Common use of Subordination May Not Be Impaired by a Guarantor Clause in Contracts

Subordination May Not Be Impaired by a Guarantor. No right of any holder of Senior Indebtedness of a Guarantor to enforce the subordination of the obligations of such Guarantor hereunder shall be impaired by any act or failure to act by such Guarantor or by its failure to comply with this Indenture.

Appears in 23 contracts

Samples: Indenture (Verso Paper Corp.), Third Supplemental Indenture (Verso Paper Corp.), Indenture (Verso Sartell LLC)

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Subordination May Not Be Impaired by a Guarantor. No right of any holder of Senior Indebtedness of a Guarantor to enforce the subordination of the obligations of such Guarantor hereunder under its Guarantee shall be impaired by any act or failure to act by such Guarantor or by its failure to comply with this Indenture.

Appears in 9 contracts

Samples: Senior Subordinated Notes Indenture (Claires Stores Inc), Senior Subordinated Notes Indenture (ASC Acquisition LLC), Indenture (Universal City Travel Partners)

Subordination May Not Be Impaired by a Guarantor. No right of any holder of Senior Designated First Lien Indebtedness of a Guarantor to enforce the subordination of the obligations of such Guarantor hereunder under its Guarantee shall be impaired by any act or failure to act by such Guarantor or by its failure to comply with this Indenture.

Appears in 4 contracts

Samples: Indenture (Clearwire Corp /DE), Note Purchase Agreement (Sprint Nextel Corp), Note Purchase Agreement (Clearwire Corp /DE)

Subordination May Not Be Impaired by a Guarantor. No right of any holder of Designated Senior Indebtedness of a Guarantor to enforce the subordination of the obligations Obligations of such Guarantor hereunder under its Guarantee shall be impaired by any act or failure to act by such Guarantor or by its failure to comply with this Indenture.

Appears in 3 contracts

Samples: Indenture (Clear Channel Communications Inc), Indenture (CC Media Holdings Inc), Indenture (C C Media Holdings Inc)

Subordination May Not Be Impaired by a Guarantor. No right of any holder of Senior Indebtedness of a Guarantor to enforce the subordination of the obligations Obligations of such Guarantor hereunder under its Guarantee shall be impaired by any act or failure to act by such Guarantor or by its failure to comply with this Indenture.

Appears in 2 contracts

Samples: Indenture (Michaels Stores Inc), Senior Subordinated Indenture (Infosat Communications LP)

Subordination May Not Be Impaired by a Guarantor. No ------------------------------------------------ right of any holder of Senior Indebtedness Debt of a Guarantor to enforce the subordination of the obligations Obligations under the Security Guarantee of such Guarantor hereunder shall be impaired by any act or failure to act by such Guarantor or by its failure to comply with this Indenture.

Appears in 2 contracts

Samples: Indenture (Harborside Healthcare Corp), Indenture (Sailors Inc)

Subordination May Not Be Impaired by a Guarantor. No right of any holder of Designated Senior Indebtedness of guaranteed by a Guarantor to enforce the subordination of the obligations of such Guarantor hereunder under its Guarantee shall be impaired by any act or failure to act by such Guarantor or by its failure to comply with this Indenture.

Appears in 2 contracts

Samples: Fourth Supplemental Indenture (Boart Longyear Suisse Sarl), Fourth Supplemental Indenture (Boart Longyear LTD)

Subordination May Not Be Impaired by a Guarantor. No right of any holder of Designated Senior Indebtedness of a Guarantor to enforce the subordination of the obligations of such Guarantor hereunder under its Guarantee shall be impaired by any act or failure to act by such Guarantor or by its failure to comply with this Indenture.

Appears in 2 contracts

Samples: Indenture (Nuveen Investments Holdings, Inc.), Indenture (Nuveen Investments Holdings, Inc.)

Subordination May Not Be Impaired by a Guarantor. No ------------------------------------------------- right of any holder of Designated Senior Indebtedness of a Guarantor to enforce the subordination of the obligations of such Guarantor hereunder shall be impaired by any act or failure to act by such Guarantor or by its failure to comply with this Indenture.

Appears in 1 contract

Samples: Indenture (Eagle Family Foods Inc)

Subordination May Not Be Impaired by a Guarantor. No right of any holder of Senior Indebtedness Debt of a Guarantor to enforce the subordination of the obligations of such Guarantor hereunder under its Subsidiary Guarantee shall be impaired by any act or failure to act by such Guarantor or by its failure to comply with this Indenture.

Appears in 1 contract

Samples: Indenture (Cinemark Usa Inc /Tx)

Subordination May Not Be Impaired by a Guarantor. No right of any holder of Senior Indebtedness of a Guarantor to enforce the subordination of the obligations of such Guarantor hereunder under its Guaranty shall be impaired by any act or failure to act by such Guarantor or by its failure to comply with this Indenture.

Appears in 1 contract

Samples: Indenture (Interline Brands, Inc./De)

Subordination May Not Be Impaired by a Guarantor. No right of any holder of Senior Indebtedness Obligations of a Guarantor to enforce the subordination of the obligations of such Guarantor hereunder under its Guarantee shall be impaired by any act or failure to act by such Guarantor or by its failure to comply with any provisions of this [Indenture], the Subordinated Loan Documents or the Senior Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Calpine Corp)

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Subordination May Not Be Impaired by a Guarantor. No right of any holder of Senior Indebtedness of a Guarantor to enforce the subordination of the obligations of such Guarantor hereunder shall be impaired by any act or failure to act by such Guarantor or by its failure to comply with this Indenture.. 101

Appears in 1 contract

Samples: Indenture (Berry Plastics Holding Corp)

Subordination May Not Be Impaired by a Guarantor. No right of any holder of a Guarantor’s Senior Indebtedness of a Guarantor to enforce the subordination of the obligations of such Guarantor hereunder Indebtedness evidenced by the Subsidiary Guarantees shall be impaired by any act or failure to act by such Guarantor or by its failure to comply with this Indenture.

Appears in 1 contract

Samples: Indenture (Actuant Corp)

Subordination May Not Be Impaired by a Guarantor. No right of any holder of Guarantor Senior Indebtedness of a Guarantor to enforce the subordination of the obligations of such Guarantor hereunder shall be impaired by any act or failure to act by such Guarantor or by its failure to comply with this Indenture.

Appears in 1 contract

Samples: Indenture (American Seafoods Corp)

Subordination May Not Be Impaired by a Guarantor. No right of any holder of Senior Indebtedness Debt of a Guarantor to enforce the subordination of the obligations of such Guarantor hereunder Indebtedness evidenced by the Senior Subordinated Notes shall be impaired by any act or failure to act by such Guarantor or any Holder or by its the failure of such Guarantor or any holder to comply with this IndentureSenior Subordinated Indenture regardless of any knowledge thereof any such Holder may have or be charged with.

Appears in 1 contract

Samples: Indenture (VHS of Anaheim Inc)

Subordination May Not Be Impaired by a Guarantor. No right of any holder of Senior Indebtedness Debt of a Guarantor to enforce the subordination of the obligations Obligations under the Security Guarantee of such Guarantor hereunder shall be impaired by any act or failure to act by such Guarantor or by its failure to comply with this Indenture.

Appears in 1 contract

Samples: Second Supplemental Indenture (Univar Inc.)

Subordination May Not Be Impaired by a Guarantor. No right of any holder of Senior Indebtedness Debt ------------------------------------------------ of a Guarantor to enforce the subordination of the obligations Obligations under the Security Guarantee of such Guarantor hereunder shall be impaired by any act or failure to act by such Guarantor or by its failure to comply with this Indenture.

Appears in 1 contract

Samples: Indenture (Harborside Healthcare Corp)

Subordination May Not Be Impaired by a Guarantor. No right of any holder of Guarantor Senior Indebtedness of a Guarantor to enforce the subordination of the obligations Obligations of such Guarantor hereunder under its Note Guarantee shall be impaired by any act or failure to act by such Guarantor or by its failure to comply with this IndentureAgreement.

Appears in 1 contract

Samples: Note Purchase Agreement (Wmi Holdings Corp.)

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