Subordinated Debt. The Obligations constitute senior indebtedness which is entitled to the benefits of the subordination provisions of all outstanding Subordinated Debt, which outstanding Subordinated Debt as of the Closing Date is identified in Schedule 4.21.
Appears in 11 contracts
Samples: Second Amendment (M I Homes Inc), Fourth Amendment (M/I Homes, Inc.), Credit Agreement (Meritage Homes CORP)
Subordinated Debt. The Obligations constitute are senior indebtedness which debt with respect to all Material Indebtedness that is contractually subordinated in right of payment to any other Indebtedness of the Company and entitled to the full benefits of the all subordination provisions of all outstanding Subordinated Debt, which outstanding Subordinated Debt as of the Closing Date is identified therein and such subordination provisions are in Schedule 4.21full force and effect.
Appears in 7 contracts
Samples: Credit Agreement (MGM Resorts International), Credit Agreement (MGM Resorts International), Credit Agreement (MGM Resorts International)
Subordinated Debt. The Obligations constitute senior indebtedness which is will be entitled to the benefits of the subordination provisions of all outstanding Subordinated Debt, which outstanding Subordinated Debt as of the Closing Date is identified in Schedule 4.21.
Appears in 7 contracts
Samples: Credit Agreement (Stepan Co), Credit Agreement (Stepan Co), Credit Agreement (Stepan Co)
Subordinated Debt. The Obligations constitute senior indebtedness which is entitled to the benefits of the subordination provisions of all outstanding Subordinated Debt, which outstanding Subordinated Debt as of the Closing Date is identified in Schedule 4.21.
Appears in 7 contracts
Samples: Credit Agreement (Shea Homes Limited Partnership), Credit Agreement (Shea Homes Limited Partnership), Revolving Credit Agreement (Lennar Corp)
Subordinated Debt. The Obligations constitute senior indebtedness which is entitled to the benefits of the subordination provisions of all outstanding Subordinated Debt, which outstanding Subordinated Debt as of the Closing Date is identified in Schedule 4.21VIII.
Appears in 6 contracts
Samples: Credit Agreement (Lennar Corp /New/), Credit Agreement (Lennar Corp /New/), Credit Agreement (Lennar Corp /New/)
Subordinated Debt. The Obligations constitute are senior indebtedness which debt with respect to all Material Indebtedness that is contractually subordinated in right of payment to any other Indebtedness of the Borrower and entitled to the full benefits of the all subordination provisions of all outstanding Subordinated Debt, which outstanding Subordinated Debt as of the Closing Date is identified therein and such subordination provisions are in Schedule 4.21full force and effect.
Appears in 3 contracts
Samples: Credit Agreement (MGM Growth Properties LLC), Credit Agreement (MGM Growth Properties Operating Partnership LP), Credit Agreement (MGM Growth Properties Operating Partnership LP)
Subordinated Debt. The Obligations constitute senior indebtedness which is entitled to the benefits of the subordination provisions of all outstanding Subordinated Debt, which outstanding Subordinated Debt as of the Closing Date is identified in Schedule 4.21.V.
Appears in 2 contracts
Samples: Credit Agreement (NVR Inc), Credit Agreement (NVR Inc)
Subordinated Debt. The Obligations constitute senior indebtedness which that is entitled to the benefits of the subordination provisions provisions, if any, of all outstanding Subordinated Debt, which outstanding Subordinated Debt as of the Closing Date is identified in Schedule 4.21Obligated Parties.
Appears in 2 contracts
Samples: Loan and Security Agreement (Ahern Rentals Inc), Loan and Security Agreement (Ahern Rentals Inc)
Subordinated Debt. The Obligations constitute are senior indebtedness which debt with respect to all Indebtedness that is contractually subordinated in right of payment to any other Indebtedness of the Borrower and entitled to the full benefits of the all subordination provisions of all outstanding Subordinated Debt, which outstanding Subordinated Debt as of the Closing Date is identified therein and such subordination provisions are in Schedule 4.21full force and effect.
Appears in 2 contracts
Samples: Credit Agreement (Vici Properties Inc.), Credit Agreement (Vici Properties Inc.)
Subordinated Debt. The Obligations constitute senior indebtedness which is entitled to the benefits of the subordination provisions of all outstanding the Subordinated Debt, which outstanding Subordinated Debt as of the Closing Date is identified in Schedule 4.21.
Appears in 1 contract
Samples: Credit Agreement (Viad Corp)
