinated Debt Securities") designated, pursuant to Section 2.03, as subordinated to Senior Indebtedness. Each Holder by accepting a Subordinated Debt Security agrees that the Indebtedness evidenced by such Subordinated Debt Security is subordinated in right of payment, to the extent and in the manner provided in this Article XII, to the prior payment of all 101 Senior Indebtedness and that the subordination is for the benefit of and enforceable by the holders of Senior Indebtedness. All provisions of this Article XII shall be subject to Section 12.12.

Appears in 1 contract

Samples: H&r Block Inc

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