Common use of Subordination of Subordinated Indebtedness Clause in Contracts

Subordination of Subordinated Indebtedness. The Obligations are “Senior Debt,” “Senior Indebtedness,” “Guarantor Senior Debt” or “Senior Secured Financing” (or any comparable term) under, and as defined in, any Subordinated Indebtedness Documentation.

Appears in 5 contracts

Samples: Credit Agreement (PF2 SpinCo, Inc.), Credit Agreement (PF2 SpinCo LLC), Credit Agreement (Change Healthcare Inc.)

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Subordination of Subordinated Indebtedness. The Obligations are “Senior Debt,” “Senior Indebtedness,” “Guarantor Senior Debt” or “Senior Secured Financing” (or any comparable term) under, and as defined in, any documentation governing any Subordinated Indebtedness DocumentationIndebtedness.

Appears in 5 contracts

Samples: Credit Agreement (Everi Holdings Inc.), Credit Agreement (Everi Holdings Inc.), Term Loan Credit Agreement (Everi Holdings Inc.)

Subordination of Subordinated Indebtedness. The Obligations are “Designated Senior Debt,” “Senior Debt,” “Senior Indebtedness,” “Guarantor Senior Debt” or “Senior Secured Financing” (or any comparable term) under, and as defined in, any document governing any applicable Junior Financing (including, but not limited to the Subordinated Loan Documents) in respect of Indebtedness Documentationthat is subordinated in right of payment to the Obligations.

Appears in 2 contracts

Samples: Credit Agreement (ARC Group Worldwide, Inc.), Credit Agreement

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Subordination of Subordinated Indebtedness. The Obligations are “Designated Senior Debt,” “Senior Debt,” “Senior Indebtedness,or “Guarantor Senior Debt” or “Senior Secured Financing” (or any comparable term) under, and as defined in, any documentation governing any Subordinated Indebtedness DocumentationIndebtedness.

Appears in 1 contract

Samples: Senior Interim Loan Credit Agreement (Alltel Corp)

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