Subordination May Not Be Impaired by Subsidiary Guarantor. No right of any holder of Senior Debt of any Subsidiary Guarantor to enforce the subordination of the Obligation of such Subsidiary Guarantor shall be impaired by any act or failure to act by such Subsidiary Guarantor or by its failure to comply with this Indenture.
Appears in 6 contracts
Samples: Video Satellite (Tv Guide Inc), Joint Venture Agreement (Greif Brothers Corp), TOUSA Investment #1, Inc.
Subordination May Not Be Impaired by Subsidiary Guarantor. No right of any holder of Senior Debt Indebtedness of any Subsidiary Guarantor to enforce the subordination of the Obligation Obligations of such Subsidiary Guarantor shall be impaired by any act or failure to act by such Subsidiary Guarantor or by its failure to comply with this Indenture.
Appears in 3 contracts
Samples: Supplemental Indenture (Denbury Resources Inc), Linear Precision Products (Bremen Bearings Inc), Denbury Resources Inc
Subordination May Not Be Impaired by Subsidiary Guarantor. No right of any holder of Senior Debt of any Subsidiary Guarantor to enforce the subordination of the Obligation of such Indebtedness evidenced by the Subsidiary Guarantor Guarantees shall be impaired by any act or failure to act by such Subsidiary Guarantor or any Holder or by its the failure of such Subsidiary Guarantor or any Holder to comply with this Indenture.
Appears in 2 contracts
Samples: Indenture (Prime Medical Services Inc /Tx/), Sun Medical Technologies Inc /Ca/
Subordination May Not Be Impaired by Subsidiary Guarantor. No right of any holder of Senior Debt of any the Subsidiary Guarantor to enforce the subordination of the Obligation of such Subsidiary Guarantor Indebtedness evidenced by the Notes shall be impaired by any act or failure to act by such the Subsidiary Guarantor or any Holder or by its the failure of the Subsidiary Guarantor or any Holder to comply with this IndentureSubsidiary Guarantee.
Appears in 1 contract
Samples: Houston Exploration Co
Subordination May Not Be Impaired by Subsidiary Guarantor. No right of any holder of Senior Debt of any Subsidiary Guarantor to enforce the subordination of the Obligation of such Subsidiary Guarantor Guarantees shall be prejudiced or impaired by any act or failure to act by such the Subsidiary Guarantor Guarantors or any Holder or by its the failure of the Subsidiary Guarantors or any Holder to comply with this Indenture.
Appears in 1 contract
Samples: Duane Reade Inc
