Common use of Effect on Senior Indebtedness Clause in Contracts

Effect on Senior Indebtedness. No supplemental indenture shall directly or indirectly modify or eliminate the provisions of ARTICLE 13 in any manner which might terminate or impair the subordination of the Securities of any series to Senior Indebtedness with respect to such series without the prior written consent of the holders of such Senior Indebtedness.

Appears in 2 contracts

Sources: Subordinated Indenture (Aspen Insurance Holdings LTD), Subordinated Indenture (MRH Capital Trust I)

Effect on Senior Indebtedness. No supplemental indenture shall directly or indirectly modify or eliminate the provisions of ARTICLE 13 Article 16 in any manner manner, which might terminate or impair the subordination of the Securities Notes of any series to any Senior Indebtedness with respect to such series Indebtedness, or adversely affect the rights of any holder of Senior Indebtedness, without the prior written consent of the holders of such Senior Indebtedness.

Appears in 1 contract

Sources: Subordinated Indenture (Cit Group Inc)

Effect on Senior Indebtedness. No supplemental indenture entered into under this Article Nine shall modify, directly or indirectly modify or eliminate indirectly, the provisions of ARTICLE 13 Article Fifteen or the definition of Senior Indebtedness in Section 101 in any manner which that might terminate alter or impair the subordination of the Securities of any series to Senior Indebtedness with respect to such series without the prior written consent of the holders Senior Indebtedness then outstanding unless each holder of such Senior IndebtednessIndebtedness has consented thereto in writing.

Appears in 1 contract

Sources: Subordinated Indenture (Onb Capital Trust Vi)

Effect on Senior Indebtedness. No supplemental indenture shall directly or indirectly modify or eliminate the provisions of ARTICLE 13 Article X in any manner which might terminate or impair the subordination of the Securities of any series to Senior Indebtedness with respect to such series without the prior written consent of the holders of such Senior Indebtedness.

Appears in 1 contract

Sources: Indenture (Cowen Group, Inc.)

Effect on Senior Indebtedness. No supplemental indenture shall directly or indirectly modify or eliminate the provisions of ARTICLE 13 Article XIV in any manner which might terminate or impair the subordination of the Securities of any series to Senior Indebtedness with respect to such series without the prior written consent of the holders of such Senior Indebtedness.

Appears in 1 contract

Sources: Subordinated Indenture (Buckeye Partners, L.P.)

Effect on Senior Indebtedness. No supplemental indenture shall directly or indirectly modify or eliminate the provisions of ARTICLE 13 Article Thirteen in any manner which might terminate or impair the rights and benefits of subordination of the Securities of any series provided to Senior Indebtedness with respect to such series without the prior written consent of the holders of such Senior Indebtedness.Indebtedness pursuant to Article Thirteen. ARTICLE TEN

Appears in 1 contract

Sources: Indenture (Commercial Federal Corp)

Effect on Senior Indebtedness. No supplemental indenture shall directly or indirectly modify or eliminate the provisions of ARTICLE 13 Article Thirteen in any manner which might terminate or impair the rights and benefits of subordination of the Securities of any series provided to Senior Indebtedness with respect to such series without the prior written consent of the holders of such Senior IndebtednessIndebtedness pursuant to Article Thirteen.

Appears in 1 contract

Sources: Indenture (Commercial Federal Corp)

Effect on Senior Indebtedness. No supplemental indenture shall directly or indirectly modify or eliminate the provisions of ARTICLE 13 in any manner which might terminate or impair the subordination of the Securities of any series to Company Senior Indebtedness with respect to such series without the prior written consent of the holders of such Company Senior Indebtedness.

Appears in 1 contract

Sources: Junior Subordinated Indenture (Endurance Specialty Holdings LTD)

Effect on Senior Indebtedness. No supplemental indenture shall directly or indirectly modify or eliminate the provisions of ARTICLE 13 Article XIII in any manner which might terminate or impair the subordination of the Securities of any series to Company Senior Indebtedness with respect to such series without the prior written consent of the holders of such Company Senior Indebtedness.

Appears in 1 contract

Sources: Junior Subordinated Indenture (Quanta Capital Holdings LTD)

Effect on Senior Indebtedness. No supplemental indenture shall directly or indirectly modify or eliminate the provisions of ARTICLE Article 13 in any manner which might terminate or impair the subordination of the Securities of any series to Senior Indebtedness with respect to such series without the prior written consent of the holders of such Senior Indebtedness.

Appears in 1 contract

Sources: Indenture (Ambac Financial Group Inc)