Common use of Guarantees of Indebtedness Incurred Clause in Contracts

Guarantees of Indebtedness Incurred. in accordance with the provisions of this Indenture; provided that in the event such Indebtedness that is being Guaranteed is a Subordinated Obligation or a Guarantor Subordinated Obligation, then the related Guarantee shall be subordinated in right of payment to the Notes or the Subsidiary Guarantee to at least the same extent as the Indebtedness being Guaranteed, as the case may be;

Appears in 12 contracts

Samples: Indenture (SM Energy Co), Fifth Supplemental Indenture (SM Energy Co), Indenture (SM Energy Co)

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Guarantees of Indebtedness Incurred. in accordance with the provisions of this the Indenture; provided that in the event such Indebtedness that is being Guaranteed is a Subordinated Obligation or a Guarantor Subordinated Obligation, then the related Guarantee shall be subordinated in right of payment to the Notes or the Subsidiary Guarantee to at least the same extent as the Indebtedness being Guaranteed, as the case may be;

Appears in 1 contract

Samples: Second Supplemental Indenture (Stone Energy Corp)

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