Subordination Rights Not Impaired by Acts or Omissions of the Company or Holders of Senior Indebtedness. No right of any present or future holders of any Senior Indebtedness to enforce subordination as provided herein shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Company or by any act or failure to act, in good faith, by any such holder, or by any noncompliance by the Company with the terms of this Note, regardless of any knowledge thereof which any such holder may have or otherwise be charged with. The provisions of this Article 6 are intended to be for the benefit of, and shall be enforceable directly by, the holders of Senior Indebtedness.
Appears in 3 contracts
Samples: Note (Allen Paul G), Note Agreement (Charter Communications Inc /Mo/), Note (Charter Communications Inc /Mo/)
Subordination Rights Not Impaired by Acts or Omissions of the Company or Holders of Senior Indebtedness. No right of any present or future holders of any Senior Indebtedness to enforce subordination as provided herein shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Company or by any act or failure to act, in good faith, by any such holder, or by any noncompliance by the Company with the terms of this NoteIndenture, regardless of any knowledge thereof which any such holder may have or otherwise be charged with. The provisions of this Article 6 4 are intended to be for the benefit of, and shall be enforceable directly by, the holders of Senior Indebtedness.
Appears in 2 contracts
Samples: Indenture (Advanced Medical Optics Inc), Indenture (Advanced Medical Optics Inc)
Subordination Rights Not Impaired by Acts or Omissions of the Company or Holders of Senior Indebtedness. No right of any present or future holders of any Senior Indebtedness to enforce subordination as provided herein shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Company or by any act or failure to act, in good faith, by any such holder, or by any noncompliance by the Company with the terms of this Note, regardless of any knowledge thereof which any such holder may have or otherwise be charged with. The provisions of this Article 6 8 are intended to be for the benefit of, and shall be enforceable directly by, the holders of Senior Indebtedness.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Kevco Partners Investment Trust), Securities Purchase Agreement (Kevco Inc)