Common use of Designation as Senior Debt Clause in Contracts

Designation as Senior Debt. The Loan Parties shall designate all Obligations as the sole “Designated Senior Indebtedness” (or an equivalent term) under, and defined in, any Subordinated Debt Documents.

Appears in 8 contracts

Samples: Credit Agreement (AMC Networks Inc.), Credit Agreement (AMC Networks Inc.), Credit Agreement (AMC Networks Inc.)

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Designation as Senior Debt. The Loan Parties shall designate Designate all Obligations as the sole “Designated Senior Indebtedness” (or an equivalent term) under, and defined in, any Subordinated Debt Documentsdocument evidencing or governing subordinated Indebtedness of a Loan Party incurred after the Closing Date (excluding intercompany subordinated Indebtedness).

Appears in 5 contracts

Samples: Credit Agreement (Sylvamo Corp), Credit Agreement (Kbr, Inc.), Credit Agreement (Kbr, Inc.)

Designation as Senior Debt. The Loan Parties shall designate all Loans and other Obligations are hereby designated as the sole “Senior Debt” and “Designated Senior IndebtednessDebt,(as applicable, for all purposes under the indenture or an equivalent term) under, and defined in, other agreement governing any Subordinated Debt DocumentsDebt.

Appears in 3 contracts

Samples: Credit Agreement (AAC Holdings, Inc.), Incremental Loan Assumption Agreement (AAC Holdings, Inc.), Credit Agreement (AAC Holdings, Inc.)

Designation as Senior Debt. The Loan Parties shall designate Designate all Obligations as the sole “Designated Senior Indebtedness” (or an equivalent term) under, and defined in, any Subordinated Debt Documentsdocument evidencing or governing subordinated Indebtedness of a Loan Party incurred after the Signing Date (excluding intercompany subordinated Indebtedness).

Appears in 2 contracts

Samples: Credit Agreement (Sylvamo Corp), Credit Agreement (Sylvamo Corp)

Designation as Senior Debt. The Designate any Debt (other than the Debt under the Loan Parties shall designate all Obligations Documents) of Borrowers or any other Loan Party as the sole Designated Senior IndebtednessDebt” (or an equivalent termany similar term meaning such debt is on parity with the Debt under the Loan Agreements) under, and defined in, under or for purposes of any Subordinated Debt DocumentsDebt.

Appears in 2 contracts

Samples: Loan, Security and Guaranty Agreement (Transport America, Inc.), Loan, Security and Guaranty Agreement (Transport America, Inc.)

Designation as Senior Debt. The Each of the Loan Parties shall designate all cause the Obligations to be designated as the sole “Designated Senior Indebtedness” (or an equivalent term) under, and as defined in, any Subordinated Debt Documentsthe governing documents with respect to the 2027 Convertible Notes (as in effect from time to time).

Appears in 1 contract

Samples: Revolving Credit Facility (Invacare Corp)

Designation as Senior Debt. The Loan Parties shall designate Designate all Obligations as the sole “"Designated Senior Indebtedness" (or an equivalent any similar term) under, and defined in, any Subordinated Debt DocumentsIndebtedness of any Loan Party which contains such designations.

Appears in 1 contract

Samples: Credit Agreement (Leslie's, Inc.)

Designation as Senior Debt. The Loan Parties shall designate Designate all Obligations as the sole “Designated Senior Indebtedness” (or an equivalent similar term) under, and defined in, any Subordinated Debt DocumentsIndebtedness of any Loan Party.

Appears in 1 contract

Samples: Credit Agreement (Gentiva Health Services Inc)

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Designation as Senior Debt. The Each of the Loan Parties shall designate all cause the Obligations to be designated as the sole “"Designated Senior Indebtedness” (or an equivalent term) " under, and as defined in, any Subordinated Debt Documentsthe governing documents with respect to the 2027 Convertible Notes (as in effect from time to time).

Appears in 1 contract

Samples: Revolving Credit Facility (Invacare Corp)

Designation as Senior Debt. The Loan Parties shall designate Designate all Obligations as the sole “Designated Senior Indebtedness” (or an equivalent any similar term) under, and defined in, any Subordinated Debt Documents.Indebtedness of any Loan Party which contains such designations. ​

Appears in 1 contract

Samples: Credit Agreement (Container Store Group, Inc.)

Designation as Senior Debt. The Loan Parties Each Borrower and Sole Member shall designate all Obligations as the sole “Designated Senior Indebtedness” (or an equivalent term) such other applicable designation under, and defined in, any Subordinated Debt Documentsdocumentation in respect of any subordinated Indebtedness of such Loan Parties.

Appears in 1 contract

Samples: Credit Agreement (CBL & Associates Properties Inc)

Designation as Senior Debt. The Loan Parties shall designate Designate all Obligations as the sole “Designated Senior Indebtedness” (or an equivalent term) under, and defined in, under any Subordinated Debt Documentssubordinated Indebtedness of any Loan Party.

Appears in 1 contract

Samples: Credit Agreement (Global Geophysical Services Inc)

Designation as Senior Debt. The Loan Parties shall designate Designate all Obligations as the sole “"Designated Senior Indebtedness” (or an equivalent term) " under, and defined in, any Subordinated Debt Documentsdocument evidencing or governing subordinated Indebtedness of a Loan Party incurred after the Closing Date (excluding intercompany subordinated Indebtedness).

Appears in 1 contract

Samples: Credit Agreement (Kbr, Inc.)

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