Common use of Payment of Senior Liabilities Clause in Contracts

Payment of Senior Liabilities. (a) Subject to Clause 4 (Hedge Counterparties and Hedging Liabilities), Clause 5 (Permitted Second Lien Financing Creditors and Second Lien Liabilities) and paragraph (b) below, the Parent and the Debtors may make Payments of the Senior Liabilities at any time.

Payment of Senior Liabilities. (a) Subject to Clause 4 (Hedge Counterparties and Hedging Liabilities), Clause 5 (Permitted Second Lien Financing Secured Creditors and Second Lien Liabilities) and paragraph (b) below, the Parent and the Debtors may make Payments of the Senior Liabilities at any time.

Payment of Senior Liabilities. (a) Subject to Clause 4 (Hedge Counterparties and Hedging Liabilities), ) and Clause 5 (Permitted Second Lien Financing Secured Creditors and Second Lien Liabilities) and paragraph (b) below), the Parent and the Debtors may make Payments of the Senior Liabilities at any time.

Payment of Senior Liabilities. (a) Subject to Clause 4 (Hedge Counterparties and Hedging Liabilities), ) and Clause 5 (Permitted Second Lien Financing Creditors and Permitted Second Lien Financing Liabilities) and paragraph (b) below), the Parent and the Debtors may make Payments of the Senior Liabilities at any time.