Demand for Payment. If a demand for payment is made on a Subsidiary Guarantor pursuant to Article X, such Subsidiary Guarantor may not pay its Subsidiary Guaranty, and neither the Trustee nor any Securityholder may retain any such payment, until ten Business Days after the holders of Designated Senior Debt (or their authorized representative) receive notice of such demand and, thereafter, may pay its Subsidiary Guaranty only if this Indenture otherwise permits payment at that time.
Appears in 6 contracts
Samples: Indenture (Alamosa Delaware Inc), Indenture (Alamosa Holdings LLC), Indenture (Alamosa Delaware Inc)
Demand for Payment. If a demand for payment is made on a Subsidiary Guarantor pursuant to Article X10, such Subsidiary Guarantor may not pay its Subsidiary Guaranty, and neither the Trustee nor any Securityholder may retain any such payment, Guaranty until ten three Business Days after the holders Representatives of all issues of Designated Senior Debt (or their authorized representative) receive notice of such demand and, thereafter, may pay its Subsidiary Guaranty only if this Indenture otherwise permits payment at that time.
Appears in 3 contracts
Samples: Indenture (Tousa Delaware Inc), Senior Subordinated Indenture (TOUSA Investment #1, Inc.), Subordinated Indenture (TOUSA Investment #1, Inc.)
Demand for Payment. If a demand for payment is made on a Subsidiary Guarantor pursuant to Article XXIV, such Subsidiary Guarantor may not pay its Subsidiary Guaranty, and neither the Trustee nor any Securityholder may retain any such payment, Guaranty until ten three Business Days after the holders Representatives of Designated all issues of Senior Debt (or their authorized representative) Indebtedness of such Subsidiary Guarantor receive notice of such demand acceleration and, thereafter, may pay its Subsidiary Guaranty only if this the Indenture otherwise permits payment at that time.
Appears in 2 contracts
Samples: First Supplemental Indenture (Swift Energy Co), First Supplemental Indenture (Swift Energy Co)
Demand for Payment. If a demand for payment is made on a Subsidiary Guarantor pursuant to Article X10, such Subsidiary Guarantor may not pay its Subsidiary Guaranty, and neither the Trustee nor any Securityholder may retain any such payment, Guaranty until ten three Business Days after the holders Representatives of all issues of Designated Senior Debt (or their authorized representative) receive notice of such demand acceleration and, thereafter, may pay its Subsidiary Guaranty only if this Indenture otherwise permits payment at that time.
Appears in 2 contracts
Samples: Indenture (Greif Brothers Corp), Indenture (Technical Olympic Usa Inc)
Demand for Payment. If a demand for payment is made on a Subsidiary Guarantor pursuant to Article XFourteen, such Subsidiary Guarantor may not pay its Subsidiary Guaranty, and neither the Trustee nor any Securityholder Holder may retain any such payment, until ten Business Days after the holders of Designated Senior Debt (or their authorized representative) receive notice of such demand and, thereafter, may pay its Subsidiary Guaranty only if this Indenture otherwise permits payment at that time.
Appears in 2 contracts
Samples: Indenture (General Media Inc), Indenture (Globix Corp)
Demand for Payment. If a demand for payment is made on a Subsidiary Guarantor pursuant to Article XXI, such Subsidiary Guarantor may not pay its Subsidiary Guaranty, and neither the Trustee nor any Securityholder may retain any such payment, Guaranty until ten three Business Days after the holders Representatives of all issues of Designated Senior Debt (or their authorized representative) receive notice of such demand acceleration and, thereafter, may pay its Subsidiary Guaranty only if this Indenture otherwise permits payment at that time.,
Appears in 1 contract
Samples: Indenture (Tv Guide Inc)
