Common use of Section 12 Clause in Contracts

Section 12. 09. Subordination Rights Not Impaired by Acts or Omissions of the Guarantors or Holders of Guarantor Senior Debt........................................86 SECTION 12.10. Securityholders Authorize Trustee to Effectuate Subordination of Guarantees..................................86 SECTION 12.11. This Article Not to Prevent Events of Default................86 SECTION 12.12. Trustee's Compensation Not Prejudiced........................86 SECTION 12.13. No Waiver of Guarantee Subordination Provisions..............86 SECTION 12.14. Payments May be Paid Prior to Dissolution....................87

Appears in 1 contract

Sources: Indenture (Scientific Games Corp)

Section 12. 09. Subordination Rights Not Impaired by Acts or Omissions of the Guarantors Guarantor or Holders of Guarantor Senior Debt........................................86 Indebtedness ............................................ 78 SECTION 12.10. Securityholders Authorize Trustee to Effectuate Subordination of Guarantees..................................86 Guarantee .............................. 78 SECTION 12.11. This Article Not to Prevent Events of Default................86 Default ............ 79 SECTION 12.12. Trustee's Compensation Not Prejudiced........................86 Prejudiced .................... 79 SECTION 12.13. No Waiver of Guarantee Subordination Provisions..............86 SECTION 12.14. Payments May be Paid Prior to Dissolution....................87Provisions ........

Appears in 1 contract

Sources: Indenture (Fedders North America Inc)

Section 12. 09. Subordination Rights Not Impaired by Acts or Omissions of the Guarantors or Holders of Guarantor Senior Debt........................................86 Debt of Guarantors............................ 97 SECTION 12.10. Securityholders Authorize Trustee to To Effectuate Subordination of Guarantees..................................86 Guarantee........................... 97 SECTION 12.11. This Article Not to To Prevent Events of Default................86 ........... 98 SECTION 12.12. Trustee's Compensation Not Prejudiced........................86 ................... 98 SECTION 12.13. No Waiver of Guarantee Subordination Provisions..............86 ......... 98 SECTION 12.14. Payments May be Be Paid Prior to Dissolution....................87............... 98 ARTICLE THIRTEEN MISCELLANEOUS

Appears in 1 contract

Sources: Indenture (Pen Tab Industries Inc)

Section 12. 09. Subordination Rights Not Impaired by Acts or Omissions of the Guarantors Company or Holders of Guarantor Senior Debt........................................86 SECTION Indebtedness.........................................52 Section 12.10. Securityholders Holders Authorize Trustee to To Effectuate Subordination of Guarantees..................................86 SECTION Securities..........................52 Section 12.11. This Article Not to To Prevent Events of Default................86 SECTION ........52 Section 12.12. Trustee's Compensation Not Prejudiced........................86 SECTION ................52 Section 12.13. No Waiver of Guarantee Subordination Provisions..............86 SECTION ................53 Section 12.14. Certain Payments May be Be Paid Prior to Dissolution....................87....53 ARTICLE THIRTEEN

Appears in 1 contract

Sources: Indenture (Collins & Aikman Products Co)

Section 12. 098. Subordination Rights Not Impaired by Acts or Omissions of the Company, the Guarantors or Holders of Guarantor Senior Debt........................................86 ................................................70 SECTION 12.1012.9. Securityholders Authorize Trustee to Effectuate Subordination of Guarantees..................................86 Securities......................71 SECTION 12.10. Right of Trustee to Hold Senior Debt.............................................................71 SECTION 12.11. This Article XII Not to Prevent Events of Default................86 .....................................................71 SECTION 12.12. Trustee's Compensation Not Prejudiced........................86 SECTION 12.13. No Waiver Fiduciary Duty of Guarantee Subordination Provisions..............86 SECTION 12.14. Payments May be Paid Prior Trustee to Dissolution....................87Holders of Senior Debt...........................................71 ARTICLE XIII MISCELLANEOUS

Appears in 1 contract

Sources: Indenture (Compass Aerospace LTD)

Section 12. 0910. Subordination Rights Not Impaired by Acts or Omissions of the Subsidiary Guarantors or Holders of Guarantor Subsidiary Guarantors' Senior Debt........................................86 Indebtedness............................................89 SECTION 12.1012.11. Securityholders Noteholders Authorize Trustee to To Effectuate Subordination of Guarantees..................................86 Notes..........................................................90 SECTION 12.1112.12. This Article Twelve Not to To Prevent Events of Default................86 SECTION 12.12. Trustee's Compensation Not Prejudiced........................86 SECTION 12.13. No Waiver of Guarantee Subordination Provisions..............86 SECTION 12.14. Payments May be Paid Prior to Dissolution....................87...........90 ARTICLE THIRTEEN MISCELLANEOUS

Appears in 1 contract

Sources: Indenture (Terex Corp)

Section 12. 098. Subordination Rights Not Impaired by Acts or Omissions of the Company, the Guarantors or Holders of Guarantor Senior Debt........................................86 ................................ 93 SECTION 12.1012.9. Securityholders Authorize Trustee to Effectuate Subordination of Guarantees..................................86 Securities.......................................................... 94 SECTION 12.10. Right of Trustee to Hold Senior Debt............................................................ 94 SECTION 12.11. This Article XII Not to Prevent Events of Default................86 .................................................... 94 SECTION 12.12. Trustee's Compensation Not Prejudiced........................86 SECTION 12.13. No Waiver Fiduciary Duty of Guarantee Subordination Provisions..............86 SECTION 12.14. Payments May be Paid Prior Trustee to Dissolution....................87Holders of Senior Debt....................................................................... 95 ARTICLE XIII MISCELLANEOUS

Appears in 1 contract

Sources: Indenture (Wichita Manufacturing Inc)

Section 12. 098. Subordination Rights Not Impaired by Acts or Omissions of the Company, the Guarantors or Holders of Guarantor Senior Debt........................................86 ...... 89 SECTION 12.1012.9. Securityholders Authorize Trustee to Effectuate Subordination of Guarantees..................................86 Securities................................ 89 SECTION 12.10. Right of Trustee to Hold Senior Debt........................ 90 SECTION 12.11. This Article XII Not to Prevent Events of Default................86 ................ 90 SECTION 12.12. Trustee's Compensation Not Prejudiced........................86 SECTION 12.13. No Waiver Fiduciary Duty of Guarantee Subordination Provisions..............86 SECTION 12.14. Payments May be Paid Prior Trustee to Dissolution....................87Holders of Senior Debt............................................. 90 ARTICLE XIII MISCELLANEOUS

Appears in 1 contract

Sources: Indenture (Doskocil Manufacturing Co Inc)

Section 12. 0910. Subordination Rights Not Impaired by Acts or Omissions of the Subsidiary Guarantors or Holders of Guarantor Subsidiary Guarantors' Senior Debt........................................86 Indebtedness ..........................97 SECTION 12.1012.11. Securityholders Noteholders Authorize Trustee to To Effectuate Subordination of Guarantees..................................86 Notes ...................................97 SECTION 12.1112.12. This Article Twelve Not to To Prevent Events of Default................86 SECTION 12.12. Trustee's Compensation Not Prejudiced........................86 SECTION 12.13. No Waiver of Guarantee Subordination Provisions..............86 SECTION 12.14. Payments May be Paid Prior to Dissolution....................87Default ......98 ARTICLE THIRTEEN MISCELLANEOUS

Appears in 1 contract

Sources: Indenture (Amida Industries Inc)

Section 12. 09. 8 Subordination Rights Not Impaired by Acts or Omissions of Holdings, the Guarantors or Holders of Guarantor Senior Debt........................................86 Indebtedness............................... 96 SECTION 12.10. 12.9 Securityholders Authorize Trustee to To Effectuate Subordination of Guarantees..................................86 Guarantee........................... 96 SECTION 12.11. 12.10 This Article Not to To Prevent Events of Default................86 ................ 97 SECTION 12.12. 12.11 Trustee's Compensation Not Prejudiced........................86 ........................ 97 SECTION 12.13. 12.12 No Waiver of Guarantee Subordination Provisions..............86 SECTION 12.14. Payments May be Paid Prior to Dissolution....................87.............. 97 ARTICLE XIII MISCELLANEOUS................................................ 97

Appears in 1 contract

Sources: Indenture (Graham Packaging Holdings Co)

Section 12. 09. Subordination Rights Not Impaired by Acts or Omissions of the Guarantors Company or Holders of Guarantor Senior Debt........................................86 SECTION Indebtedness.................................51 Section 12.10. Securityholders Authorize Trustee to To Effectuate Subordination of Guarantees..................................86 SECTION Securities...................................................51 Section 12.11. This Article Not to Prevent Events of Default................86 SECTION ....................................52 Section 12.12. Trustee's Compensation Not Prejudiced........................86 SECTION ............................................52 Section 12.13. No Waiver of Guarantee Subordination Provisions..............86 SECTION 12.14. Payments May be Paid Prior to Dissolution....................87............................................52 -iv-

Appears in 1 contract

Sources: Indenture (Collins & Aikman Products Co)

Section 12. 099. Subordination Rights Not Impaired by Acts or Omissions of the Guarantors or Holders of Guarantor Senior Debt........................................86 Debt of Guarantors..89 SECTION 12.10. Securityholders Authorize Trustee to Effectuate Subordination of Guarantees..................................86 Guarantee.................................90 SECTION 12.11. This Article Not to Prevent Events of Default................86 90 SECTION 12.12. Trustee's Compensation Not Prejudiced........................86 90 SECTION 12.13. No Waiver of Guarantee Subordination Provisions..............86 90 SECTION 12.14. Payments May be Be Paid Prior to Dissolution....................8791 ARTICLE XIII. MISCELLANEOUS

Appears in 1 contract

Sources: Indenture (United Auto Group Inc)

Section 12. 0910. Subordination Rights Not Impaired by Acts or Omissions of the Guarantors or Holders of Guarantor Senior Debt........................................86 ...............................................23 SECTION 12.1012.11. Securityholders Holders Authorize Trustee to To Effectuate Subordination of Guarantees..................................86 Guarantee Obligations....23 SECTION 12.1112.12. This Article Twelve Not to To Prevent Events of Default................86 ..............................23 SECTION 12.1212.13. Trustee's Compensation Not Prejudiced........................86 SECTION 12.13. No Waiver of Guarantee Subordination Provisions..............86 SECTION 12.14. Payments May be Paid Prior to Dissolution....................87.............................................23 ARTICLE THIRTEEN MISCELLANEOUS

Appears in 1 contract

Sources: Indenture (Pacer Express Inc)

Section 12. 09. Subordination Rights Not Impaired by Acts or Omissions of the Guarantors or Holders of Guarantor Senior Debt........................................86 Indebtedness... 71 SECTION 12.10. Securityholders Holders Authorize Trustee to To Effectuate Subordination of Guarantees..................................86 Guarantee.................................................... 71 SECTION 12.11. This Article Not to To Prevent Events of Default................86 ................ 72 SECTION 12.12. Trustee's Compensation Not Prejudiced........................86 ........................ 72 SECTION 12.13. No Waiver of Guarantee Subordination Provisions..............86 .............. 72 SECTION 12.14. Payments May be Be Paid Prior to Dissolution....................87.................... 72 ARTICLE THIRTEEN MISCELLANEOUS

Appears in 1 contract

Sources: Indenture (Fabrene Group Inc)

Section 12. 099. Subordination Rights Not Impaired by Acts or Omissions of the Guarantors or Holders of Guarantor Senior Debt........................................86 SECTION Debt of Guarantors..............................89 Section 12.10. Securityholders Authorize Trustee to Effectuate Subordination of Guarantees..................................86 SECTION Guarantee.....................89 Section 12.11. This Article Not to Prevent Events of Default................86 SECTION ...............89 Section 12.12. Trustee's Compensation Not Prejudiced........................86 SECTION .......................89 Section 12.13. No Waiver of Guarantee Subordination Provisions..............86 SECTION .............90 Section 12.14. Payments May be Be Paid Prior to Dissolution....................87...................90

Appears in 1 contract

Sources: Indenture (United Auto Group Inc)

Section 12. 098. Subordination Rights Not Impaired by Acts or Omissions of the Company, the Guarantors or Holders of Guarantor Senior Debt........................................86 Debt 92 SECTION 12.1012.9. Securityholders Authorize Trustee to Effectuate Subordination of Guarantees..................................86 Securities............................. 92 SECTION 12.10. Right of Trustee to Hold Senior Debt................... 93 SECTION 12.11. This Article XII Not to Prevent Events of Default................86 SECTION 12.12. Trustee's Compensation Not Prejudiced........................86 SECTION 12.13. No Waiver of Guarantee Subordination Provisions..............86 SECTION 12.14. Payments May be Paid Prior to Dissolution....................87.........

Appears in 1 contract

Sources: Indenture (Quality Food Centers Inc)

Section 12. 09. Subordination Rights Not Impaired by Acts or Omissions of the Guarantors or Holders of Guarantor Senior Debt........................................86 Debt of Guarantors...........................................94 SECTION 12.10. Securityholders Authorize Trustee to To Effectuate Subordination of Guarantees..................................86 Guarantee...................................95 SECTION 12.11. This Article Not to To Prevent Events of Default................86 95 SECTION 12.12. Trustee's Compensation Not Prejudiced........................86 95 SECTION 12.13. No Waiver of Guarantee Subordination Provisions..............86 95 SECTION 12.14. Payments May be Be Paid Prior to Dissolution....................8796 ARTICLE THIRTEEN MISCELLANEOUS

Appears in 1 contract

Sources: Indenture (Tekni Plex Inc)

Section 12. 09. Subordination Rights Not Impaired by Acts or Omissions of the Guarantors Company or Holders of Guarantor Senior Debt........................................86 SECTION Indebtedness.................................51 Section 12.10. Securityholders Authorize Trustee to To Effectuate Subordination of Guarantees..................................86 SECTION Securities...................................................51 Section 12.11. This Article Not to Prevent Events of Default................86 SECTION ....................................52 Section 12.12. Trustee's Compensation Not Prejudiced........................86 SECTION ............................................52 Section 12.13. No Waiver of Guarantee Subordination Provisions..............86 SECTION 12.14. Payments May be Paid Prior to Dissolution....................87............................................52

Appears in 1 contract

Sources: Indenture (Collins & Aikman Products Co)

Section 12. 09. Subordination Rights Not Impaired by Acts or Omissions of the Guarantors or Holders of Guarantor Senior Debt........................................86 Debt of Guarantors................................. 67 SECTION 12.10. Securityholders Authorize Trustee to To Effectuate Subordination of Guarantees..................................86 ........................ 67 SECTION 12.11. This Article Not to Prevent Events of Default................86 SECTION 12.12. Trustee's Compensation Not Prejudiced........................86 SECTION 12.13. No Waiver of Guarantee Subordination Provisions..............86 SECTION 12.14. Payments May be Paid Prior to Dissolution....................87....

Appears in 1 contract

Sources: Indenture (Aep Industries Inc)

Section 12. 09. Subordination Rights Not Impaired by Acts or Omissions of the Guarantors or Holders of Guarantor Senior Debt........................................86 Indebtedness.................................... 78 SECTION 12.10. Securityholders Holders Authorize Trustee to To Effectuate Subordination of Guarantees..................................86 Guarantee........................................... 79 SECTION 12.11. This Article Not to To Prevent Events of Default................86 ........... 79 SECTION 12.12. Trustee's Compensation Not Prejudiced........................86 ................... 79 SECTION 12.13. No Waiver of Guarantee Subordination Provisions..............86 ......... 79 SECTION 12.14. Payments May be Be Paid Prior to Dissolution....................87............... 79 ARTICLE THIRTEEN MISCELLANEOUS

Appears in 1 contract

Sources: Indenture (St John Knits Inc)