Common use of Securities Subordinated to Senior Debt Clause in Contracts

Securities Subordinated to Senior Debt. (1) The Partnership, for itself, its successors and assigns, covenants and agrees, and each Holder of Securities, by his acceptance thereof, likewise covenants and agrees, that the payment of the principal of (and premium, if any), and interest on each and all of the Securities is hereby expressly subordinated, to the extent and in the manner hereinafter set forth, in right of payment to the prior payment in full of all Senior Debt of the Partnership.

Securities Subordinated to Senior Debt. (1) The PartnershipCompany, for itself, its successors and assigns, covenants and agrees, and each Holder of Securities, by his acceptance thereof, likewise covenants and agrees, that the payment of the principal of (and premium, if any), and interest on each and all of the Securities is hereby expressly subordinated, to the extent and in the manner hereinafter set forth, in right of payment to the prior payment in full of all Senior Debt of the PartnershipCompany.

Securities Subordinated to Senior Debt. (1) The PartnershipCompany, for itself, its successors and assigns, covenants and agrees, and each Holder of Securities, by his acceptance thereof, likewise covenants and agrees, that the payment of the principal of (and premium, if any), and interest on each and all of the Securities is hereby expressly subordinated, to the extent and in the manner hereinafter set forth, in right of payment to the prior payment in full of all Senior Debt of the PartnershipCompany.

Securities Subordinated to Senior Debt. (1) The Partnership, for itself, its successors and assigns, Company covenants and agrees, and each Holder of Securities, by his such Holder's acceptance thereof, likewise covenants and agrees, that the Indebtedness represented by the Securities and the payment of the principal of (and premium, if any), and interest (including Additional Amounts, if any) on each and all of the Securities is hereby expressly subordinatedsubordinated and junior, to the extent and in the manner hereinafter set forthforth and as set forth in this Section 13.1, in right of payment to the prior payment in full of all Senior Debt of the PartnershipDebt.

Securities Subordinated to Senior Debt. (1a) The PartnershipCompany, for itself, its successors and assigns, covenants and agrees, and each Holder of SecuritiesHolder, by his acceptance thereofof any securities hereunder, likewise covenants and agrees, that the payment of the principal of (and premium, if any), Additional Amounts, if any, and interest interest, if any, on each and all of the Securities is hereby expressly subordinated, to the extent and in the manner hereinafter set forth, in right of payment to the prior payment in full of all Senior Debt of the PartnershipDebt.

Securities Subordinated to Senior Debt. (1) The Partnership, for itself, its successors and assigns, covenants and agrees, and each Holder of Securities, by his such Holder's acceptance thereof, likewise covenants and agrees, that the payment of the principal of (and premium, if any), and interest on each and all of the Securities is hereby expressly subordinated, to the extent and in the manner hereinafter set forth, in right of payment to the prior payment in full of all Senior Debt of the Partnership.

Securities Subordinated to Senior Debt. (1) The PartnershipCompany, for itself, its successors and assigns, covenants and agrees, and each Holder of Securities, by his acceptance thereof, likewise covenants and agrees, that the payment of the principal of (and premium, if any), and interest on each and all of the Securities is hereby expressly subordinated, to the extent and in the manner hereinafter set forth, in right of payment to the prior payment in full of all Senior Debt of the PartnershipCompany of the Company.