Common use of Continuing Subordination Clause in Contracts

Continuing Subordination. The subordination effected by these ------------------------ provisions is a continuing subordination and may not be modified or terminated by the Manager or any other holder of any Management Fees until all of the Senior Debt shall have been indefeasibly paid in full in cash, satisfied and discharged or otherwise defeased under the Indenture. At any time and from time to time, without consent of or notice to the Manager or any other holder of the Management Fees, and without impairing or affecting the obligations of any of them hereunder:

Appears in 2 contracts

Samples: Manager Subordination Agreement (Shreveport Capital Corp), Manager Subordination Agreement (HWCC Shreveport Inc)

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Continuing Subordination. The subordination effected by these ------------------------ provisions is a continuing subordination and may not be modified or terminated by the Manager or any other holder of any Management Fees until all of the Senior Debt shall have been indefeasibly paid in full full, in cash, satisfied and discharged or otherwise defeased under the IndentureOperative Documents. At any time and from time to time, without the consent of of, or notice to to, the Manager or any other holder of the Management Fees, and without impairing or affecting the obligations of any of them hereunder:

Appears in 1 contract

Samples: Participation Agreement (HCS Ii Inc)

Continuing Subordination. The subordination effected by these ------------------------ provisions is a continuing subordination and may not be modified or terminated by the Manager or any other holder of any Management Fees Subordinate Lender until all of the Senior Debt shall have been indefeasibly paid is Paid in full in cash, satisfied and discharged or otherwise defeased under the IndentureFull. At any time and from time to time, without consent of or notice to the Manager or any other holder of the Management FeesSubordinate Lender, and without impairing or affecting the its obligations of any of them hereunder:

Appears in 1 contract

Samples: Loan Agreement (Atlantic Tele Network Inc /De)

Continuing Subordination. The subordination effected by these ------------------------ provisions is a continuing subordination and may not be modified or terminated by the Manager or any other holder of any Management Fees Subordinated Obligations until all of the Senior Debt shall have been indefeasibly paid in full in cash, satisfied and discharged or otherwise defeased under the Indenture. At any time and from time to time, without consent of or notice to the Manager or any other holder of the Management FeesSubordinated Obligations, and without impairing or affecting the obligations of any of them hereunder:

Appears in 1 contract

Samples: Manager Subordination Agreement (Riviera Black Hawk Inc)

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Continuing Subordination. The subordination effected by these ------------------------ provisions is a continuing subordination and may not be modified or terminated by the Manager or any other holder of any Management Fees Subordinated Obligations until all of the Senior Debt shall have been indefeasibly paid in full in cash, satisfied and discharged or otherwise defeased under the Indenture. At any time and from time to time, without consent of or notice to the Manager or any other holder of the Management FeesSubordinated Obligations, and without impairing or affecting the obligations of any of them hereunder:

Appears in 1 contract

Samples: Management Agreement (Isle of Capri Black Hawk Capital Corp)

Continuing Subordination. The subordination effected by these ------------------------ provisions is a continuing subordination and may not be modified or terminated by the Manager Creditor or any other holder of any Management Fees Subordinated Debt until all of the Senior Debt shall have been indefeasibly paid in full in cash, satisfied and discharged or otherwise defeased under the Indenturefull. At any time and from time to time, without consent of or notice to the Manager Creditor or any other holder of the Management FeesSubordinated Debt, and without impairing or affecting the obligations of any of them hereunder:

Appears in 1 contract

Samples: Subordination Agreement (Tower Air Inc)

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