Seventeenth Supplemental Indenture. The term “Seventeenth Supplemental Indenture” shall mean the supplemental indenture dated as of May 15, 1988, hereinbefore referred to.
Seventeenth Supplemental Indenture. The Seventeenth Supplemental Indenture shall have been duly authorized, executed and delivered by the Company and the Trustee and shall constitute the legal, valid and binding contract and agreement of each such Person.
Seventeenth Supplemental Indenture. This Seventeenth Supplemental Indenture, dated as of December 22, 2010 (this “Seventeenth Supplemental Indenture”), is entered into among Standard Pacific Corp., a Delaware corporation (the “Company”), the guarantors listed on the signature pages hereto (the “Guarantors”), and The Bank of New York Mellon Trust Company, N.A. (as successor in interest to X.X. Xxxxxx Trust Company, National Association, Bank One Trust Company, N.A. and The First National Bank of Chicago), as trustee (the “Trustee”). Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the applicable Indenture (as defined below).
Seventeenth Supplemental Indenture. Table of Contents Notwithstanding the preceding, none of the following items will be deemed to be an Asset Sale:
Seventeenth Supplemental Indenture. Table of Contents
Seventeenth Supplemental Indenture. Table of Contents and, in each case, the principal amount of any such Indebtedness, together with the principal amount of any other such Indebtedness under which there has been a payment default or the maturity of which has been so accelerated, aggregates $50.0 million or more;
Seventeenth Supplemental Indenture. Table of Contents unless, at the time of and after giving effect to such Restricted Payment:
Seventeenth Supplemental Indenture. Table of Contents Any Net Proceeds from Asset Sales that are not applied or invested as provided in clauses (i) through (iv) above will constitute “Excess Proceeds.”
Seventeenth Supplemental Indenture. Table of Contents The Trustee makes no representation or warranty as to the validity or sufficiency of the information contained in the prospectus supplement related to the Notes, except such information which specifically pertains to the Trustee itself, or any information incorporated therein by reference.
Seventeenth Supplemental Indenture. At or prior to the Closing Time, the Company and the Trustee shall have executed and delivered the Seventeenth Supplemental Indenture.
