Company May Not Impair Subordination. No right of any holder of Senior Indebtedness of the Company to enforce the payment subordination of amounts owed to Holders shall be impaired by any act or failure to act by the Company or any Holder or by the failure of the Company or any Holder to comply with this Agreement.
Appears in 4 contracts
Samples: Tax Receivable Agreement (Vistra Corp.), Tax Receivable Agreement (Vistra Energy Corp), Tax Receivable Agreement (Vistra Energy Corp)
Company May Not Impair Subordination. No right of any present or future holder of any Senior Indebtedness of the Company to enforce the payment subordination of amounts owed to Holders herein shall at any time or in any way be prejudiced or impaired by any act or failure to act by on the Company or any Holder or by the failure part of the Company or by any Holder to comply noncompliance by the Company with the terms, provisions and covenants of this AgreementIndenture, regardless of any knowledge thereof any such holder may have or be otherwise charged with.
Appears in 2 contracts
Samples: Indenture (Navistar Financial Corp), Indenture (Navistar International Corp /De/New)
Company May Not Impair Subordination. No right of any holder of Senior Indebtedness of the Company Debt to enforce the payment subordination of amounts owed to Holders this Note shall be impaired by any act or failure to act by the Company or any the Holder or by the failure of the Company or any the Holder to comply with this Agreement.
Appears in 1 contract
Samples: Convertible Security Agreement (Intercloud Systems, Inc.)
