Common use of Subordination Rights Clause in Contracts

Subordination Rights. Not Impaired by Acts or Omissions of the Maker or Holders of Senior Indebtedness. No right of any present or future holders of any Senior Obligations to enforce subordination as herein provided shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Maker or by any act or failure to act in good faith by any such holder, or by any noncompliance by the Maker with the terms and provisions of this Note, regardless of any knowledge thereof which any such holder may have or be otherwise charged with. The holders of the Senior Obligations may, without in any way affecting the obligations of the Holder with respect these subordination provisions, at any time or from time to time and in their absolute discretion, change the manner, place or terms of payment of, change or extend the time of payment of, or renew or alter, any Senior Obligations, or amend, modify or supplement any agreement or instrument governing or evidencing such Senior Obligations or any other document referred to therein, or exercise or refrain from exercising any other of their rights under the Senior Obligations including, without limitation, the waiver of default thereunder and the release of any collateral securing such Senior Obligations, all without notice to or assent from the Holder.

Subordination Rights. Not Impaired by Acts or Omissions of the Maker Company or Holders of Senior Indebtedness. No right of any present or future holders of any Senior Obligations Indebtedness to enforce subordination as herein provided in this First Supplemental Indenture or Base Indenture shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Maker Company or by any act or failure to act act, in good faith faith, by any such holder, or by any noncompliance by the Maker Company with the terms terms, provisions, and provisions covenants of this NoteFirst Supplemental Indenture or Base Indenture, regardless of any knowledge thereof which any such holder may have or be otherwise charged with. The holders of the Senior Obligations Indebtedness may, without in any way affecting the obligations of the Holder with respect these subordination provisions, at any time or from time to time and in their absolute discretion, change the manner, place place, or terms of payment ofpayment, change or extend the time of payment of, or renew or alter, any such Senior ObligationsIndebtedness, or amend, modify amend or supplement any agreement or instrument governing or evidencing pursuant to which any such Senior Obligations Indebtedness is issued or by which it may be secured, or release any other document referred to thereinsecurity, or exercise or refrain from exercising any other of their rights under the Senior Obligations Indebtedness including, without limitation, the waiver of default thereunder and the release of any collateral securing such Senior Obligationsdefault, all without notice to or assent from the HolderHolders of the Notes or the Trustee and without affecting the obligations of the Company, the Trustee, or the Holders of the Notes under this Article III.

Subordination Rights. Not Impaired by Acts or Omissions of the Maker Holdings or Holders of Senior Indebtedness. No right of any present or future holders of any Senior Obligations Indebtedness to enforce subordination as herein provided shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Maker Holdings or by any act or failure to act in good faith by any such holder, or by any noncompliance by the Maker Holdings with the terms and provisions of this the Note, regardless of any knowledge thereof which any such holder may have or be otherwise charged with. The holders of the Senior Obligations Indebtedness may, without in any way affecting the obligations of the Holder holder of the Note with respect these subordination provisionshereto, at any time or from time to time and in their absolute discretion, change the manner, place or terms of payment of, change or extend the time of payment of, or renew or alter, any Senior Obligations, Indebtedness or amend, modify modify, or supplement any agreement or instrument governing or evidencing such Senior Obligations Indebtedness or any other document referred to therein, or exercise or refrain from exercising any other of their rights under the Senior Obligations Indebtedness including, without limitation, the waiver of default thereunder and the release of any collateral securing such Senior ObligationsIndebtedness, all without notice to or assent from the Holderholder of the Note.

Subordination Rights. Not Impaired by Acts or Omissions of the Maker Company or Holders of Senior Indebtedness. No right of any present or future holders of any Senior Obligations Indebtedness to enforce subordination as herein provided shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Maker Company or by any act or failure to act in good faith by any such holder, or by any noncompliance by the Maker Company with the terms and provisions of this the Note, regardless of any knowledge thereof which any such holder may have or be otherwise charged with. The holders of the Senior Obligations Indebtedness may, without in any way affecting the obligations of the Holder holder of the Note with respect these subordination provisionshereto, at any time or from time to time and in their absolute discretion, change the manner, place or terms of payment of, change or extend the time of payment of, or renew or alter, any Senior Obligations, Indebtedness or amend, modify or supplement any agreement or instrument governing or evidencing such Senior Obligations Indebtedness or any other document referred to therein, or exercise or refrain from exercising any other of their rights under the Senior Obligations Indebtedness including, without limitation, the waiver of default thereunder and the release of any collateral securing such Senior ObligationsIndebtedness, all without notice to or assent from the Holderholder of the Note.

Subordination Rights. Not Impaired by Acts or Omissions of the Maker Issuer or Holders of Senior IndebtednessIndebtedness of the Issuer. No right of any present or future holders of any Senior Obligations Indebtedness of the Issuer to enforce subordination as herein provided shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Maker Issuer or by any act or failure to act act, in good faith faith, by any such holder, or by any noncompliance by the Maker Issuer with the terms terms, provisions and provisions covenants of this NoteIndenture, regardless of any knowledge thereof which any such holder may have or be otherwise charged with. The holders of the Senior Obligations may, without in any way affecting the obligations Indebtedness of the Holder with respect these subordination provisions, Issuer may at any time or from time to time and in their absolute discretion, change the manner, place or terms of payment ofpayment, change or extend the time of payment of, or renew or alter, any such Senior ObligationsIndebtedness, or amend, modify amend or supplement any agreement or instrument governing or evidencing pursuant to which any such Senior Obligations Indebtedness is issued or by which it may be secured, or release any other document referred to thereinsecurity therefor, or exercise or refrain from exercising any other of their rights under the Senior Obligations Indebtedness of the Issuer including, without limitation, the waiver of default thereunder and the release of any collateral securing such Senior Obligationsthereunder, all without notice to or assent from the Holderholders of the Securities or Coupons or the Trustee and without affecting the obligations of the Issuer, the Trustee or the holders of the Securities or Coupons under this Article.

Subordination Rights. Not not Impaired by Acts or Omissions of the Maker Payor or Holders of Senior Indebtedness. No right of any present or future holders of any Senior Obligations Indebtedness to enforce subordination as herein provided shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Maker Payor or by any act or failure to act in good faith by any such holder, or by any noncompliance by the Maker Payor with the terms and provisions of this the Note, regardless of any knowledge thereof which any such holder may have or be otherwise charged with. The holders of the Senior Obligations Indebtedness may, without in any way affecting the obligations of the Holder holder of the Note with respect these subordination provisionshereto, at any time or from time to time and in their absolute discretion, change the manner, place or terms of payment of, change or extend the time of payment of, or renew or alter, any Senior Obligations, Indebtedness or amend, modify or supplement any agreement or instrument governing or evidencing such Senior Obligations Indebtedness or any other document referred to therein, or exercise or refrain from exercising any other of their rights under the Senior Obligations Indebtedness including, without limitation, the waiver of default thereunder and the release of any collateral securing such Senior ObligationsIndebtedness, all without notice to or assent from the Holderholder of the Note.

Subordination Rights. Not Impaired by Acts or Omissions of the Maker Payor or Holders of Senior Indebtedness. No right of any present or future holders of any Senior Obligations Indebtedness to enforce subordination as herein provided shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Maker Payor or by any act or failure to act in good faith by any such holder, or by any noncompliance by the Maker Payor with the terms and provisions of this the Note, regardless of any knowledge thereof which any such holder may have or be otherwise charged with. The holders of the Senior Obligations Indebtedness may, without in any way affecting the obligations of the Holder holder of the Note with respect these subordination provisionsthereto, at any time or from time to time and in their absolute discretion, change the manner, place or terms of payment of, change or extend the time of payment of, or renew or alter, any Senior ObligationsIndebtedness, or amend, modify or supplement any agreement or instrument governing or evidencing such Senior Obligations Indebtedness or any other document referred to therein, or exercise or refrain from exercising any other of their rights under the Senior Obligations Indebtedness including, without limitation, the waiver of default thereunder and the release of any collateral securing such Senior ObligationsIndebtedness, all without notice to or assent from the Holderholder of the Note.