Subordination May Not Be Impaired by the Borrower. No right of any holder of Senior Indebtedness to enforce the subordination of the Loans and the Indebtedness evidenced by the Notes shall be impaired by any act or failure to act by the Borrower or by its failure to comply with this Agreement.
Appears in 2 contracts
Samples: Senior Subordinated Credit Agreement (Brown Tom Inc /De), Senior Subordinated Credit Agreement (Renters Choice Inc)
Subordination May Not Be Impaired by the Borrower. No right of any holder of Senior Indebtedness of the Borrower to enforce the subordination of the Loans and the Indebtedness evidenced by the Notes Bridge Obligations shall be impaired by any act or failure to act by the Borrower or by its failure to comply with this Agreement.
Appears in 1 contract
Samples: Senior Subordinated Loan Agreement (Rockwood Specialties Group Inc)
Subordination May Not Be Impaired by the Borrower. No right of any holder of Senior Indebtedness Debt to enforce the subordination of the Loans and the Indebtedness evidenced by the Notes Loans shall be impaired by any act or failure to act by the Borrower, any Subsidiary of the Borrower, the Lender or by the failure of the Borrower, any Subsidiary of the Borrower or by its failure the Lender to comply with this Agreement.
Appears in 1 contract
Samples: Credit Agreement (J Crew Group Inc)
Subordination May Not Be Impaired by the Borrower. No right of any holder of Senior Indebtedness to enforce the subordination of the Loans and the Indebtedness evidenced by the Notes shall Subordinated Advances will be impaired by any act or failure to act by the Borrower or by its failure to comply with this Agreement.
Appears in 1 contract
Samples: Credit Agreement (Interpublic Group of Companies, Inc.)
Subordination May Not Be Impaired by the Borrower. No right of any holder of Senior Indebtedness of the Borrower to enforce the subordination of the Loans and the Indebtedness evidenced by the Notes Subordinated Bridge Payments shall be impaired by any act or failure to act by the Borrower or by its failure to comply with this Agreement.
Appears in 1 contract
Samples: Senior Subordinated Bridge B Loan Agreement (Celanese Ag)
Subordination May Not Be Impaired by the Borrower. No right of any holder of Senior Indebtedness of the Borrower to enforce the subordination of the Loans and the Indebtedness evidenced by the Notes Subordinated Bridge Payments shall be impaired by any act or failure to act by the Borrower or by its failure to comply with this Agreement.. 121
Appears in 1 contract
Samples: Senior Subordinated Bridge C Loan Agreement (Celanese Ag)
Subordination May Not Be Impaired by the Borrower. No right of any holder of Senior Indebtedness Debt to enforce the subordination of the Loans and the Indebtedness evidenced by the Notes Loans shall be impaired by any act or failure to act by the Borrower Borrower, any Subsidiary of the Borrower, the Administrative Agent or any Lender or by its the failure of the Borrower, any Subsidiary of the Borrower, the Administrative Agent or any Lender to comply with this Agreement.
Appears in 1 contract
Samples: Senior Subordinated Loan Agreement (J Crew Group Inc)
Subordination May Not Be Impaired by the Borrower. No right of any holder of Senior Indebtedness Obligations to enforce the subordination of the Loans and the Indebtedness evidenced by the Notes shall be impaired by any act or failure to act by the Borrower or by its failure to comply with any provision of this Agreement[Indenture], the Subordinated Loan Documents or the Senior Loan Documents.
Appears in 1 contract
Samples: Credit Agreement (Calpine Corp)
