Common use of Default on Designated Senior Debt Clause in Contracts

Default on Designated Senior Debt. The Company and the Guarantors may not make any payment (whether by redemption, purchase, retirements, defeasance or otherwise) upon or in respect of the Notes and the related Note Guarantees (other than (A) Permitted Junior Securities or (B) payments and other distributions made from any defeasance trust created pursuant to Sections 8.04 and 8.05 hereof if the applicable deposit did not violate Article 8 or 13 of this Indenture) until all principal and other Obligations with respect to the Designated Senior Debt of the Company and the Guarantors have been paid in full if:

Default on Designated Senior Debt. The Company and the Guarantors may not make any payment (whether by redemption, purchase, retirements, defeasance or otherwise) upon or in respect of the Notes and the related Note Guarantees Securities (other than (A) Permitted Junior payment of Equity Interests and securities that are subordinated at least to the same extent as the Securities or (B) are subordinated to Senior Debt and payments and other distributions made from any defeasance trust created pursuant to Sections 8.04 and 8.05 Section 8.1 hereof if the applicable deposit did does not violate Article 8 or 13 10 of this Indenture) ), until all principal and other Obligations with respect to the Designated Senior Debt of the Company and the Guarantors have been paid in full if:

Default on Designated Senior Debt. (a) The Company and the Guarantors may not make any payment (whether by redemption, purchase, retirements, defeasance or otherwise) upon or in respect of the Notes and the related Note Guarantees (other than (A) Permitted Junior Securities or (B) payments and other distributions made from any defeasance trust created pursuant to Sections 8.04 and 8.05 hereof if the applicable deposit did not violate Article 8 or 13 of this Indenture) until all principal and other Obligations with respect to the Designated Senior Debt of the Company and the Guarantors have been paid in full if:

Default on Designated Senior Debt. The Company and the Guarantors may not make any payment (whether by redemption, purchase, retirements, defeasance or otherwise) upon or in respect of the Notes Securities and the related Note Guarantees (other than (A) Permitted Junior Securities or (B) payments and other distributions made from any defeasance trust created pursuant to Sections 8.04 and 8.05 Section [8.01] hereof if the applicable deposit did not violate Article 8 [8] or 13 11 of this Indenture) until all principal and other Obligations with respect to the Designated Senior Debt of the Company and the Guarantors have been paid in full if: