Common use of No Waiver of Subordination Provisions Clause in Contracts

No Waiver of Subordination Provisions. Without in any way limiting the generality of Section 15.9, the holders of Senior Debt may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders, without incurring responsibility to the Holders and without impairing or releasing the subordination provided in this Article Fifteen or the obligations hereunder of the Holders to the holders of Senior Debt, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Senior Debt or any instrument evidencing the same or any agreement under which Senior Debt is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior Debt; (c) release any Person liable in any manner for the collection of Senior Debt; and (d) exercise or refrain from exercising any rights against the Company and any other Person.

Appears in 8 contracts

Samples: Indenture (Tetra Technologies Inc), El Paso Pipeline Partners Operating Company, L.L.C., Rowan Companies Inc

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No Waiver of Subordination Provisions. Without in any way limiting the generality of Section 15.914.9, the holders of Senior Debt may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders, without incurring responsibility to the Holders and without impairing or releasing the subordination provided in this Article Fifteen Fourteen or the obligations hereunder of the Holders to the holders of Senior Debt, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Senior Debt or any instrument evidencing the same or any agreement under which Senior Debt is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior Debt; (c) release any Person liable in any manner for the collection of Senior Debt; and (d) exercise or refrain from exercising any rights against the Company and any other Person.

Appears in 6 contracts

Samples: Indenture (Pacific Ethanol, Inc.), Indenture (Globalstar, Inc.), Indenture (Globalstar, Inc.)

No Waiver of Subordination Provisions. Without in any way limiting the generality of Section 15.910.09, the holders of Senior Debt Indebtedness may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders, without incurring responsibility to the Holders and without impairing or releasing the subordination provided in this Article Fifteen Ten or the obligations hereunder of the Holders to the holders of Senior DebtIndebtedness, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Senior Debt Indebtedness or any instrument evidencing the same or any agreement under which Senior Debt Indebtedness is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior DebtIndebtedness; (c) release any Person liable in any manner for the collection of Senior DebtIndebtedness; and (d) exercise or refrain from exercising any rights against the Company and any other Person.

Appears in 5 contracts

Samples: Indenture (Silgan Holdings Inc), Ingram Micro Inc, Indenture (Extended Stay America Inc)

No Waiver of Subordination Provisions. Without in any way limiting the generality of Section 15.910.09, the holders of Senior Debt may, at any time and from time to time, without the consent of or notice to the Trustee or the HoldersHolders of the Securities, without incurring responsibility to the Holders of the Securities and without impairing or releasing the subordination provided in this Article Fifteen 10 or the obligations hereunder of the Holders of the Securities to the holders of Senior Debt, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Senior Debt or any instrument evidencing the same or any agreement under which Senior Debt is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior Debt; (c) release any Person liable in any manner for the collection of Senior Debt; and (d) exercise or refrain from exercising any rights against the Company Issuer and any other Person.

Appears in 4 contracts

Samples: Indenture (Scientific Games Corp), Indenture (Scientific Games Corp), Indenture (Scientific Games Corp)

No Waiver of Subordination Provisions. Without in any way limiting the generality of Section 15.9, the holders of Senior Debt may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders, without incurring responsibility to the Holders and without impairing or releasing the subordination provided in this Article Fifteen XV or the obligations hereunder of the Holders to the holders of Senior Debt, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Senior Debt or any instrument evidencing the same or any agreement under which Senior Debt is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior Debt; (c) release any Person liable in any manner for the collection of Senior Debt; and (d) exercise or refrain from exercising any rights against the Company Issuer and any other Person.

Appears in 4 contracts

Samples: Indenture (Lions Gate Entertainment Inc), First Supplemental Indenture (Lions Gate Entertainment Corp /Cn/), First Supplemental Indenture (Lions Gate Entertainment Corp /Cn/)

No Waiver of Subordination Provisions. Without in any way limiting the generality of Section 15.9, the holders of Senior Debt may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders, without incurring responsibility to the Holders and without impairing or releasing the subordination provided in this Article Fifteen or the obligations hereunder of the Holders to the holders of Senior Debt, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Senior Debt or any instrument evidencing the same or any agreement under which Senior Debt is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior Debt; (c) release any Person liable in any manner for the collection of Senior Debt; and (d) exercise or refrain from exercising any rights against the Company Partnership and any other Person.

Appears in 3 contracts

Samples: Indenture (Cheniere Energy Partners, L.P.), Cheniere Energy Partners, L.P., Sanchez Production Partners LP

No Waiver of Subordination Provisions. Without in any way limiting ------------------------------------- the generality of Section 15.97, the holders of Senior Debt may, at any time and from time to time, without the consent of or notice to the Trustee or the Holdersany holder of any Note, without incurring responsibility to the Holders holder of any Note and without impairing or releasing the subordination provided in this Article Fifteen Subordination Agreement or the obligations hereunder of the Holders holder(s) of the Notes to the holders of Senior Debt, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Senior Debt or any instrument evidencing the same or any agreement under which Senior Debt is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior Debt; (c) release any Person liable in any manner for the collection of Senior Debt; Debt and (d) exercise or refrain from exercising any rights against the Company and any other Person.

Appears in 3 contracts

Samples: Subordination Agreement (Dovebid Inc), Stock Purchase Agreement (Dovebid Inc), Subordination Agreement (Dovebid Inc)

No Waiver of Subordination Provisions. Without in any way limiting the generality of Section 15.9[10.09], the holders of Senior Debt may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders, without incurring responsibility to the Holders and without impairing or releasing the subordination provided in this Article Fifteen 10 or the obligations hereunder of the Holders to the holders of Senior Debt, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Senior Debt, or otherwise amend or supplement in any manner Senior Debt or any instrument evidencing the same or any agreement under which Senior Debt is outstanding or securedoutstanding; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior Debt; (c) release any Person liable in any manner for the collection of Senior Debt; and (d) exercise or refrain from exercising any rights against the Company and any other Person.

Appears in 2 contracts

Samples: Teleflex Inc, Teleflex Inc

No Waiver of Subordination Provisions. Without in any way limiting the generality of Section 15.910.09, the holders of Senior Debt may, at any time and from time to time, without the consent of or notice to the Trustee or the HoldersHolders of the Securities, without incurring responsibility to the Holders of the Securities and without impairing or releasing the subordination provided in this Article Fifteen Ten or the obligations hereunder of the Holders of the Securities to the holders of Senior Debt, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Senior Debt or any instrument evidencing the same or any agreement under which Senior Debt is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior Debt; (c) release any Person liable in any manner for the collection of Senior Debt; and (d) exercise or refrain from exercising any rights against the Company and any other Person.

Appears in 2 contracts

Samples: Indenture (Scientific Games Corp), Autotote Corp

No Waiver of Subordination Provisions. Without in any way limiting the generality of Section 15.911.11, the holders of Senior Debt may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders, without incurring responsibility to the Holders and without impairing or releasing the subordination provided in this Article Fifteen Eleven or the obligations hereunder of the Holders to the holders of Senior Debt, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Senior Debt or any instrument evidencing the same or any agreement under which Senior Debt is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior Debt; (c) release any Person liable in any manner for the collection of Senior Debt; and (d) exercise or refrain from exercising any rights against the Company and any other Person.

Appears in 2 contracts

Samples: Supplemental Indenture (Globalstar, Inc.), Third Supplemental Indenture (Globalstar, Inc.)

No Waiver of Subordination Provisions. Without in any way limiting the generality of Section 15.98.9, the holders of Senior Debt Indebtedness may, at any time and from time to time, without the consent of or notice to the Trustee Arranger or the HoldersLenders, without incurring responsibility to the Holders Lenders and without impairing or releasing the subordination provided in this Article Fifteen Section 8 or the obligations hereunder of the Holders Lenders to the holders of Senior DebtIndebtedness, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Senior Debt Indebtedness or any instrument evidencing the same or any agreement under which Senior Debt Indebtedness is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior DebtIndebtedness; (c) release any Person liable in any manner for the collection of Senior DebtIndebtedness; and (d) exercise or refrain from exercising any rights against the Company Borrower and any other Person.

Appears in 2 contracts

Samples: Primestar Inc, Primestar Inc

No Waiver of Subordination Provisions. Without in any way limiting the generality of Section 15.910.9 of this Indenture, the holders of Senior Debt may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders, without incurring responsibility to the Holders and without impairing or releasing the subordination provided in this Article Fifteen Ten or the obligations hereunder of the Holders to the holders of Senior Debt, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Senior Debt or any instrument evidencing the same or any agreement under which Senior Debt is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior Debt; (c) release any Person liable in any manner for the collection of Senior Debt; and (d) exercise or refrain from exercising any rights against the Company and each Subsidiary Guarantor and any other Person.

Appears in 2 contracts

Samples: Indenture (Lomak Petroleum Inc), Canton Oil & Gas Co

No Waiver of Subordination Provisions. Without in any way limiting the generality of Section 15.910.09 of this Indenture, the holders of Senior Debt may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders, without incurring responsibility to the Holders and without impairing or releasing the subordination provided in this Article Fifteen 10 or the obligations hereunder of the Holders to the holders of Senior Debt, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Senior Debt or any instrument evidencing the same or any agreement under which Senior Debt is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior Debt; (c) release any Person liable in any manner for the collection of Senior Debt; and (d) exercise or refrain from exercising any rights against the Company and each Subsidiary Guarantor and any other Person.

Appears in 2 contracts

Samples: Range Resources (Range Energy I Inc), Indenture (Range Resources Corp)

No Waiver of Subordination Provisions. Without in any way limiting the generality of Section 15.910.07, the holders of Senior Debt may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders, without incurring responsibility to the Holders and without impairing or releasing the subordination provided in this Article Fifteen 12 or the obligations hereunder of the Holders to the holders of Senior Debt, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Senior Debt or any instrument evidencing the same or any agreement under which Senior Debt is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior Debt; (c) release any Person liable in any manner for the collection of Senior Debt; and (d) exercise or refrain from exercising any rights against the Company Company, and Subsidiary Guarantor and any other Person.

Appears in 1 contract

Samples: Joint Operating Agreement (Rutherford-Moran Oil Corp)

No Waiver of Subordination Provisions. Without in any way limiting the generality of Section 15.910.9 of this Indenture, the holders of Senior Debt may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders, without incurring responsibility to the Holders and without impairing or releasing the subordination provided in this Article Fifteen Ten or the obligations hereunder of the Holders to the holders of Senior Debt, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Senior Debt or 101 95 any instrument evidencing the same or any agreement under which Senior Debt is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior Debt; (c) release any Person liable in any manner for the collection of Senior Debt; and (d) exercise or refrain from exercising any rights against the Company and each Subsidiary Guarantor (if any) and any other Person.

Appears in 1 contract

Samples: Belco Oil & Gas Corp

No Waiver of Subordination Provisions. Without in any way limiting the generality of Section 15.9Article 8 of this Agreement, the holders of Senior Debt Lender may, at any time and from time to time, without the consent of or notice to the Trustee or the HoldersCreditor, without incurring responsibility to the Holders Creditor, and without impairing or releasing the subordination and standstill provided in this Article Fifteen Agreement or the obligations hereunder of the Holders Creditor to the holders of Senior DebtLender, do any one or more of the following: ; (a) change the manner, place or terms of payment or extend the time of payment of, increase the amount of or interest rates with respect to, or otherwise renew or alter, the Senior Debt Obligations or any instrument evidencing the same or any agreement under which Senior Debt is Obligations are outstanding or secured; , (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior DebtObligations; (c) release any Person person liable in any manner for the collection of Senior DebtObligations; and (d) exercise or refrain from exercising any rights against the Company Borrowers and any other Personperson.

Appears in 1 contract

Samples: Subordination Agreement (U S Vision Inc)

No Waiver of Subordination Provisions. Without in any way limiting the generality of Section 15.910.9 of this Indenture, the holders of Senior Debt may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders, without incurring responsibility to the Holders and without impairing or releasing the subordination provided in this Article Fifteen Ten or the obligations hereunder of the Holders to the holders of Senior Debt, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Senior Debt or any instrument evidencing the same or any agreement under which Senior Debt is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior Debt; (c) release any Person liable in any manner for the collection of Senior Debt; and (d) exercise or refrain from exercising any rights against the Company and each Subsidiary Guarantor, if any, and any other Person.

Appears in 1 contract

Samples: Indenture (Energy Corp of America)

No Waiver of Subordination Provisions. Without in any way limiting the generality of Section 15.98.09, the holders of Senior Debt may, at any time and from time to time, without the consent of or notice to the Trustee or the HoldersHolders of the Notes, without incurring responsibility to the Holders of the Notes and without impairing or releasing the subordination provided in this Article Fifteen or the obligations hereunder of the Holders of the Notes to the holders of Senior Debt, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Senior Debt or any instrument evidencing the same or any agreement under which Senior Debt is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior Debt; (c) release any Person liable in any manner for the collection of Senior Debt; and (d) exercise or refrain from exercising any rights against the Company Issuer and any other Person.

Appears in 1 contract

Samples: HRM Holdings Corp

No Waiver of Subordination Provisions. Without in any way limiting the generality of Section 15.98.7, the holders of Senior Debt Creditors may, at any time and from time to time, without the consent of or notice to the Trustee or the HoldersHolder, without incurring responsibility to no the Holders Holder and without impairing or releasing the subordination provided in this Article Fifteen Section 8 or the obligations hereunder of the Holders Holder to the holders of Senior DebtCreditors, do any one or more of the following: ; (a) change the manner, place or terms of payment or extend the time of payment of, increase the amount of or interest rates with respect to, or otherwise renew or alter, the Senior Debt Obligations or any instrument evidencing the same or any agreement under which Senior Debt is Obligations are outstanding or secured; , (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior DebtObligations; (c) release any Person liable in any manner for the collection of Senior DebtObligations; and (d) exercise or refrain from exercising any rights against the Company and any other Person.

Appears in 1 contract

Samples: Asset Purchase Agreement (Berger Holdings LTD)

No Waiver of Subordination Provisions. Without in any way limiting the generality of Section 15.910.09, the holders of Senior Debt Lenders may, at any time and from time to time, without the consent of or notice to the Trustee Administrative Agent or the HoldersLenders, without incurring responsibility to the Holders Lenders and without impairing or releasing the subordination provided in this Article Fifteen X or the obligations hereunder of the Holders Lenders to the holders of Senior DebtLenders, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Senior Debt Indebtedness or any instrument evidencing the same or any agreement under which Senior Debt Indebtedness is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior DebtIndebtedness; (c) release any Person liable in any manner for the collection of Senior DebtIndebtedness; and (d) exercise or refrain from exercising any rights against the Company Loan Parties and any other Person.

Appears in 1 contract

Samples: Senior Subordinated Credit Agreement (Lifepoint Hospitals, Inc.)

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No Waiver of Subordination Provisions. Without in any way limiting the generality of Section 15.97, the holders of Senior Debt may, at any time and from time to time, without the consent of or notice to the Trustee or holder of the HoldersNote, without incurring responsibility to the Holders holder of the Note and without impairing or releasing the subordination provided in this Article Fifteen Subordination Agreement or the obligations hereunder of the Holders holder of the Note to the holders of Senior Debt, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Senior Debt or any instrument evidencing the same or any agreement under which Senior Debt is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior Debt; (c) release any Person liable in any manner for the collection of Senior Debt; Debt and (d) exercise or refrain from exercising any rights against the Company and any other Person.

Appears in 1 contract

Samples: Subordination Agreement (Dovebid Inc)

No Waiver of Subordination Provisions. Without in any way limiting the generality of Section 15.910.09 of this Indenture, the holders of Senior Debt may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders, without incurring responsibility to the Holders and without impairing or releasing the subordination provided in this Article Fifteen Ten or the obligations hereunder of the Holders to the holders of Senior Debt, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Senior Debt or any instrument evidencing the same or any agreement under which Senior Debt is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior Debt; (c) release any Person liable in any manner for the collection of Senior Debt; and (d) exercise or refrain from exercising any rights against the Company and any other Person.

Appears in 1 contract

Samples: Forcenergy Inc

No Waiver of Subordination Provisions. Without in any way limiting the generality of Section 15.98 of this Agreement, the holders of Senior Debt Lender may, at any time and from time to time, without the consent of or notice to the Trustee or the HoldersCreditor, without incurring responsibility to the Holders Creditor, and without impairing or releasing the subordination and standstill provided in this Article Fifteen Agreement or the obligations hereunder of the Holders Creditor to the holders of Senior DebtLender, do any one or more of the following: ; (a) change the manner, place or terms of payment or extend the time of payment of, increase the amount of or interest rates with respect to, or otherwise renew or alter, the Senior Debt Obligations or any instrument evidencing the same or any agreement under which Senior Debt is Obligations are outstanding or secured; , (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior DebtObligations; (c) release any Person person liable in any manner for the collection of Senior DebtObligations; and (d) exercise or refrain from exercising any rights against the Company Borrowers and any other Personperson.

Appears in 1 contract

Samples: Marketing Agreement (U S Vision Inc)

No Waiver of Subordination Provisions. Without in any way limiting the generality of Section 15.910.9 of this Indenture, the holders of Senior Debt may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders, without incurring responsibility to the Holders and without impairing or releasing the subordination provided in this Article Fifteen 10 or the obligations hereunder of the Holders to the holders of Senior Debt, do any one or more of the following: (ai) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Senior Debt or any instrument evidencing the same or any agreement under which Senior Debt is outstanding or secured; (bii) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior Debt; (ciii) release any Person person liable in any manner for the collection of Senior Debt; and (div) exercise or refrain from exercising any rights against the Company Issuer and the Guarantor and any other Personperson.

Appears in 1 contract

Samples: Mesa Inc

No Waiver of Subordination Provisions. Without in any way limiting the generality of Section 15.910.09 of this Indenture, the holders of Senior Debt may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders, without incurring responsibility to the Holders and without impairing or releasing the subordination provided in this Article Fifteen 10 or the obligations hereunder of the Holders to the holders of Senior Debt, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Senior Debt or any instrument evidencing the same or any agreement under which Senior Debt is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior Debt; (c) release any Person liable in any manner for the collection of Senior Debt; and (d) exercise or refrain from exercising any rights against the Company and any other Person.

Appears in 1 contract

Samples: Forcenergy Inc

No Waiver of Subordination Provisions. Without in any way limiting the generality of Section 15.910.09, the holders of Senior Debt Indebtedness may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders, without incurring responsibility to the Holders and without impairing or releasing the subordination provided in this Article Fifteen X or the obligations hereunder of the Holders to the holders of Senior DebtIndebtedness, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Senior Debt Indebtedness or any instrument evidencing the same or any agreement under which Senior Debt Indebtedness is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior DebtIndebtedness; (c) release any Person liable in any manner for the collection of Senior DebtIndebtedness; and (d) exercise or refrain from exercising any rights against the Company and any other Person.

Appears in 1 contract

Samples: Indenture (Extended Stay America Inc)

No Waiver of Subordination Provisions. Without in any way limiting the generality of Section 15.911.09, the holders of Senior Debt may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders, without incurring responsibility to the Holders and without impairing or releasing the subordination provided in this Article Fifteen Eleven or the obligations hereunder of the Holders to the holders of Senior Debt, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Senior Debt or any instrument evidencing the same or any agreement under which Senior Debt is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior Debt; (c) release any Person liable in any manner for the collection of Senior Debt; and (d) exercise or refrain from exercising any rights against the Company and any other Person.

Appears in 1 contract

Samples: Supplemental Indenture (Globalstar, Inc.)

No Waiver of Subordination Provisions. Without in any way limiting the generality of Section 15.98 of this Agreement, the holders of Senior Debt Lender may, at any time and from time to time, without the consent of or notice to the Trustee or the HoldersCreditor, without incurring responsibility to the Holders Creditor, and without impairing or releasing the subordination and standstill provided in this Article Fifteen Agreement or the obligations hereunder of the Holders Creditor to Lender, but subject to the holders terms of Senior Debtthis Agreement, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, increase the amount of or interest rates with respect to, or renew or alter, the Senior Debt Obligations or any instrument evidencing the same or any agreement under which Senior Debt is Obligations are outstanding or secured; , (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior DebtObligations; (c) release any Person person liable in any manner for the collection of Senior DebtObligations; and (d) exercise or refrain from exercising any rights against the Company Borrowers and any other Personperson.

Appears in 1 contract

Samples: Agreement (U S Vision Inc)

No Waiver of Subordination Provisions. Without in any way limiting the ------------------------------------- generality of Section 15.97, the holders of Senior Debt may, at any time and from time to time, without the consent of or notice to the Trustee or holder of the HoldersNote, without incurring responsibility to the Holders holder of the Note and without impairing or releasing the subordination provided in this Article Fifteen Subordination Agreement or the obligations hereunder of the Holders holder of the Note to the holders of Senior Debt, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Senior Debt or any instrument evidencing the same or any agreement under which Senior Debt is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior Debt; (c) release any Person liable in any manner for the collection of Senior Debt; Debt and (d) exercise or refrain from exercising any rights against the Company and any other Person.

Appears in 1 contract

Samples: Subordination Agreement (Dovebid Inc)

No Waiver of Subordination Provisions. Without in any way limiting the generality of Section 15.9, the The holders of Senior Debt may, at any time and from time to time, without the consent of or notice to the Trustee Trustee, the Holders or the Holders, Subsidiary Guarantors without incurring responsibility to the Holders or the Subsidiary Guarantors and without impairing or releasing the subordination provided in this Article Fifteen IV or the obligations hereunder of the Holders or the Subsidiary Guarantors to the holders of Senior Debt, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Senior Debt or any instrument evidencing the same or any agreement under which Senior Debt is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior Debt; (c) release any Person liable in any manner for the collection of Senior Debt; and (d) exercise or refrain from exercising any rights against the Company Company, any Subsidiary Guarantor and any other Person.

Appears in 1 contract

Samples: Guaranty Agreement (Globalstar, Inc.)

No Waiver of Subordination Provisions. Without in any way limiting the generality of Section 15.910.9 of this Indenture, the holders of Senior Debt may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders, without incurring responsibility to the Holders and without impairing or releasing the subordination provided in this Article Fifteen Ten or the obligations hereunder of the Holders to the holders of Senior Debt, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Senior Debt or any instrument evidencing the same or any agreement under which Senior Debt is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior Debt; (c) release any Person liable in any manner for the collection of Senior Debt; and (d) exercise or refrain from exercising any rights against the Company and any other Person.

Appears in 1 contract

Samples: Indenture (Cumulus Media Inc)

No Waiver of Subordination Provisions. Without in any way limiting the generality of Section 15.94.09, the holders of Senior Debt Indebtedness may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders, without incurring responsibility to the Holders and without impairing or releasing the subordination provided in this Article Fifteen Four or the obligations hereunder of the Holders to the holders of Senior DebtIndebtedness, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Senior Debt Indebtedness or any instrument evidencing the same or any agreement under which Senior Debt Indebtedness is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior DebtIndebtedness; (c) release any Person liable in any manner for the collection of Senior DebtIndebtedness; and (d) exercise or refrain from exercising any rights against the Company and any other Person.

Appears in 1 contract

Samples: Viatel Inc

No Waiver of Subordination Provisions. Without in any way limiting the generality of Section 15.9, the holders of Senior Debt may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders, without incurring responsibility to the Holders and without impairing or releasing the subordination provided in this Article Fifteen XV or the obligations hereunder of the Holders to the holders of Senior Debt, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Senior Debt or any instrument evidencing the same or any agreement under which Senior Debt is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior Debt; (c) release any Person liable in any manner for the collection of Senior Debt; and (d) exercise or refrain from exercising any rights against the Company righxx xxxxxxx xxx Xssuer and any other Person.

Appears in 1 contract

Samples: Lions Gate Entertainment Corp /Cn/

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