EFFECT OF SUBORDINATION PROVISIONS; TERMINATION. Notwithstanding anything contained herein to the contrary, other than as provided in the immediately succeeding sentence, all the provisions of this Indenture shall be subject to the provisions of this Article, so far as the same may be applicable thereto. Notwithstanding anything contained herein to the contrary, the provisions of this Article Fifteen shall be of no further effect, and the Securities shall no longer be subordinated in right of payment to the prior payment of Senior Indebtedness of the Company, if, and to the extent, the Company shall have delivered to the Trustee a notice to such effect. Any such notice delivered by the Company shall not be deemed to be a supplemental indenture for purposes of Article Twelve. ARTICLE SIXTEEN IMMUNITY OF INCORPORATORS, STOCKHOLDERS, OFFICERS AND DIRECTORS
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EFFECT OF SUBORDINATION PROVISIONS; TERMINATION. Notwithstanding anything contained herein to the contrary, other than as provided in the immediately succeeding sentence, all the provisions of this Indenture shall be subject to the provisions of this Article, so far as the same may be applicable thereto. Notwithstanding anything contained herein to the contrary, the provisions of this Article Fifteen Fourteen shall be of no further effecteffect with respect to all or a portion of Senior Indebtedness, and the Securities shall no longer be subordinated in right of payment to the prior payment of such Senior Indebtedness of the CompanyIndebtedness, if, and to the extent, extent that the Company shall have delivered to the Trustee a notice to such effecteffect specifying therein such Senior Indebtedness to which the Securities shall no longer be subordinated. Any such notice delivered by the Company shall not be deemed to be a supplemental indenture for purposes of Article Twelve. ARTICLE SIXTEEN IMMUNITY OF INCORPORATORS, STOCKHOLDERS, OFFICERS AND DIRECTORSTwelve hereof.
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Samples: Indenture (Washington Water Power Capital Iii), Washington Water Power Capital Iii
EFFECT OF SUBORDINATION PROVISIONS; TERMINATION. Notwithstanding anything contained herein to the contrary, other than as provided in the immediately succeeding sentence, all the provisions of this Indenture shall be subject to the provisions of this Article, so far as the same may be applicable thereto. Notwithstanding anything contained herein to the contrary, the provisions of this Article Fifteen Fourteen shall be of no further effecteffect with respect to all or a portion of Senior Indebtedness, and the Securities shall no longer be subordinated in right of payment to the prior payment of such Senior Indebtedness of the CompanyIndebtedness, if, and to the extent, extent that the Company shall have delivered to the Trustee a notice to such effecteffect specifying therein such Senior Indebtedness to which the Securities shall no longer be subordinated. Any such notice delivered by the Company shall not be deemed to be a supplemental indenture for purposes of Article TwelveTwelve hereof. ARTICLE SIXTEEN IMMUNITY OF INCORPORATORS, STOCKHOLDERS, OFFICERS AND DIRECTORS--------------------------------
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Samples: Washington Water Power Co