Default on Designated Senior Debt. The Company may not make any payment or distribution to the Trustee or any Holder in respect of Obligations with respect to the Notes and may not acquire from the Trustee or any Holder any Notes for cash or property (other than (i) Permitted Junior Securities and (ii) payments and other distributions made from any defeasance trust created pursuant to Section 8.01 hereof) until all principal and other Obligations with respect to the Senior Debt have been paid in full if:
Appears in 8 contracts
Samples: Indenture (SFX Entertainment Inc), Indenture (SFX Broadcasting Inc), Indenture (Prime Medical Services Inc /Tx/)
Default on Designated Senior Debt. The Company may not make any payment or distribution to the Trustee or any Holder in respect of Obligations with respect to the Notes and may not acquire from the Trustee or any Holder any Notes for cash or property (other than (ia) Permitted Junior Securities and (iib) payments and other distributions made from any defeasance trust created pursuant to Section 8.01 Article 8 hereof) until all principal and other Obligations with respect to the Senior Debt have been paid in full if:
Appears in 3 contracts
Samples: Scotts Company, Clean Towel Service Inc, Scotts Company
Default on Designated Senior Debt. The Company may not make any payment or distribution to the Trustee or any Holder in respect of Obligations with respect to the Notes and may not acquire from the Trustee or any Holder any Notes for cash or property (other than (i) Permitted Junior Securities and (ii) payments and other distributions made from any defeasance trust created pursuant to Section 8.01 8.04 hereof) until all principal and other Obligations with respect to the Senior Debt have been paid in full if:
Appears in 3 contracts
Samples: Supplemental Indenture (Bulls Eye Marketing Inc /Ca/), Indenture (Silverleaf Resorts Inc), Silverleaf Resorts Inc
Default on Designated Senior Debt. (a) The Company may not make any payment or distribution to the Trustee or any Holder in respect of Obligations with respect to the Notes and may not acquire from the Trustee or any Holder any Notes for cash or property (other than (i) Permitted Junior Securities and (ii) payments and other distributions made from any defeasance trust created pursuant to Section 8.01 hereof) until all principal and other Obligations with respect to the Senior Debt have been paid in full if:
Appears in 3 contracts
Samples: Indenture (Atwood Mobile Products Inc), Execution Copy (Mark I Molded Plastics of Tennessee Inc), Indenture (Mark I Molded Plastics of Tennessee Inc)
Default on Designated Senior Debt. The Company may not make (and the Guarantors may not make) any payment or distribution to the Trustee or any Holder in respect of Obligations with respect to the Notes and may not acquire from the Trustee or any Holder any Notes for cash or property (other than (i) Permitted Junior Securities and (ii) payments and other distributions made from any defeasance trust created pursuant to Section 8.01 hereof) until all principal and other Obligations with respect to the Senior Debt have been paid in full in cash or Cash Equivalents if:
Appears in 3 contracts
Samples: Indenture (Spanish Broadcasting System Inc), Spanish Broadcasting System of Puerto Rico Inc /Pr/, Spanish Broadcasting System Inc
Default on Designated Senior Debt. The Company may not make any payment or distribution to the Trustee or any Holder in respect of Obligations with respect to the Notes and may not acquire from the Trustee or any Holder any Notes for cash or property (other than (i) Permitted Junior Securities and (ii) payments and other distributions made from any defeasance trust created pursuant to Section 8.01 hereof) until all principal and other Obligations with respect to the Senior Debt Indebtedness have been paid in full if:
Appears in 3 contracts
Samples: Credit Agreement (Vestar Sheridan Inc), Pillowtex Corp, Tennessee Woolen Mills Inc
Default on Designated Senior Debt. The Company may not make any payment or distribution to the Trustee or any Holder in respect of Obligations with respect to the Notes and may not acquire from the Trustee or any Holder any Notes for cash or property (other than (i) Permitted Junior Securities and (ii) payments and other distributions made from any defeasance trust created pursuant to Section 8.01 hereof) until all principal and other Obligations with respect to the Senior Debt have has been paid in full if:
Appears in 2 contracts
Samples: Amcraft Building Products Co Inc, Amcraft Building Products Co Inc
Default on Designated Senior Debt. The Company may not make any payment or distribution to the Trustee or any Holder in respect of Obligations with respect to the Notes and may not acquire from the Trustee or any Holder any Notes for cash or property (other than (i) Permitted Junior Securities and (ii) payments and other distributions made from any defeasance trust created pursuant to Section 8.01 hereof) until all principal and other Obligations with respect to the Senior Debt have been paid in full in cash and Cash Equivalents if:
Appears in 2 contracts
Samples: Indenture (RWBV Acquisition Corp), Indenture (B&g Foods Inc)
Default on Designated Senior Debt. The Company and the Guarantors may not make any payment or distribution to the Trustee or any Holder in respect of Obligations with respect to the Notes and may not acquire from the Trustee or any Holder any Notes for cash or property (other than (i) Permitted Junior Securities and (ii) payments and other distributions made from any defeasance trust created pursuant to Section 8.01 hereof) until all principal and other Obligations with respect to the Senior Debt have been paid in full if:
Appears in 2 contracts
Samples: Indenture (Mail Well Inc), Northland Cable Television Inc
Default on Designated Senior Debt. The Company may not make any payment or distribution to the Trustee or any Holder in respect of Obligations with respect to the Notes and may not acquire from the Trustee or any Holder any Notes for cash or property (other than (i) Permitted Junior Securities and (ii) payments and other distributions made from any defeasance trust created pursuant to Section 8.01 hereof) until all principal and other Obligations with respect to the Senior Debt have been paid in full if:
Appears in 1 contract
Samples: Uk Abba Products Inc
Default on Designated Senior Debt. The Company may not make any payment or distribution to the Trustee or any Holder in respect of Obligations with respect to the Notes and may not acquire from the Trustee or any Holder any Notes for cash or property (other than (i) Permitted Junior Securities and (ii) payments and other distributions made from any defeasance trust created pursuant to Section 8.01 hereof) until all principal and other Obligations with respect to the Designated Senior Debt have been paid in full if:
Appears in 1 contract
Samples: Indenture (Newcor Inc)
Default on Designated Senior Debt. (a) The Company may not make any payment or distribution to the Trustee or any Holder in respect of Obligations with respect to the Notes and may not acquire from the Trustee or any Holder any Notes for cash or property assets or otherwise (other than (i) than, in either case, Permitted Junior Securities and (ii) payments and other distributions made from any defeasance trust created pursuant to Section 8.01 hereofSecurities) until all principal and other Obligations with respect to the Senior Debt have been paid in full if:
Appears in 1 contract
Samples: Transmontaigne Inc
Default on Designated Senior Debt. (a) The Company may not make any payment or distribution to the Trustee or any Holder in respect of Obligations with respect to the Notes and may not acquire from the Trustee or any Holder any Notes for cash or property (other than (i) Permitted Junior Securities and (ii) payments and other distributions made from any defeasance trust created pursuant to Section 8.01 hereof) until all principal and other Obligations with respect to the Senior Debt have has been paid in full if:
Appears in 1 contract
Default on Designated Senior Debt. The Company may also shall not make any payment upon or distribution to the Trustee or any Holder in respect of Obligations the Notes (except in Permitted Junior Securities or from the trust described under Sections 8.02 and 8.03) if (i) a default in the payment of the principal of, premium, if any, or interest on Designated Senior Debt occurs and is continuing or (ii) any other default occurs and is continuing with respect to the Notes and may not acquire from the Trustee or any Holder any Notes for cash or property (other than (i) Permitted Junior Securities and (ii) payments and other distributions made from any defeasance trust created pursuant to Section 8.01 hereof) until all principal and other Obligations with respect to the Designated Senior Debt have been paid in full if:that permits holders of the
Appears in 1 contract
Samples: Indenture (Albecca Inc)
Default on Designated Senior Debt. The Company may not make any payment or distribution to the Trustee or any Holder upon or in respect of Obligations with respect to the Notes and may not acquire from the Trustee or any Holder any Notes for cash cash, securities or other property (other than securities that are subordinated to at least the same extent as the Notes to (ia) Permitted Junior Securities Senior Debt and (iib) payments and other distributions made from any defeasance trust created pursuant to Section 8.01 hereof) securities issued in exchange for Senior Debt), until all principal and other Obligations with respect to the Senior Debt have been paid in full full, if:
Appears in 1 contract
Samples: Indenture (Apparel Retailers Inc)
Default on Designated Senior Debt. (a) The Company may not make any payment or distribution to the Trustee or any Holder in respect of Obligations with respect to the Notes and may not acquire from the Trustee or any Holder any Notes for cash or property (other than (iA) Permitted Junior Securities and (iiB) payments and other distributions made from any defeasance trust created pursuant to Section 8.01 hereof) until all principal and other Obligations with respect to the Senior Debt have been paid in full in cash or Cash Equivalents if:
Appears in 1 contract
Samples: Macdermid Inc
Default on Designated Senior Debt. The Company may not make any payment or distribution to the Trustee or any Holder in respect of Obligations with respect to the Notes and may not acquire from the Trustee or any Holder any Notes for cash or property (other than (i) Permitted Junior Securities Securities, and (ii) payments and other distributions made from any defeasance trust created pursuant to Section 8.01 hereof) until all principal and other Obligations with respect to the Senior Debt have been paid in full if:
Appears in 1 contract
Samples: Hydrochem International Inc
Default on Designated Senior Debt. The Company may not make any payment or distribution to the Trustee or any Holder in respect of Obligations with respect to the Notes and may not acquire from the Trustee or any Holder any Notes for cash or property (other than (i) Permitted Junior Securities and (ii) payments and other distributions made from any defeasance trust created pursuant to Section 8.01 hereof) until all principal and other Obligations with respect to the Senior Debt have been paid in full if:
Appears in 1 contract
Samples: Indenture (Wavetek U S Inc)
Default on Designated Senior Debt. The Company may not make any payment or distribution to the Trustee or any Holder in respect of Obligations with respect to the Notes and may not acquire from the Trustee or any Holder any Notes for cash or property (other than (i) Permitted Junior Securities and (ii) payments and other distributions made from any defeasance trust created pursuant to Section 8.01 8.1 hereof) until all principal and other Obligations with respect to the Senior Debt have been paid in full if:
Appears in 1 contract
Default on Designated Senior Debt. The Company may not make any payment or distribution to the Trustee or any Holder of Notes or in respect of Obligations with respect to the Notes and may not acquire from the Trustee or any Holder any Notes securities for cash or property (other than (i) Permitted Junior Securities and (ii) payments and other distributions made from any defeasance trust created pursuant to Section 8.01 hereofProceeds) until all principal and other Obligations with respect to the Senior Debt have been paid in full if:
Appears in 1 contract