Senior Unsecured Debt. The Private Placement Debt and any other unsecured Indebtedness of Borrower with a principal amount in excess of $15 million that is not in any manner subordinated in right of payment or security in any respect to the Indebtedness of Borrower under this Credit Agreement.
Senior Unsecured Debt. Borrower will not (i) amend or enter into any agreement to amend or otherwise change the Indenture or any agreement or instrument executed in connection therewith; (ii) fail to comply in any material respect with the provisions of the Indenture; or (iii) except as specifically required by the Indenture, make any prepayment of amounts owing under the Senior Unsecured Notes.
Senior Unsecured Debt. Borrower shall maintain no funds on deposit with, shall not acquire any certificates of deposit or other financial instruments from, nor hold any Indebtedness owing to Borrower by, any Senior Unsecured Bank unless such Senior Unsecured Bank shall first have executed a written agreement in favor of Lenders (in form and substance acceptable to Lenders) subordinating or waiving its rights to set-off or to assert any "bankers lien." Borrower shall comply at all times with all terms and conditions set forth in any document or instrument evidencing any Senior Unsecured Debt and shall take all other actions as may be necessary to ensure that at all times (before or after the expiration of any applicable grace periods), no Senior Unsecured Bank shall have the right to accelerate the maturity of any installment of the Senior Unsecured Debt. ARTICLE 8
Senior Unsecured Debt. As of the Closing Date, Borrower has delivered to Agent a complete and correct copy of the Senior Unsecured Notes (including all schedules, exhibits, amendments, supplements, modifications, assignments and all other documents delivered pursuant thereto or in connection therewith). Borrower has the corporate power and authority to incur the Indebtedness evidenced by the Senior Unsecured Notes. All Obligations, including the Obligations to pay principal of and interest on the Revolving Credit Advances and the Letter of Credit Obligations, constitute Indebtedness with claims against the Collateral senior in priority to the Senior Unsecured Debt.
Senior Unsecured Debt. The Borrower shall have used its best efforts to issue the High-Yield Notes and shall, in any event, have issued the Senior Unsecured Debt and received the net proceeds thereof.
Senior Unsecured Debt. Permit, at any time during which Borrower does not have an Investment Grade Rating, (a) the Total Outstandings to exceed the Borrowing Base Availability or (b) the Borrowing Base Availability to be less than zero (0).
Senior Unsecured Debt. 80 9.17 Sale and Leaseback.................................................................................80 9.18
Senior Unsecured Debt. Effect or permit any change in or amendment to any document or instrument pertaining to the terms of payment or required prepayments of any Senior Unsecured Debt, effect or permit any change in or amendment to any document or instrument pertaining to the covenants or events of default of any Senior Unsecured Debt if the effect of any such change or amendment is to make such covenants or events of default more restrictive, give any notice of optional redemption or optional prepayment or offer to repurchase under any such document or instrument, or, directly or indirectly, make any payment of principal of or interest on or in redemption, retirement or repurchase of any Senior Unsecured Debt, except for the scheduled payments required by the terms of the documents and instruments evidencing Senior Unsecured Debt.
Senior Unsecured Debt. Senior Unsecured Debt of Company: $____________ Line O.1 not to exceed $300,000,000 P. SECTION 7.06(P): OTHER INDEBTEDNESS AND CONTINGENT OBLIGATIONS FOR OTHER ------------------------------------------------------------------------- THAN BORROWED MONEY. -------------------
Senior Unsecured Debt. 80 7.14 Minimum Adjusted Tangible Net Worth.................................. 81 7.15
