PRESERVATION OF DEBT. In spite of any term of this Deed postponing, subordinating or preventing the payment of any of the Subordinated Debt, as between the Obligors and the Subordinated Creditors, the Subordinated Debt shall remain owing or payable (and interest or default interest shall continue to accrue) in accordance with the terms of the Junior Loan Agreements or the Intercompany Documents (as the case may be). No delay in exercising rights and remedies under the Junior Loan Agreement or the Intercompany Documents by reason of any term of this Deed postponing, restricting or preventing such exercise shall operate as a permanent waiver of any of those rights and remedies.
PRESERVATION OF DEBT. Notwithstanding any term of this Deed postponing, subordinating or preventing the payment of any Debt:
PRESERVATION OF DEBT. Notwithstanding the provisions of this Agreement postponing, subordinating or preventing the payment of any of the Subordinated Loans, the Subordinated Loans will, as between the Company and each Subordinated Loan Creditor, be deemed to remain owing or due and payable in accordance with the terms of the Subordinated Loan Documents. No delay on the part of a Subordinated Loan Creditor in exercising any rights under any Subordinated Loan Document against the Company as a result of the provisions of this Agreement postponing, restricting or preventing such exercise will constitute a permanent waiver of those rights.
PRESERVATION OF DEBT. In spite of any term of this Agreement postponing, subordinating or preventing the payment of any of the Intercompany Debt, as between the Obligors and the Intercompany Creditors, the Intercompany Debt shall remain owing or payable (and interest or default interest shall continue to accrue) in accordance with the terms of the Second Newco 1 Loan Agreement. No delay in exercising rights and remedies under the Second Newco 1 Loan Agreement by reason of any term of this Agreement postponing, restricting or preventing such exercise shall operate as a permanent waiver of any of those rights and remedies.
PRESERVATION OF DEBT. ................................................................................xxv
PRESERVATION OF DEBT. Notwithstanding any term of this Deed postponing, subordinating or preventing the payment of any of the Bridge Debt, High Yield Debt or Intercompany Debt, the Bridge Debt, High Yield Debt or Intercompany Debt concerned shall solely as between the Obligors, the Bridge Creditors, the High Yield Creditors, the Intercompany Creditors and the Intercompany Debtors be deemed to remain owing or due and payable in accordance with the terms of the Bridge Finance Documents, the High Yield Finance Documents or the Intercompany Documents, as the case may be, in order that interest and default interest and indemnity payments will accrue thereon in accordance with and to the extent provided for in the Bridge Finance Documents, the High Yield Finance Documents and the Intercompany Documents respectively. No delay in exercising rights and remedies under any of the Bridge Finance Documents, the High Yield Finance Documents or any Intercompany Document by reason of any term of this Deed postponing, restricting or preventing such exercise shall operate as a permanent waiver of any of those rights and remedies.
PRESERVATION OF DEBT. 57.1.1 Notwithstanding any term of this Agreement postponing, subordinating or preventing the payment of any Debt, as between the Obligors and the Secured Creditor to whom such Debt is owed, that Debt shall remain owing and payable (and interest and/or default interest shall continue to accrue) in accordance with the terms of the relevant Finance Documents relating to such Debt.
PRESERVATION OF DEBT. Notwithstanding any term of this agreement postponing, subordinating or preventing the payment of any of the High Yield Intra-Group Debt or the Investor Debt, the High Yield Intra-Group Debt and the Investor Debt concerned shall, solely as between the Obligors and the Investors, be deemed to remain owing or due and payable in accordance with the terms of the High Yield Intra-Group Bond Documents and the Investor Documents (as the case may be) in order that interest and default interest and indemnity payments will accrue thereon in accordance with and to the extent provided for in the High Yield Intra-Group Bond Documents and the Investor Documents respectively. No delay in exercising rights and remedies under any of the High Yield Intra-Group Bond Documents or the Investor Documents by reason of any term of this agreement postponing, restricting or preventing such exercise shall operate as a permanent waiver or any of those rights and remedies or otherwise deprive the High Yield Issuer or any of the Investors (as the case may be) of any of their respective rights against any Obligor or any other person.
PRESERVATION OF DEBT. (a) In spite of any term of this Agreement postponing, subordinating or preventing the payment of any of the Junior Debt or Subordinated Debt (as the case may be), as between the Obligors and the Junior Creditors or Subordinated Creditors the Junior Debt or Subordinated Debt shall remain owing or payable (and interest or default interest shall continue to accrue) in accordance with the terms of the Junior Finance Documents or Subordinated Finance Documents.
PRESERVATION OF DEBT. Notwithstanding any term of this Agreement postponing, subordinating or preventing the payment of any of the Junior Debt or Subordinated Investor Debt, the Junior Debt or Subordinated Investor Debt concerned shall solely as between the Obligors, the Junior Creditors and the Subordinated Investors be deemed to remain owing or due and payable in accordance with the terms of the Junior Finance Documents or the Subordinated Investor Debt Documents, as the case may be, in order that interest and default interest and indemnity payments will accrue thereon in accordance with and to the extent provided for in the Junior Finance Documents and the Subordinated Investor Debt Documents respectively. No delay in exercising rights and remedies under any of the Junior Finance Documents or the Subordinated Investor Debt Documents by reason of any term of this Agreement postponing, restricting or preventing such exercise shall operate as a permanent waiver of any of those rights and remedies.
