Common use of Designated Senior Debt Clause in Contracts

Designated Senior Debt. Parent and each Borrower hereby irrevocably designate the Obligations and this Agreement as "Designated Senior Indebtedness" and "Senior Indebtedness" within the meanings given to those terms in Section 1.1 of the Supplemental Indenture dated December 9, 1998 entered into with respect to the Existing Subordinated Debt among the Company, Parent and IBJ Xxxxxxxxx Bank & Trust Company.

Appears in 4 contracts

Samples: Loan Agreement (Harrahs Entertainment Inc), 364 Day Loan Agreement (Harrahs Entertainment Inc), 364 Day Loan Agreement (Harrahs Entertainment Inc)

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Designated Senior Debt. Parent and each Borrower hereby irrevocably designate the Obligations and this Agreement as "Designated Senior Indebtedness" and "Senior Indebtedness" within the meanings given to those terms in Section 1.1 of the Supplemental Indenture dated December 9, 1998 entered into with respect to the Existing Subordinated Debt among the Company, Parent and IBJ Xxxxxxxxx Bank & Trust Company, this Section constituting a certificate of Parent and the Company issued to the Administrative Agent and the Lenders to that effect.

Appears in 2 contracts

Samples: Additional Credit Agreement (Harrahs Entertainment Inc), Credit Agreement (Harrahs Entertainment Inc)

Designated Senior Debt. Parent and each Borrower hereby irrevocably designate the Obligations and this Agreement as "Designated Senior Indebtedness" and "Senior Indebtedness" within the meanings given to those terms in Section 1.1 of the Supplemental Indenture dated December 9, 1998 entered into with respect to the Existing Subordinated Debt among the Company, Parent and IBJ Xxxxxxxxx Bank & Trust CompanyCompany and any replacement, amendment or modification of such Existing Subordinated Debt.

Appears in 1 contract

Samples: Credit Agreement (Harrahs Entertainment Inc)

Designated Senior Debt. The Parent and each the Borrower hereby irrevocably designate the Obligations and this Agreement as "Designated Senior Indebtedness" and "Senior Indebtedness" within the meanings given to those terms in Section 1.1 of the Supplemental Indenture dated December 9, 1998 entered into with respect to the Existing Subordinated Debt among the CompanyBorrower, Parent and IBJ Xxxxxxxxx Bank & Trust Company.

Appears in 1 contract

Samples: 364 Day Credit Agreement (Harrahs Entertainment Inc)

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Designated Senior Debt. Parent and each Borrower hereby irrevocably designate the Obligations and this Agreement as "Designated Senior Indebtedness" and "Senior Indebtedness" within the meanings given to those terms in Section 1.1 of the Supplemental Indenture dated December 9, 1998 entered into with respect to the Existing Subordinated Debt among the Company, Parent and IBJ Xxxxxxxxx Bank & Trust Company, this Section constituting a certificate of Parent and the Borrower issued to the Administrative Agent and the Lenders to that effect.

Appears in 1 contract

Samples: Credit Agreement (Harrahs Entertainment Inc)

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