Subordination Rights definition

Subordination Rights shall have the meaning specified in Section 3.04 hereof.
Subordination Rights. Not Impaired by Acts or Omissions of Maker or the Maker or Holders of Senior Indebtedness. No right of any present or future holders of any Senior 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 or by any act or failure to act 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 Indebtedness may, without in any way affecting the obligations of the Holder with respect hereto, 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 Indebtedness or amend, modify or supplement any agreement or instrument governing or evidencing such Senior Indebtedness or any other document referred to therein, or exercise or refrain from exercising any other of their rights under the Senior Indebtedness including, without limitation, the waiver of default thereunder and the release of any collateral securing such Senior Indebtedness, all without notice to or assent from the Holder. Nothing in this Section 5.6 shall be deemed to modify or negate in any way the limitations on the amount of Senior Indebtedness to which this Note is subordinated as described in Section 5.8 herein.
Subordination Rights. Not Impaired by Acts or Omissions of the Company or Holders of Senior Debt 69 SECTION 8.10...Holders Authorize Trustee to Effectuate Subordination of Securities 69 SECTION 8.11...This Article Not to Prevent Events of Default 69 SECTION 8.12...Trustee's Compensation Not Prejudiced 70 SECTION 8.13...No Waiver of Subordination Provisions 70 SECTION 8.14...Subordination Provisions Not Applicable to Money Held in Trust for Holders 70 SECTION 8.15...Amendments 70 ARTICLE Nine

Examples of Subordination Rights in a sentence

  • Subordination Rights Not Impaired by Acts or Omissions of the Company or Holders of Senior Indebtedness.

  • Subordination Rights Not Impaired by Acts or Omissions of the Company or Holders of Senior Debt.

  • Subordination Rights not Impaired by Acts or Omissions of Company or Holders of Senior Indebtedness.

  • Subordination Rights Not Impaired by Acts or Omissions of Company or Holders of Senior Indebtedness .

  • Subordination Rights Not Impaired by Acts or Omissions of Company or Holders of Senior Debt.......................................

  • Subordination Rights Not Impaired by Acts or Omissions of the Company or Holders of Senior Indebtedness .

  • Subordination Rights Not Impaired by Acts or Omissions of the Company or Holders of Senior Debt...............................

  • Subordination Rights Not Impaired by Acts or Omissions of the Company or Holders of Senior Indebtedness 37 Section 11.10.

  • Subordination Rights Not Impaired by Acts or Omissions of the Company or Holders of Senior Debt 69 Section 1410.

  • Subordination Rights Not Impaired by Acts or Omissions of the Company, the Guarantors or Holders of Senior Debt .


More Definitions of Subordination Rights

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 provisions contained in this Section 8 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 Agreement, regardless of any knowledge thereof which any such holder may have or be otherwise charged with. The holders of Senior Indebtedness may extend, renew, modify or amend the terms of the Senior Indebtedness or any security therefor and release, sell or exchange such security and otherwise deal freely with the Company all without affecting the liabilities and obligations of the parties to this Agreement or the Holders.
Subordination Rights means the subordination provisions contained in Article 14 of the Senior Subordinated Notes Indentures.
Subordination Rights means the subordination provisions contained in Article X of the Subordinated Notes Indenture and Article 10 of the Stub Notes Indenture.
Subordination Rights means the subordination rights of the Holders of the Prepetition Senior Secured Notes (as modified by that certain order entered by the Bankruptcy Court on October 31, 2002) and the Prepetition Senior Notes pursuant to the Prepetition Subordinated Notes Indenture, or any supplemental indenture thereto.
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 provisions contained in this Section 13 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 any Subsidiary 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 Agreement, or by any noncompliance by any Subsidiary with the terms of the Subordinated Guaranty regardless of any knowledge thereof with which any such holder may have or be otherwise charged. The holders of Senior Indebtedness may extend, renew, modify or amend the terms of the Senior Indebted- ness or any security therefor and release, sell or exchange such security and otherwise deal freely with the Company and the Subsidiaries all without affecting the liabilities and obliga- tions of the parties to this Agreement, the subordination provi- sions of this Section 13 or the rights of holders of Senior Indebtedness to enforce such provisions.