Common use of Subordinated Indebtedness Clause in Contracts

Subordinated Indebtedness. The Obligations constitute senior indebtedness which is entitled to the benefits of the subordination provisions of all outstanding Subordinated Indebtedness.

Subordinated Indebtedness. The Secured Obligations constitute senior indebtedness which is entitled to the benefits of the subordination provisions of all outstanding Subordinated Indebtedness.

Subordinated Indebtedness. The Obligations constitute senior indebtedness which that is entitled to the benefits of the subordination provisions provisions, if any, of all outstanding Subordinated IndebtednessIndebtedness of Company and its Subsidiaries under the Unsecured Creditor Notes.

Subordinated Indebtedness. The Obligations constitute senior indebtedness Indebtedness which is entitled to the benefits of the subordination provisions of all outstanding Subordinated Indebtedness.

Subordinated Indebtedness. The Secured Obligations constitute senior indebtedness Indebtedness which is entitled to the benefits of the subordination provisions of all outstanding Subordinated Indebtedness.

Subordinated Indebtedness. The Obligations constitute senior indebtedness which that is entitled to the benefits of the subordination provisions provisions, if any, of all outstanding Subordinated IndebtednessIndebtedness of Company and the Subsidiary Guarantors.

Subordinated Indebtedness. The Obligations constitute senior ------------------------- indebtedness which is entitled to the benefits of the subordination provisions of all outstanding Subordinated Indebtedness.

Subordinated Indebtedness. The Obligations constitute senior indebtedness which is entitled to the benefits of the subordination provisions of all outstanding Subordinated IndebtednessDebt.

Subordinated Indebtedness. The Obligations constitute senior indebtedness which is entitled to the benefits of the subordination provisions of the Subordinated Notes and all other outstanding Subordinated IndebtednessIndebtedness of the Borrower and any Guarantors.

Subordinated Indebtedness. The Obligations constitute senior indebtedness which that is entitled to the benefits of the subordination provisions provisions, if any, of all outstanding Subordinated Indebtedness.

Subordinated Indebtedness. The Obligations constitute senior indebtedness which is entitled to the benefits of the subordination provisions of the Convertible Subordinated Notes and all other outstanding Subordinated Indebtedness.

Subordinated Indebtedness. The Obligations constitute senior indebtedness which Indebtedness that is entitled to the benefits of the subordination provisions provisions, if any, of all outstanding Subordinated IndebtednessIndebtedness of Company and its Subsidiaries.

Subordinated Indebtedness. The Obligations constitute senior indebtedness “Senior Indebtedness” and “Designated Senior Indebtedness” which is entitled to the benefits of the subordination provisions of all outstanding the Convertible Subordinated IndebtednessDebentures.

Subordinated Indebtedness. The Obligations constitute senior indebtedness which is will be entitled to the benefits of the subordination provisions of all outstanding Subordinated Indebtedness.

Subordinated Indebtedness. The Obligations constitute senior indebtedness which that is entitled to the benefits of the subordination provisions provisions, if any, of all outstanding Subordinated IndebtednessIndebtedness of Company and its Subsidiaries.

Subordinated Indebtedness. The Obligations constitute senior indebtedness which is entitled to the benefits of the subordination provisions of the Subordinated Notes and all other outstanding Subordinated Indebtedness.

Subordinated Indebtedness. The Obligations constitute senior indebtedness which is are entitled to the benefits of the subordination provisions of all outstanding Subordinated Indebtedness.

Subordinated Indebtedness. The Obligations constitute senior indebtedness which that is entitled to the benefits of the subordination provisions contained in the Subordinated Indebtedness of all outstanding Subordinated IndebtednessHoldings and its Subsidiaries.

Subordinated Indebtedness. The Obligations constitute senior indebtedness which "Designated Senior Debt" under the New Subordinated Indenture that is entitled to the benefits of all the subordination provisions of all outstanding Subordinated Indebtednessthereof.

Subordinated Indebtedness. The Obligations constitute senior indebtedness which that is entitled to the benefits of the subordination provisions provisions, if any, of all outstanding Subordinated Indebtedness.Indebtedness of Company and its Subsidiaries, including, without limitation, any subordination provisions contained in the Subordination Agreement. 62 Credit Agreement

Subordinated Indebtedness. The Obligations, all obligations in connection with Cash Management Services and all Rate Management Obligations constitute senior indebtedness which is entitled to the benefits of the subordination provisions of all outstanding Subordinated Indebtedness, if any.

Subordinated Indebtedness. The Obligations constitute senior indebtedness which is entitled to the benefits of the subordination provisions of all outstanding the Subordinated Indebtedness, including the subordination provisions set forth in the applicable subordination agreements entered into among the Agent, Pacific Guarantee Mortgage Corporation and the applicable subordinated lenders.

Subordinated Indebtedness. The Obligations constitute senior indebtedness which is entitled to the benefits of the subordination provisions of all outstanding Subordinated IndebtednessIndebtedness including, without limitation, the Senior Subordinated Notes.

Subordinated Indebtedness. The Obligations constitute senior indebtedness which that is entitled to the benefits of the subordination provisions provisions, if any, of all outstanding Subordinated IndebtednessIndebtedness of Company and its Subsidiaries, including, without limitation, any subordination provisions contained in the Subordination Agreement.

Subordinated Indebtedness. The Obligations constitute senior indebtedness which is entitled to the benefits of the subordination provisions of all outstanding Subordinated Indebtedness. The subordination provisions of the Subordinated Indebtedness are enforceable against the holders of the Subordinated Indebtedness by Agent and the Lenders. Each Loan Party acknowledges that each of the Administrative Agent and the Lenders are entering into this Agreement and are extending the Commitments and making the Loans in reliance upon the subordination provisions of the Subordinated Indebtedness and this Section 3.16.

Subordinated Indebtedness. The Obligations constitute senior indebtedness Indebtedness which is entitled to the benefits of the subordination provisions of all agreements evidencing or governing outstanding Subordinated Indebtedness.

Subordinated Indebtedness. The Obligations constitute senior indebtedness which is and to the extent any Indebtedness of Borrower and its Subsidiaries, including Subordinated Indebtedness, contains any subordination provisions, the Obligations are entitled to the benefits of the such subordination provisions of all outstanding Subordinated Indebtednessprovisions.

Subordinated Indebtedness. The Obligations constitute senior indebtedness which that is entitled to the benefits of the subordination provisions of all outstanding Subordinated IndebtednessIndebtedness of Parent and its Subsidiaries (including without limitation, the Senior Subordinated Notes and any Permitted Additional Subordinated Financing).

Subordinated Indebtedness. The Obligations constitute senior indebtedness which that is entitled to the benefits of the subordination provisions provisions, if any, of all outstanding Subordinated IndebtednessIndebtedness of any of the Credit Parties.

Subordinated Indebtedness. The Obligations constitute senior ------------------------- indebtedness which is entitled to the benefits of the subordination provisions of all outstanding Subordinated IndebtednessIndebtedness including, without limitation, the Senior Subordinated Notes.

Subordinated Indebtedness. The Obligations constitute senior indebtedness which that is entitled to the benefits of the subordination provisions under the Senior Subordinated Note and other Subordinated Indebtedness of all outstanding Subordinated IndebtednessCompany and its Subsidiaries.

Subordinated Indebtedness. The Obligations constitute are senior indebtedness which is Indebtedness entitled to the benefits of the subordination provisions of all outstanding Subordinated Indebtedness. Solvency .

Subordinated Indebtedness. The Obligations constitute senior indebtedness which that is entitled to the benefits of the subordination provisions of all outstanding Subordinated IndebtednessIndebtedness of Company and its Subsidiaries.

Subordinated Indebtedness. The Obligations constitute senior indebtedness which is entitled to the benefits of the Subordination Agreement and the subordination provisions of all outstanding Subordinated Indebtedness.

Subordinated Indebtedness. The Obligations constitute senior indebtedness which that is entitled to the benefits of the subordination provisions of all outstanding Subordinated IndebtednessIndebtedness of Parent and its Subsidiaries (including without limitation, the Senior Subordinated Notes, the Parent Junior Subordinated Notes and any Permitted Additional Subordinated Financing).

Subordinated Indebtedness. The Obligations constitute senior senior, subordinated indebtedness which is entitled to the benefits of the subordination provisions of all outstanding Subordinated Indebtedness.

Subordinated Indebtedness. The Obligations constitute senior indebtedness "Senior Indebtedness" and "Designated Senior Indebtedness" which is entitled to the benefits of the subordination provisions of all outstanding the Convertible Subordinated IndebtednessDebentures.

Subordinated Indebtedness. The Obligations shall at all times constitute senior indebtedness and designated senior indebtedness which is entitled to the benefits of the subordination provisions of all outstanding Subordinated Indebtedness, including, but not limited to, the Convertible Subordinated Indebtedness, and there shall be no other Designated Senior Debt, as defined in the Convertible Subordinated Note Agreement.

Subordinated Indebtedness. The Obligations constitute senior ------------------------- indebtedness which is will be entitled to the benefits of the subordination provisions of all outstanding Subordinated Indebtedness.

Subordinated Indebtedness. The Obligations constitute senior indebtedness which that is entitled to the benefits of the subordination provisions provisions, if any, of all outstanding Subordinated IndebtednessIndebtedness of Holdings and its Subsidiaries.

Subordinated Indebtedness. The Obligations constitute senior indebtedness which that is superior in right of payment to the Subordinated Debenture Bonds and the Subordinated Investment Certificates and all other Subordinated Indebtedness and are entitled to the benefits of the subordination provisions of all outstanding Subordinated IndebtednessIndebtedness of Borrowers and their Restricted Subsidiaries.