Common use of Trust Moneys Not Subordinated Clause in Contracts

Trust Moneys Not Subordinated. Notwithstanding anything contained herein to the contrary, payments from money or the proceeds of U.S. Government Obligations held in trust under Article XI by the Trustee for the payment of principal of, and premium, if any, and interest on, the Subordinated Debt Securities or the Debt Securities shall not be subordinated to the prior payment of any Senior Indebtedness or subject to the restrictions set forth in this Article XII, and none of the Holders thereof shall be obligated to pay over any such amount to the Company or any holder of Senior Indebtedness of the Company or any other creditor of the Company.

Appears in 27 contracts

Samples: Indenture (Swift Energy Co), Pioneer Natural Resources Co, Pioneer Natural Resources Co

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Trust Moneys Not Subordinated. Notwithstanding anything contained herein to the contrary, payments from money or the proceeds of U.S. Government Obligations held in trust under Article XI IV or XIII by the Trustee for the payment of principal of, and premium, if any, and interest on, the Subordinated Debt Securities or the Debt Securities shall not be subordinated to the prior payment of any Senior Indebtedness or subject to the restrictions set forth in this Article XIIXIV, and none of the Holders thereof shall be obligated to pay over any such amount to the Company or any holder of Senior Indebtedness of the Company or any other creditor of the Company.

Appears in 13 contracts

Samples: Subordinated Indenture (Helix Energy Solutions Group Inc), Subordinated Indenture (Enbridge Pipelines (Texas Gathering) L.P.), Subordinated Indenture (Ring Energy, Inc.)

Trust Moneys Not Subordinated. Notwithstanding anything contained herein to the contrary, payments from money or the proceeds of U.S. Government Obligations held in trust under Article XI VIII by the Trustee for the payment of principal of, and premium, if any, of and interest on, on the Subordinated Debt Securities or the Debt Securities shall not be subordinated to the prior payment of any Senior Indebtedness or subject to the restrictions set forth in this Article XIIX, and none of the Holders thereof Securityholders shall be obligated to pay over any such amount to the Company or Company, any holder of Senior Indebtedness of the Company Company, or any other creditor of the Company.

Appears in 8 contracts

Samples: Indenture (Viasystems Inc), Indenture (Nebraska Book Co), Indenture (Viasystems Inc)

Trust Moneys Not Subordinated. Notwithstanding anything contained herein to the contrary, payments from money or the proceeds of U.S. Government Obligations held in trust under Article XI by the Trustee for the payment of principal of, and premium, if any, and interest on, the Subordinated Debt Securities or the Debt Securities shall not be subordinated to the prior payment of any Senior Indebtedness or subject to the restrictions set forth in this Article XII, and none of the Holders thereof shall be obligated to pay over any such amount to the Company Partnership or any holder of Senior Indebtedness of the Company Partnership or any other creditor of the CompanyPartnership.

Appears in 5 contracts

Samples: Indenture (MPLX Lp), Indenture (MPLX Lp), Indenture (Spectra Energy Partners, LP)

Trust Moneys Not Subordinated. Notwithstanding anything contained herein to the contrary, payments from money or the proceeds of U.S. Government Obligations held in trust under Article XI Eight by the Trustee for the payment of principal of, and premium, if any, any premium and interest on, the Subordinated Debt Securities or the Debt Securities shall not be subordinated to the prior payment of any Senior Indebtedness or subject to the restrictions set forth in this Article XIITen, and none of the Holders thereof shall be obligated to pay over any such amount to the Company or any holder of Senior Indebtedness of the Company or any other creditor of the Company.

Appears in 4 contracts

Samples: Zion Oil & Gas Inc, Zion Oil & Gas Inc, Orgenesis Inc.

Trust Moneys Not Subordinated. Notwithstanding anything contained herein to the contrary, payments from money or the proceeds of U.S. Government Obligations held in trust under Article XI VIII by the Trustee for the payment of principal of, and of premium, if any, and interest on, on the Subordinated Debt Securities or the Debt Securities shall not be subordinated to the prior payment of any Senior Indebtedness or subject to the restrictions set forth in this Article XIIX, and none of the Holders thereof shall be obligated to pay over any such amount to the Company or Company, any holder of Senior Indebtedness of the Company Indebtedness, or any other creditor of the Company.

Appears in 4 contracts

Samples: Indenture (Gibraltar Industries, Inc.), Indenture (Libbey Inc), Indenture (Libbey Inc)

Trust Moneys Not Subordinated. Notwithstanding anything contained herein to the contrary, payments from money or the proceeds of U.S. Government Obligations held in trust under Article XI VIII by the Trustee for the payment of principal of, and premium, if any, and interest on, the Subordinated Debt Securities or the Debt Securities shall not be subordinated to the prior payment of any Senior Indebtedness or subject to the restrictions set forth in this Article XIIX, and none of the Holders thereof shall be obligated to pay over any such amount to the Company Company, the Guarantors or any holder of Senior Indebtedness of the Company or any other creditor of the CompanyCompany or the Guarantors.

Appears in 3 contracts

Samples: Indenture (Jones Energy, Inc.), Indenture (Jones Energy Holdings, LLC), Western Wisconsin Sand Company, LLC

Trust Moneys Not Subordinated. Notwithstanding anything contained herein to the contrary, payments from money or the proceeds of U.S. Government Obligations held in a defeasance trust or in trust under Article XI by the Trustee for the payment of principal of, and premium, if any, and interest on, the Subordinated Debt Securities or the Debt Securities shall not be subordinated to the prior payment of any Senior Indebtedness or subject to the restrictions set forth in this Article XIIXIII, and none of the Holders thereof shall be obligated to pay over any such amount to the Company Issuers or any holder of Senior Indebtedness of the Company or any other creditor of the CompanyIssuers.

Appears in 2 contracts

Samples: PNG Finance Corp., Eott Energy Operating Lp

Trust Moneys Not Subordinated. Notwithstanding anything contained herein to the contrary, payments from money or the proceeds of U.S. Government Obligations held in trust under Article XI Thirteen by the Trustee for the payment of principal of, and premium, if any, and interest on, on the Subordinated Debt Securities or the Debt Securities shall not be subordinated to the prior payment of any Senior Indebtedness or subject to the restrictions set forth in on this Article XIIFourteen, and none of the Holders thereof Trustee or the holders of the Subordinated Securities shall be obligated to pay over any such amount to the Company or any holder of Senior Indebtedness of the Company or any other creditor of the Company.

Appears in 2 contracts

Samples: Carlisle Companies Inc, Carlisle Companies Inc

Trust Moneys Not Subordinated. Notwithstanding anything contained herein to the contrary, payments from money or the proceeds of U.S. Government Obligations held in trust under Article XI SECTION 11.02 of this Indenture by the Trustee for the payment of principal of, and premium, if any, of and interest on, on the Subordinated Debt Securities or the Debt Securities shall not be subordinated to the prior payment of any Senior Indebtedness or subject to the restrictions set forth in this Article XIIARTICLE XV, and none of the Holders thereof Securityholders shall be obligated to pay over any such amount to the Company or any holder of Senior Indebtedness of the Company or any other creditor of the Company.

Appears in 2 contracts

Samples: Illinois Power Co, Illinois Power Co

Trust Moneys Not Subordinated. Notwithstanding anything contained herein to the contrary, payments from money moneys or the proceeds of U.S. Government Obligations held in trust under Article XI XIII by the Trustee for the payment of principal of, and premium, if any, and interest on, on the Subordinated Debt Securities or from the Debt Securities date of deposit (if made in compliance with this Indenture) shall not be subordinated to the prior payment of any Senior Indebtedness or subject to the restrictions restraints set forth in this Article XIIArticle, and none of the Holders thereof of Securities or any coupons appertaining thereto shall be obligated to pay over any such amount to the Company or any holder of Senior Indebtedness of the Company or any other creditor of the Company.

Appears in 2 contracts

Samples: Royal Gold Inc /De/, Royal Gold Inc /De/

Trust Moneys Not Subordinated. Notwithstanding anything contained herein to the contrary, payments from money or the proceeds of U.S. Government Obligations held in trust under Article XI VIII of the Indenture by the Trustee for the payment of principal of, and premium, if any, of and interest on, on the Subordinated Debt Securities or the Debt Securities shall not be subordinated to the prior payment of any Guarantor Senior Indebtedness or subject to the restrictions set forth in this Article XIIIII, and none of the Holders thereof Securityholders shall be obligated to pay over any such amount to the Company or Guarantor, any holder of Guarantor Senior Indebtedness or Senior Indebtedness of the Company Company, or any other creditor of the Guarantor or the Company.. 121 8

Appears in 2 contracts

Samples: Nebraska Book Co, NBC Acquisition Corp

Trust Moneys Not Subordinated. Notwithstanding anything contained herein to the contrary, payments from money or the proceeds of U.S. Government Obligations obligations held in trust under Article XI Thirteen by the Trustee for the payment of principal of, and premium, if any, and interest on, the Subordinated Debt Securities or the Debt Securities shall not be subordinated to the prior payment of any Senior Indebtedness or subject to the restrictions set forth in this Article XIIFourteen, and none of the Holders thereof shall be obligated to pay over any such amount to the Company or any holder of Senior Indebtedness of the Company or any other creditor of the Company.

Appears in 1 contract

Samples: Parker Hannifin Corp

Trust Moneys Not Subordinated. Notwithstanding anything contained herein to the contrary, payments from money or the proceeds of U.S. Government Obligations held in trust under Article XI 11 by the Trustee for the payment of principal of, and premium, if any, and interest on, the Subordinated Debt Securities or the Debt Securities shall not be subordinated to the prior payment of any Senior Indebtedness or subject to the restrictions set forth in this Article XII12, and none of the Holders thereof shall be obligated to pay over any such amount to the Company or any holder of Senior Indebtedness of the Company or any other creditor of the Company.

Appears in 1 contract

Samples: Meridian Industrial Trust Inc

Trust Moneys Not Subordinated. Notwithstanding anything ----------------------------- contained herein to the contrary, payments from money or the proceeds of U.S. Government Obligations held in trust under Article XI by the Trustee for the payment of principal of, and premium, if any, and interest on, the Subordinated Debt Securities or the Debt Securities shall not be subordinated to the prior payment of any Senior Indebtedness or subject to the restrictions set forth in this Article XII, and none of the Holders thereof shall be obligated to pay over any such amount to the Company or any holder of Senior Indebtedness of the Company or any other creditor of the Company.

Appears in 1 contract

Samples: Electronic Data Systems Corp /De/

Trust Moneys Not Subordinated. Notwithstanding ------------------------------ anything contained herein to the contrary, payments from money or the proceeds of U.S. Government Obligations held in trust under Article XI by the Trustee for the payment of principal of, and premium, if any, and interest on, the Subordinated Debt Securities or the Debt Securities shall not be subordinated to the prior payment of any Senior Indebtedness or subject to the restrictions set forth in this Article XII, and none of the Holders thereof shall be obligated to pay over any such amount to the 100 Company or any holder of Senior Indebtedness of the Company or any other creditor of the Company.

Appears in 1 contract

Samples: Chirex Inc

Trust Moneys Not Subordinated. Notwithstanding anything contained herein to the contrary, payments from money or the proceeds of U.S. Government Obligations held in trust under Article XI Thirteen by the Trustee for the payment of principal of, and premium, if any, and interest on, on the Subordinated Debt Securities or the Debt Securities shall not be subordinated to the prior payment of any Senior Indebtedness or subject to the restrictions set forth in on this Article XIIFourteen, and none of the Trustee or the Holders thereof of the Subordinated Securities shall be obligated to pay over any such amount to the Company or any holder of Senior Indebtedness of the Company or any other creditor of the Company.

Appears in 1 contract

Samples: Contifinancial Corp

Trust Moneys Not Subordinated. Notwithstanding ------------------------------ anything contained herein to the contrary, payments from money or the proceeds of U.S. Government Obligations held in trust under Article XI by the Trustee for the payment of principal of, and premium, if any, and interest on, the Subordinated Debt Securities or the Debt Securities shall not be subordinated to the prior payment of any Senior Indebtedness or subject to the restrictions set forth in this Article XII, and none of the Holders thereof shall be obligated to pay over any such amount to the Company or any holder of Senior Indebtedness of the Company or any other creditor of the Company.

Appears in 1 contract

Samples: Vintage Petroleum Capital I

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Trust Moneys Not Subordinated. Notwithstanding anything contained herein to the contrary, payments from money or the proceeds of U.S. Government Obligations held in trust under Article XI IV or XIII by the Trustee for the payment of principal of, and premium, if any, and interest on, the Subordinated Debt Securities or the Debt Securities shall not be subordinated to the prior payment of any Senior Indebtedness or subject to the restrictions set forth in this Article XIIArticle, and none of the Holders thereof shall be obligated to pay over any such amount to the Company or any holder of Senior Indebtedness of the Company or any other creditor of the Company.

Appears in 1 contract

Samples: Subordinated Indenture (DXP Enterprises Inc)

Trust Moneys Not Subordinated. Notwithstanding anything contained herein to the contrary, payments from money or the proceeds of U.S. Government Obligations held in trust under Article XI by the Trustee for the payment of principal of, and premium, if any, and interest on, the Subordinated Debt Securities or the Debt 106 106 Securities shall not be subordinated to the prior payment of any Senior Indebtedness or subject to the restrictions set forth in this Article XII, and none of the Holders thereof shall be obligated to pay over any such amount to the Company Issuer or any holder of Senior Indebtedness of the Company Issuer or any other creditor of the CompanyIssuer.

Appears in 1 contract

Samples: H&r Block Inc

Trust Moneys Not Subordinated. Notwithstanding anything contained herein to the contrary, payments from money or the proceeds of U.S. Government Obligations held in a defeasance trust or in trust under Article XI by the Trustee for the payment of principal of, and premium, if any, and interest on, the Subordinated Debt Securities or the Debt Securities shall not be subordinated to the prior payment of any Senior Indebtedness or subject to the restrictions set forth in this Article XIIXIV, and none of the Holders thereof shall be obligated to pay over any such amount to the Company Issuer or any holder of Senior Indebtedness of the Company or any other creditor of the CompanyIssuer.

Appears in 1 contract

Samples: Indenture (Seadrill Partners LLC)

Trust Moneys Not Subordinated. Notwithstanding anything contained herein to the contrary, payments from money or the proceeds of U.S. Government Obligations held in a defeasance trust or in trust under Article XI by the Trustee for the payment of principal of, and premium, if any, and interest on, the Subordinated Debt Securities or the Debt Securities shall not be subordinated to the prior payment of any Senior Indebtedness or subject to the restrictions set forth in this Article XIIXV, and none of the Holders thereof shall be obligated to pay over any such amount to the Company Issuers or any holder of Senior Indebtedness of the Company or any other creditor of the CompanyIssuers.

Appears in 1 contract

Samples: PVR Natural Gas Gathering LLC

Trust Moneys Not Subordinated. Notwithstanding anything contained herein to the contrary, payments from money or the proceeds of U.S. Government Obligations held in trust under Article XI VIII by the Trustee for the payment of principal of, and premium, if any, Principal of and interest on, on the Subordinated Debt Securities or Notes and which were deposited in accordance with the Debt Securities terms and conditions of Article VIII and not in violation of Section 10.3 hereof shall not be subordinated to the prior payment of any Senior Indebtedness of the Company or subject to the restrictions set forth in this Article XIIX, and none of the Holders thereof Noteholders shall be obligated to pay over any such amount to the Company or any holder of Senior Indebtedness of the Company or any other creditor of the Company.

Appears in 1 contract

Samples: Indenture (Purina Mills Inc)

Trust Moneys Not Subordinated. Notwithstanding anything contained herein to the contrary, payments from money or the proceeds of U.S. Government Obligations held in trust under Article XI by the Trustee for the payment of principal of, and premium, if any, and interest on, the Subordinated Debt Securities or the Debt Securities shall not be subordinated to the prior payment of any Senior Indebtedness or subject to the restrictions set forth in this Article XII, and none of the Holders thereof shall be obligated to pay over any such amount to the Company Issuer or any holder of Senior Indebtedness of the Company Issuer or any other creditor of the CompanyIssuer.

Appears in 1 contract

Samples: H&r Block Inc

Trust Moneys Not Subordinated. Notwithstanding anything contained herein to the contrary, payments from money or the proceeds of U.S. Government Obligations held in trust under Article XI by the Trustee for the payment of principal of, and premium, if any, and interest on, the Subordinated Debt Securities or the Debt Securities shall not be subordinated to the prior payment of any Senior Indebtedness or subject to the restrictions set forth in this Article XII, and none of the Holders thereof shall be obligated to pay over any such amount to the Company Issuers or any holder of Senior Indebtedness of the Company Issuers or any other creditor of the CompanyIssuers.

Appears in 1 contract

Samples: Eott Energy Canada Lp

Trust Moneys Not Subordinated. Notwithstanding anything contained herein to the contrary, payments from money or the proceeds of U.S. Government Obligations held in trust under Article XI by the Trustee for the payment of principal of, and premium, if 76 any, and interest on, the Subordinated Debt Securities or the Debt Securities shall not be subordinated to the prior payment of any Senior Indebtedness or subject to the restrictions set forth in this Article XII, and none of the Holders thereof shall be obligated to pay over any such amount to the Company or any holder of Senior Indebtedness of the Company or any other creditor of the Company.

Appears in 1 contract

Samples: Pioneer Natural Resources Usa Inc

Trust Moneys Not Subordinated. Notwithstanding anything contained herein to the contrary, payments from money or the proceeds of U.S. Government Obligations held in trust under Article XI by the Trustee for the payment of principal of, and premium, if anyany , and interest on, the Subordinated Debt Securities or the other Debt Securities shall not be subordinated to the prior payment of any Senior Indebtedness or subject to the restrictions set forth in this Article XII, and none of the Holders thereof shall be obligated to pay over any such amount to the Company or any holder of Senior Indebtedness of the Company or any other creditor of the Company.

Appears in 1 contract

Samples: Guarantee Agreement (Methanex Corp)

Trust Moneys Not Subordinated. Notwithstanding anything contained herein to the contrary, payments from money or the proceeds of U.S. Government Obligations held in trust under Article XI by the Trustee for the payment of principal of, and premium, if any, and interest on, the Subordinated Debt Securities or the Debt Securities shall not be subordinated to the prior payment of any Senior Indebtedness or subject to the restrictions set forth in this Article XII, and none of the Holders thereof shall be obligated to pay over any such amount to the Company Company, any Guarantor or any holder of Senior Indebtedness of the Company or any Guarantor or any other creditor of the CompanyCompany or any Guarantor.

Appears in 1 contract

Samples: Supplemental Indenture (Enterprise Products Partners L P)

Trust Moneys Not Subordinated. Notwithstanding anything contained herein to the contrary, payments from money or the proceeds of U.S. Government Obligations held in a defeasance trust or in trust under Article XI by the Trustee for the payment of principal of, and premium, if any, and interest on, the Subordinated Debt Securities or the Debt Securities shall not be subordinated to the prior payment of any Senior Indebtedness or subject to the restrictions set forth in this Article XIIXIII, and none of the Holders thereof shall be obligated to pay over any such amount to the Company Issuer or any holder of Senior Indebtedness of the Company or any other creditor of the CompanyIssuer.

Appears in 1 contract

Samples: MarkWest New Mexico LP

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