Common use of Section 12 Clause in Contracts

Section 12. 8 Subordination Rights Not Impaired by Acts or Omissions of the Company or Holders of Senior Indebtedness......... 95 Section 12.9 Securityholders Authorize Trustee to Effectuate Subordination of Securities.............................. 95 Section 12.10 Right of Trustee to Hold Senior Indebtedness............. 96 Section 12.11 Article Twelve Not to Prevent Events of Default.......... 96

Appears in 1 contract

Samples: Indenture (Us Foodservice/Md/)

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Section 12. 8 09. Subordination Rights Not Impaired by Acts or Omissions of the Company or Holders of Senior Indebtedness......... 95 .................................51 Section 12.9 12.10. Securityholders Authorize Trustee to To Effectuate Subordination of Securities.............................. 95 ...................................................51 Section 12.10 Right of Trustee to Hold Senior Indebtedness............. 96 Section 12.11 12.11. This Article Twelve Not to Prevent Events of Default.......... 96....................................52 Section 12.12. Trustee's Compensation Not Prejudiced............................................52 Section 12.13. No Waiver of Subordination Provisions............................................52

Appears in 1 contract

Samples: Collins & Aikman Products Co

Section 12. 8 10. Subordination Rights Not Impaired by Acts or Omissions of the Company Subsidiary Guarantors or Holders of Subsidiary Guarantors' Senior Indebtedness......... 95 Section 12.9 Securityholders ............................................89 SECTION 12.11. Noteholders Authorize Trustee to To Effectuate Subordination of Securities.............................. 95 Section 12.10 Right of Trustee to Hold Senior Indebtedness............. 96 Section 12.11 Notes..........................................................90 SECTION 12.12. This Article Twelve Not to To Prevent Events of Default.......... 96...........90 ARTICLE THIRTEEN MISCELLANEOUS

Appears in 1 contract

Samples: Indenture (Terex Corp)

Section 12. 8 8. Subordination Rights Not Impaired by Acts or Omissions of the Company or Holders of Senior Indebtedness......... 95 Section 12.9 ............ 54 SECTION 12.9. Securityholders Authorize Trustee to Effectuate Subordination of Securities.............................. 95 Section 12.10 55 SECTION 12.10. Right of Trustee to Hold Senior Indebtedness............. 96 Section 12.11 55 SECTION 12.11. Article Twelve XII Not to Prevent Events of Default.......... 96............. 55 SECTION 12.12. No Duty of Trustee and Other Agents to Holders of Senior Indebtedness...................................... 55

Appears in 1 contract

Samples: Halter Marine Group Inc

Section 12. 8 7 Subordination Rights Not Impaired by Acts or Omissions of the Company or Holders of Senior Indebtedness......... 95 .................................................................................62 Section 12.9 12.8 Securityholders Authorize Trustee to Effectuate Subordination of Securities.............................. 95 ....................62 Section 12.10 12.9 Right of Trustee to Hold Senior Indebtedness............. 96 ...................................................63 Section 12.11 12.10 Article Twelve XII Not to Prevent Events of Default.......... 96...................................................63 Section 12.11 No Duty of Trustee and Other Agents to Holders of Senior Indebtedness..........................63 Section 12.12 Amendments.....................................................................................64 ARTICLE XIII

Appears in 1 contract

Samples: Arris Group Inc

Section 12. 8 09. Subordination Rights Not Impaired by Acts or Omissions of the Company Guarantor or Holders of Guarantor Senior Indebtedness......... 95 Section 12.9 Indebtedness ............................................ 78 SECTION 12.10. Securityholders Authorize Trustee to Effectuate Subordination of SecuritiesGuarantee .............................. 95 Section 12.10 Right of Trustee to Hold Senior Indebtedness............. 96 Section 12.11 78 SECTION 12.11. This Article Twelve Not to Prevent Events of DefaultDefault ............ 79 SECTION 12.12. Trustee's Compensation Not Prejudiced .................... 79 SECTION 12.13. No Waiver of Guarantee Subordination Provisions .......... 9679 SECTION 12.14. Payments May Be Paid Prior to Dissolution ................ 79 ARTICLE THIRTEEN MISCELLANEOUS

Appears in 1 contract

Samples: Fedders North America Inc

Section 12. 8 9. Subordination Rights Not Impaired by Acts or Omissions of the Company Guarantors or Holders of Senior Indebtedness......... 95 Debt of Guarantors..............................89 Section 12.9 12.10. Securityholders Authorize Trustee to Effectuate Subordination of Securities.............................. 95 Guarantee.....................89 Section 12.10 Right of Trustee to Hold Senior Indebtedness............. 96 Section 12.11 12.11. This Article Twelve Not to Prevent Events of Default.......... 96...............89 Section 12.12. Trustee's Compensation Not Prejudiced.......................89 Section 12.13. No Waiver of Guarantee Subordination Provisions.............90 Section 12.14. Payments May Be Paid Prior to Dissolution...................90

Appears in 1 contract

Samples: United Auto Group Inc

Section 12. 8 09. Subordination Rights Not Impaired by Acts or Omissions of the Company or Holders of Senior Indebtedness......... 95 .................................51 Section 12.9 12.10. Securityholders Authorize Trustee to To Effectuate Subordination of Securities.............................. 95 ...................................................51 Section 12.10 Right of Trustee to Hold Senior Indebtedness............. 96 Section 12.11 12.11. This Article Twelve Not to Prevent Events of Default.......... 96....................................52 Section 12.12. Trustee's Compensation Not Prejudiced............................................52 Section 12.13. No Waiver of Subordination Provisions............................................52 -iv-

Appears in 1 contract

Samples: Collins & Aikman Products Co

Section 12. 8 8. Subordination Rights Not Impaired by Acts or Omissions of the Company Company, the Guarantors or Holders of Senior Indebtedness......... 95 Section 12.9 Debt................................ 93 SECTION 12.9. Securityholders Authorize Trustee to Effectuate Subordination of Securities.............................. 95 Section 12.10 .......................................................... 94 SECTION 12.10. Right of Trustee to Hold Senior Indebtedness............. 96 Section 12.11 Debt............................................................ 94 SECTION 12.11. Article Twelve XII Not to Prevent Events of Default.......... 96.................................................... 94 SECTION 12.12. No Fiduciary Duty of Trustee to Holders of Senior Debt....................................................................... 95 ARTICLE XIII MISCELLANEOUS

Appears in 1 contract

Samples: Tia Indenture (Wichita Manufacturing Inc)

Section 12. 8 09. Subordination Rights Not Impaired by Acts or Omissions of the Company Guarantors or Holders of Guarantor Senior Indebtedness......... 95 Section 12.9 Debt........................................86 SECTION 12.10. Securityholders Authorize Trustee to Effectuate Subordination of Securities.............................. 95 Section 12.10 Right of Trustee to Hold Senior Indebtedness............. 96 Section 12.11 Guarantees..................................86 SECTION 12.11. This Article Twelve Not to Prevent Events of Default.......... 96................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

Samples: Indenture (Scientific Games Corp)

Section 12. 8 10. Subordination Rights Not Impaired by Acts or Omissions of the Company Subsidiary Guarantors or Holders of Subsidiary Guarantors' Senior Indebtedness......... ....... 95 Section 12.9 Securityholders SECTION 12.11. Noteholders Authorize Trustee to To Effectuate Subordination of SecuritiesNotes.............................. 95 Section 12.10 Right of Trustee to Hold Senior Indebtedness............. 96 Section 12.11 SECTION 12.12. This Article Twelve Not to To Prevent Events of Default.......... 96............................................. 96 ARTICLE THIRTEEN MISCELLANEOUS

Appears in 1 contract

Samples: HCC Industries International

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Section 12. 8 8. Subordination Rights Not Impaired by Acts or Omissions of the Company or Holders of Senior Indebtedness......... 95 Section 12.9 ........... 63 SECTION 12.9. Securityholders Authorize Trustee to Effectuate Subordination of Securities.............................. 95 Section 12.10 Debentures............................... 64 SECTION 12.10. Right of Trustee to Hold Senior Indebtedness............. 96 Section 12.11 ............................. 64 SECTION 12.11. Article Twelve XII Not to Prevent Events of Default.......... 96.................................. 64 SECTION 12.12. No Fiduciary Duty of Trustee to Holders of Senior Indebtedness................... 65 ARTICLE XIII

Appears in 1 contract

Samples: Indenture (Pride Petroleum Services Inc)

Section 12. 8 8. Subordination Rights Not Impaired by Acts or Omissions of the Company or Holders of Senior Indebtedness......... 95 Section 12.9 ........................ 54 SECTION 12.9. Securityholders Authorize Trustee to Effectuate Subordination of Securities.............................. 95 Section 12.10 .......................................... 55 SECTION 12.10. Right of Trustee to Hold Senior Indebtedness............. 96 Section 12.11 ......................... 55 SECTION 12.11. Article Twelve XII Not to Prevent Events of Default.......... 96......................... 55 SECTION 12.12. No Duty of Trustee and Other Agents to Holders of Senior Indebtedness......................................................... 56 ARTICLE XIII

Appears in 1 contract

Samples: May & Speh Inc

Section 12. 8 09. Subordination Rights Not Impaired by Acts or Omissions of the Company Guarantors or Holders of Senior Indebtedness......... 95 Section 12.9 Debt of Guarantors............................ 97 SECTION 12.10. Securityholders Authorize Trustee to To Effectuate Subordination of Securities.............................. 95 Section 12.10 Right of Trustee to Hold Senior Indebtedness............. 96 Section 12.11 Guarantee........................... 97 SECTION 12.11. This Article Twelve Not to To Prevent Events of Default.......... 96........... 98 SECTION 12.12. Trustee's Compensation Not Prejudiced................... 98 SECTION 12.13. No Waiver of Guarantee Subordination Provisions......... 98 SECTION 12.14. Payments May Be Paid Prior to Dissolution............... 98 ARTICLE THIRTEEN MISCELLANEOUS

Appears in 1 contract

Samples: Indenture (Pen Tab Industries Inc)

Section 12. 8 8. Subordination Rights Not Impaired by Acts or Omissions of the Company Company, the Guarantors or Holders of Senior Indebtedness......... 95 Section 12.9 Debt...... 89 SECTION 12.9. Securityholders Authorize Trustee to Effectuate Subordination of Securities.............................. 95 Section 12.10 ................................ 89 SECTION 12.10. Right of Trustee to Hold Senior Indebtedness............. 96 Section 12.11 Debt........................ 90 SECTION 12.11. Article Twelve XII Not to Prevent Events of Default.......... 96................ 90 SECTION 12.12. No Fiduciary Duty of Trustee to Holders of Senior Debt............................................. 90 ARTICLE XIII MISCELLANEOUS

Appears in 1 contract

Samples: Doskocil Manufacturing Co Inc

Section 12. 8 Subordination Rights Not Impaired by Acts or Omissions of Holdings, the Company Guarantors or Holders of Senior Indebtedness......... 95 Section ............................... 96 SECTION 12.9 Securityholders Authorize Trustee to To Effectuate Subordination of Securities.............................. 95 Section Guarantee........................... 96 SECTION 12.10 Right of Trustee to Hold Senior Indebtedness............. 96 Section 12.11 This Article Twelve Not to To Prevent Events of Default.......... 96................ 97 SECTION 12.11 Trustee's Compensation Not Prejudiced........................ 97 SECTION 12.12 No Waiver of Guarantee Subordination Provisions.............. 97 ARTICLE XIII MISCELLANEOUS................................................ 97

Appears in 1 contract

Samples: Graham Packaging Holdings Co

Section 12. 8 10. Subordination Rights Not Impaired by Acts or Omissions of the Company Subsidiary Guarantors or Holders of Subsidiary Guarantors' Senior Indebtedness......... 95 Section 12.9 Securityholders Indebtedness ..........................97 SECTION 12.11. Noteholders Authorize Trustee to To Effectuate Subordination of Securities.............................. 95 Section 12.10 Right of Trustee to Hold Senior Indebtedness............. 96 Section 12.11 Notes ...................................97 SECTION 12.12. This Article Twelve Not to To Prevent Events of Default.......... 96Default ......98 ARTICLE THIRTEEN MISCELLANEOUS

Appears in 1 contract

Samples: Indenture (Amida Industries Inc)

Section 12. 8 8. Subordination Rights Not Impaired by Acts or Omissions of the Company Company, the Guarantors or Holders of Senior Indebtedness......... 95 Section 12.9 Debt................................................70 SECTION 12.9. Securityholders Authorize Trustee to Effectuate Subordination of Securities.............................. 95 Section 12.10 ......................71 SECTION 12.10. Right of Trustee to Hold Senior Indebtedness............. 96 Section 12.11 Debt.............................................................71 SECTION 12.11. Article Twelve XII Not to Prevent Events of Default.......... 96.....................................................71 SECTION 12.12. No Fiduciary Duty of Trustee to Holders of Senior Debt...........................................71 ARTICLE XIII MISCELLANEOUS

Appears in 1 contract

Samples: Compass Aerospace LTD

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