Common use of SUBORDINATION OF NOTES Clause in Contracts

SUBORDINATION OF NOTES. Section 10.01. Notes Subordinate to Senior Indebtedness.............................................................. 74 Section 10.02. Payment Over of Proceeds upon Dissolution, etc.......................................................... 75 Section 10.03. Suspension of Payment When Senior Indebtedness in Default................................................... 76 Section 10.04. Trustee's Relation to Senior

Appears in 1 contract

Samples: Indenture (Cole National Corp /De/)

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SUBORDINATION OF NOTES. Section 10.01. Notes Subordinate to Senior Indebtedness.............................................................. 74 .......................................... 89 Section 10.0212.02. Payment Over of Proceeds upon Dissolution, etc.......................................................... 75 .................................... 90 Section 10.0312.03. Suspension of Payment When Senior Indebtedness in Default................................................... 76 ......................... 91 Section 10.0412.04. Trustee's Relation to SeniorSenior Indebtedness......................................... 92 Section 12.05. Subrogation....................................................................... 92 Section 12.06. Provisions Solely to Define Relative Rights....................................... 93 Section 12.07.

Appears in 1 contract

Samples: Indenture (TNP Enterprises Inc)

SUBORDINATION OF NOTES. Section 10.01. Notes Subordinate to Senior Indebtedness.............................................................. 74 Section 10.02Indebtedness ............. 93 SECTION 11.2. Payment Over of Proceeds upon Dissolution, etc.......................................................... 75 Section 10.03etc .................................... 93 SECTION 11.3. Suspension of Payment When Senior Indebtedness in Default................................................... 76 Section 10.04Default ............................ 95 SECTION 11.4. Trustee's Relation Subrogation to SeniorRights of Holders of Senior Indebtedness ................................ 97 SECTION 11.5. Provisions Solely To Define Relative Rights .............................................. 97

Appears in 1 contract

Samples: Note Purchase Agreement (Oglebay Norton Co)

SUBORDINATION OF NOTES. Section 10.01. Notes Subordinate to Senior Indebtedness.............................................................. 74 ........................................76 Section 10.0212.02. Payment Over of Proceeds upon Dissolution, etc.......................................................... 75 ..................................76 Section 10.0312.03. Suspension of Payment When Senior Indebtedness in Default................................................... 76 Section 10.04. Trustee's Relation to Senior.......................77

Appears in 1 contract

Samples: Indenture (Norcross Capital Corp)

SUBORDINATION OF NOTES. Section 10.01SECTION 14.01. Notes Subordinate to Senior --------------------------- Indebtedness.............................................................. 74 Section 10.02............................... 120 ------------ SECTION 14.02. Payment Over of Proceeds upon Upon ----------------------------- Dissolution, etc.......................................................... 75 Section 10.03Etc........................... 120 ---------------- SECTION 14.03. Suspension of No Payment When Senior Indebtedness in -------------------------------------- Default................................................... 76 Section 10.04.................................... 121 ------- SECTION 14.04. Trustee's Relation to SeniorCertain Payments Permitted.................

Appears in 1 contract

Samples: Indenture (Afc Enterprises Inc)

SUBORDINATION OF NOTES. Section SECTION 10.01. Notes Subordinate to Senior Indebtedness.............................................................. 74 Section ......................87 SECTION 10.02. Payment Over over of Proceeds upon Dissolution, etc.......................................................... 75 Section .....................88 SECTION 10.03. Suspension of Payment When Senior Indebtedness in Default................................................... 76 Section ....................................................................89 SECTION 10.04. Trustee's Relation to SeniorSenior Indebtedness.....................91

Appears in 1 contract

Samples: Indenture (Rose Hills Co)

SUBORDINATION OF NOTES. Section 10.01SECTION 11.01. Notes Subordinate to Senior Indebtedness.............................................................. 74 Section 10.02...........................................113 SECTION 11.02. Payment Over of Proceeds upon Dissolution, etc.......................................................... 75 Section 10.03.....................................113 SECTION 11.03. Suspension of Payment When Senior Indebtedness in Default................................................... 76 Section 10.04..........................114 SECTION 11.04. Trustee's Relation to SeniorSenior Indebtedness..........................................116 SECTION 11.05. Subrogation to Rights of Holders of Senior Indebtedness............................

Appears in 1 contract

Samples: Indenture (Fairfield Manufacturing Co Inc)

SUBORDINATION OF NOTES. 90 Section 10.01. 11.01 Notes Subordinate to Senior Indebtedness.............................................................. 74 ...............................90 Section 10.02. 11.02 Payment Over of Proceeds upon Dissolution, etc.......................................................... 75 .........................90 Section 10.03. 11.03 Suspension of Payment When Senior Indebtedness in Default................................................... 76 ..............91 Section 10.04. 11.04 Trustee's Relation to SeniorSenior Indebtedness..............................93 Section 11.05 Subrogation to Rights of Holders of Senior Indebtedness..............

Appears in 1 contract

Samples: Indenture (TWP Capital Corp Ii)

SUBORDINATION OF NOTES. Section 10.0111.01. Notes Subordinate to Senior Indebtedness.............................................................. 74 ........................................................... 90 Section 10.0211.02. Payment Over of Proceeds upon Dissolution, etc.......................................................... 75 . ..................................................... 90 Section 10.0311.03. Suspension of Payment When Senior Indebtedness in Default................................................... 76 ................................................ 92 Section 10.0411.04. Trustee's Relation to SeniorSenior Indebtedness........................................................... 94 Section 11.05. Subrogation to Rights of Holders of Senior Indebtedness................................................. 94 Section 11.06. Provisions Solely To Define Relative Rights........................................................ 95

Appears in 1 contract

Samples: Indenture (Hayes Lemmerz International Inc)

SUBORDINATION OF NOTES. Section 10.0111.01. Notes Subordinate to Senior Indebtedness.............................................................. 74 ............................... 84 Section 10.0211.02. Payment Over of Proceeds upon Dissolution, etc.......................................................... 75 ........................... 84 Section 10.0311.03. Suspension of Payment When Senior Indebtedness in Default................................................... 76 .................... 86 Section 10.0411.04. Trustee's Relation to SeniorSenior Indebtedness............................... 88 Section 11.05. Subrogation to Rights of Holders of Senior Indebtedness..................... 89 Section 11.06. Provisions Solely To Define Relative Rights..................................... 89 Section 11.07.

Appears in 1 contract

Samples: Indenture (Outdoor Systems Inc)

SUBORDINATION OF NOTES. Section 10.01. Notes Subordinate to Senior Indebtedness.............................................................. 74 ............................................. 78 Section 10.02. Payment Over of Proceeds upon Dissolution, etc.......................................................... 75 Etc......................................... 78 Section 10.03. Suspension of Payment When Senior Indebtedness in Default................................................... 76 Section 10.04. Trustee's Relation to Senior.................................. 80

Appears in 1 contract

Samples: Indenture (Cole National Group Inc)

SUBORDINATION OF NOTES. Section 10.0111.01. Notes Subordinate to Senior Indebtedness.............................................................. 74 ......................................... 84 Section 10.0211.02. Payment Over of Proceeds upon Dissolution, etc.......................................................... 75 ..................................... 84 Section 10.0311.03. Suspension of Payment When Senior Indebtedness in Default................................................... 76 .............................. 86 Section 10.0411.04. Trustee's Relation to SeniorSenior Indebtedness......................................... 88 Section 11.05. Subrogation to Rights of Holders of Senior Indebtedness............................... 89 Section 11.06. Provisions Solely To Define Relative Rights............................................... 89 Section 11.07.

Appears in 1 contract

Samples: Indenture (Outdoor Systems Inc)

SUBORDINATION OF NOTES. Section 10.01. 55 SECTION 12.1 Notes Subordinate to Senior Indebtedness.............................................................. 74 Section 10.02. .....................55 SECTION 12.2 Payment Over over of Proceeds upon Dissolution, etc.......................................................... 75 Section 10.03. Suspension of ....................55 SECTION 12.3 No Payment When Senior Indebtedness in Default................................................... 76 Section 10.04. Trustee's Relation ...............56 SECTION 12.4 Payment Permitted If No Default..............................57 SECTION 12.5 Subrogation to SeniorRights of Holders of Senior Indebtedness......57 SECTION 12.6 Provisions Solely to Define Relative Rights..................57 SECTION 12.7

Appears in 1 contract

Samples: Indenture (Kranzco Realty Trust)

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SUBORDINATION OF NOTES. Section 10.01. 52 9.1 Notes Subordinate to Senior Indebtedness.............................................................. 74 Section 10.02. ...............................................................52 9.2 Payment Over of Proceeds upon Upon Dissolution, etc.......................................................... 75 Section 10.03. Suspension of Etc.........................................................52 9.3 No Payment When Senior Indebtedness in Default................................................... 76 Section 10.04. Trustee's Relation .........................................................53 9.4 Payment Permitted If No Default........................................................................55 9.5 Subrogation to SeniorRights of Holders of Senior Indebtedness................................................55 9.6 Provisions Solely to Define Relative Rights............................................................56 9.7 No Waiver of Subordination Provisions..................................................................56 9.8

Appears in 1 contract

Samples: Securities Purchase Agreement (Carrizo Oil & Gas Inc)

SUBORDINATION OF NOTES. 73 Section 10.01. Notes 13.1 Securities Subordinate to Senior Indebtedness.............................................................. 74 .......... 73 Section 10.02. 13.2 No Payments in Certain Circumstances; Payment Over of Proceeds upon Upon Dissolution, etc.......................................................... 75 Etc................. 73 Section 10.03. Suspension of 13.3 Prior Payment When to Senior Indebtedness in Default................................................... Upon Acceleration of Notes.................................. 76 Section 10.04. Trustee's Relation 13.4 Payment Permitted if No Default........................ 76 Section 13.5 Subrogation to SeniorRights to Holders of Senior Indebtedness........................................... 77 Section 13.6 Provisions Solely to Define Relative Rights............ 77

Appears in 1 contract

Samples: Indenture (Signature Resorts Inc)

SUBORDINATION OF NOTES. Section 10.0188 14.1. Notes Subordinate to Senior Indebtedness.............................................................. 74 Section 10.02Indebtedness ....................... 88 14.2. Payment Over over of Proceeds upon Dissolution, etc.......................................................... 75 Section 10.03Etc ................. 89 14.3. Suspension of No Payment When Senior Indebtedness in Default................................................... 76 Section 10.04Default ................. 90 14.4. Trustee's Relation to SeniorPayment Permitted If No Default ................................ 91

Appears in 1 contract

Samples: Purchase Agreement (Pca International Inc)

SUBORDINATION OF NOTES. Section 10.01. Notes Subordinate to Senior Indebtedness.............................................................. 74 .............................................................57 Section 10.02. Payment Over of Proceeds upon Upon Dissolution, etc.......................................................... 75 .......................................................57 Section 10.03. Suspension of Payment When when Senior Indebtedness in Default................................................... 76 ............................................58 Section 10.04. Trustee's Relation Payment Permitted if No Default......................................................................59 Section 10.05. Subrogation to SeniorRights of Holders of Senior Indebtedness............................................

Appears in 1 contract

Samples: Indenture (Fleming Companies Inc /Ok/)

SUBORDINATION OF NOTES. Section 10.01. Notes 11.01.Notes Subordinate to Senior Indebtedness.............................................................. 74 .............................................. 118 Section 10.02. Payment Over 11.02.Payment over of Proceeds upon Dissolution, etc.......................................................... 75 ........................................ 118 Section 10.03. Suspension 11.03.Suspension of Payment When Senior Indebtedness in Default................................................... 76 ............................. 120 Section 10.04. Trustee11.04.Trustee's Relation to SeniorSenior Indebtedness.... ........................................ 122

Appears in 1 contract

Samples: Indenture (Mettler Toledo Holding Inc)

SUBORDINATION OF NOTES. Section 10.01SECTION 11.01. Notes Subordinate to Senior Indebtedness.............................................................. 74 Section 10.02............................................89 SECTION 11.02. Payment Over of Proceeds upon Dissolution, etc.......................................................... 75 Section 10.03......................................90 SECTION 11.03. Suspension of Payment When Senior Indebtedness in Default................................................... 76 Section 10.04...........................91 SECTION 11.04. Trustee's Relation to SeniorSenior Indebtedness...........................................93 SECTION 11.05. Subrogation to Rights of Holders of Senior Indebtedness...........................

Appears in 1 contract

Samples: Indenture (Oglebay Norton Co /New/)

SUBORDINATION OF NOTES. Section 10.01SECTION 11.01. Notes Subordinate to Senior Indebtedness.............................................................. 74 Section 10.02....................83 SECTION 11.02. Payment Over of Proceeds upon Dissolution, etc.......................................................... 75 Section 10.03..............84 SECTION 11.03. Suspension of Payment When Senior Indebtedness in Default................................................... 76 Section 10.04................................................85 SECTION 11.04. Trustee's Relation to SeniorSenior Indebtedness...................87 SECTION 11.05. Subrogation to Rights of Holders of Senior Indebtedness...

Appears in 1 contract

Samples: Indenture (Entex Information Services Inc)

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