Common use of No Senior Subordinated Indebtedness Clause in Contracts

No Senior Subordinated Indebtedness. The Company shall not incur any Indebtedness that is subordinate or junior in right of payment to any Senior Indebtedness and senior in right of payment to the Notes.

Appears in 3 contracts

Samples: Nextwave Personal Communications Inc, Nextwave Personal Communications Inc, Nextwave Personal Communications Inc

AutoNDA by SimpleDocs

No Senior Subordinated Indebtedness. The Company shall not incur Incur any Indebtedness that is subordinate or junior in right of payment to any Senior Indebtedness and senior in right of payment to the Notes.

Appears in 1 contract

Samples: Formica Corp

No Senior Subordinated Indebtedness. The Company shall not incur Incur any Indebtedness that is subordinate or junior in right of payment to any Senior Indebtedness and senior in right of payment to the NotesNotes and the Guarantor shall not Incur any Indebtedness that is subordinate or junior in right of payment to any Senior Subordinated Indebtedness and senior in any respect in right of payment to the Note Guarantees.

Appears in 1 contract

Samples: Condor Systems Inc

AutoNDA by SimpleDocs

No Senior Subordinated Indebtedness. The Company shall not incur any Indebtedness that is subordinate or junior in right of payment to any Senior Indebtedness and senior in right of payment to the NotesNotes and no Guarantor shall incur any Indebtedness that is subordinate or junior in right of payment to any Senior Indebtedness and senior in any respect in right of payment to such Guarantor's Note Guarantee.

Appears in 1 contract

Samples: Merrill Corp

Time is Money Join Law Insider Premium to draft better contracts faster.