Common use of Notes Subordinated to Prior Payment Clause in Contracts

Notes Subordinated to Prior Payment. of All Senior Indebtedness on Dissolution, Liquidation or Reorganization. Upon any distribution of assets of the Company or upon any dissolution, winding up, total or partial liquidation or reorganization of the Company, whether voluntary or involuntary, in bankruptcy, insolvency, receivership or similar proceeding or upon assignment for the benefit of creditors:

Appears in 3 contracts

Samples: Indenture (Krug International Corp), Indenture (Maverick Tube Corporation), Maverick Tube Corporation

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Notes Subordinated to Prior Payment. of All Senior Indebtedness Debt on Dissolution, Liquidation or Reorganization. Upon any payment or distribution of assets properties of the Company or upon any successor in any dissolution, winding up, total or partial liquidation or reorganization of the Company, whether voluntary or involuntary, Company (including in bankruptcy, insolvency, insolvency or receivership or similar proceeding proceedings or upon any assignment for the benefit of creditors:, whether voluntary or involuntary):

Appears in 3 contracts

Samples: Securities Purchase Agreement (Chase Venture Capital Associates L P), Securities Purchase Agreement (Gentle Dental Service Corp), Securities Purchase Agreement (Donaldson Lufkin & Jenrette Inc /Ny/)

Notes Subordinated to Prior Payment. of All Senior Indebtedness on Dissolution, Liquidation or Reorganization. Upon any distribution of assets of the Company or upon any dissolution, winding up, total or partial liquidation or reorganization of the Company, whether voluntary or involuntary, in bankruptcy, insolvency, receivership or a similar proceeding or upon assignment for the benefit of creditorscreditors or any marshalling of assets or liabilities:

Appears in 2 contracts

Samples: Lamar Advertising Co/New, Lamar Advertising Co

Notes Subordinated to Prior Payment. of All Senior Indebtedness on Dissolution, Liquidation or Reorganization. Upon any distribution of assets of the Company or upon any dissolution, winding up, total or partial 92 100 liquidation or reorganization of the Company, whether voluntary or involuntary, in bankruptcy, insolvency, receivership or a similar proceeding or upon assignment for the benefit of creditorscreditors or any marshalling of assets or liabilities:

Appears in 1 contract

Samples: Lamar Advertising Co

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Notes Subordinated to Prior Payment. of All Senior Indebtedness on Dissolution, Liquidation or ReorganizationReorganization of Company. Upon any payment or distribution of assets of the Company of any kind or character, whether in cash, property or securities to creditors upon any liquidation, dissolution, winding up, total reorganization, assignment for the benefit of creditors or partial liquidation or reorganization marshaling of assets of the Company, whether voluntary or involuntary, or in a bankruptcy, reorganization, insolvency, receivership or other similar proceeding relating to the Company or upon assignment for the benefit of creditorsits property, whether voluntary or involuntary:

Appears in 1 contract

Samples: Sickinger Co

Notes Subordinated to Prior Payment. of All Senior Indebtedness on Dissolution, Liquidation or Reorganization. Upon any distribution of assets of the Company or upon any dissolution, winding up, total or partial liquidation or reorganization of the Company, whether voluntary or involuntary, in bankruptcy, insolvency, receivership or a similar proceeding or upon assignment for the benefit of creditorscreditors or any marshaling of assets or liabilities:

Appears in 1 contract

Samples: Indenture (Southern Pacific Funding Corp)

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