Common use of Status as Senior Indebtedness Clause in Contracts

Status as Senior Indebtedness. The Obligations constitute “Senior Indebtedness” and “Designated Senior Indebtedness” (or any comparable terms) under and as defined in the documentation governing any applicable contractually subordinated Junior Financing Documents.

Status as Senior Indebtedness. The Obligations under the Facilities constitute “Senior Indebtednesssenior debt”, “senior indebtedness”, “guarantor senior debt”, “senior secured financing” and “Designated Senior Indebtednessdesignated senior indebtedness” (or any comparable termsterm) under and as defined for all Indebtedness (if any) that is subordinated in right of payment to the documentation governing any applicable contractually subordinated Junior Financing DocumentsObligations.

Status as Senior Indebtedness. The Obligations constitute “Senior Indebtednesssenior indebtedness” and “Designated Senior Indebtedness” (or any comparable terms) under and as defined in the documentation governing any applicable contractually subordinated Junior Financing DocumentsDocumentation.

Status as Senior Indebtedness. The Obligations under the Facilities constitute “Senior Indebtednesssenior debt,” “senior indebtedness,” “guarantor senior debt,” “senior secured financing” and “Designated Senior Indebtednessdesignated senior indebtedness” (or any comparable termsterm) under for all Indebtedness (if any) that is subordinated in right of payment to the Obligations. Notwithstanding anything herein or in any other Loan Document to the contrary, no officer of any Group Member shall have any personal liability in connection with the representations and as defined warranties and other certifications in the documentation governing this Agreement or any applicable contractually subordinated Junior Financing Documentsother Loan Document.

Status as Senior Indebtedness. The Obligations under the Facilities constitute a “Senior IndebtednessSecured Credit Facility” under the Senior Notes and “senior debt”, “senior indebtedness”, “guarantor senior debt”, “senior secured financing” and “Designated Senior Indebtednessdesignated senior indebtedness” (or any comparable termsterm) under and as defined for all Indebtedness (if any) that is subordinated in right of payment to the documentation governing any applicable contractually subordinated Junior Financing DocumentsObligations.

Status as Senior Indebtedness. The All Obligations constitute “Senior Indebtedness” and “Designated Senior Indebtedness” (pursuant to any intercreditor or any comparable terms) under and as defined in the documentation governing any applicable contractually subordinated Junior Financing Documentssubordination agreements.

Status as Senior Indebtedness. The Obligations constitute “Senior Indebtedness” and “Designated Senior Indebtedness” senior Indebtedness (or any comparable termsthe equivalent thereof) under each issue of Permitted Subordinated Indebtedness and as defined in the documentation governing any applicable contractually other subordinated Junior Financing DocumentsIndebtedness.

Status as Senior Indebtedness. The Obligations under the Credit Documents constitute “Senior Indebtednesssenior indebtedness” and “Designated Senior Indebtedness” (or any comparable terms) under and as defined in the documentation governing any applicable contractually subordinated Junior Financing DocumentsDocumentation, if any.

Status as Senior Indebtedness. The Obligations constitute “Senior Indebtedness” and “Designated Senior Indebtedness” senior Indebtedness (or any comparable termsthe equivalent thereof) under each issue of Permitted Subordinated Indebtedness and as defined in the documentation governing any applicable contractually other subordinated Junior Financing Documents.Indebtedness. 109