Common use of Subordinated Indebtedness Payments Clause in Contracts

Subordinated Indebtedness Payments. The Company shall give the Agent ten (10) Business Days’ prior notice of its intent to make any payment (including any payment of interest but excluding (x) payments in respect of reasonable fees and expenses of one counsel and one financial advisor for the holders of Subordinated Indebtedness and (y) an Indenture Forbearance Amendment Fee (as hereinafter defined)) with respect to any Subordinated Indebtedness (the “Payment Notice”).”

Subordinated Indebtedness Payments. The Company shall give the Agent ten (10) 10 Business Days’ prior notice of its intent to make any payment (including any payment of interest but excluding (x) payments in respect of reasonable fees and expenses of one counsel and one financial advisor for the holders of Subordinated Indebtedness and (y) an Indenture Forbearance Amendment Fee (as hereinafter defined)Indebtedness) with respect to any Subordinated Indebtedness (the “Payment Notice”).”