Common use of Obligations Not Impaired Clause in Contracts

Obligations Not Impaired. Nothing contained in this Article 8 shall impair, as between the Company and any holder of Senior Subordinated Obligations, the obligation of the Company to pay to such holder the principal thereof and premium, if any, and interest thereon as and when the same shall become due and payable in accordance with the terms thereof, or prevent any holder of Senior Subordinated Obligations from exercising all rights, powers and remedies otherwise permitted by applicable law or under any agreement under which such Senior Subordinated Obligations were incurred, all subject to the rights of the holders of Senior Debt to receive cash, securities or other property otherwise payable or deliverable to the holders of Senior Subordinated Obligations.

Obligations Not Impaired. Nothing contained in this Article 8 9 shall impair, as between the Company and any holder of Senior Subordinated Obligations, the obligation of the Company to pay to such holder the principal thereof and premium, if any, and interest thereon as and when the same shall become due and payable in accordance with the terms thereof, or prevent any holder of Senior Subordinated Obligations from exercising all rights, powers and remedies otherwise permitted by applicable law or under any agreement under which such Senior Subordinated Obligations were incurred, all subject to the rights of the holders of Senior Debt to receive cash, securities or other property otherwise payable or deliverable to the holders of Senior Subordinated Obligations.

Obligations Not Impaired. Nothing contained in this Article 8 Section 7 shall impair, as between the Company and any holder of Senior Subordinated ObligationsDebt, the obligation of the Company to pay to such holder the principal thereof and premiumPrepayment Compensation Amount, if any, and interest thereon as and when the same shall become due and payable in accordance with the terms thereof, thereof and to comply with each and every provision of the Notes and this Agreement or prevent any holder of Senior any Subordinated Obligations Debt from exercising all rights, powers and remedies otherwise permitted by applicable law or under any agreement under which such Senior Subordinated Obligations were incurredthis Agreement, all subject to the rights of the holders of the Senior Debt to receive cash, securities Securities or other property Property otherwise payable or deliverable to the holders of Senior Subordinated ObligationsDebt.