Limitation on Layering Debt. The Company will not incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any Senior Indebtedness of the Company but senior in any respect in right of payment to the Notes.
Appears in 3 contracts
Samples: Indenture (Cinemark Inc), Cinemark Usa Inc /Tx, Cinemark Usa Inc /Tx
Limitation on Layering Debt. (a) The Company will not shall not, directly or indirectly, incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is by its terms subordinate or junior in right of payment to any Senior Indebtedness Debt of the Company but and senior in any respect in right of payment to the Notes.
Appears in 3 contracts
Samples: Indenture (GHTV Inc), Baker J Inc, Village at Breckenridge Acquisition Corp Inc
Limitation on Layering Debt. The Company will shall not incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any Senior Indebtedness of the Company but and senior in any respect in right of payment to the Notes.
Appears in 2 contracts
Samples: Indenture (Mmi Products Inc), Tia Indenture (Mmi Products Inc)
Limitation on Layering Debt. The Company will not incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any Senior Indebtedness of the Company but and senior in any respect in right of payment to the Notes. In addition, the Subsidiary Guarantors will not incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any Senior Indebtedness of the Subsidiary Guarantor and senior in any respect in right of payment to the Subsidiary Guarantees.
Appears in 1 contract
Limitation on Layering Debt. The Company will shall not incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any Senior Indebtedness of the Company but and senior in any respect in right of payment to the Notes. No Guarantor shall incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to the Guarantor Senior Indebtedness and senior in any respect in right of payment to the Subsidiary Guarantees.
Appears in 1 contract
Samples: Day International Group Inc
Limitation on Layering Debt. The Company will shall not incur, create, issue, assume, guarantee or otherwise become liable for ---------------------------- Incur any Indebtedness that is subordinate or junior in right of payment to any Senior Indebtedness of the Company but and senior in any respect in right of payment to the NotesSecurities.
Appears in 1 contract
Samples: Eagle Family Foods Inc
Limitation on Layering Debt. The Company will shall not incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any Senior Indebtedness Debt of the Company but and senior in any respect in right of payment to the Notes.
Appears in 1 contract
Samples: Synthetic Industries Inc
Limitation on Layering Debt. The Company will shall not --------------------------- incur, create, issue, assumeassume , guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any Senior Indebtedness of the Company but and senior in any respect in right of payment to the Notes.
Appears in 1 contract
Samples: Gorges Quik to Fix Foods Inc