Common use of Designated Senior Indebtedness Clause in Contracts

Designated Senior Indebtedness. Each party acknowledges and agrees that the Indebtedness under the Loan Documents is “Designated Senior Indebtedness” (or any similar term) under, and as defined in, the Subordinated Indebtedness or any Additional Unsecured Indebtedness.

Appears in 5 contracts

Samples: Credit Agreement (Sonic Automotive Inc), Credit Agreement (Sonic Automotive Inc), Credit Agreement (Sonic Automotive Inc)

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Designated Senior Indebtedness. Each party acknowledges and agrees that the Indebtedness under the Loan Documents is “Designated Senior Indebtedness” (or any similar term) under, and as defined in, the Subordinated Indenture Indebtedness or any Additional Unsecured Indebtedness.

Appears in 5 contracts

Samples: Credit Agreement (Sonic Automotive Inc), Vehicle Floorplan Credit Agreement (Sonic Automotive Inc), Credit Agreement (Sonic Automotive Inc)

Designated Senior Indebtedness. Each party acknowledges and agrees that the Indebtedness under the Loan Documents is “Designated Senior Indebtedness” (or any similar term) under, and as defined in, the any Subordinated Indebtedness or any Additional Unsecured Indebtedness.

Appears in 2 contracts

Samples: Credit Agreement (Sonic Automotive Inc), Credit Agreement (Sonic Automotive Inc)

Designated Senior Indebtedness. Each party acknowledges and agrees that the Indebtedness under the Loan Documents is “Designated Senior IndebtednessDebt” (or any similar term) under, and as defined in, the Subordinated Indebtedness or any Additional Unsecured Indebtedness.Note Indenture. 121

Appears in 1 contract

Samples: Credit Agreement (Towers Watson & Co.)

Designated Senior Indebtedness. Each party acknowledges and agrees that the Indebtedness under the Loan Documents is “Designated Senior Indebtedness” (or any similar term) under, and as defined in, the Subordinated Indebtedness or any Additional Unsecured Indebtedness.. 146

Appears in 1 contract

Samples: Credit Agreement (Sonic Automotive Inc)

Designated Senior Indebtedness. Each party acknowledges The Borrower and agrees other Loan Parties acknowledge and agree that the Obligations constitute Designated Senior Indebtedness under the Loan Documents is “Designated Senior Indebtedness” (or any similar term) under, and as defined in, Indenture evidencing the Initial Subordinated Indebtedness or any Additional Unsecured Indebtedness.

Appears in 1 contract

Samples: Credit Agreement (Pathmark Stores Inc)

Designated Senior Indebtedness. Each party acknowledges and agrees that the Indebtedness under the Loan Documents is “Designated Senior Indebtedness” (or any similar 159 term) under, and as defined in, the Subordinated Indebtedness or any Additional Unsecured Indebtedness.

Appears in 1 contract

Samples: Credit Agreement (Sonic Automotive Inc)

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Designated Senior Indebtedness. Each party acknowledges and agrees that the Indebtedness under the Loan Documents is “Designated Senior Indebtedness” (or any similar term) under, and as defined in, the Subordinated Indenture Indebtedness or any Additional Unsecured Indebtedness.. 143

Appears in 1 contract

Samples: Syndicated New and Used Vehicle Floorplan Credit Agreement (Sonic Automotive Inc)

Designated Senior Indebtedness. Each party acknowledges and agrees that the Indebtedness under the Loan Documents is “Designated Senior Indebtedness” (or any similar term) under, and as defined in, the Subordinated Indenture Indebtedness or any other Additional Unsecured Subordinated Indebtedness.. SCHEDULE 2.01

Appears in 1 contract

Samples: Credit Agreement (Sonic Automotive Inc)

Designated Senior Indebtedness. Each party acknowledges and agrees that the Indebtedness under the Loan Documents is “Designated Senior Indebtedness” (or any similar term) under, and as defined in, the Subordinated Indenture Indebtedness or any Additional Unsecured Indebtedness.. 134

Appears in 1 contract

Samples: Credit Agreement (Sonic Automotive Inc)

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