Common use of Subordination to Senior Indebtedness Clause in Contracts

Subordination to Senior Indebtedness. Anything in this Indenture or in any Security to the contrary notwithstanding, the indebtedness evidenced by each Security shall be subordinate and junior, to the extent and in the manner hereinafter set forth, to all Senior Indebtedness as follows:

Appears in 2 contracts

Samples: Bowater Inc, Bowater Inc

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Subordination to Senior Indebtedness. Anything in this Indenture or in any Security to the contrary notwithstanding, the indebtedness evidenced by each Security shall be subordinate and junior, to the extent and in the manner hereinafter set forth, to all Senior Indebtedness as followsIndebtedness:

Appears in 2 contracts

Samples: Subordinated Indenture (State Street Corp), State Street Capital Trust Ii

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