Common use of No Waiver of Subordination Provision Clause in Contracts

No Waiver of Subordination Provision. 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 5 contracts

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

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No Waiver of Subordination Provision. 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: Stock Purchase Agreement (Advanced Communications Group Inc/De/), Stock Purchase Agreement (Advanced Communications Group Inc/De/), Agreement and Plan of Exchange (Advanced Communications Group Inc/De/)

No Waiver of Subordination Provision. 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: First Supplemental Indenture (Snyder Oil Corp)

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No Waiver of Subordination Provision. 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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