Common use of Designation of Senior Debt Clause in Contracts

Designation of Senior Debt. The Borrower shall not, nor permit any of its Subsidiaries to, designate any Indebtedness, other than the Obligations as “Designated Senior Indebtedness” (or any comparable term enabling the holders thereof to issue payment blockages and exercise other remedies in connection therewith or related thereto) under and as defined in the 2025 Subordinated Note Indenture, the 2022 Subordinated Note Indenture and any documentation with respect to any other subordinated Indebtedness of the Borrower and each of its Subsidiaries.

Designation of Senior Debt. The Borrower shall not, nor and shall not permit any of its Subsidiaries to, to designate any Indebtedness, Indebtedness (other than the Obligations Indebtedness under the Loan Documents and, subject to the Intercreditor Agreement, Indebtedness under the Sponsor Facility Agreement) of the Borrower or any of its Subsidiaries as “Designated Senior Indebtedness” (or other comparable phrasing and designation under any comparable term enabling the holders thereof to issue payment blockages and exercise other remedies in connection therewith or related thereto) under and as defined in the 2025 Subordinated Note Indenture, the 2022 Subordinated Note Indenture and loan documentation entered into by any documentation with respect to any other subordinated Indebtedness of the Borrower and each of its SubsidiariesLoan Party.

Designation of Senior Debt. The Borrower shall not, nor permit any of its Subsidiaries to, designate any Indebtedness, other than the Obligations as “Designated Senior Indebtedness” (or any comparable term enabling the holders thereof to issue payment blockages and exercise other remedies in connection therewith or related thereto) under and as defined in the 2022 Subordinated Note Indenture, the 2025 Subordinated Note Indenture, the 2022 2024/2026 Subordinated Note Indenture and any documentation with respect to any other subordinated Indebtedness of the Borrower and each of its Subsidiaries.

Designation of Senior Debt. The Borrower shall not, nor permit any of its Subsidiaries to, designate any Indebtedness, other than the Obligations as “Designated Senior Indebtedness” (or any comparable term enabling the holders thereof to issue payment blockages and exercise other remedies in connection therewith or related thereto) under and as defined in the 2025 Subordinated Note Indenture, the 2022 2020 Subordinated Note Indenture and any documentation with respect to any other subordinated Indebtedness of the Borrower and each of its Subsidiaries.

Designation of Senior Debt. The Borrower shall not, nor permit any of its Restricted Subsidiaries to, designate any Indebtedness, other than the Loan Document Obligations as “Designated Senior Indebtedness” (or any comparable term enabling the holders thereof to issue payment blockages and exercise other remedies in connection therewith or related thereto) under and as defined in the 2022 Subordinated Note Indenture, the 2025 Subordinated Note Indenture, the 2022 2024/2026 Subordinated Note Indenture and any documentation with respect to any other subordinated Indebtedness of the Borrower and each of its Restricted Subsidiaries.. 153