Securities Subordinated to Senior Debt. Except as otherwise specified or contemplated by Section 3.01 or the other provisions of this Indenture, the Company covenants and agrees, and each Holder of a Security, by his acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article 16, the payment of the principal of and premium and other amounts, if any, and interest on each and all of the Securities is hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Debt. The terms of this Article 16 may be modified or amended for any series of Securities as contemplated by Section 3.01.
Appears in 5 contracts
Samples: Indenture (Hornbeck Offshore Trinidad & Tobago, LLC), Indenture (Hornbeck Offshore Services LLC), Indenture (Energy Services Puerto Rico LLC)
Securities Subordinated to Senior Debt. Except as otherwise specified or contemplated by Section 3.01 or the other provisions of this IndentureAgreement, the Company covenants and agrees, and each Holder holder of a Security, by his acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article 16Article, the payment of the principal of and premium and other amountspremium, if any, and interest on each and all of the Securities is are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Debt. The terms of this Article 16 14 may be modified or amended for any series of Securities as contemplated by Section 3.01.
Appears in 5 contracts
Samples: Emmis Television License Corp of Topeka, Emmis Television License Corp of Topeka, Regent Broadcasting Midwest Inc
Securities Subordinated to Senior Debt. Except as otherwise specified or contemplated by Section 3.01 or the other provisions of this IndentureAgreement, each of the Company Issuers covenants and agrees, and each Holder of a Security, by his acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article 16Article, the payment of the principal of and premium and other amounts, if any, and interest on each and all of the Securities is hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Debt. The terms of this Article 16 14 may be modified or amended for any series of Securities as contemplated by Section 3.01.
Appears in 3 contracts
Samples: Meristar Sub 7g (Meristar Hospitality Operating Partnership Lp), Indenture (Meristar Hospitality Corp), Meristar Hospitality Operating Partnership Lp
