Common use of Default on Designated Senior Indebtedness Clause in Contracts

Default on Designated Senior Indebtedness. The Company may not pay principal of, premium (if any) or interest on, the Securities or make any deposit pursuant to the provisions described under Section 8.01 and may not otherwise purchase, redeem or otherwise retire any Securities (except that the Holders may receive and retain (a) Permitted Junior Securities and (b) payments made from the trust described under Article 8) (collectively, “pay the Securities”) if:

Default on Designated Senior Indebtedness. (a) The Company and the Subsidiary Guarantors may not pay principal of, premium (if any) or interest on, the Securities or make any deposit pursuant to the provisions described under Section 8.01 and may not otherwise purchase, redeem or otherwise retire payment in respect of any Securities Senior Subordinated Obligations (except that the Holders may receive and retain in (aA) Permitted Junior Securities and or (bB) payments made from the trust described under in Article 8) (collectively, “pay the Securities”8 hereof) nor may any amounts be set aside or deposited pursuant to Article 8 if:

Default on Designated Senior Indebtedness. (a) The Company may not pay principal of, premium (if any) or interest on, the Securities or make any deposit pursuant to payment in respect of the provisions described under Section 8.01 and may not otherwise purchase, redeem or otherwise retire any Securities Notes (except that the Holders may receive and retain (a) in Permitted Junior Securities and (b) payments made or from the trust described under pursuant to Article 8) (collectively, “pay the Securities”) if:Eight hereof):

Default on Designated Senior Indebtedness. The Company may not pay principal of, premium (if any) or interest on, the Securities or make any deposit pursuant to the provisions described under Section 8.01 and may not otherwise purchase, redeem or otherwise retire any Securities (except that the Holders may receive and retain (a) The Company shall not make any payment in respect of any Senior Subordinated Obligations (except in Permitted Junior Securities and (b) payments made or from the any trust described under Article 8) (collectively, “pay the Securities”Articles 8 and 12 hereof) if:

Default on Designated Senior Indebtedness. The Company may not pay principal of, premium (if any) or interest on, the Securities or make any deposit pursuant to the provisions described under Section 8.01 and may not otherwise purchase, redeem or otherwise retire any Securities (except that the Holders may receive and retain (a) Permitted Junior Securities and (b) payments made from the trust described under Article 8) (collectively, “"pay the Securities”") if: