Common use of Designation of Senior Indebtedness Clause in Contracts

Designation of Senior Indebtedness. The Indebtedness of the Borrower under this Agreement shall constitute “Designated Senior Indebtedness” pursuant to, for all purposes of, and under and as defined in, the Existing Notes Indenture.

Appears in 3 contracts

Samples: Credit Agreement (Nbty Inc), Credit Agreement (Nbty Inc), Credit Agreement (Nbty Inc)

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Designation of Senior Indebtedness. The Indebtedness of Borrowers shall, and ---------------------------------- hereby does, designate the Borrower under this Agreement shall constitute “Obligations as "Designated Senior Indebtedness” pursuant to" of the Borrowers, for all purposes of, and under as defined in and as defined inprovided for in the Indenture. As Designated Senior Indebtedness, the Existing Notes Obligations shall be senior in right of payment to the indebtedness evidenced by the Senior Subordinated Notes, as set forth in Article 10 of the Indenture.

Appears in 1 contract

Samples: Credit Agreement (Wiser Oil Co)

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