Common use of Subordination Rights Clause in Contracts

Subordination Rights. not Impaired by Acts or Omissions of Payor or Holders of Senior Indebtedness. No right of any present or future holders of any Senior Indebtedness to enforce subordination as herein provided shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Payor or by any act or failure to act by any such holder, or by any noncompliance by the Payor with the terms and provisions of the Note, regardless of any knowledge thereof which any such holder may have or be otherwise charged with. The holders of the Senior Indebtedness may, without in any way affecting the obligations of the holder of the Note with respect hereto, at any time or from time to time and in their absolute discretion, change the manner, place or terms of payment of, change or extend the time of payment of, or renew or alter, any Senior Indebtedness or amend, modify or supplement any agreement or instrument governing or evidencing such Senior Indebtedness or any other document referred to therein, or exercise or refrain from exercising any other of their rights under the Senior Indebtedness including, without limitation, the waiver of default thereunder and the release of any collateral securing such Senior Indebtedness, all without notice to or assent from the holder of the Note.

Subordination Rights. not Not Impaired by Acts or Omissions of Payor the Maker or Holders of Senior Indebtedness. No right of any present or future holders of any Senior Indebtedness Obligations to enforce subordination as herein provided shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Payor Maker or by any act or failure to act in good faith by any such holder, or by any noncompliance by the Payor Maker with the terms and provisions of the this Note, regardless of any knowledge thereof which any such holder may have or be otherwise charged with. The holders of the Senior Indebtedness Obligations may, without in any way affecting the obligations of the holder of the Note Holder with respect heretothese subordination provisions, at any time or from time to time and in their absolute discretion, change the manner, place or terms of payment of, change or extend the time of payment of, or renew or alter, any Senior Indebtedness Obligations, or amend, modify or supplement any agreement or instrument governing or evidencing such Senior Indebtedness Obligations or any other document referred to therein, or exercise or refrain from exercising any other of their rights under the Senior Indebtedness Obligations including, without limitation, the waiver of default thereunder and the release of any collateral securing such Senior IndebtednessObligations, all without notice to or assent from the holder of the NoteHolder.

Subordination Rights. not Not Impaired by Acts or Omissions of Payor the Company or Holders of Senior Indebtedness. No right of any present or future holders of any Senior Indebtedness to enforce subordination as herein provided in this First Supplemental Indenture or Base Indenture shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Payor Company or by any act or failure to act act, in good faith, by any such holder, or by any noncompliance by the Payor Company with the terms terms, provisions, and provisions covenants of the Notethis First Supplemental Indenture or Base Indenture, regardless of any knowledge thereof which any such holder may have or be otherwise charged with. The holders of the Senior Indebtedness may, without in any way affecting the obligations of the holder of the Note with respect hereto, at any time or from time to time and in their absolute discretion, change the manner, place place, or terms of payment ofpayment, change or extend the time of payment of, or renew or alter, any such Senior Indebtedness Indebtedness, or amend, modify amend or supplement any agreement or instrument governing or evidencing pursuant to which any such Senior Indebtedness is issued or by which it may be secured, or release any other document referred to thereinsecurity, or exercise or refrain from exercising any other of their rights under the Senior Indebtedness including, without limitation, the waiver of default thereunder and the release of any collateral securing such Senior Indebtednessdefault, all without notice to or assent from the holder Holders of the NoteNotes or the Trustee and without affecting the obligations of the Company, the Trustee, or the Holders of the Notes under this Article III.

Subordination Rights. not Not Impaired by Acts or Omissions of Payor or Holders of Senior Indebtedness. No right of any present or future holders of any Senior Indebtedness to enforce subordination as herein provided shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Payor or by any act or failure to act in good faith by any such holder, or by any noncompliance by the Payor with the terms and provisions of the Note, regardless of any knowledge thereof which any such holder may have or be otherwise charged with. The holders of the Senior Indebtedness may, without in any way affecting the obligations of the holder of the Note with respect heretothereto, at any time or from time to time and in their absolute discretion, change the manner, place or terms of payment of, change or extend the time of payment of, or renew or alter, any Senior Indebtedness Indebtedness, or amend, modify or supplement any agreement or instrument governing or evidencing such Senior Indebtedness or any other document referred to therein, or exercise or refrain from exercising any other of their rights under the Senior Indebtedness including, without limitation, the waiver of default thereunder and the release of any collateral securing such Senior Indebtedness, all without notice to or assent from the holder of the Note.

Subordination Rights. not Not Impaired by Acts or Omissions of Payor the Issuer or Holders of Senior IndebtednessIndebtedness of the Issuer. No right of any present or future holders of any Senior Indebtedness of the Issuer to enforce subordination as herein provided shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Payor Issuer or by any act or failure to act act, in good faith, by any such holder, or by any noncompliance by the Payor Issuer with the terms terms, provisions and provisions covenants of the Notethis Indenture, regardless of any knowledge thereof which any such holder may have or be otherwise charged with. The holders of the Senior Indebtedness may, without in any way affecting the obligations of the holder of the Note with respect hereto, Issuer may at any time or from time to time and in their absolute discretion, change the manner, place or terms of payment ofpayment, change or extend the time of payment of, or renew or alter, any such Senior Indebtedness Indebtedness, or amend, modify amend or supplement any agreement or instrument governing or evidencing pursuant to which any such Senior Indebtedness is issued or by which it may be secured, or release any other document referred to thereinsecurity therefor, or exercise or refrain from exercising any other of their rights under the Senior Indebtedness of the Issuer including, without limitation, the waiver of default thereunder and the release of any collateral securing such Senior Indebtednessthereunder, all without notice to or assent from the holder holders of the NoteSecurities or Coupons or the Trustee and without affecting the obligations of the Issuer, the Trustee or the holders of the Securities or Coupons under this Article.

Subordination Rights. not Not Impaired by Acts or Omissions of Payor Company or Holders of Senior IndebtednessIndebtedness of the Company. No right of any present or future holders of any Senior Indebtedness of the Company to enforce subordination as herein provided shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Payor Company or by any act or failure to act act, in good faith, by any such holder, or by any noncompliance by the Payor Company with the terms terms, provisions and provisions covenants of the Notethis Indenture, regardless of any knowledge thereof with which any such holder may have or be otherwise charged withcharged. The holders of the Senior Indebtedness may, without in any way affecting the obligations of the holder of the Note with respect heretoCompany may, at any time or from time to time and in their absolute discretion, change the manner, place or terms of payment ofpayment, change or extend the time of payment of, or renew or alter, any such Senior Indebtedness of the Company, or amend, modify amend or supplement any agreement or instrument governing or evidencing pursuant to which any such Senior Indebtedness of the Company is issued or by which it may be secured, or release any other document referred to thereinsecurity therefor, or exercise or refrain from exercising any other of their rights under the Senior Indebtedness of the Company including, without limitation, the waiver of default thereunder and the release of any collateral securing such Senior Indebtednessthereunder, all without notice to or assent from the holder holders of the NoteSecurities of each series or the Trustee and without affecting the obligations of the Company, the Trustee or the holders of such Securities under this Article.

Subordination Rights. not Not Impaired by Acts or Omissions of Payor Holdings or Holders of Senior Indebtedness. No right of any present or future holders of any Senior Indebtedness to enforce subordination as herein provided shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Payor Holdings or by any act or failure to act in good faith by any such holder, or by any noncompliance by the Payor Holdings with the terms and provisions of the Note, regardless of any knowledge thereof which any such holder may have or be otherwise charged with. The holders of the Senior Indebtedness may, without in any way affecting the obligations of the holder of the Note with respect hereto, at any time or from time to time and in their absolute discretion, change the manner, place or terms of payment of, change or extend the time of payment of, or renew or alter, any Senior Indebtedness or amend, modify modify, or supplement any agreement or instrument governing or evidencing such Senior Indebtedness or any other document referred to therein, or exercise or refrain from exercising any other of their rights under the Senior Indebtedness including, without limitation, the waiver of default thereunder and the release of any collateral securing such Senior Indebtedness, all without notice to or assent from the holder of the Note.

Subordination Rights. not Not Impaired by Acts or Omissions of Payor Company or Holders of Senior Indebtedness. No right of any present or future holders of any Senior Indebtedness to enforce subordination as herein provided shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Payor Company or by any act or failure to act in good faith by any such holder, or by any noncompliance by the Payor Company with the terms and provisions of the Note, regardless of any knowledge thereof which any such holder may have or be otherwise charged with. The holders of the Senior Indebtedness may, without in any way affecting the obligations of the holder of the Note with respect hereto, at any time or from time to time and in their absolute discretion, change the manner, place or terms of payment of, change or extend the time of payment of, or renew or alter, any Senior Indebtedness or amend, modify or supplement any agreement or instrument governing or evidencing such Senior Indebtedness or any other document referred to therein, or exercise or refrain from exercising any other of their rights under the Senior Indebtedness including, without limitation, the waiver of default thereunder and the release of any collateral securing such Senior Indebtedness, all without notice to or assent from the holder of the Note.