Securities Senior to Subordinated Indebtedness. The indebtedness represented by the Securities will be senior and prior in right of payment to all Subordinated Indebtedness, to the extent and in the manner provided in such Subordinated Indebtedness.
Appears in 10 contracts
Samples: Indenture (Alternative Living Services Inc), Indenture (Sizeler Property Investors Inc), Indenture (American Retirement Corp)
Securities Senior to Subordinated Indebtedness. The indebtedness represented by the Securities of any series will be senior and prior in right of payment to all Subordinated Indebtedness, to the extent and in the manner provided in such Subordinated Indebtedness.
Appears in 3 contracts
Samples: Indenture (Assisted Living Concepts Inc), Indenture (Santa Anita Realty Enterprises Inc), Indenture (Assisted Living Concepts Inc)
Securities Senior to Subordinated Indebtedness. The indebtedness represented by the Securities will be senior and prior in right of payment to the principal and interest on all Subordinated Indebtedness, to the extent and in the manner provided in such Subordinated Indebtedness.
Appears in 1 contract
Samples: Indenture (Progressive Corp/Oh/)
Securities Senior to Subordinated Indebtedness. The indebtedness represented by the Securities will be senior and prior in right of payment to all Subordinated Indebtedness, to the extent and in the manner provided in such Subordinated Indebtedness.. ARTICLE SEVEN
Appears in 1 contract
Samples: Subordinated Indenture (Liberty Property Limited Partnership)
Securities Senior to Subordinated Indebtedness. The indebtedness represented by the Securities will be senior and prior in right of payment to all Subordinated Indebtednesssubordinated indebtedness, to the extent and in the manner provided in such Subordinated Indebtednesssubordinated indebtedness.
Appears in 1 contract
Samples: Indenture (National Healthcare Corp)