Common use of No Senior Subordinated Debt Clause in Contracts

No Senior Subordinated Debt. The Company 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 Debt 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 any Senior Debt of a Guarantor and senior in any respect in right of payment to any of the Subsidiary Guarantees.

Appears in 7 contracts

Samples: Indenture (L-3 Communications Cincinnati Electronics CORP), Indenture (L 3 Communications Corp), Indenture (Eer Systems Inc)

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No Senior Subordinated Debt. The Notwithstanding the provisions of Section 4.09 hereof, the Company 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 Debt of the Company and senior in any respect in right of payment to the Notes. No Notes and 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 any Senior Debt of a such Guarantor and senior in any respect in right of payment to any of the Subsidiary Guaranteessuch Guarantor's Note Guarantee.

Appears in 4 contracts

Samples: Indenture (Wci Communities Inc), Indenture (Communities Home Builders Inc), Indenture (Florida Lifestyle Management Co)

No Senior Subordinated Debt. The Notwithstanding the provisions of Section 4.09 hereof, (i) the Company 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 Debt and senior in any respect in right of payment to the Notes. No , and (ii) no Guarantor shall incur, create, issue, assume, guarantee or otherwise become liable for incur any Indebtedness that is subordinate subordinated or junior in right of payment to any Guarantees of Senior Debt of a Guarantor and senior in any respect in right of payment to any of the Subsidiary Note Guarantees.

Appears in 4 contracts

Samples: Indenture (Key Energy Group Inc), Indenture (Amerisourcebergen Corp), Indenture (Omni Med B Inc)

No Senior Subordinated Debt. The Company 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 Debt of the Company and senior in any respect in right of payment to the Notes. No Guarantor will incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any Senior Debt 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 any Senior Debt of a such Guarantor and senior in any respect in right of payment to any of the such Guarantor’s Subsidiary GuaranteesGuarantee.

Appears in 3 contracts

Samples: Fourth Supplemental Indenture (Omnicare Inc), First Supplemental Indenture (Omnicare Inc), Fifth Supplemental Indenture (Omnicare Inc)

No Senior Subordinated Debt. The Company 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 Debt Indebtedness of the Company 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 any Senior Debt Indebtedness of a such Guarantor and senior in any respect in right of payment to any of the Subsidiary Guaranteessuch Guarantor's Guaranty.

Appears in 3 contracts

Samples: Indenture (Atwood Mobile Products Inc), Indenture (Mark I Molded Plastics of Tennessee Inc), Indenture (Mark I Molded Plastics of Tennessee Inc)

No Senior Subordinated Debt. The Company 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 Debt of the Company and senior in any respect in right of payment to the Notes. No Guarantor shall will incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any the Senior Debt of a such Guarantor and senior in any respect in right of payment to any of the such Guarantor's Subsidiary GuaranteesGuarantee.

Appears in 3 contracts

Samples: Indenture (Genesis Healthcare Corp), Indenture (Neighborcare Inc), Indenture (Rotech Healthcare Inc)

No Senior Subordinated Debt. The Company 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 Debt Indebtedness of the Company 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 any the Senior Debt Indebtedness of a such Guarantor and senior in any respect in right of payment to any of the Subsidiary Guaranteessuch Guarantor's Note Guarantee.

Appears in 2 contracts

Samples: Indenture (Assisted Living Concepts Inc), Indenture (Assisted Living Concepts Inc)

No Senior Subordinated Debt. The Company shall not incur, create, issue, assume, guarantee guarantee, or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any Senior Debt Indebtedness of the Company and senior in any respect in right of payment to the Notes. No Subsidiary Guarantor shall incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate subordinated or junior in right of payment to any the Senior Debt Indebtedness of a such Guarantor and senior in any respect in right of payment to any of the such Guarantor's Subsidiary GuaranteesGuarantee.

Appears in 2 contracts

Samples: First Supplemental Indenture (Entercom Communications Corp), Supplemental Indenture (Entercom Radio LLC)

No Senior Subordinated Debt. The Company shall 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 Debt of the Company and senior in any respect in right of payment to the Notes. No Guarantor shall will incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any the Senior Debt of a such Guarantor and senior in any respect in right of payment to any of the such Guarantor's Subsidiary GuaranteesGuarantee.

Appears in 2 contracts

Samples: Indenture (Alltrista Corp), First Supplemental Indenture (Jarden Corp)

No Senior Subordinated Debt. The Company shall not incur, create, issue, assume, guarantee guarantee, or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any Senior Debt of the Company 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 subordinated or junior in right of payment to any the Senior Debt of a such Guarantor and senior in any respect in right of payment to any of the such Guarantor's Subsidiary GuaranteesGuarantee.

Appears in 2 contracts

Samples: Indenture (Entravision Communications Corp), Indenture (Radio One Inc)

No Senior Subordinated Debt. The Company 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 Debt of the Company 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 any Senior Debt of a such Guarantor and senior in any respect in right of payment to any of the such Guarantor's Subsidiary GuaranteesGuarantee.

Appears in 2 contracts

Samples: Indenture (Scotts Company), Indenture (Scotts Company)

No Senior Subordinated Debt. The Company 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 Debt of the Company and senior in any respect in right of payment to the NotesSecurities. No Note Guarantor shall incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any the Senior Debt of a such Note Guarantor and senior in any respect in right of payment to any of the Subsidiary Guaranteessuch Note Guarantor's guarantee.

Appears in 1 contract

Samples: Indenture (Sea Coast Foods, Inc.)

No Senior Subordinated Debt. The Company shall not incur, create, issue, assume, guarantee guarantee, or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any Senior Debt of the Company 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 subordinated or junior in right of payment to any the Senior Debt of a such Guarantor and senior in any respect in right of payment to any of the Subsidiary Guaranteessuch Guarantor's Note Guarantee.

Appears in 1 contract

Samples: Indenture (Nexstar Broadcasting of the Wichita Falls LLC)

No Senior Subordinated Debt. The Company 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 Debt of the Company and senior in any respect in right of payment to the Notes. No Guarantor shall will incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any the Senior Debt of a such Guarantor and senior in any respect in right of payment to any of the Subsidiary Guaranteessuch Guarantor's Note Guarantee.

Appears in 1 contract

Samples: Indenture (Omnicare Inc)

No Senior Subordinated Debt. The Notwithstanding the provisions of Section 4.09 hereof, the Company shall not incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness indebtedness that is subordinate or junior in right of payment to any Senior Debt Indebtedness 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 any Senior Debt of a Guarantor and senior in any respect in right of payment to any of the Subsidiary Guarantees.

Appears in 1 contract

Samples: Indenture (Furon Co)

No Senior Subordinated Debt. (a) The Company 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 Debt and senior in any respect in right of payment to the Notes. . (b) No Subsidiary Guarantor shall incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any Senior Debt of a Guarantor and senior in any respect in right of payment to any of the such Subsidiary GuaranteesGuarantor's Subsidiary Guarantee.

Appears in 1 contract

Samples: Indenture (Duane Reade Inc)

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No Senior Subordinated Debt. The Company shall 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 Debt Indebtedness 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 any Senior Debt of a Guarantor and senior in any respect in right of payment to any of the Subsidiary Guarantees.

Appears in 1 contract

Samples: Indenture (K&f Industries Inc)

No Senior Subordinated Debt. The Company 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 Debt Indebtedness of the Company 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 any Senior Debt Indebtedness of a such Guarantor and senior in any respect in right of payment to any of the such Guarantor's Subsidiary GuaranteesGuarantee.

Appears in 1 contract

Samples: Indenture (Dominos Pizza Government Services Division Inc)

No Senior Subordinated Debt. The Company 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 of the Company's Senior Debt 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 any the Senior Debt of a such Guarantor and senior in any respect in right of payment to any of the Subsidiary Guaranteessuch Guarantor's Guarantee.

Appears in 1 contract

Samples: Indenture (Beverly Enterprises Inc)

No Senior Subordinated Debt. The Company shall 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 Debt of the Company and senior in any respect in right of payment to the Notes. No Guarantor shall will incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any the Senior Debt of a such Guarantor and senior in any respect in right of payment to any of the Subsidiary Guaranteessuch Guarantor's Note Guarantee.

Appears in 1 contract

Samples: Indenture (Synagro Technologies Inc)

No Senior Subordinated Debt. The Company 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 Debt of the Company and senior in any respect in right of payment to the Notes. No Guarantor shall will incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any Senior Debt of a such Guarantor and senior in any respect in right of payment to any of the Subsidiary Guaranteessuch Guarantor's Guarantee.

Appears in 1 contract

Samples: Indenture (Emmis 105 5 Fm Radio License Corp of Terre Haute)

No Senior Subordinated Debt. (a) The Company shall 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 Debt Indebtedness and senior in any respect in right of payment to the Notes. . (b) No Guarantor shall will incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any Senior Debt of a Guarantor Indebtedness and senior in any respect in right of payment to any of the Subsidiary Note Guarantees.

Appears in 1 contract

Samples: Indenture (Jackson Products Inc)

No Senior Subordinated Debt. The Company shall not not, directly or indirectly, incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate subordinated or junior in right of payment to any Senior Debt 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 any Senior Debt of a Guarantor and senior in any respect in right of payment to any of the Subsidiary Guarantees.

Appears in 1 contract

Samples: Indenture (Global Crossing Holdings LTD)

No Senior Subordinated Debt. (i) The Company 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 Debt and senior in any respect in right of payment to the Notes. No , and (ii) 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 any Guarantees of Senior Debt of a Guarantor and senior in any respect in right of payment to any of the Subsidiary Guarantees.

Appears in 1 contract

Samples: Indenture (Clean Towel Service Inc)

No Senior Subordinated Debt. The Company 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 Debt of the Company 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 subordinated or junior in right of payment to any the Senior Debt of a such Guarantor and senior in any respect in right of payment to any of the such Guarantor's Subsidiary GuaranteesGuarantee.

Appears in 1 contract

Samples: Indenture (Potlatch Corp)

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