Classification of Senior Indebtedness. The Obligations constitute “Senior Debt”, “Senior Indebtedness”, “Designated Senior Indebtedness” or any similar designation under and as defined in any agreement governing any Subordinated Debt and the subordination provisions set forth in each such agreement are legally valid and enforceable against the parties thereto.
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Samples: Abl Loan and Security Agreement (U.S. Silica Holdings, Inc.), Loan and Security Agreement (Newark Group, Inc), Loan and Security Agreement (Newark Group, Inc)
Classification of Senior Indebtedness. The Borrowers’ Obligations constitute “Senior Debt”, “Senior Indebtedness”, “Designated Senior Indebtedness” or any similar designation under and as defined in any agreement governing any Subordinated Debt and the subordination provisions set forth in each such agreement are legally valid and enforceable against the parties thereto.
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Samples: Credit Agreement (Si International Inc), Credit Agreement (Si International Inc)
Classification of Senior Indebtedness. The Secured Obligations constitute “Senior Debt”, “"Senior Indebtedness”", “"Designated Senior Indebtedness” " or any similar designation under and as defined in any agreement governing any Subordinated Debt Indebtedness and the subordination provisions set forth in each such agreement are legally valid and enforceable against the parties thereto.
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Classification of Senior Indebtedness. The Obligations under this Agreement constitute “Senior Debt”, “Senior Indebtedness”, “Designated Senior Indebtedness” or any similar designation under and as defined in any agreement governing any Subordinated Debt Obligation (including, without limitation, the Existing Subordinated Debentures) and the subordination provisions set forth in each such agreement are legally valid and enforceable against the parties thereto.
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Samples: Subordinated Delayed Draw Credit Agreement (Gencorp Inc)
Classification of Senior Indebtedness. The Secured Obligations constitute “Senior Debt”, “Senior Indebtedness”, “Designated Senior Indebtedness” or any similar designation under and as defined in any agreement governing any Subordinated Debt other Indebtedness and the all subordination provisions set forth in each any such agreement (if any) are legally valid and enforceable against the parties thereto.
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