Limitations on Layering Indebtedness. Prior to the occurrence of the Fall-Away Event, the Company will not, and will not permit any of its Subsidiaries to, directly or indirectly, incur any Indebtedness that purports to be by its terms subordinated to any other Indebtedness of the Company or such Subsidiary, as the case may be, unless such Indebtedness is also expressly subordinated to the Notes to the same extent and in the same manner as such Indebtedness is subordinated to such other Indebtedness.
Appears in 4 contracts
Samples: Healthsouth Corp, Healthsouth Corp, Indenture (Healthsouth Corp)
