No Other “Designated Senior Indebtedness. The Loan Parties will not, and will not permit any Subsidiary to, directly or indirectly, designate, or permit the designation of, any Indebtedness (other than under this Agreement or the other Loan Documents) as "Designated Senior Indebtedness" (or any equivalent term) under any Subordinated Debt Documents.
Appears in 3 contracts
Samples: Credit Agreement (Seminis Inc), Credit Agreement (Seminis Inc), Credit Agreement (Seminis Inc)
No Other “Designated Senior Indebtedness. The Neither the Borrower nor any other Loan Parties will not, and will not permit any Subsidiary to, directly or indirectly, Party shall designate, or permit the designation of, any Indebtedness (other than under this Agreement or the other Loan Documents) as "“Designated Senior Indebtedness" ” (or any equivalent term) under any Subordinated Debt Documents.
Appears in 2 contracts
Samples: Credit Agreement (Polymer Group Inc), Credit Agreement (Polymer Group Inc)
No Other “Designated Senior Indebtedness. The Loan Parties will not, and will shall not permit any Subsidiary to, directly or indirectly, designate, or permit the designation of, any Indebtedness (other than under or as permitted to rank pari passu with the Secured Obligations pursuant to, this Agreement or the other Loan Documents) as "“Designated Senior Indebtedness" ” (or any equivalent term) under any Subordinated Debt Documents.
Appears in 2 contracts
Samples: Pledge Agreement (Lifepoint Health, Inc.), Credit Agreement (Lifepoint Hospitals, Inc.)
No Other “Designated Senior Indebtedness. The No Loan Parties will not, and will not permit any Subsidiary to, directly or indirectly, Agreement Party shall designate, or permit the designation of, any Indebtedness (other than under this Agreement or the other Loan Documents) as "“Designated Senior Indebtedness" ” (or any equivalent term) under the Subordinated Notes Documents or any documents relating to Permitted Subordinated Debt DocumentsIndebtedness.
Appears in 1 contract
Samples: Credit Agreement (Intertape Woven Products Services S.A. De C.V.)
No Other “Designated Senior Indebtedness. The Loan Parties will not, and will shall not permit any Subsidiary to, directly or indirectly, designate, or permit the designation of, any Indebtedness (other than under this Agreement or the other Loan Documents) as "“Designated Senior Indebtedness" ” (or any equivalent term) under any Subordinated Debt Documents.
Appears in 1 contract
