Common use of Rights of Holders of Senior Debt Clause in Contracts

Rights of Holders of Senior Debt. No amendment, modification or waiver of this Indenture or the Securities shall adversely affect the rights of any holder of Senior Debt or Senior Guarantor Debt under the subordination provisions included in Article Thirteen of this Indenture without the consent of such holder.

Appears in 3 contracts

Samples: Penske Automotive Group, Inc., Indenture (Penske Automotive Group, Inc.), Indenture (Penske Automotive Group, Inc.)

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Rights of Holders of Senior Debt. No amendment, modification or waiver of this Indenture or the Securities shall adversely affect the rights of any holder of Senior Debt or Senior Guarantor Debt Indebtedness under the subordination provisions included in Article Thirteen Articles 11 and 12 of this Indenture without the consent of such holder.

Appears in 1 contract

Samples: Credit Agreement (United Auto Group Inc)

Rights of Holders of Senior Debt. No amendment, modification or waiver of this Indenture or the Securities shall adversely affect the rights of any holder of Senior Debt or Senior Guarantor Debt under the subordination provisions included in Article Thirteen Fourteen of this Indenture without the consent of such holder.. ARTICLE TEN

Appears in 1 contract

Samples: Indenture (United Auto Group Inc)

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Rights of Holders of Senior Debt. No amendment, modification or waiver of this Indenture or the Securities shall adversely affect the rights of any holder of Senior Debt or Senior Guarantor Debt under the subordination provisions included in Article Thirteen Fourteen of this Indenture without the consent of such holder.. ARTICLE TEN COVENANTS

Appears in 1 contract

Samples: Penske Automotive Group, Inc.

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