Common use of EXECUTION OF SUBORDINATION AGREEMENTS Clause in Contracts

EXECUTION OF SUBORDINATION AGREEMENTS. In the event that the Trustee receives an Officers' Certificate (i) to the effect that the Company or a Restricted Subsidiary proposes to issue Debt subordinated in right of payment to the Securities or the senior indebtedness of such Restricted Subsidiary, as the case may be, and that the issuance of such new subordinated Debt is in compliance with the terms of this Indenture and (ii) requesting that the Trustee execute a subordination agreement (or instrument of like effect) with the holders of such subordinated Debt or their representative, then, upon Company Order, the Trustee shall, without the consent of any Holder, execute such subordination agreement (or instrument of like effect). ARTICLE TEN COVENANTS

Appears in 4 contracts

Samples: Pledge Agreement (Rogers Communications Inc), Pledge Agreement (Rogers Cable Inc), Indenture (Rogers Cable Inc)

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EXECUTION OF SUBORDINATION AGREEMENTS. In the event that the Trustee receives an Officers' ’ Certificate (i) to the effect that the Company or a Restricted Subsidiary proposes to issue Debt subordinated in right of payment to the Securities or the senior indebtedness of such Restricted Subsidiary, as the case may be, and that the issuance of such new subordinated Debt is in compliance with the terms of this Indenture and (ii) requesting that the Trustee execute a subordination agreement (or instrument of like effect) with the holders of such subordinated Debt or their representative, then, upon Company Order, the Trustee shall, without the consent of any Holder, execute such subordination agreement (or instrument of like effect). ARTICLE TEN COVENANTSTEN

Appears in 3 contracts

Samples: Indenture (Rogers Communications Inc), Indenture (Rogers Communications Inc), Indenture (Rogers Communications Inc)

EXECUTION OF SUBORDINATION AGREEMENTS. In the event that the Trustee receives an Officers' ’ Certificate (i) to the effect that the Company or a Restricted Subsidiary proposes to issue Debt subordinated in right of payment to the Securities or the senior indebtedness of such Restricted Subsidiary, as the case may be, and that the issuance of such new subordinated Debt is in compliance with the terms of this Indenture and (ii) requesting that the Trustee execute a subordination agreement (or instrument of like effect) with the holders of such subordinated Debt or their representative, then, upon Company Order, the Trustee shall, without the consent of any Holder, execute such subordination agreement (or instrument of like effect). ARTICLE TEN COVENANTS

Appears in 2 contracts

Samples: Indenture (Rogers Communications Inc), Indenture (Rogers Communications Inc)

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EXECUTION OF SUBORDINATION AGREEMENTS. In the event that the Trustee receives an Officers' Certificate (i) to the effect that the Company or a Restricted Subsidiary proposes to issue Debt subordinated in right of payment to the Securities or the senior indebtedness of such Restricted Subsidiary, as the case may be, and that the issuance of such new subordinated Debt is in compliance with the terms of this Indenture and (ii) requesting that the Trustee execute a subordination agreement (or instrument of like effect) with the holders of such subordinated Debt or their representative, then, upon Company Order, the Trustee shall, without the consent of any Holder, execute such subordination agreement (or instrument of like effect). ARTICLE TEN COVENANTSTEN

Appears in 1 contract

Samples: Indenture (Rogers Wireless Inc)

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