Common use of Designation as Senior Indebtedness Clause in Contracts

Designation as Senior Indebtedness. The Company hereby confirms the designation of the Securities as "Senior Indebtedness" for the purposes of any securities of the Company that may be issued pursuant to the Subordinated Indenture.

Appears in 2 contracts

Samples: Indenture (Cendant Corp), Cendant Corp

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Designation as Senior Indebtedness. The Company hereby confirms the designation of the Securities as "Senior Indebtedness" for the purposes of any outstanding securities of the Company which expressly provide that may be issued pursuant such securities are subordinated to "Senior Indebtedness" of the Subordinated IndentureCompany.

Appears in 1 contract

Samples: Indenture (International Specialty Products Inc /New/)

Designation as Senior Indebtedness. The Company hereby confirms the designation of the Securities as "Senior Indebtedness" for the purposes of any securities of the Company that may be issued pursuant to the Subordinated Indenture.. 37

Appears in 1 contract

Samples: Cendant Corp

Designation as Senior Indebtedness. The Company hereby confirms the designation of the Securities as "Senior Indebtedness" for the purposes of (i) any securities of the Company that may be issued pursuant to the Subordinated IndentureIndenture or (ii) any other outstanding securities of the Company which expressly provide that such securities are subordinated to "Senior Indebtedness" of the Company.

Appears in 1 contract

Samples: Indenture (Protection One Alarm Monitoring Inc)

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Designation as Senior Indebtedness. The Company hereby confirms the designation of the Securities as "Senior Indebtedness" for the purposes of with respect to any subordinated debt securities of to be issued under and pursuant to an indenture to be entered into by the Company that may be issued pursuant to and a bank or trust company as trustee, within the Subordinated Indenturemeaning of, and as defined in, such indenture.

Appears in 1 contract

Samples: Indenture (Borg Warner Automotive Inc)

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