Common use of Securities Subordinate to Senior Indebtedness Clause in Contracts

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, by its acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article, the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 28 contracts

Samples: Indenture (FCB/Sc Capital Trust I), First Empire Capital Trust Ii, Fidelity Bancshares Nc Inc /De/

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Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, by its his acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article, the indebtedness represented by the Securities and the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 27 contracts

Samples: Indenture (Wesbanco Inc), Indenture (Wesbanco Inc), Indenture (Wesbanco Inc)

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, by its acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article, the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 26 contracts

Samples: Junior Subordinated Indenture (American Safety Insurance Group LTD), Indenture (Citizens Banking Corp), Indenture (First Tennessee National Corp)

Securities Subordinate to Senior Indebtedness. The Company Corporation covenants and agrees, and each Holder of a Security, by its acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article, the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 12 contracts

Samples: Indenture (Bank of New York Co Inc), Bb&t Capital Trust I, Northern Trust Corp

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, by its his acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article, the indebtedness represented by the Securities and the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior IndebtednessIndebtedness of the Company.

Appears in 11 contracts

Samples: Indenture (Church & Dwight Co Inc /De/), Indenture (FMC Corp), Indenture (FMC Corp)

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, by its his acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this ArticleArticle XII, the indebtedness represented by the Securities and the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of the Securities and all obligations of each and every series the Company under this Indenture are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 5 contracts

Samples: Indenture (Human Genome Sciences Inc), Indenture (Affymetrix Inc), Indenture (Affymetrix Inc)

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, by its his acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this ArticleArticle Seventeen, the indebtedness represented by the Securities and the payment of the principal of (and of, premium, if any) , and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 4 contracts

Samples: Indenture (Thermo Electron Corp), Indenture (Thermo Instrument Systems Inc), Indenture (Thermotrex Corp)

Securities Subordinate to Senior Indebtedness. The Company Corporation covenants and agrees, and each Holder of a Security, by its acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this ArticleArticle XIII, the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 4 contracts

Samples: Indenture (Centura Banks Inc), Southern States Capital Trust I, Bt Preferred Capital Trust Iv

Securities Subordinate to Senior Indebtedness. The Company Corporation covenants and agrees, and each Holder of a Security, by its acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article, the payment of the principal of (and premium, if any) any premium and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 3 contracts

Samples: Indenture (Everest Re Capital Trust Iii), Everest Re Capital Trust, Everest Re Group LTD

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, by its acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article, the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all amounts then due and payable in respect of all Senior Indebtedness.

Appears in 3 contracts

Samples: Trust Agreement (Usf&g Corp), Agreement (Usf&g Corp), Chubb Capital Trust Iii

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, Security by its such Holder's acceptance thereof, thereof likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this ArticleArticle Eleven, the indebtedness represented by the Securities and the payment of the any principal of (and premiumamount, Redemption Price, interest and/or Original Issue Discount, if any) , and interest (including any Additional Interest) on other amounts payable as contemplated by Section 2.3 in respect of each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 3 contracts

Samples: Satisfaction And (Enhance Financial Services Group Inc), Satisfaction And (Enhance Financial Services Group Inc), Cna Financial Corp

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, by its his acceptance thereof, whether upon original issue or upon transfer or assignment, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Articleforth, the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of the Securities of each and every series are is hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 3 contracts

Samples: First Supplemental Indenture (Inacom Corp), Remington Oil & Gas Corp, Anadarko Petroleum Capital Trust Iii

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, Security by its such Holder's acceptance thereof, thereof likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this ArticleArticle Sixteen, the indebtedness represented by the Securities and the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on interest, if any, in respect of each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 3 contracts

Samples: Indenture (Bergen Brunswig Corp), Indenture (Bergen Brunswig Corp), Motorola Inc

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, by its his acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article, the indebtedness represented by the Securities and the payment of the principal of (and of, premium, if any) , and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 3 contracts

Samples: Indenture (Atlas Air Worldwide Holdings Inc), Atlas Air Worldwide Holdings Inc, Indenture (Xtra Missouri Inc)

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, by its his acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article, the indebtedness represented by the Securities and the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 2 contracts

Samples: Microsoft Corp, Microsoft Corp

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, by its acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article, the payment of the principal of (and premium, if any) and interest (including any Additional Interestinterest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 2 contracts

Samples: BNB Capital Trust, Broad National Bancorporation

Securities Subordinate to Senior Indebtedness. The Company Issuer covenants and agrees, and each Holder of a Security, by its acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article, the payment of the principal of (and premium, if any) , and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 2 contracts

Samples: Indenture (Idacorp Trust Iii), Indenture (Idacorp Trust Iii)

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a SecuritySecurity of any series, by its his acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article, the indebtedness represented by the Securities of such series and the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and of all of the Securities of each and every such series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 2 contracts

Samples: Popular International Bank Inc, Banponce Corp

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, by its his acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this ArticleArticle (subject to the provisions of Article Four), the indebtedness represented by the Securities and the payment of the principal of (and premium, if any) and interest (including on, and any Additional Interest) on payment of the Repurchase Price with respect to, each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 2 contracts

Samples: Indenture (DSC Communications Corp), Sports Authority Inc /De/

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, by its his acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this ArticleArticle (subject to Article Four), the payment of the principal of (and of, premium, if any) , and interest (including any Additional Interest, if any) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full in cash of all Senior Indebtedness.

Appears in 2 contracts

Samples: Indenture (Semco Capital Trust Iii), Indenture (Semco Capital Trust)

Securities Subordinate to Senior Indebtedness. (a) The Company covenants and agrees, and each Holder of a SecurityDebenture, by its his acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this ArticleArticle (subject to Article Four the Base Indenture), the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of the Securities of each and every series are Debentures is hereby expressly made subordinate and subject in right of payment to the prior payment in full in cash of all Senior Indebtedness.

Appears in 2 contracts

Samples: Allstate Corp, Allstate Corp

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, by its his acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this ArticleArticle XII, the indebtedness represented by the Securities and the payment of the principal of (and premium, if any (including the Make-Whole Payment, if any) ), and interest (including any Additional Interest) on each and all of the Securities and all obligations of each and every series the Company under this Indenture are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 2 contracts

Samples: Human Genome Sciences Inc, Human Genome Sciences Inc

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, by its acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article, the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 2 contracts

Samples: Mason Dixon Capital Trust Ii, Gold Banc Corp Inc

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a SecuritySecurity or coupon, by its his acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article, the indebtedness represented by the Securities and the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of the Securities and the payment of each and every series any coupon are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 2 contracts

Samples: Royal Gold Inc /De/, Royal Gold Inc /De/

Securities Subordinate to Senior Indebtedness. The Company Corporation covenants and agrees, and each Holder of a Security, by its his acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article, the indebtedness represented by the Securities and the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 2 contracts

Samples: Wellcare Health Plans, Inc., Wellcare Health Plans, Inc.

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a SecuritySecurity of any series, by its his acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article, the indebtedness represented by the Securities of such series and the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of the Securities of each and every such series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 2 contracts

Samples: Indenture (Raytheon Co/), Wellman Inc

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, by its acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article, the payment of the principal of (and premium, if any) any premium and interest (including any Additional Interest) on and any Additional Amounts with respect to each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 2 contracts

Samples: Everest Re Capital Trust Iii, Everest Re Group LTD

Securities Subordinate to Senior Indebtedness. The Company Corporation covenants and agrees, and each Holder of a Security, by its acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this ArticleArticle XIII, the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject junior in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 2 contracts

Samples: Trust Agreement (DPL Inc), First Hawaiian Capital I

Securities Subordinate to Senior Indebtedness. (a) The Company covenants and agrees, and each Holder of a Security, by its his acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this ArticleArticle (subject to Article Four), the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full in cash of all Senior Indebtedness.

Appears in 2 contracts

Samples: Ormat Technologies, Inc., Ipc Holdings LTD

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, Security by its his acceptance thereof, thereof likewise covenants and agrees, agrees that, to the extent and in the manner hereinafter set forth in this Article, the indebtedness represented by the Securities and the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 2 contracts

Samples: Phoenix Duff & Phelps Corp, Phoenix Companies Inc/De

Securities Subordinate to Senior Indebtedness. (a) The Company covenants and agrees, and each Holder of a Security, by its his acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this ArticleArticle (subject to Article XI), the payment of the principal of (and of, premium, if any) , and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full in cash of all Senior Indebtedness.

Appears in 2 contracts

Samples: Indenture (Affiliated Managers Group, Inc.), Indenture (Affiliated Managers Group, Inc.)

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a SecuritySecurity of a series designated as subordinated pursuant to Section 3.01, by its acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article, the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of the Securities of each and every such series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 2 contracts

Samples: Northern Trust Corp, Indenture (Northern Trust Corp)

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, by its acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article, indebtedness represented by the Securities and the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all amounts then due and payable in respect of all Senior Indebtedness.

Appears in 2 contracts

Samples: Indenture (International Paper Co /New/), International Paper Capital Trust Iii

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, by its acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article, the payment of the principal of (and of, premium, if any) , and interest (including any Additional Interest) on each 76 83 and all of the Securities of each and every series are is hereby expressly made subordinate and subject in right of payment to the prior payment in full in cash of all Senior Indebtedness.

Appears in 1 contract

Samples: American General Corp /Tx/

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a SecuritySecurity or coupon, by its his acceptance thereof, whether upon original issue or upon transfer or assignment, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Articleforth, the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.of

Appears in 1 contract

Samples: Snyder Oil Corp

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, by its his acceptance thereof, likewise covenants and agrees, that, notwithstanding anything to the contrary contained herein, to the extent and in the manner hereinafter set forth in this Article, the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.indebtedness represented by the

Appears in 1 contract

Samples: Enron Capital Trust I

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, by its acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article, the payment of the principal of (and premium, if any) , and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 1 contract

Samples: Covanta Capital Trust Iii

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, Security or coupon by its his acceptance thereof, thereof likewise covenants and agrees, agrees that, to the extent and in the manner hereinafter set forth in this Article, the indebtedness represented by the Securities and the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of the Securities and the payment of each and every series any coupon are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 1 contract

Samples: Noble Affiliates Inc

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Securities Subordinate to Senior Indebtedness. The Company Issuer covenants and agrees, and each Holder of a Security, by its acceptance thereof, whether upon original issue or upon transfer or assignment, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Articleforth, the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of the Securities of each and every series are is hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 1 contract

Samples: Indenture (Murphy Oil Corp /De)

Securities Subordinate to Senior Indebtedness. The Company Corporation covenants and agrees, and each Holder of a Security, by its acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this ArticleArticle XIII, the payment of the principal of (and premium, if -77- any) and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 1 contract

Samples: Bt Capital Trust B

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, by its acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article, the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.this

Appears in 1 contract

Samples: Pfbi Capital Trust

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, Security by its such Holder's acceptance thereof, thereof likewise covenants and agrees, that, to the extent xxx xxtent and in the manner hereinafter set forth in this ArticleArticle 10, the indebtedness represented by the Securities and the payment of the principal of (Principal Amount, Issue Price, accrued Original Issue Discount, Redemption Price, Purchase Price and premiuminterest, if any) and interest (including any Additional Interest) on , in respect of each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 1 contract

Samples: Indenture (Bergen Brunswig Corp)

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, by its his acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article, the indebtedness represented by the Securities and the payment of the principal of (and premium, if of any) and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 1 contract

Samples: Amsouth Bancorporation

Securities Subordinate to Senior Indebtedness. The Company Group covenants and agrees, and each Holder of a Security, by its acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article, the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 1 contract

Samples: Subordinated Indenture (Delphi Financial Group Inc/De)

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, Security by its his acceptance thereof, thereof likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this ArticleArticle XI, the indebtedness represented by the Securities and the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.. SECTION 11.2

Appears in 1 contract

Samples: Laboratory Corp of America Holdings

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, by its acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this ArticleArticle (subject to Article IV), the payment of the principal of (and premium, if any) and interest (including any Additional InterestSums and Additional Amounts, if any) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all amounts then due and payable in respect of all Senior IndebtednessIndebtedness of the Company.

Appears in 1 contract

Samples: Fresenius National Medical Care Holdings Inc

Securities Subordinate to Senior Indebtedness. The Except as otherwise provided in a supplemental indenture or pursuant to Section 301 the Company covenants and agrees, and each Holder of a Security, by its acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article, the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of in debtedness represented by the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.payment

Appears in 1 contract

Samples: Indenture (Forest City Enterprises Inc)

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, by its his acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this ArticleArticle (subject to the provisions of Article Four), the indebtedness represented by the Securities and the payment of the principal of (and premium, if any) and interest (including on, 105 and any Additional Interest) on payment of the Repurchase Price with respect to, each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 1 contract

Samples: Indenture (Alcatel Usa Inc)

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a SecuritySecurities, by its such Holder's acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this ArticleArticle 13, the indebtedness represented by the Securities and the payment of the principal of (and premium, if any) ), and interest (including any Additional Interest) on each and all of other amounts payable under the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 1 contract

Samples: Earthweb Inc

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, by its acceptance thereof, likewise covenants and agrees, that, notwithstanding anything to the contrary contained herein, to the extent and in the manner hereinafter set forth in this Article, the indebtedness represented by the Securities and the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full in cash or cash equivalents of all Senior Indebtedness.

Appears in 1 contract

Samples: Rouse Company

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, by its acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article, the payment of the principal of (and of, premium, if any) , and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.each

Appears in 1 contract

Samples: American General Capital Iv

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a SecuritySecurities, by its such Holder's acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this ArticleArticle 13, the indebtedness -- represented by the Securities and the payment of the principal of (and premium, if any) ), and interest (including any Additional Interest) on each and all of other amounts payable under the Securities of each and every series are is hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 1 contract

Samples: Indenture (Interliant Inc)

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a SecuritySecurities, by its acceptance thereof, likewise covenants and agrees, for the benefit of the holders, from time to time, of Senior Indebtedness that, to the extent and in the manner hereinafter set forth in this Article, the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.this

Appears in 1 contract

Samples: Centennial Puerto Rico Operations Corp

Securities Subordinate to Senior Indebtedness. - 61 - The Company covenants and agrees, and each Holder of a Security, by its acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article, the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 1 contract

Samples: Sun Capital Trust

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, by its his acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this ArticleArticle (subject to the provisions of Article Four), the indebtedness represented by the Securities and the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 1 contract

Samples: Indenture (Bryan College Station Financial Holding Co)

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, by its his acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article, the indebtedness represented by the Securities and the payment of the principal of (and of, premium, if any) and , accrued interest (including any Additional Interest) on on, the Redemption Price or Purchase Price in respect of, each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 1 contract

Samples: Indenture (Noble International LTD)

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, by its his acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this ArticleArticle (subject to the provisions of Article IV), the Indebtedness represented by the Securities and the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 1 contract

Samples: Securities Indenture (Western Wireless Corp)

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, Security by its his acceptance thereof, thereof likewise covenants and agrees, agrees that, to the extent and in the manner hereinafter set forth in this Article, the indebtedness represented by the Securities and the payment of the principal of (and premium, if any) and interest (including any Additional InterestLiquidated Damages) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 1 contract

Samples: Indenture (Offshore Logistics Inc)

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, by its his acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article, Article Sixteen the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of the Securities of each and every series are Subordinated Indebtedness is hereby expressly made subordinate and subject in right of payment to the prior payment in full in cash of all Senior Indebtedness.

Appears in 1 contract

Samples: Abc Rail Products Corp

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, by its acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this ArticleArticle (subject to the provisions of Article Four), the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all amounts then due and payable in respect of all Senior Indebtedness.

Appears in 1 contract

Samples: Trust Agreement (Usf&g Corp)

Securities Subordinate to Senior Indebtedness. 107 The Company covenants and agrees, and each Holder of a Security, by its his acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this ArticleArticle Seventeen, the indebtedness represented by the Securities and the payment of the principal of (and of, premium, if any) , and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 1 contract

Samples: Thermo Electron Corp

Securities Subordinate to Senior Indebtedness. The Company covenants and agrees, and each Holder of a Security, Security by its this acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article, the indebtedness represented by the Securities and the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior IndebtednessIndebtedness permitted to be incurred pursuant to the terms of this Indenture.

Appears in 1 contract

Samples: Indenture (Autobond Acceptance Corp)

Securities Subordinate to Senior Indebtedness. The Except as otherwise provided in a supplemental indenture or pursuant to Section 301 the Company covenants and agrees, and each Holder of a Security, by its acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article, the in debtedness represented by the Securities and the payment of the principal of (and premium, if any) any premium and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 1 contract

Samples: Indenture (Forest City Enterprises Inc)

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