No Payment When Senior Indebtedness in Default. In the event that any Senior Payment Default (as defined below) shall have occurred and be continuing, then no Securities Payment shall be made, unless and until such Senior Payment Default shall have been cured or waived in writing or shall have ceased to exist or all amounts then due and payable in respect of such Senior Indebtedness (including, without limitation, amounts that have become and remain due by acceleration) shall have been paid in full in cash. "
Appears in 3 contracts
Samples: Indenture (American General Corp /Tx/), American General Corp /Tx/, American General Capital Iv
No Payment When Senior Indebtedness in Default. In the event that any Senior Payment Default (as defined below) shall have occurred and be continuing, then no Securities Payment shall be made, made unless and until such Senior Payment Default shall have been cured or waived in writing or shall have ceased to exist or all amounts then due and payable in respect of such Senior Indebtedness (including, without limitation, amounts that have become and remain due by acceleration) shall have been paid in full full, or provision shall have been made for such payment in cashcash or cash equivalents or otherwise in a manner satisfactory to the holders of Senior Indebtedness. "
Appears in 2 contracts
Samples: Securities Indenture (Western Wireless Corp), Western Wireless Corp
No Payment When Senior Indebtedness in Default. (i) In the event that any Senior Payment Default (as defined below) shall have occurred and be continuing, then no Securities Note Payment shall be made, made unless and until such Senior Payment Default shall have been cured or waived in writing or shall have ceased to exist or all amounts then due and payable in respect of such Senior Indebtedness (including, without limitation, amounts that have become and remain due by acceleration) shall have been paid in full in cash. "cash or moneys’ worth.
Appears in 1 contract
Samples: Security Agreement (Endostim, Inc.)
No Payment When Senior Indebtedness in Default. (a) In the event that any Senior Payment Default (as defined below) shall have occurred and be continuing, then no Securities Debenture Payment shall be made, made unless and until such Senior Payment Default shall have been cured or waived in writing or shall have ceased to exist or all amounts then due and payable in respect of such Senior Indebtedness (including, without limitation, amounts that have become and remain due by acceleration) shall have been paid in full in cashfull. "“
Appears in 1 contract
No Payment When Senior Indebtedness in Default. In the event that any Senior Payment Default (as defined below) shall have occurred and be continuing, then no Securities Notes Payment shall be made, made unless and until such Senior Payment Default shall have been cured or waived in writing or shall have ceased to exist or all amounts then due and payable in respect of such Senior Indebtedness (including, without limitation, amounts that have become and remain due by acceleration) shall have been paid in full in cash. "shall
Appears in 1 contract
