Common use of Section 12 Clause in Contracts

Section 12. 09. Subordination Rights Not Impaired by Acts or Omissions of the Company or Holders of Senior Indebtedness.................................51 Section 12.10. Securityholders Authorize Trustee To Effectuate Subordination of Securities...................................................51 Section 12.11. This Article Not to Prevent Events of Default....................................52 Section 12.12. Trustee's Compensation Not Prejudiced............................................52 Section 12.13. No Waiver of Subordination Provisions............................................52

Appears in 1 contract

Sources: Indenture (Collins & Aikman Products Co)

Section 12. 098. Subordination Rights Not Impaired by Acts or Omissions of the Company Company, the Guarantors or Holders of Senior Indebtedness.................................51 Section 12.10Debt................................................70 SECTION 12.9. Securityholders Authorize Trustee To to Effectuate Subordination of Securities...................................................51 Section ......................71 SECTION 12.10. Right of Trustee to Hold Senior Debt.............................................................71 SECTION 12.11. This Article XII Not to Prevent Events of Default....................................52 Section .....................................................71 SECTION 12.12. Trustee's Compensation Not Prejudiced............................................52 Section 12.13. No Waiver Fiduciary Duty of Subordination Provisions............................................52Trustee to Holders of Senior Debt...........................................71 ARTICLE XIII MISCELLANEOUS

Appears in 1 contract

Sources: Indenture (Compass Aerospace LTD)

Section 12. 098. Subordination Rights Not Impaired by Acts or Omissions of the Company or Holders of Senior Indebtedness.................................51 Section 12.10........................ 54 SECTION 12.9. Securityholders Authorize Trustee To to Effectuate Subordination of Securities...................................................51 Section .......................................... 55 SECTION 12.10. Right of Trustee to Hold Senior Indebtedness......................... 55 SECTION 12.11. This Article XII Not to Prevent Events of Default....................................52 Section ......................... 55 SECTION 12.12. Trustee's Compensation Not Prejudiced............................................52 Section 12.13. No Waiver Duty of Subordination Provisions............................................52Trustee and Other Agents to Holders of Senior Indebtedness......................................................... 56 ARTICLE XIII

Appears in 1 contract

Sources: Indenture (May & Speh Inc)

Section 12. 098. Subordination Rights Not Impaired by Acts or Omissions of the Company Company, the Guarantors or Holders of Senior Indebtedness.................................51 Section 12.10Debt 92 SECTION 12.9. Securityholders Authorize Trustee To to Effectuate Subordination of Securities...................................................51 Section ............................. 92 SECTION 12.10. Right of Trustee to Hold Senior Debt................... 93 SECTION 12.11. This Article XII Not to Prevent Events of Default....................................52 Section 12.12. Trustee's Compensation Not Prejudiced............................................52 Section 12.13. No Waiver of Subordination Provisions............................................52.........

Appears in 1 contract

Sources: Indenture (Quality Food Centers Inc)

Section 12. 098. Subordination Rights Not Impaired by Acts or Omissions of the Company Company, the Guarantors or Holders of Senior Indebtedness.................................51 Section 12.10Debt...... 89 SECTION 12.9. Securityholders Authorize Trustee To to Effectuate Subordination of Securities...................................................51 Section ................................ 89 SECTION 12.10. Right of Trustee to Hold Senior Debt........................ 90 SECTION 12.11. This Article XII Not to Prevent Events of Default....................................52 Section ................ 90 SECTION 12.12. Trustee's Compensation Not Prejudiced............................................52 Section 12.13. No Waiver Fiduciary Duty of Subordination Provisions............................................52Trustee to Holders of Senior Debt............................................. 90 ARTICLE XIII MISCELLANEOUS

Appears in 1 contract

Sources: Indenture (Doskocil Manufacturing Co Inc)

Section 12. 09. Subordination Rights Not Impaired by Acts or Omissions of the Company Guarantors or Holders of Senior Indebtedness.................................51 Section Debt of Guarantors................................. 67 SECTION 12.10. Securityholders Authorize Trustee To Effectuate Subordination of Securities...................................................51 Section Guarantees........................ 67 SECTION 12.11. This Article Not to Prevent Events of Default....................................52 Section 12.12. Trustee's Compensation Not Prejudiced............................................52 Section 12.13. No Waiver of Subordination Provisions............................................52....

Appears in 1 contract

Sources: Indenture (Aep Industries Inc)

Section 12. 0908. Subordination Rights Not Impaired by Acts or Omissions of the Company or Holders of Senior Indebtedness.................................51 .................... 97 Section 12.1012.09. Securityholders Authorize Trustee To to Effectuate Subordination of Securities...................................................51 ......................................... 97 Section 12.10. Right of Trustee to Hold Senior Indebtedness.............. 98 Section 12.11. This Article Not to Prevent Events of Default....................................52 ................. 98 Section 12.12. Trustee's Compensation Not Prejudiced............................................52 Section 12.13. No Waiver Fiduciary Duty of Subordination Provisions............................................52Trustee to Holders of Senior Indebtedness........................................................ 98

Appears in 1 contract

Sources: Indenture (Price Communications Corp)

Section 12. 09. 7 Subordination Rights Not Impaired by Acts or Omissions of the Company or Holders of Senior Indebtedness.................................51 .................................................................................62 Section 12.10. 12.8 Securityholders Authorize Trustee To to Effectuate Subordination of Securities....................62 Section 12.9 Right of Trustee to Hold Senior Indebtedness...................................................51 63 Section 12.11. This 12.10 Article XII Not to Prevent Events of Default....................................52 ...................................................63 Section 12.12. Trustee's Compensation Not Prejudiced............................................52 12.11 No Duty of Trustee and Other Agents to Holders of Senior Indebtedness..........................63 Section 12.13. No Waiver of Subordination Provisions............................................5212.12 Amendments.....................................................................................64 ARTICLE XIII

Appears in 1 contract

Sources: Indenture (Arris Group Inc)

Section 12. 09. 8 Subordination Rights Not Impaired by Acts or Omissions of the Company or Holders of Senior Indebtedness.................................51 ......... 95 Section 12.10. 12.9 Securityholders Authorize Trustee To to Effectuate Subordination of Securities...................................................51 .............................. 95 Section 12.11. This 12.10 Right of Trustee to Hold Senior Indebtedness............. 96 Section 12.11 Article Twelve Not to Prevent Events of Default....................................52 Section 12.12. Trustee's Compensation Not Prejudiced............................................52 Section 12.13. No Waiver of Subordination Provisions............................................52.......

Appears in 1 contract

Sources: Indenture (Us Foodservice/Md/)

Section 12. 09. Subordination Rights Not Impaired by Acts or Omissions of the Company or Holders of Senior Indebtedness.................................51 Section 12.10. Securityholders Authorize Trustee To Effectuate Subordination of Securities...................................................51 Section 12.11. This Article Not to Prevent Events of Default....................................52 Section 12.12. Trustee's Compensation Not Prejudiced............................................52 Section 12.13. No Waiver of Subordination Provisions............................................5252 -iv-

Appears in 1 contract

Sources: Indenture (Collins & Aikman Products Co)

Section 12. 098. Subordination Rights Not Impaired by Acts or Omissions of the Company Company, the Guarantors or Holders of Senior Indebtedness.................................51 Section 12.10Debt................................ 93 SECTION 12.9. Securityholders Authorize Trustee To to Effectuate Subordination of Securities...................................................51 Section .......................................................... 94 SECTION 12.10. Right of Trustee to Hold Senior Debt............................................................ 94 SECTION 12.11. This Article XII Not to Prevent Events of Default....................................52 Section .................................................... 94 SECTION 12.12. Trustee's Compensation Not Prejudiced............................................52 Section 12.13. No Waiver Fiduciary Duty of Subordination Provisions............................................52Trustee to Holders of Senior Debt....................................................................... 95 ARTICLE XIII MISCELLANEOUS

Appears in 1 contract

Sources: Indenture (Wichita Manufacturing Inc)

Section 12. 098. Subordination Rights Not Impaired by Acts or Omissions of the Company or Holders of Senior Indebtedness.................................51 Section 12.10........... 63 SECTION 12.9. Securityholders Authorize Trustee To to Effectuate Subordination of Securities...................................................51 Section Debentures............................... 64 SECTION 12.10. Right of Trustee to Hold Senior Indebtedness............................. 64 SECTION 12.11. This Article XII Not to Prevent Events of Default....................................52 Section .................................. 64 SECTION 12.12. Trustee's Compensation Not Prejudiced............................................52 Section 12.13. No Waiver Fiduciary Duty of Subordination Provisions............................................52Trustee to Holders of Senior Indebtedness................... 65 ARTICLE XIII

Appears in 1 contract

Sources: Indenture (Pride Petroleum Services Inc)

Section 12. 09. 8 Subordination Rights Not Impaired by Acts or Omissions of Holdings, the Company Guarantors or Holders of Senior Indebtedness.................................51 Section 12.10. ............................... 96 SECTION 12.9 Securityholders Authorize Trustee To Effectuate Subordination of Securities...................................................51 Section 12.11. Guarantee........................... 96 SECTION 12.10 This Article Not to To Prevent Events of Default....................................52 Section 12.12. ................ 97 SECTION 12.11 Trustee's Compensation Not Prejudiced............................................52 Section 12.13. ........................ 97 SECTION 12.12 No Waiver of Guarantee Subordination Provisions............................................52.............. 97 ARTICLE XIII MISCELLANEOUS................................................ 97

Appears in 1 contract

Sources: Indenture (Graham Packaging Holdings Co)