Senior Subordinated Notes Indenture Sample Clauses

Senior Subordinated Notes Indenture. The Administrative Agent shall have received a certificate of a Financial Officer of the Borrower, in form and substance satisfactory to the Administrative Agent, certifying that the transactions described in this Amendment, including, without limitation the formation of the Holding Company, the issuance of the Holding Company Notes, the formation of CWFR, and the FRH Preferred Equity Interest, in each case, will not violate or result in a default under the Senior Subordinated Notes Indenture (including, without limitation, certification (and calculations in reasonable detail) as to the satisfaction of the requirements set forth in the Senior Subordinated Notes Indenture for designating CWFR an unrestricted subsidiary under the Senior Subordinated Notes Indenture and that such transactions shall not violate or result in a default under Sections 4.11, 4.16, 4.23 or 4.24 of the Senior Subordinated Notes Indenture and no Change of Control (as defined in the Senior Subordinated Notes Indenture) shall be caused by such transactions).
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Senior Subordinated Notes Indenture. The Administrative Agent shall have a certificate executed by a Responsible Officer of the Borrower certifying that all conditions precedent to the effectiveness of the Senior Subordinated Notes Indenture shall have been satisfied or waived in accordance with its terms and the Senior Subordinated Notes shall have been issued.
Senior Subordinated Notes Indenture. The Administrative Agent shall have received a certificate of a Financial Officer of the Borrower, in form and substance satisfactory to the Administrative Agent, certifying that the transactions described in this Amendment, including, without limitation, the conversion of the Term B1 Loans and Term B2 Loans to Term Loans under the Credit Agreement, will not violate or result in a default under the Senior Subordinated Notes Indenture (including, without limitation, certification that such transactions shall not violate or result in a default under Sections 4.10 or 4.17 of the Senior Subordinated Notes Indenture).
Senior Subordinated Notes Indenture. Prior to the consummation of the Redemption, the Credit Parties will observe and comply with, each applicable provision of the Senior Subordinated Notes Indenture.
Senior Subordinated Notes Indenture. (i) Any of the Obligations of the Loan Parties under the Loan Documents for any reason shall cease to be “Senior Debt” (or any similar term) under, and as defined in, the Senior Subordinated Notes Indenture or in any agreement evidencing any Permitted Refinancing Subordinated Indebtedness, (ii) any of the Obligations of the Loan Parties under the Loan Documents for any reason shall cease to be “Designated Senior Debt” (or any similar term) under, and as defined in, any agreement evidencing any Permitted Refinancing Subordinated Indebtedness or (iii) the subordination provisions set forth in the Senior Subordinated Notes Indenture or in any agreement evidencing any Permitted Refinancing Subordinated Indebtedness shall, in whole or in part, cease to be effective or cease to be legally valid, binding and enforceable against the holders of the Senior Subordinated Notes or any Permitted Refinancing Subordinated Indebtedness.
Senior Subordinated Notes Indenture. The Borrower will observe and comply with, and cause each Restricted Subsidiary to observe and comply with, each applicable provision of the Senior Subordinated Notes Indenture.

Related to Senior Subordinated Notes Indenture

  • Senior Subordinated Notes The subordination provisions contained in the Senior Subordinated Notes and in the other Senior Subordinated Note Documents are enforceable against the Borrower and the holders of the Senior Subordinated Notes, and all Obligations are within the definition of "Senior Debt" included in such subordination provisions.

  • 4 Indenture 4 interest.......................................... 4

  • Subordinated Notes The Subordinated Notes have been duly authorized by the Company and when executed by the Company and issued, delivered to and paid for by the Purchasers in accordance with the terms of the Agreement, will have been duly executed, authenticated, issued and delivered, and will constitute legal, valid and binding obligations of the Company and enforceable in accordance with their terms, except as enforcement thereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting creditors’ rights generally or by general equitable principles.

  • No Senior Subordinated Debt The Company will not incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any Senior Debt of the Company and senior in any respect in right of payment to the Notes. No Guarantor will incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to the Senior Debt of such Guarantor and senior in any respect in right of payment to such Guarantor's Note Guarantee.

  • Securities Subordinated to Senior Indebtedness The Company and each Holder of a Security, by his acceptance thereof, agree that (a) the payment of the principal of, premium (if any) and interest on and any Additional Amounts with respect to each and all the Securities and (b) any other payment in respect of the Securities, including on account of the acquisition or redemption of Securities by the Company, is subordinated, to the extent and in the manner provided in this Article Thirteen, to the prior payment in full of all Senior Indebtedness of the Company, whether outstanding at the date of this Indenture or thereafter created, incurred, assumed or guaranteed, and that these subordination provisions are for the benefit of the holders of Senior Indebtedness. This Article Thirteen shall constitute a continuing offer to all Persons who, in reliance upon such provisions, become holders of, or continue to hold, Senior Indebtedness, and such provisions are made for the benefit of the holders of Senior Indebtedness, and such holders are made obligees hereunder and any one or more of them may enforce such provisions.

  • Securities Subordinate to Senior Indebtedness The Company covenants and agrees, and each Holder of a Security, by its acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article, the payment of the principal of (and premium, if any) and interest (including any Additional Interest) on each and all of the Securities of each and every series are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Indebtedness.

  • Senior Notes Notwithstanding the foregoing, the following additional provisions shall apply to Senior Notes:

  • Indenture This INDENTURE (this “Indenture”) is entered into as of the Original Issue Date by and between the Principal Life Income Fundings Trust specified in the Omnibus Instrument (the “Trust”) and Citibank, N.A., as indenture trustee (the “Indenture Trustee”). Citibank, N.A., in its capacity as indenture trustee, hereby accepts its role as Registrar, Paying Agent, Transfer Agent and Calculation Agent hereunder. References herein to “Indenture Trustee,” “Registrar,” “Transfer Agent,” “Paying Agent” or “Calculation Agent” shall include the permitted successors and assigns of any such entity from time to time.

  • 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.

  • Subordinated Indebtedness The Obligations constitute senior indebtedness which is entitled to the benefits of the subordination provisions of all outstanding Subordinated Indebtedness.

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