Limitation on Other Senior Subordinated Debt. The Issuers shall not, and shall not permit any of their Restricted Subsidiaries to, directly or indirectly, incur, contingently or otherwise, any Indebtedness (other than the Notes and the Guarantees, as the case may be) that is both (i) subordinate in right of payment to any Senior Indebtedness of the Issuers or their Restricted Subsidiaries, as the case may be, and (ii) senior in right of payment to the Notes and the Guarantees, as the case may be. For purposes of this Section 4.15, Indebtedness is deemed to be senior in right of payment to the Notes and the Guarantees, as the case may be, if it is not explicitly subordinate in right of payment to Senior Indebtedness at least to the same extent as the Notes and the Guarantees, as the case may be, are subordinate to Senior Indebtedness.
Limitation on Other Senior Subordinated Debt. The Company will not, and will not permit any of the Restricted Subsidiaries to, directly or indirectly, incur, contingently or otherwise, any Indebtedness that is both (i) subordinate in right of payment to any Senior Indebtedness of the Company or any of the Guarantors, as the case may be, and (ii) senior in right of payment to the Notes or any of the Guarantees, as the case may be.
Limitation on Other Senior Subordinated Debt. The Company will not incur or suffer to exist Indebtedness that is senior in right of payment to the Securities and subordinate in right of payment to any other Indebtedness of the Company.
Limitation on Other Senior Subordinated Debt. The Company will not, and will not permit any Restricted Subsidiary to, create, Incur, assume, guarantee or in any other manner become liable with respect to any Indebtedness that is subordinate in right of payment to any Senior Indebtedness of the Company or any such Restricted Subsidiary, unless such Indebtedness (i) has a maturity date subsequent to the Stated Maturity of the Notes and an Average Life longer than that of the Notes and (ii) is also pari passu with, or subordinate in right of payment to, the Notes or the relevant Subsidiary Guarantee, as the case may be.
Limitation on Other Senior Subordinated Debt. The Company will not, directly or indirectly, incur any Indebtedness that is both (i) subordinate in right of payment to any Senior Indebtedness of the Company and (ii) senior in right of payment to the Notes. For purposes of this Section 4.12, Indebtedness is deemed to be senior in right of payment to the Notes if it is not explicitly subordinate in right of payment to Senior Indebtedness at least to the same extent as the Notes are subordinate to Senior Indebtedness.
Limitation on Other Senior Subordinated Debt. The Company shall not, and shall not permit any Guarantor, to incur any Indebtedness that is both (i) subordinate in right of payment to any Senior Indebtedness of the Company or any Guarantor Senior Indebtedness of such Guarantor, as the case may be, and (ii) senior in right of payment to the Notes or the Guarantee of such Guarantor, as the case may be. For purposes of this Section 4.12, Indebtedness is deemed to be senior in right of payment to the Notes or any of the Guarantees, as the case may be, if it is not explicitly subordinate in right of payment to Senior Indebtedness or Guarantor Senior Indebtedness, as the case may be, at least to the same extent as the Notes and the Guarantee, as the case may be, are subordinate to Senior Indebtedness or Guarantor Senior Indebtedness, as the case may be.
Limitation on Other Senior Subordinated Debt. The Company will not, and will not permit any of its Restricted Subsidiaries to, directly or indirectly, incur, contingently or otherwise, any Indebtedness that is both (i) subordinate in right of payment to any Senior Debt of the Company or its Restricted Subsidiaries, as the case may be, and (ii) senior in right of payment to the Securities. For purposes of this Section 4.11, Indebtedness is deemed to be senior in right of payment to the Securities, if it is not explicitly subordinate in right of payment to Senior Debt at least to the same extent as the Securities are subordinate to Senior Debt.
Limitation on Other Senior Subordinated Debt. Neither the Company nor a Subsidiary Guarantor shall incur, or permit to remain outstanding, any Indebtedness (including Acquired Debt and Permitted Debt) other than the Notes or the Subsidiary Guarantee of such Subsidiary Guarantor, as the case may be, that is subordinated in right of payment to any Indebtedness, unless such Indebtedness is either (i) pari passu with the Notes or the Subsidiary Guarantee of such Subsidiary Guarantor, as the case may be, pursuant to subordination provisions (including related definitions) substantially similar to those contained herein (which provide for the subordination of such Indebtedness to substantially the same extent as the Notes and the Subsidiary Guarantees are subordinated to Senior Debt), or (ii) subordinated in right of payment to the Notes and the Subsidiary Guarantees, as the case may be.
Limitation on Other Senior Subordinated Debt. Notwithstanding the provisions of Section 4.09 hereof, neither the Company nor any Guarantor shall directly or indirectly incur any Indebtedness that is subordinate or junior in right of payment to any Senior Debt of the Company or such Guarantor, as the case may be, and senior in any respect in right of payment to the Notes or such Guarantor's Note Guarantee.
Limitation on Other Senior Subordinated Debt. The Company will not create, incur, assume, guarantee or in any other manner become liable with respect to any Debt (other than the Securities) that is subordinate in right of payment to any Senior Indebtedness of the Company unless such Debt is also pari passu with, or subordinate in right of payment to, the Securities. For the purposes of such covenant, Debt will be deemed to be pari passu with the Securities if it is subordinate to Senior Indebtedness of the Company pursuant to subordination provisions substantially similar to those contained in Article Twelve hereof. Nothing in this Section 1008 shall prohibit the Company from creating, incurring, assuming or in any other manner becoming liable with respect to any Senior Indebtedness secured by a lien which ranks junior to any other lien securing any other Senior Indebtedness.
