Common use of Obligations of the Company Unconditional Clause in Contracts

Obligations of the Company Unconditional. Nothing contained in this Article Eleven or elsewhere in this Indenture is intended to or shall impair as between the Company and the Holders, the Obligation of the Company, which is absolute and unconditional, to pay to the Holders the principal of and any interest on the Obligations owing under the Notes as and when the same shall become due and payable in accordance with their terms, or is intended to or shall affect the relative rights of the Holders and creditors of the Company other than the holders of Senior Debt, nor shall anything herein or therein prevent any Holder or the Trustee on its behalf from exercising all remedies otherwise permitted by applicable law upon default under this Indenture, subject to the rights, if any, under this Article Eleven, of the holders of Senior Debt in respect of cash, Property or securities of the Company received upon the exercise of any such remedy.

Appears in 2 contracts

Samples: Seminis Inc, Seminis Inc

AutoNDA by SimpleDocs

Obligations of the Company Unconditional. Nothing contained in this Article Eleven Section 12 or elsewhere in this Indenture Note is intended to or shall impair impair, as between among the Company Company, creditors other than the holders of Senior Debt, and the HoldersHolders of the Notes, the Obligation obligation of the Company, which is absolute and unconditional, to pay to the Holders the principal of and any interest premium on the Obligations owing under the Notes as and when the same shall become due and payable in accordance with their terms, or is intended to or shall affect the relative rights of the Holders and creditors of the Company other than the holders of any Senior Debt, nor shall anything herein or therein prevent any Holder or the Trustee on its behalf Holders from exercising all remedies otherwise permitted by applicable law upon default under this IndentureNote, subject to the rights, if any, under this Article Eleven, Section 12 of the holders of Senior Debt in respect of cash, Property property or securities of the Company received upon the exercise of any such remedy.

Appears in 2 contracts

Samples: Note Purchase Agreement (Flextronics International Ltd.), Note Purchase Agreement (Flextronics International LTD)

Obligations of the Company Unconditional. Nothing contained in this Article Eleven Ten or elsewhere in this Indenture or in the Notes is intended to or shall impair impair, as between the Company and the Holders, the Obligation obligation of the Company, which is absolute and unconditional, to pay to the Holders the principal of and any interest on the Obligations owing under the Notes as and when the same shall become due and payable in accordance with their terms, or is intended to or shall affect the relative rights of the Holders and creditors of the Company other than the holders of the Senior Debt, nor shall anything herein or therein prevent the Trustee or any Holder or the Trustee on its behalf from exercising all remedies otherwise permitted by applicable law upon default under this Indenture, subject to the rights, if any, under this Article ElevenTen, of the holders of Senior Debt in respect of cash, Property property or securities Notes of the Company received upon the exercise of any such remedy.such

Appears in 1 contract

Samples: Indenture (Huntsman International LLC)

AutoNDA by SimpleDocs

Obligations of the Company Unconditional. Nothing contained in this Article Eleven Ten or elsewhere in this Indenture or in the Notes is intended to or shall impair impair, as between among the Company Company, its creditors other than the Lender, and the Holders, the Obligation obligation of the Company, which is absolute and unconditional, to pay to the Holders the principal of and any interest on the Obligations owing under the Notes as and when the same shall become due and payable in accordance with their terms, or is intended to or shall affect the relative rights of the Holders and creditors of the Company other than the holders of Senior DebtLender, nor shall anything herein or therein prevent the Holder of any Holder Note or the Trustee on its behalf from exercising all remedies otherwise permitted by applicable law upon default under this Indenture, subject to the rights, if any, of the Lender under this Article Eleven, of the holders of Senior Debt Ten in respect of cash, Property property or securities of the Company received upon the exercise of any such remedy, and further subject to the provisions of Section 10.10.

Appears in 1 contract

Samples: Indenture (National Vision Inc)

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