Common use of Guarantees of Indebtedness Clause in Contracts

Guarantees of Indebtedness. Incurred in accordance with the provisions of the Indenture; provided that in the event such Indebtedness that is being Guaranteed is a Subordinated Obligation or a Guarantor Subordinated Obligation, then the related Guarantee shall be subordinated in right of payment to the Notes or the Subsidiary Guarantee to at least the same extent as the Indebtedness being Guaranteed, as the case may be;

Appears in 7 contracts

Samples: Tenth Supplemental Indenture (Concho Resources Inc), Supplemental Indenture (Concho Resources Inc), Supplemental Indenture (Concho Resources Inc)

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Guarantees of Indebtedness. Incurred in accordance with the provisions of the this Indenture; provided that in the event such Indebtedness that is being Guaranteed is a Subordinated Obligation or a Guarantor Subordinated Obligation, then the related Guarantee shall be subordinated in right of payment to the Notes or the Subsidiary Guarantee to at least the same extent as the Indebtedness being Guaranteed, as the case may be;

Appears in 1 contract

Samples: Indenture (Stone Energy Offshore, L.L.C.)

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Guarantees of Indebtedness. Incurred in accordance with the provisions of the this Indenture; provided that in the event such Indebtedness that is being Guaranteed is a Subordinated Obligation or a Guarantor Subordinated Obligation, then the related Guarantee shall be subordinated in right of payment to the Notes or the Subsidiary Guarantee to at least the same extent as the Indebtedness being Guaranteed, as the case may beSecurities;

Appears in 1 contract

Samples: Indenture (NCL CORP Ltd.)

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