Common use of Other Subordinated Debt Clause in Contracts

Other Subordinated Debt. The Company shall not and shall not permit any of its Subsidiaries to, directly or indirectly, incur, create, or suffer to exist any Debt that by its express terms is subordinate or junior in right of payment (to any extent) to any Debt of the Company or a Guarantor unless, by its terms or by the terms of the instrument creating or evidencing it, such Debt (A) has a maturity and Weighted Average Life to Maturity longer than the Loans and (B) is subordinate or junior in right of payment to the Loans (or, in the case of a Guarantor, to the Guaranty).

Other Subordinated Debt. The Company shall not and shall not permit ----------------------- any of its Subsidiaries to, directly or indirectly, incur, create, or suffer to exist any Debt that by its express terms is subordinate or junior in right of payment (to any extent) to any Debt of the Company or a Guarantor unless, by its terms or by the terms of the instrument creating or evidencing it, such Debt (A) has a maturity and Weighted Average Life to Maturity longer than the Loans and (B) is subordinate or junior in right of payment to the Loans (or, in the case of a Guarantor, to the Guaranty).