Subordination of Guarantee. The obligations of each Guarantor to the Holders and to the Trustee pursuant to the Guarantee of such Guarantor and this Indenture are expressly subordinate and subject in right of payment to the prior payment in full of all Guarantor Senior Debt of such Guarantor, to the extent and in the manner provided in Article XII.
Appears in 3 contracts
Samples: Indenture (Vertis Inc), Indenture (Vertis Inc), Indenture (Vertis Inc)
Subordination of Guarantee. The obligations of each Subsidiary Guarantor to the Holders and to the Trustee of Securities pursuant to the Guarantee of such Guarantor and this Indenture are expressly subordinate and subject in right of payment to the prior payment in full of all Guarantor Senior Debt Indebtedness of such Subsidiary Guarantor, to the extent and in the manner provided in Article XIITwelve.
Appears in 2 contracts
Samples: Indenture (Bay Area Warehouse Stores Inc), Indenture (RSC Duval Inc)
Subordination of Guarantee. The obligations of each Guarantor to the Holders Lenders and to the Trustee Agent pursuant to the Guarantee of such Guarantor and this Indenture Agreement are expressly subordinate and subject in right of payment to the prior payment in full of all Guarantor Senior Debt Indebtedness of such Guarantor, to the extent and in the manner provided in Article XIISection 11.
Appears in 2 contracts
Samples: Senior Subordinated Credit Agreement (BGF Industries Inc), Senior Subordinated Credit Agreement (Galey & Lord Inc)
Subordination of Guarantee. The obligations of each Guarantor to the Holders Lenders and to the Trustee Agent pursuant to the Guarantee of such Guarantor and the other sections of this Indenture Agreement are expressly subordinate and subject in right of payment to the prior payment in full of all Guarantor Senior Debt of such Guarantor, to the extent and in the manner provided in Article XIISection 11.
Appears in 2 contracts
Samples: Senior Subordinated Credit Agreement (Bio Rad Laboratories Inc), Senior Subordinated Credit Agreement (Bio Rad Laboratories Inc)
Subordination of Guarantee. The obligations of each Guarantor to the Holders of Notes and to the Trustee pursuant to the Guarantee of such Guarantor and this Indenture are expressly subordinate and subject in right of payment to the prior payment in full of all Guarantor Senior Debt of such Guarantor, to the extent and in the manner provided in Article XIITwelve.
Appears in 2 contracts
Samples: Indenture (Railworks Corp), Indenture (Cambridge Industries Inc /De)
Subordination of Guarantee. The obligations of each Guarantor to the Holders of Notes and to the Trustee pursuant to the Guarantee of such Guarantor and this Indenture are expressly subordinate and subject in right of payment to the prior payment in full of all Guarantor Senior Debt Indebtedness of such Guarantor, to the extent and in the manner provided in Article XII.
Appears in 1 contract
Subordination of Guarantee. The obligations of each Guarantor to the Holders and to the Trustee of Securities pursuant to the Guarantee of such Guarantor and this Indenture are expressly subordinate and subject in right of payment to the prior payment in full of all Guarantor Senior Debt of such Guarantor, to the extent and in the manner provided in Article XIITwelve.
Appears in 1 contract
Samples: Indenture (Metals Usa Inc)
Subordination of Guarantee. The obligations of each Guarantor to the Holders of Notes and to the Trustee pursuant to the Guarantee of such Guarantor and this Indenture are expressly subordinate and subject in right of payment to the prior payment in full of all Guarantor Senior Debt Indebtedness of such Guarantor, to the extent and in the manner provided in Article XIITwelve.
Appears in 1 contract
Samples: Indenture (Royal Oak Mines Inc)
Subordination of Guarantee. The obligations of each Guarantor to under the Holders Subsidiary Guarantees and to the Trustee pursuant to the Guarantee of such Guarantor and under this Indenture are expressly subordinate and subject in right of payment to the prior payment payments in full in cash of all Guarantor Obligations with respect to Senior Debt of such Guarantor, to the extent and in the manner provided in Article XII.
Appears in 1 contract
Samples: Indenture (Alliance Gaming Corp)
Subordination of Guarantee. The obligations of each Guarantor to the Holders of the Notes and to the Trustee pursuant to the Guarantee of such Guarantor and this Indenture are expressly subordinate and subject in right of payment to the prior payment in full of all Guarantor Senior Debt Indebtedness of such Guarantor, to the extent and in the manner provided in Article XIITwelve.
Appears in 1 contract
Subordination of Guarantee. The obligations of each Guarantor -------------------------- to the Holders Lenders and to the Trustee Agent pursuant to the Guarantee of such Guarantor and this Indenture Agreement are expressly subordinate and subject in right of payment to the prior payment in full of all Guarantor Senior Debt Indebtedness of such Guarantor, to the extent and in the manner provided in Article XIISECTION 11.
Appears in 1 contract
Samples: Senior Subordinated Credit Agreement (Petersen Holdings LLC)
Subordination of Guarantee. The obligations of each Guarantor to the Holders of Securities and to the Trustee pursuant to the Guarantee of such Guarantor and this Indenture are expressly subordinate and subject in right of payment to the prior payment in full in cash or Cash Equivalents of all Guarantor Senior Debt Indebtedness of such Guarantor, to the extent and in the manner provided in Article XIIThirteen.
Appears in 1 contract
Samples: Indenture (Aearo CO I)
Subordination of Guarantee. The Each of the Guarantor and the Lender acknowledges and agrees that the obligations of each the Guarantor under this Agreement are and shall be subordinate (to the Holders and to minimum extent required by the Trustee pursuant to terms of the Guarantee of such Guarantor and this Indenture are expressly subordinate and subject Senior Obligations) in right of payment to the prior payment in full of all Guarantor Senior Debt of such Guarantor, to the extent and in the manner provided in Article XIIObligations.
Appears in 1 contract
Samples: Parent Guarantee Agreement (Pick Communications Corp)
Subordination of Guarantee. The obligations of each Guarantor to the Holders and to the Trustee of Securities pursuant to the Guarantee of such Guarantor and this Indenture are expressly subordinate and subject in right of payment to the prior payment in full of all Guarantor Senior Debt Indebtedness of such Guarantor, to the extent and in the manner provided in Article XIITwelve.
Appears in 1 contract
Subordination of Guarantee. The obligations of each Guarantor to the Holders and to the Trustee pursuant to the Guarantee of such Guarantor and this Supplemental Indenture are expressly subordinate and subject in right of payment to the prior payment in full of all Guarantor Senior Debt of such Guarantor, to the extent and in the manner provided in Article XII.
Appears in 1 contract
Samples: First Supplemental Indenture (Hollywood Entertainment Corp)
Subordination of Guarantee. The obligations of each Guarantor to the Holders Lenders and to the Trustee Agents pursuant to the Guarantee of such Guarantor and this Indenture Agreement are expressly subordinate and subject in right of payment to the prior payment in full of all Guarantor Senior Debt Indebtedness of such Guarantor, to the extent and in the manner provided in Article XIISection 11.
Appears in 1 contract
Samples: Senior Subordinated Credit Agreement (Advanced Glassfiber Yarus LLC)
Subordination of Guarantee. The obligations of each Guarantor to the Holders and to the Trustee pursuant to the Guarantee of such Guarantor and this Indenture Agreement are expressly subordinate and subject in right of payment to the prior payment in full of all Guarantor Senior Debt of such Guarantor, to the extent and in the manner provided in Article XII.12. 103 -97-
Appears in 1 contract
Samples: Indenture (Ameristar Casinos Inc)
Subordination of Guarantee. The obligations of each Guarantor to the Holders and to the Trustee pursuant to the Guarantee of such Guarantor and this Indenture are expressly subordinate and subject in right of payment to the prior payment in full of all Guarantor applicable Senior Debt on the same, basis as the Notes are junior and subordinate to Senior Debt of such Guarantorthe Issuer, to the extent and in the manner provided in this Article XIIXIII.
Appears in 1 contract
Samples: Indenture (DPC Products, Inc.)
Subordination of Guarantee. The obligations of each Subsidiary Guarantor to the Holders Lenders and to the Trustee Agent pursuant to the Guarantee of such Subsidiary Guarantor and this Indenture Agreement are expressly subordinate and subject in right of payment to the prior payment in full of all Subsidiary Guarantor Senior Debt Indebtedness of such Subsidiary Guarantor, to the extent and in the manner provided in Article XIISection 11.
Appears in 1 contract
Samples: Senior Subordinated Credit Agreement (Capstone Pharmacy Services Inc)
Subordination of Guarantee. The obligations of each Guarantor to the Holders and to the Trustee pursuant to the Guarantee of such Guarantor and this Indenture are expressly subordinate and subject in right of payment to the prior payment in full in cash or Cash Equivalents of all applicable Guarantor Senior Debt on the same basis as the Notes are junior and Subordinate to Senior Debt of such Guarantorthe Company, to the extent and in the manner provided in Article XII12.
Appears in 1 contract
Subordination of Guarantee. The obligations of each Guarantor to the Holders Lenders and to the Trustee Agent pursuant to the Guarantee of such Guarantor and this Indenture Agreement are expressly subordinate and subject in right of payment to the prior payment in full of all Guarantor Senior Debt of such Guarantor, to the extent and in the manner provided in Article XII.Section 11. 107
Appears in 1 contract
Samples: Senior Subordinated Credit Agreement (Ameristar Casinos Inc)
Subordination of Guarantee. The obligations of each Guarantor to the Holders of Securities and to the Trustee pursuant to the Guarantee of such Guarantor and this Indenture are expressly subordinate and subject in right of payment to the prior payment in full of all Guarantor Senior Debt of such Guarantor, to the extent and in the manner provided in Article XII.Twelve. ARTICLE TWELVE
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Subordination of Guarantee. The obligations of each Guarantor to the Holders Lenders and to the Trustee Agent pursuant to the Guarantee of such Subsidiary Guarantor and this Indenture Agreement are expressly subordinate and subject in right of payment to the prior payment in full of all Guarantor Senior Debt Indebtedness of such Subsidiary Guarantor, to the extent and in the manner provided in Article XIISection 11.
Appears in 1 contract
Samples: Senior Subordinated Credit Agreement (T Sf Communications Corp)