Common use of Designated Senior Debt Clause in Contracts

Designated Senior Debt. The Borrower shall not designate any ---------------------- Indebtedness as Designated Senior Debt (as defined in the indenture governing Permitted Subordinated Debt).

Appears in 2 contracts

Samples: Credit Agreement (MJD Communications Inc), Credit Agreement (MJD Communications Inc)

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Designated Senior Debt. The Borrower shall not designate any ---------------------- Indebtedness (other than indebtedness under the Loan Documents) as "Designated Senior Debt (Debt" for purposes of and as defined in the indenture governing Permitted Senior Subordinated Debt)Note Documents.

Appears in 2 contracts

Samples: Credit Agreement (Huntsman Packaging Corp), Credit Agreement (Huntsman Packaging Corp)

Designated Senior Debt. The Borrower shall not designate any ---------------------- Indebtedness (other than the Obligations) as Designated Senior Indebtedness” or “Senior Lender Indebtedness” or like term for purposes of any Subordinated Debt (as defined in the indenture governing Permitted Subordinated Debt)Document.

Appears in 2 contracts

Samples: Credit Agreement (Otelco Inc.), Credit Agreement (Otelco Telecommunications LLC)

Designated Senior Debt. The Borrower shall not designate any ---------------------- Indebtedness (other than the Obligations) as "Designated Senior Indebtedness" or "Senior Lender Indebtedness" or like term for purposes of any Subordinated Debt (as defined in the indenture governing Permitted Subordinated Debt)Document.

Appears in 2 contracts

Samples: Credit Agreement (Otelco Inc.), Credit Agreement (Otelco Inc.)

Designated Senior Debt. The Borrower shall not designate any ---------------------- Indebtedness (other than Indebtedness under the Loan Documents) as "Designated Senior Debt (Debt" for purposes of and as defined in the indenture governing Permitted Senior Subordinated Debt)Note Documents.

Appears in 1 contract

Samples: Credit Agreement (Huntsman Packaging Corp)

Designated Senior Debt. The Borrower shall not designate any ---------------------- Indebtedness (other than indebtedness under the Loan Documents) as "Designated Senior Debt (Debt" for purposes of and as defined in the indenture governing Permitted New Senior Subordinated Debt).Note Documents. 129

Appears in 1 contract

Samples: Credit Agreement (Huntsman Packaging of Canada LLC)

Designated Senior Debt. The Borrower shall not designate any ---------------------- Indebtedness (other than the Obligations) as Designated Senior Debt” or “Designated Guarantor Senior Debt” for purposes of, on and after the execution, delivery and/or incurrence thereof, any agreements or instruments relating to any Permitted Unsecured Debt (as defined or any Permitted Refinancing Indebtedness in the indenture governing Permitted Subordinated Debt)respect thereof.

Appears in 1 contract

Samples: Credit Agreement (Fairpoint Communications Inc)

Designated Senior Debt. The Borrower shall not designate any ---------------------- Indebtedness as "Designated Senior Debt Debt" or "Designated Senior Indebtedness" (as defined in the indenture governing Senior Subordinated Notes Indenture or, on and after the execution and delivery thereof, any agreement relating to any Permitted Subordinated Debt)Indebtedness or Permitted Subordinated Refinancing Indebtedness, as applicable) other than the Obligations and the obligations of the Credit Parties under the other Credit Documents.

Appears in 1 contract

Samples: Credit Agreement (Alliance Imaging Inc /De/)

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Designated Senior Debt. The Borrower shall not designate any ---------------------- Indebtedness (other than the Obligations) as "Designated Senior Debt Debt" (as defined in the indenture governing Senior Subordinated Notes Indenture and, on and after the execution and delivery thereof, any agreement relating to Permitted Subordinated DebtIndebtedness and Permitted Subordinated Refinancing Indebtedness).

Appears in 1 contract

Samples: Credit Agreement (Pacer Express Inc)

Designated Senior Debt. The Borrower shall not designate any ---------------------- Indebtedness other than the Obligations as "Designated Senior Debt (as defined Debt" in connection with the indenture governing Permitted Senior Subordinated Debt)Notes.

Appears in 1 contract

Samples: Credit Agreement (Uk Abba Products Inc)

Designated Senior Debt. The Borrower shall not designate any ---------------------- Indebtedness (other than the Obligations) as “Senior Indebtedness”, “Designated Senior Indebtedness” or “Senior Lender Indebtedness” or like term for purposes of any Subordinated Debt (as defined in the indenture governing Permitted Subordinated Debt)Document.

Appears in 1 contract

Samples: Credit Agreement (Brindlee Mountain Telephone Co)

Designated Senior Debt. The Borrower shall not designate any ---------------------- Indebtedness (other than the Obligations) as Designated Senior Debt (as defined in the indenture governing Permitted Subordinated Debt)Indebtedness” or “Senior Lender Indebtedness” or like term.

Appears in 1 contract

Samples: Credit Agreement (Otelco Inc.)

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