Examples of Additional Senior Indebtedness in a sentence
Each Related Person will take all actions necessary to avoid becoming obligated to make any unscheduled payment on any Additional Senior Indebtedness in violation of the preceding sentence.
No Related Person will make any unscheduled payment (as defined in the immediately preceding subsection (b)) on any Additional Senior Indebtedness at any time when a Borrowing Base Deficiency or Default exists (unless immediately after the making of such unscheduled payment no Borrowing Base Deficiency or Default will exist) or if such incurrence would cause any Borrowing Base Deficiency or Default to exist.
Any covenants contained in agreements evidencing Permitted Additional Senior Indebtedness which are more restrictive to the Loan Parties than the covenants contained herein as determined by the Agent shall be incorporated by reference herein.
On the date hereof, no Related Person has any Permitted Priority Senior Indebtedness, other Additional Senior Indebtedness, Subordinated Indebtedness, Permitted Subordinated Trust Indebtedness, Allowed Puts or Non-Recourse Indebtedness, and no Forward Sales/Production Payments exist or Permitted Preferred Trust Securities are outstanding, except as listed in the Disclosure Schedule.
The terms and provisions of this Agreement shall be for the sole benefit of the Bank Parties, the Noteholders, the Synthetic Lease Investor, the Synthetic Lease Financers, and the holder of any Additional Senior Indebtedness which hereafter becomes a party to this Agreement by executing a joinder agreement in form and substance acceptable to the Secured Creditors, and the respective successors and assigns of the foregoing parties.