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

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

Appears in 14 contracts

Samples: Indenture (Willis Netherlands Holdings B.V.), Indenture (Willis Netherlands Holdings B.V.), Indenture (Willis Netherlands Holdings B.V.)

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

Appears in 6 contracts

Samples: Senior Subordinated Notes Indenture (Claires Stores Inc), Indenture (Michaels Stores Inc), Revolving Credit Agreement (TPC Group Inc.)

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

Appears in 2 contracts

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

Subordination May Not Be Impaired by Issuer. No right of any holder of Senior Indebtedness of the Issuer to enforce the subordination of the Indebtedness evidenced by the Securities shall be impaired by any act or failure to act by the Issuer or by its failure to comply with this Indenture.. 92 101

Appears in 1 contract

Samples: Indenture (GSV Inc /Fl/)

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

Appears in 1 contract

Samples: Indenture (H&r Block Inc)

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

Appears in 1 contract

Samples: Indenture (Seadrill Partners LLC)

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

Appears in 1 contract

Samples: Securities Purchase Agreement (Affiliated Managers Group Inc)

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

Appears in 1 contract

Samples: Subordinated Indenture (MarkWest New Mexico LP)

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

Appears in 1 contract

Samples: Subordinated Debt Indenture (Caprock Communications Corp)

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