Common use of No Waiver of Subordination Provision Clause in Contracts

No Waiver of Subordination Provision. (a) No right of any present or future holder of any Senior Indebtedness to enforce subordination as herein provided shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Company or by any act or failure to act by any such holder, or by any non-compliance by the Company with the terms of this Indenture, regardless of any knowledge thereof which any such holder may have or be otherwise charged with.

Appears in 6 contracts

Samples: Indenture (Nuevo Energy Co), Indenture (Callon Petroleum Co), Indenture (Callon Petroleum Co)

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No Waiver of Subordination Provision. (a) No right of any present or future holder of any Senior Indebtedness of the Company to enforce subordination subordination, as herein provided provided, shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Company or by any act or failure to act act, in good faith, by any such holder, or by any non-compliance noncompliance by the Company with the terms terms, provisions and covenants of this IndentureNote, regardless of any knowledge thereof which any such holder may have or be otherwise charged with.

Appears in 3 contracts

Samples: Employment Agreement (Advanced Communications Group Inc/De/), Employment Agreement (Advanced Communications Group Inc/De/), Employment Agreement (Advanced Communications Group Inc/De/)

No Waiver of Subordination Provision. (a) No right of any present or future holder of any Senior Indebtedness to enforce subordination as herein provided shall will at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Company Issuers or by any act or failure to act act, in good faith, by any such holder, or by any non-compliance by the Company Issuers with the terms terms, provisions and covenants of this Indenture, regardless of any knowledge thereof which any such holder may have or be otherwise charged with.

Appears in 3 contracts

Samples: Indenture (Plains Exploration & Production Co), Plains Exploration & Production Co L P, Plains Resources Inc

No Waiver of Subordination Provision. (ai) No right of any present or future holder of any Senior Indebtedness to enforce subordination as herein provided shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Company or by any act or failure to act act, in good faith, by any such holder, or by any non-compliance by the Company with the terms terms, provisions and covenants of this Indenture, regardless of any knowledge thereof which any such holder may have or be otherwise charged with.

Appears in 2 contracts

Samples: Indenture (Snyder Oil Corp), Snyder Oil Corp

No Waiver of Subordination Provision. (a1) No right of any present or future holder of any Senior Indebtedness to enforce subordination as herein provided shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Company or by any act or failure to act act, in good faith, by any such holder, or by any non-compliance by the Company with the terms terms, provisions and covenants of this Indenture, regardless of any knowledge thereof which any such holder may have or be otherwise charged with.

Appears in 1 contract

Samples: Indenture (Bellwether Exploration Co)

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No Waiver of Subordination Provision. (a) No right of any present or future holder of any Senior Indebtedness to enforce subordination as herein provided shall will at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Company or by any act or failure to act act, in good faith, by any such holder, or by any non-compliance by the Company with the terms terms, provisions and covenants of this Indenture, regardless of any knowledge thereof which any such holder may have or be otherwise charged with.

Appears in 1 contract

Samples: Indenture (Pan American Energy Finance Corp)

No Waiver of Subordination Provision. (a) No right of any present or future holder of any Senior Indebtedness to enforce subordination as herein provided shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Company or by any act or failure to act by any such holder, or by any non-non- compliance by the Company with the terms of this Indenture, regardless of any knowledge thereof which any such holder may have or be otherwise charged with.

Appears in 1 contract

Samples: Nuevo Energy Co

No Waiver of Subordination Provision. (a) No right of any present or future holder of any Senior Indebtedness of the Company to enforce subordination subordination, as herein provided provided, shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Company or by any act or failure to act act, in good faith, by any such holder, or by any non-compliance noncompliance by the Company with the terms terms, provisions and covenants of this Indenture, regardless of any knowledge thereof which any such holder may have or be otherwise charged with.

Appears in 1 contract

Samples: Indenture (Philip Services Corp)

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