Common use of Legend on Subordinated Debt Instruments Clause in Contracts

Legend on Subordinated Debt Instruments. The Subordinated Creditor shall, substantially simultaneously with the execution and delivery hereof, cause a conspicuous legend to be placed on each of the instruments evidencing Subordinated Indebtedness to the following effect: "This instrument and the indebtedness evidenced hereby is subordinated, in the manner and to the extent set forth in an agreement dated , (as such agreement may from time to time be amended, restated, modified, or supplemented, the "Subordination Agreement"), by the maker and payee of this instrument in favor of Bank of America, N.A. as Administrative Agent for the "Lenders" referred to therein, to all Senior Indebtedness as defined therein), and each holder of this instrument, by its acceptance hereof, shall be bound by the Subordination Agreement." and upon request by the Administrative Agent deliver a copy of each of the instruments evidencing Subordinated Debt, as so marked, to the Administrative Agent within 60 days following such request.

Appears in 2 contracts

Samples: Credit Agreement (Enbridge Energy Partners Lp), 364 Day Credit Agreement (Enbridge Energy Partners Lp)

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Legend on Subordinated Debt Instruments. The Subordinated Creditor shall, substantially simultaneously with the execution and delivery hereof, cause a conspicuous legend to be placed on each of the instruments evidencing Subordinated Indebtedness to the following effect: "This instrument and the indebtedness evidenced hereby is subordinated, in the manner and to the extent set forth in an agreement dated ____________, ____ (as such agreement may from time to time be amended, restated, modified, or supplemented, the "Subordination Agreement"), by the maker and payee of this instrument in favor of Bank of America, H-712479.11 N.A. as Administrative Agent for the "Lenders" referred to therein, to all Senior Indebtedness as defined therein), and each holder of this instrument, by its acceptance hereof, shall be bound by the Subordination Agreement." and upon request by the Administrative Agent deliver a copy of each of the instruments evidencing Subordinated Debt, as so marked, to the Administrative Agent within 60 days following such request.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Questar Market Resources Inc)

Legend on Subordinated Debt Instruments. The Subordinated Creditor shall, substantially simultaneously with the execution and delivery hereof, cause a conspicuous legend to be placed on each of the instruments evidencing Subordinated Indebtedness to the following effect: "This instrument and the indebtedness evidenced hereby is subordinated, in the manner and to the extent set forth in an agreement dated , (as such agreement may from time to time be amended, restated, modified, or supplemented, the "Subordination Agreement"), by the maker and payee of this instrument in favor of Bank of America, N.A. as Administrative Agent for the "Lenders" referred to therein, to all Senior Indebtedness as defined therein), and each holder of this instrument, by its acceptance hereof, shall be bound by the Subordination Agreement." and upon request by the Administrative Agent deliver a copy of each of the instruments evidencing Subordinated Debt, as so marked, to the Administrative Agent within 60 days following such request. In the event of any conflict between any instrument evidencing Subordinated Indebtedness and the terms of this Agreement, the terms of this Agreement shall control.

Appears in 1 contract

Samples: Credit Agreement (Enbridge Energy Partners Lp)

Legend on Subordinated Debt Instruments. The Subordinated Creditor shall, substantially simultaneously with the execution and delivery hereof, cause a conspicuous legend to be placed on each of the instruments evidencing Subordinated Indebtedness to the following effect: "This instrument and the indebtedness evidenced hereby is subordinated, in the manner and to the extent set forth in an agreement dated ____________, ____ (as such agreement may from time to time be amended, restated, modified, or supplemented, the "Subordination Agreement"), by the maker and payee of this instrument in favor of Bank of America, N.A. as Administrative Agent for the "Lenders" referred to therein, to all Senior Indebtedness as defined therein), and each holder of this instrument, by its acceptance hereof, shall be bound by the Subordination Agreement." and upon request by the Administrative Agent deliver a copy of each of the instruments evidencing Subordinated Debt, as so marked, to the Administrative Agent within 60 days following such request.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Questar Market Resources Inc)

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Legend on Subordinated Debt Instruments. The Subordinated Creditor shall, substantially simultaneously with the execution and delivery hereof, cause a conspicuous legend to be placed on each of the instruments evidencing Subordinated Indebtedness to the following effect: "This instrument and the indebtedness evidenced hereby is subordinated, in the manner and to the extent set forth in an agreement dated ____________, ____ (as such agreement may from time to time be amended, restated, modified, or supplemented, the "Subordination Agreement"), by the maker and payee of this instrument in favor of Bank of America, N.A. as Administrative Agent for the "Lenders" referred to therein, to all Senior Indebtedness as defined therein), and each holder of this instrument, by its acceptance hereof, shall be bound by the Subordination Agreement." and upon request by the Administrative Agent deliver a copy of each of the instruments evidencing Subordinated Debt, as so marked, to the Administrative Agent within 60 days following such request.

Appears in 1 contract

Samples: Credit Agreement (Enbridge Energy Partners Lp)

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