Senior Subordinated Notes. The subordination provisions relating to the Senior Subordinated Note Indenture (the "SUBORDINATION PROVISIONS") shall fail to be enforceable by the Lenders (which have not effectively waived the benefits thereof) in accordance with the terms thereof, or the principal or interest on any Loan, Reimbursement Obligation or other monetary Obligations shall fail to constitute Senior Debt, or the same (or any other similar term) used to define the monetary Obligations.
Appears in 3 contracts
Samples: Credit Agreement (Weight Watchers International Inc), Credit Agreement (Weight Watchers International Inc), Credit Agreement (Weight Watchers International Inc)
Senior Subordinated Notes. The subordination provisions relating to the Senior Subordinated Note Indenture (the "SUBORDINATION PROVISIONSSubordination Provisions") shall fail to be enforceable by the Lenders (which have not effectively waived the benefits thereof) in accordance with the terms thereof, or the principal or interest on any Loan, Reimbursement Obligation or other monetary Obligations shall fail to constitute Senior Debt, or the same (or any other similar term) used to define the monetary Obligations.
Appears in 3 contracts
Samples: Credit Agreement (Weight Watchers International Inc), Credit Agreement (Gutbusters Pty LTD), Credit Agreement (Weight Watchers International Inc)
Senior Subordinated Notes. The subordination provisions relating to the any Senior Subordinated Note Indenture Document (the "SUBORDINATION PROVISIONSSubordination Provisions") shall fail to be enforceable by the Lenders (which have not effectively waived the benefits thereof) in accordance with the terms thereof, or the principal or interest on any Loan, Reimbursement Obligation or other monetary Obligations shall fail to constitute Senior DebtIndebtedness or Guarantor Senior Indebtedness (as defined in the Senior Subordinated Note Documents); or Holding, or the same (US Borrower or any other similar term) used to define Subsidiary shall, directly or indirectly, disavow or contest in any manner any of the monetary ObligationsSubordination Provisions.
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Senior Subordinated Notes. The subordination provisions relating to the Senior Subordinated Note Indenture (the "SUBORDINATION PROVISIONS"“Subordination Provisions”) shall fail to be enforceable by the Lenders (which have not effectively waived the benefits thereof) in accordance with the terms thereof, or the principal or interest on any Loan, Reimbursement Obligation or other monetary Obligations shall fail to constitute Senior Debt, or the same (or any other similar term) used to define the monetary Obligations.
Appears in 1 contract
Samples: Credit Agreement (Weight Watchers International Inc)
Senior Subordinated Notes. The subordination provisions relating to the any Senior Subordinated Note Indenture Document (the "SUBORDINATION PROVISIONSSubordination Provisions") shall fail to be enforceable by the Lenders (which have not effectively waived the benefits thereof) in accordance with the terms thereof, or the principal or interest on any Loan, Reimbursement Obligation or other monetary Obligations shall fail to constitute Senior Debt, Indebtedness (as defined in the Senior Subordinated Note Documents); or the same (US Borrower or any other similar term) used to define Subsidiary shall, directly or indirectly, disavow or contest in any manner any of the monetary ObligationsSubordination Provisions.
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