Common use of Default on Designated Senior Debt Clause in Contracts

Default on Designated Senior Debt. The Company may not make any payment in respect of the Notes or any distribution of assets or proceeds (except in respect of Permitted Junior Securities or from the trust pursuant to Article Thirteen hereof) if:

Appears in 2 contracts

Samples: Esterline Technologies Corp, Indenture (Armor Holdings Inc)

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Default on Designated Senior Debt. The Company may not make any payment in respect of the Notes or any distribution of assets or proceeds (except in respect of Permitted Junior Securities or from the trust pursuant to Article Thirteen hereofVIII) if:

Appears in 1 contract

Samples: Triumph Group Inc /

Default on Designated Senior Debt. The Company may not make any payment in respect of the Notes or any distribution of assets or proceeds (except in respect of Permitted Junior Securities or from the trust pursuant to Article Thirteen Eight hereof) if:

Appears in 1 contract

Samples: Longview Fibre Co

Default on Designated Senior Debt. The Company may not make any payment upon or in respect of the Notes or any distribution of assets or proceeds (except payments in respect of Permitted Junior Securities or and payments made from the trust pursuant to trusts described in Article Thirteen 8 hereof) if:

Appears in 1 contract

Samples: Duane Reade Inc

Default on Designated Senior Debt. The Company may shall not make any payment in respect of the Notes or any distribution of assets or proceeds (except in respect of Permitted Junior Securities or from the trust pursuant to Article Thirteen VIII hereof) if:

Appears in 1 contract

Samples: Spectrum Brands, Inc.

Default on Designated Senior Debt. The Company may not make any payment in respect of the Notes or any distribution of assets or proceeds (except in respect of Permitted Junior Securities or from the trust described under Article 8) and will not make any deposit pursuant to the provisions described under Article Thirteen hereof) 8 if:

Appears in 1 contract

Samples: Neighborcare Inc

Default on Designated Senior Debt. The Company may not make any payment upon or in respect of the Notes or any distribution of assets or proceeds (except in respect of Permitted Junior Securities or from the trust pursuant to Article Thirteen hereof) if:

Appears in 1 contract

Samples: Indenture (Concentric Network Corp)

Default on Designated Senior Debt. The Company may shall not make any payment upon or in respect of the Notes or any distribution of assets or proceeds (except in respect of Permitted Junior Securities or from the any defeasance trust created pursuant to Article Thirteen Section 8.01 hereof) if:

Appears in 1 contract

Samples: Timco Engine Center Inc

Default on Designated Senior Debt. The Company may not make any payment in respect of the Notes or any distribution of assets or proceeds (except in respect of Permitted Junior Securities or from the trust pursuant to Article Thirteen hereof) if:

Appears in 1 contract

Samples: Indenture (O Charleys Inc)

Default on Designated Senior Debt. The Company may shall not make any payment in respect of the Notes or any distribution of assets or proceeds (except in respect of Permitted Junior Securities or from the trust pursuant to Article Thirteen Eight hereof) if:

Appears in 1 contract

Samples: Indenture (Ames True Temper, Inc.)

Default on Designated Senior Debt. The Company may shall not make any payment in respect of the Notes or any distribution of assets or proceeds (except in respect of Permitted Junior Securities or from the trust pursuant to Article Thirteen 8 hereof) if:

Appears in 1 contract

Samples: Indenture (Rayovac Corp)

Default on Designated Senior Debt. (a) The Company may not make any payment in respect of the Notes or any distribution of assets or proceeds (except in respect of Permitted Junior Securities or from the trust pursuant to Article Thirteen hereof) if:

Appears in 1 contract

Samples: Indenture (Salant Corp)

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Default on Designated Senior Debt. The Company may not make any payment in respect of the Notes or any distribution of assets or proceeds (except in respect of Permitted Junior Securities or from the trust pursuant to Article Thirteen Eight hereof) if:

Appears in 1 contract

Samples: Indenture (Science Craftsman INC)

Default on Designated Senior Debt. The Company may not make any payment in respect of the Notes or any distribution of assets or proceeds (except in respect of Permitted Junior Securities or from the trust described under Article 8 and will not make any deposit pursuant to the provisions described under Article Thirteen hereof) 8 if:

Appears in 1 contract

Samples: Genesis Healthcare Corp

Default on Designated Senior Debt. The Company may not make any payment in respect of the Notes or any distribution of assets or proceeds (except in respect of Permitted Junior Securities or from the trust pursuant to Article Thirteen Eight hereof) if:):

Appears in 1 contract

Samples: Aaipharma Inc

Default on Designated Senior Debt. (a) The Company may shall not make any payment in respect of the Notes or any distribution of assets or proceeds (except in respect of Permitted Junior Securities or from the trust trusts pursuant to Article Thirteen hereofEight or Section 11.01) if:

Appears in 1 contract

Samples: Indenture (Hexacomb CORP)

Default on Designated Senior Debt. The Company may not make any payment in respect of the Notes or any distribution of assets or proceeds (except in respect of Permitted Junior Securities or from the trust pursuant to Article Thirteen Eight hereof) if:).

Appears in 1 contract

Samples: Klingel Carpenter Mortuary Inc

Default on Designated Senior Debt. (a) The Company may not make any payment in respect of the Notes or any distribution of assets or proceeds (except in respect of Permitted Junior Securities or from the trust pursuant to Article Thirteen VIII hereof) if:

Appears in 1 contract

Samples: Alliance One International, Inc.

Default on Designated Senior Debt. (a) The Company may not make any payment in respect of the Notes or any distribution of assets or proceeds (except in respect of Permitted Junior Securities or from the trust pursuant to Article Thirteen hereofEight) if:

Appears in 1 contract

Samples: Indenture (Moog Inc)

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