Common use of RIGHTS OF HOLDERS OF SENIOR Clause in Contracts

RIGHTS OF HOLDERS OF SENIOR. INDEBTEDNESS NOT IMPAIRED. No right of any present or future holder of any Senior Indebtedness to enforce the subordination herein shall at any time or in any way be prejudiced or impaired by any act or failure to act on the part of the Company or by any noncompliance by the Company with the terms, provisions and covenants of this Indenture, regardless of any knowledge thereof any such holder may have or be otherwise charged with.

Appears in 1 contract

Samples: First Supplemental Indenture (Indymac Bancorp Inc)

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RIGHTS OF HOLDERS OF SENIOR. INDEBTEDNESS NOT TO BE IMPAIRED. No right of any present or future holder of any Senior Indebtedness to enforce the subordination as herein provided shall at any time or in any way be prejudiced or impaired by any act or failure to act on the part of the Company in good faith by any such holder, or by any noncompliance by the Company with the terms, terms and provisions and covenants of this Indenture, herein regardless of any knowledge thereof any such holder may have or otherwise be otherwise charged with. The provisions of this Article 10 are intended to be for the benefit of, and shall be enforceable directly by, the holders of Senior Indebtedness.

Appears in 1 contract

Samples: Indenture (Peco Energy Co)

RIGHTS OF HOLDERS OF SENIOR. INDEBTEDNESS NOT IMPAIRED. Indebtedness Not Impaired No right of any present or future holder of any Senior Indebtedness to enforce the subordination herein shall will at any time or in any way be prejudiced or impaired by any act or failure to act on the part of the Company or by any noncompliance non-compliance by the Company with the 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: Trust Indenture (Canadian Satellite Radio Holdings Inc.)

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RIGHTS OF HOLDERS OF SENIOR. INDEBTEDNESS NOT IMPAIRED. No right of any present or future holder of any Senior Indebtedness to enforce the subordination herein shall at any time or in any way be prejudiced or impaired by any act or failure to act on the part of the Company or by any noncompliance by the Company with the terms, provisions and covenants of this Indenture, regardless of any knowledge thereof any such holder may have or be otherwise charged with.. ARTICLE FIFTEEN

Appears in 1 contract

Samples: Indenture (Consolidated Edison Inc)

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