Common use of Subordinated Note Indentures Clause in Contracts

Subordinated Note Indentures. (i) There shall occur and be continuing any Event of Default or Repurchase Event under and, in each case, as defined in the Subordinated Note Indenture or (ii) any of the Borrower's Obligations for any reason shall cease to be "Senior Indebtedness" under and as defined in the Subordinated Note Indenture; or

Subordinated Note Indentures. (i) There shall occur and be continuing any Event of Default or Repurchase Event under andunder, and in each case, as defined in the Subordinated Note Indenture Indenture, and the Subordinated Noteholders have caused the Subordinated Indebtedness to be accelerated and such acceleration is not rescinded within 30 days, or (ii) any of the Borrower's Obligations for any reason shall cease to be "Senior Indebtedness" under and as defined in the Subordinated Note Indenture; or