Common use of Status as Senior Indebtedness Clause in Contracts

Status as Senior Indebtedness. The Finance Obligations under the Facility constitute “senior debt”, “senior indebtedness”, “guarantor senior debt”, “senior secured financing” and “designated senior indebtedness” (or any comparable term) for all Indebtedness (if any) that is subordinated in right of payment to the Finance Obligations.

Appears in 4 contracts

Samples: Amendment No. 3 (JELD-WEN Holding, Inc.), Amendment No. 2 (JELD-WEN Holding, Inc.), Revolving Credit Agreement (JELD-WEN Holding, Inc.)

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Status as Senior Indebtedness. The Finance Obligations under the Facility Facilities constitute “senior debt”, ,” “senior indebtedness”, ,” “guarantor senior debt”, ,” “senior secured financing” and “designated senior indebtedness” (or any comparable term) ), as applicable, for all Indebtedness (if any) that is subordinated in right of payment to the Finance Obligations.

Appears in 1 contract

Samples: Credit Agreement (Mueller Water Products, Inc.)

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