Common use of Obligations of the Company Unconditional Clause in Contracts

Obligations of the Company Unconditional. Nothing contained in this Article Ten or elsewhere in this Indenture or in the Securities is intended to or shall impair, as among the Company, its creditors other than the holders of Senior Indebtedness, and the Holders of the Securities, the obligation of the Company, which is absolute and unconditional, to pay to the Holders of the Securities the principal of and any interest on the Securities 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 of the Securities and creditors of the Company other than the holders of the Senior Indebtedness, nor shall anything herein or therein prevent the Holder of any Security 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, in respect of cash, property or securities of the Company received upon the exercise of any such remedy.

Appears in 3 contracts

Samples: Indenture (Chancellor Radio Broadcasting Co), Amcast Radio Sales Inc, Chancellor Media Mw Sign Corp

AutoNDA by SimpleDocs

Obligations of the Company Unconditional. Nothing any contained in this Article Ten or elsewhere in this Indenture or in the Securities Notes is intended to or shall impair, as among the Company, its creditors other than the holders of Senior Indebtedness, and the Holders of the SecuritiesNotes, the obligation of the Company, which is absolute and unconditional, to pay to the Holders of the Securities Notes the principal of and any interest on the Securities 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 of the Securities Notes and creditors of the Company other than the holders of the Senior Indebtedness, nor shall anything herein or therein prevent the Holder of any Security 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, in respect of cash, property or securities of the Company received upon the exercise of any such remedy.

Appears in 2 contracts

Samples: Tracor Inc /De, Federal Data Corp /Fa/

Obligations of the Company Unconditional. Nothing contained in this Article Ten 12 or elsewhere in this Indenture or in the Securities Debentures is intended to or shall impair, as among the Company, Company and its creditors other than the holders of Senior Indebtedness, Debt and the Holders of the SecuritiesHolders, the obligation of the Company, which is absolute and unconditional, to pay to the Holders of the Securities the principal of of, premium, if any, on and any interest on the Securities Debentures 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 of the Securities and creditors of the Company other than the holders of the any Senior IndebtednessDebt, nor shall anything herein or therein prevent the Holder of any Security or the Trustee on its behalf from exercising all remedies otherwise permitted by applicable law upon default Default under this Indenture, subject to the rights, if any, under this Article 12 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 1 contract

Samples: Indenture (R&b Falcon Corp)

Obligations of the Company Unconditional. (a) Nothing contained in this Article Ten Section 4 or elsewhere in this Indenture Agreement or in the Securities any Note is intended to or shall impair, as among between the Company, its creditors other than on the one hand, and the holders of Senior Indebtednessthe Notes, and on the Holders of the Securitiesother, the obligation respective obligations of the Company, which is are absolute and unconditional, to pay to the Holders holders of the Securities Notes the principal principal, premium, if any, of and any interest on the Securities 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 holders of the Securities Notes and creditors of the Company other than the holders of the Senior Indebtedness, nor shall anything herein or therein prevent any holder of the Holder of any Security or the Trustee on its behalf Notes from exercising all remedies otherwise permitted by applicable law upon default under this IndentureAgreement, subject to the rights, if any, under this Section 4, of the holders of Senior Indebtedness in respect of cash, property or securities of the Company received upon the exercise of any such remedy.

Appears in 1 contract

Samples: Dental Medical Diagnostic Systems Inc

Obligations of the Company Unconditional. Nothing contained in this Article Ten Seven or elsewhere in this Indenture or in the Securities Notes is intended to or shall impair, as among the Company, its creditors other than the holders of Senior Indebtedness, and the Holders of the SecuritiesNotes, the obligation of the Company, which is absolute and unconditional, 84 -76- to pay to the Holders of the Securities Notes the principal of and any interest on the Securities 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 of the Securities Notes and creditors of the Company other than the holders of the Senior Indebtedness, nor shall anything herein or therein prevent the Holder of any Security 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, in respect of cash, property or securities of the Company received upon the exercise of any such remedy.

Appears in 1 contract

Samples: Indenture (Carpenter W R North America Inc)

Obligations of the Company Unconditional. Nothing contained in this Article Ten XIV or elsewhere in this Indenture or in the Securities Debentures is intended to or shall impair, as among between the Company, its creditors other than Company and the holders of Senior Indebtedness, and the Holders Debentures of the Securitiesany series, the obligation of the Company, which is absolute and unconditional, to pay to the Holders of the Securities such holders the principal of of, any premium and any interest on or any Additional Amounts with respect to the Securities Debentures of such series 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 of the Securities such holders and creditors of the Company other than the holders of the Senior IndebtednessDebt, nor shall anything herein or therein prevent the Holder of Trustee or any Security or the Trustee on its behalf holder from exercising all remedies otherwise permitted by applicable law upon default under this Indenture, subject to the rights, if any, under this Article XIV, of the holders of Senior Debt in respect of cash, property or securities of the Company received upon the exercise of any such remedy.. Notwithstanding anything to the contrary in this Article XIV or elsewhere in this Indenture or in the Debentures,

Appears in 1 contract

Samples: Centex Trust Ii

Obligations of the Company Unconditional. Nothing contained in this Article Ten X or elsewhere in this Sup- plemental Indenture or in the Securities is intended to or shall impair, as among the Company, its creditors other than the holders of Senior IndebtednessDebt, and the Holders of the SecuritiesHolders, the obligation of the Company, which is absolute and unconditional, to pay to the Holders of the Securities the principal of and any interest on the Securities Obligations owing un- der the Notes as and when the same shall become due and payable in accordance accor- dance with their terms, or is intended to or shall affect the relative rights of the Holders of the Securities and creditors of the Company other than the holders of the Senior IndebtednessDebt, nor shall anything herein or therein prevent the any Holder of any Security or the Trustee on its behalf from exercising all remedies otherwise permitted permit- xxx by applicable law upon default under this Supplemental Indenture, subject sub- ject to the rights, if any, under this Article X, of the holders of Senior Debt in respect of cash, property or securities of the Company received upon the exercise of any such remedy.. Section 10.07

Appears in 1 contract

Samples: Hollywood Entertainment Corp

Obligations of the Company Unconditional. Nothing contained in this Article Ten Eleven or elsewhere in this Indenture or in the Securities is intended to or shall impair, as among the Company, its creditors other than the holders of Senior Indebtedness, and the Holders of the SecuritiesHolders, the obligation Obligation of the Company, which is absolute and unconditional, to pay to the Holders of the Securities the principal of and any interest on the Securities 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 of the Securities and creditors of the Company other than the holders of the Senior Indebtedness, nor shall anything herein or therein prevent the any Holder of any Security 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 Indebtedness in respect of cash, property or securities of the Company received upon the exercise of any such remedy.

Appears in 1 contract

Samples: Indenture (Nm Licensing LLC)

Obligations of the Company Unconditional. Nothing contained in this Article Ten or elsewhere in this Indenture or in the Securities Notes or the Subsidiary Guarantees is intended to or shall impair, as among the Company, its creditors other than the holders of Senior IndebtednessIndebtedness of the Company, and the Holders of the SecuritiesHolders, the obligation of the Company, which is absolute and unconditional, to pay to the Holders of the Securities the principal of of, premium, if any, and any interest on the Securities 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 of the Securities and creditors of the Company other than the holders of the Senior IndebtednessIndebtedness of the Company, nor shall anything herein or therein prevent the Holder of any Security 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, in respect of cash, property or securities of the Company received upon the exercise of any such remedy.

Appears in 1 contract

Samples: Indenture (Wellman North America Inc)

Obligations of the Company Unconditional. Nothing contained in this Article Ten or elsewhere in this Indenture or in the Securities is intended to or shall impair, as among the Company, its creditors other than the holders of Senior Indebtedness, and the Holders of the Securities, the obligation of the Company, which is absolute and unconditional, to pay to the Holders of the Securities the principal of and any interest on the Securities 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 of the Securities and creditors of the Company other than the holders of the Senior Indebtedness, nor shall anything herein or therein prevent the Holder of any Security 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, in respect of cash, property or securities of the -- Company received upon the exercise of any such remedy.

Appears in 1 contract

Samples: Indenture (Chancellor Radio Broadcasting Co)

Obligations of the Company Unconditional. Nothing contained in this Article Ten 11 or elsewhere in this Indenture or in the Securities Notes is intended to or shall impair, as among the Company, its Company and it creditors other than the holders of Senior Indebtedness, Indebtedness and the Holders of the SecuritiesHolders, the obligation of the Company, which is absolute and unconditional, to pay to the Holders of the Securities the principal of of, premium, if any, on and any interest on the Securities 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 of the Securities and creditors of the Company other than the holders of the any Senior Indebtedness, nor shall anything herein or therein prevent the Holder of any Security or the Trustee on its behalf from exercising all remedies otherwise permitted by applicable law upon default Default under this Indenture, subject to the rights, if any, under this Article 11 of the holders of Senior Indebtedness in respect of cash, property Property or securities of the Company received upon the exercise of any such remedy.

Appears in 1 contract

Samples: Indenture (MMH Holdings Inc)

AutoNDA by SimpleDocs

Obligations of the Company Unconditional. Nothing contained in this Article Ten X or elsewhere in this Indenture or in the Securities is intended to or shall impair, as among between the Company, its creditors other than the holders of Senior Indebtedness, Company and the Holders of the SecuritiesSecurities of any series, the obligation of the Company, which is absolute and unconditional, to pay to such Holders the Holders of principal of, premium (if any) and interest on and any Additional Amounts with respect to the Securities the principal of and any interest on the Securities such series 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 such Holders of the Securities and creditors of the Company other than the holders of the Senior IndebtednessDebt, nor shall anything herein or therein prevent the Trustee or any Holder of any Security 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 X, of the holders of Senior Debt in respect of cash, property or securities of the Company received upon the exercise of any such remedy.. Notwithstanding anything to the contrary in this

Appears in 1 contract

Samples: Phillips 66 Co

Obligations of the Company Unconditional. Nothing contained in this Article Ten or elsewhere in this Indenture or in the Securities is intended to or shall impair, as among the Company, its creditors other than the holders of Senior IndebtednessDebt, and the Holders of the Securities, the obligation of the Company, which is absolute and unconditional, to pay to the Holders of the Securities the principal of and any interest on the Securities 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 of the Securities and creditors of the Company other than the holders of the Senior IndebtednessDebt, nor shall anything herein or therein prevent the Holder of any Security or the Trustee on its behalf from exercising all remedies otherwise permitted by applicable law upon default under this Indenture, subject to the rights, rights if any, in respect of cash, property or securities of the Company received upon the exercise of any such remedy.

Appears in 1 contract

Samples: Indenture (Wickes Inc)

Obligations of the Company Unconditional. Nothing contained in this Article Ten 12 or elsewhere in this Indenture or in the Securities is intended to or shall impair, as among the Company, its creditors other than the holders of Senior Indebtedness, and the Holders of the SecuritiesHolders, the obligation Obligation of the Company, which is absolute and unconditional, to pay to the Holders of the Securities the principal of and any interest on the Securities 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 of the Securities and creditors of the Company other than the holders of the Senior Indebtedness, nor shall anything herein or therein prevent the any Holder of any Security 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 12, of the holders of Senior Indebtedness in respect of cash, property or securities of the Company received upon the exercise of any such remedy.

Appears in 1 contract

Samples: Indenture (Cincinnati Bell Inc)

Obligations of the Company Unconditional. Nothing contained in this Article Ten 10 or elsewhere in this Indenture or in the Securities is intended to or shall impair, as among the Company, its creditors other than the holders of Senior IndebtednessDebt, and the Holders of the Securities, the obligation of the Company, which is absolute and unconditional, to pay to the Holders of the Securities the principal of and any interest on the Securities 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 of the Securities and creditors of the Company other than the holders of the Senior IndebtednessDebt, nor shall anything herein or therein prevent the Holder of any Security 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, in respect of cash, property or securities of the Company received upon the exercise of any such remedy.

Appears in 1 contract

Samples: Ackerley Group Inc

Obligations of the Company Unconditional. Nothing contained in this Article Ten Twelve or elsewhere in this Indenture or in the Securities is intended to or shall impair, as among the Company, its creditors other than the holders of Senior IndebtednessDebt, and the Holders of the SecuritiesHolders, the obligation Obligation of the Company, which is absolute and unconditional, to pay to the Holders of the Securities the principal of and any interest on the Securities Obligations owing under the Senior Subordinated 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 of the Securities and creditors of the Company other than the holders of the Senior IndebtednessDebt, nor shall anything herein or therein prevent the any Holder of any Security 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 Twelve, 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 1 contract

Samples: Donnelley R H Inc

Obligations of the Company Unconditional. Nothing contained in this Article Ten or elsewhere in this Indenture or in the Securities Notes is intended to or shall impair, as among the Company, its creditors other than the holders of Senior IndebtednessDebt, and the Holders of the SecuritiesNotes, the obligation of the Company, which is absolute and unconditional, to pay to the Holders of the Securities Notes the principal of and any interest and Additional Interest on the Securities 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 of the Securities Notes and creditors of the Company other than the holders of the Senior IndebtednessDebt, nor shall anything herein or therein prevent the Holder of any Security 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, in respect of cash, property or securities of the Company received upon the exercise of any such remedy.

Appears in 1 contract

Samples: Nationsrent Inc

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