Common use of No Senior Subordinated Debt Clause in Contracts

No Senior Subordinated Debt. The Company will not incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any Senior Debt of the Company and senior in any respect in right of payment to the Notes. No Guarantor will incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to the Senior Debt of such Guarantor and senior in any respect in right of payment to such Guarantor's Note Guarantee.

Appears in 4 contracts

Samples: Indenture (Wright Bilt Corp), Indenture (Cole National Corp /De/), Indenture (National Waterworks Inc)

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No Senior Subordinated Debt. The Notwithstanding the provisions of Section 4.09 hereof, the Company will shall not incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any Senior Debt of the Company and senior in any respect in right of payment to the Notes. No Notes and no Guarantor will shall incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to the any Senior Debt of such Guarantor and senior in any respect in right of payment to such Guarantor's Note Guarantee.

Appears in 4 contracts

Samples: Indenture (Florida Lifestyle Management Co), Indenture (Communities Home Builders Inc), Wci Communities Inc

No Senior Subordinated Debt. The Company will shall not incur, create, issue, assume, guarantee Guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any Senior Debt of the Company and senior in any respect in right of payment to the Notes. No Guarantor will incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to the Senior Debt of such Guarantor and senior in any respect in right of payment to such Guarantor's Note ’s Subsidiary Guarantee.

Appears in 3 contracts

Samples: First Supplemental Indenture (Omnicare Inc), Fourth Supplemental Indenture (Omnicare Inc), Omnicare Inc

No Senior Subordinated Debt. The Company will shall not incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any Senior Debt of the Company and senior in any respect in right of payment to the Notes. No Guarantor will incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to the Senior Debt of such Guarantor and senior in any respect in right of payment to such Guarantor's Note Subsidiary Guarantee.

Appears in 3 contracts

Samples: Genesis Healthcare Corp, Neighborcare Inc, Rotech Healthcare Inc

No Senior Subordinated Debt. The Company will shall not incur, create, issue, assume, guarantee guarantee, or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any Senior Debt Indebtedness of the Company and senior in any respect in right of payment to the Notes. No Subsidiary Guarantor will shall incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate subordinated or junior in right of payment to the Senior Debt Indebtedness of such Guarantor and senior in any respect in right of payment to such Guarantor's Note Subsidiary Guarantee.

Appears in 2 contracts

Samples: Entercom Communications Corp, Entercom Radio LLC

No Senior Subordinated Debt. The Company will not incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any Senior Debt of the Company and senior in any respect in right of payment to the Notes. No Guarantor will incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to the Senior Debt of such Guarantor and senior in any respect in right of payment to such Guarantor's Note Subsidiary Guarantee.

Appears in 2 contracts

Samples: First Supplemental Indenture (Jarden Corp), Alltrista Corp

No Senior Subordinated Debt. The Company will shall not incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any Senior Debt Indebtedness of the Company and senior in any respect in right of payment to the Notes. No Guarantor will shall incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to the Senior Debt Indebtedness of such Guarantor and senior in any respect in right of payment to such Guarantor's Note Guarantee.

Appears in 2 contracts

Samples: Indenture (Assisted Living Concepts Inc), Indenture (Assisted Living Concepts Inc)

No Senior Subordinated Debt. The Company will shall not incur, create, issue, assume, guarantee guarantee, or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any Senior Debt of the Company and senior in any respect in right of payment to the Notes. No Guarantor will shall incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate subordinated or junior in right of payment to the Senior Debt of such Guarantor and senior in any respect in right of payment to such Guarantor's Note Subsidiary Guarantee.

Appears in 2 contracts

Samples: Indenture (Entravision Communications Corp), Indenture (Radio One Inc)

No Senior Subordinated Debt. The Company will shall not incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness Debt that is subordinate or junior in right of payment to any Senior Debt of the Company and senior in any respect in right of payment to the Notes. No Guarantor will shall incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness Debt that is subordinate or junior in right of payment to the Senior Debt of such Guarantor and senior in any respect in right of payment to such Guarantor's Note Guarantee.

Appears in 2 contracts

Samples: Supplemental Indenture (Allied Waste Industries Inc), Supplemental Indenture (Allied Waste Industries Inc)

No Senior Subordinated Debt. The Notwithstanding the provisions of Section 4.09 hereof, the Company will shall not incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any Senior Debt of the Company and senior in any respect in right of payment to the Notes. No Guarantor will shall incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to the Senior Debt of such Guarantor and senior in any respect in right of payment to such Guarantor's Note Guarantee.

Appears in 1 contract

Samples: Pledge and Security Agreement (Unwired Telecom Corp)

No Senior Subordinated Debt. The Company will shall not incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any Senior Debt of the Company and senior in any respect in right of payment to the Notes. No Guarantor will incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to the Senior Debt of such Guarantor and senior in any respect in right of payment to such Guarantor's Note Guarantee.

Appears in 1 contract

Samples: Execution Copy (Omnicare Inc)

No Senior Subordinated Debt. The Company will shall not incur, create, issue, assume, guarantee guarantee, or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any Senior Debt of the Company and senior in any respect in right of payment to the Notes. No Guarantor will shall incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate subordinated or junior in right of payment to the Senior Debt of such Guarantor and senior in any respect in right of payment to such Guarantor's Note Guarantee.

Appears in 1 contract

Samples: Nexstar Broadcasting of the Wichita Falls LLC

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No Senior Subordinated Debt. The Company will shall not incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any Senior Debt of the Company and senior in any respect in right of payment to the Notes. No Guarantor will shall incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate subordinated or junior in right of payment to the Senior Debt of such Guarantor and senior in any respect in right of payment to such Guarantor's Note Subsidiary Guarantee.

Appears in 1 contract

Samples: Potlatch Corp

No Senior Subordinated Debt. The Company will shall not incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any Senior Debt of the Company and senior in any respect in right of payment to the Notes. No Guarantor will incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to the any Senior Debt of such Guarantor and senior in any respect in right of payment to such Guarantor's Note Guarantee.

Appears in 1 contract

Samples: Indenture (Emmis 105 5 Fm Radio License Corp of Terre Haute)

No Senior Subordinated Debt. (i) The Company will shall not incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any Senior Debt of the Company and senior in any respect in right of payment to the Notes. No , and (ii) no Guarantor will shall incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to the any Guarantees of Senior Debt of such Guarantor and senior in any respect in right of payment to such Guarantor's Note Guaranteethe Subsidiary Guarantees.

Appears in 1 contract

Samples: Clean Towel Service Inc

No Senior Subordinated Debt. The Company will shall not incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any Senior Debt of the Company and senior in any respect in right of payment to the NotesSecurities. No Note Guarantor will shall incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to the Senior Debt of such Note Guarantor and senior in any respect in right of payment to such Note Guarantor's Note Guaranteeguarantee.

Appears in 1 contract

Samples: Supplemental Indenture (Sea Coast Foods, Inc.)

No Senior Subordinated Debt. The Company will shall not incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any of the Company's Senior Debt of the Company and senior in any respect in right of payment to the Notes. No Guarantor will shall incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to the Senior Debt of such Guarantor and senior in any respect in right of payment to such Guarantor's Note Guarantee.

Appears in 1 contract

Samples: Indenture (Beverly Enterprises Inc)

No Senior Subordinated Debt. The Company will not incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any Senior Debt of the Company and senior in any respect in right of payment to the Notes. No Guarantor will incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to the Senior Debt of such Guarantor and senior in any respect in right of payment to such Guarantor's Note Guarantee.

Appears in 1 contract

Samples: Indenture (Synagro Technologies Inc)

No Senior Subordinated Debt. The Company will shall not incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any Senior Debt Indebtedness of the Company and senior in any respect in right of payment to the Notes. No Guarantor will shall incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to the Senior Debt any Indebtedness of such Guarantor and senior in any respect in right of payment to such Guarantor's Note Subsidiary Guarantee.

Appears in 1 contract

Samples: Indenture (Dominos Pizza Government Services Division Inc)

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