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

Subordination May Not Be Impaired by Company. No --------------------------------------------- right of any holder of Senior Debt of the Company to enforce the subordination of the Debt evidenced by the Securities shall be impaired by any act or failure to act by the Company or by its failure to comply with this Indenture.

Appears in 3 contracts

Samples: Exchange Indenture (Hudson Respiratory Care Inc), Hudson Respiratory Care Inc, Century Maintenance Supply Inc

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Subordination May Not Be Impaired by Company. No --------------------------------------------- right -------------------------------------------- of any holder of Senior Debt Indebtedness of the Company to enforce the subordination of the Debt Indebtedness evidenced by the Securities Notes shall be impaired by any act or failure to act by the Company or by its failure to comply with this Indenture.

Appears in 3 contracts

Samples: Indenture (Global Imaging Systems Inc), BGF Industries Inc, Iron Age Corp

Subordination May Not Be Impaired by Company. No --------------------------------------------- right of any holder of Senior Debt of the Company Indebtedness to enforce the subordination of the Debt Indebtedness evidenced by the Subordinated Debt Securities shall be impaired by any act or failure to act by the Company or by its failure to comply with this Indenture.

Appears in 2 contracts

Samples: Vintage Petroleum Capital I, Chirex Inc

Subordination May Not Be Impaired by Company. No --------------------------------------------- -------------------------------------------- right of any holder of Senior Debt of the Company to enforce the subordination of the Debt evidenced by the Securities shall be impaired by any act or failure to act by the Company or by its failure to comply with this Indenture.

Appears in 2 contracts

Samples: Sailors Inc, Harborside Healthcare Corp

Subordination May Not Be Impaired by Company. No --------------------------------------------- right of any holder Holder of Senior Debt of the Company to enforce the subordination of the Debt indebtedness evidenced by the Securities shall be impaired by any act or failure to act by the Company or by its failure to comply with this Indenture.

Appears in 1 contract

Samples: NVR Inc

Subordination May Not Be Impaired by Company. No --------------------------------------------- right -------------------------------------------- of any a holder of Senior Debt of the Company to enforce the subordination of the Debt indebtedness evidenced by the Securities Notes shall be impaired by any act or failure to act by the Company or by its failure to comply with this IndentureAgreement.

Appears in 1 contract

Samples: Subordinated Note Agreement (HCC Industries International)

Subordination May Not Be Impaired by Company. No --------------------------------------------- right of -------------------------------------------- any holder of Senior Debt of the Company Indebtedness to enforce the subordination of the Debt Indebtedness evidenced by the Subordinated Debt Securities shall be impaired by any act or failure to act by the Company or by its failure to comply with this Indenture.

Appears in 1 contract

Samples: Electronic Data Systems Corp /De/

Subordination May Not Be Impaired by Company. No --------------------------------------------- -------------------------------------------- right of any holder of Senior Debt Indebtedness of the Company to enforce the subordination of the Debt Indebtedness evidenced by the Securities shall be impaired by any act or failure to act by the Company or by its failure to comply with this Indenture.

Appears in 1 contract

Samples: Delco Remy International Inc

Subordination May Not Be Impaired by Company. No --------------------------------------------- right of -------------------------------------------- any holder of Senior Debt of the Company to enforce the subordination of the Debt indebtedness evidenced by the Securities New Subordinated Notes shall be impaired by any act or failure to act by the Company or by its failure to comply with this IndentureAgreement.

Appears in 1 contract

Samples: Registration Rights Agreement (Dvi Inc)

Subordination May Not Be Impaired by Company. No --------------------------------------------- -------------------------------------------- right of any holder of Senior Debt of the Company Indebtedness to enforce the subordination of the Debt Indebtedness evidenced by the Securities Notes shall be impaired by any act or failure to act by the Company or any Holder or by its the failure of the Company or any Holder to comply with this Indenture.

Appears in 1 contract

Samples: Gorges Quik to Fix Foods Inc

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Subordination May Not Be Impaired by Company. No --------------------------------------------- right of -------------------------------------------- any holder of Senior Debt of the Company to enforce the subordination of the Debt evidenced by the Securities shall be impaired by any act or failure to act by the Company or by its failure to comply with this Indenture.

Appears in 1 contract

Samples: Harborside Healthcare Corp

Subordination May Not Be Impaired by Company. No --------------------------------------------- right of any holder of Senior Debt of -------------------------------------------- the Company to enforce the subordination of the Debt evidenced by the Securities shall be impaired by any act or failure to act by the Company or by its failure to comply with this Indenture.

Appears in 1 contract

Samples: Indenture (Harborside Healthcare Corp)

Subordination May Not Be Impaired by Company. No --------------------------------------------- right of -------------------------------------------- any holder of Senior Debt Indebtedness of the Company to enforce the subordination of the Debt Indebtedness evidenced by the Securities shall be impaired by any act or failure to act by the Company or by its failure to comply with this Indenture.

Appears in 1 contract

Samples: Indenture (Wki Holding Co Inc)

Subordination May Not Be Impaired by Company. No --------------------------------------------- right -------------------------------------------- of any holder of Senior Debt of the Company Indebtedness to enforce the subordination of the Debt Indebtedness evidenced by the Securities shall be impaired by any act or failure to act by the Company or by its the failure of any of them to comply with this Indenture.

Appears in 1 contract

Samples: Applied Business Telecommunications

Subordination May Not Be Impaired by Company. No --------------------------------------------- right of any holder of Senior Debt of the Company Indebtedness to enforce the subordination of the Debt Indebtedness evidenced by the Securities shall be impaired by any act or failure to act by the Company or by its failure to comply with this Indenture.

Appears in 1 contract

Samples: 21st Century Telecom Group Inc

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