Common use of No Waiver of Guarantee Subordination Provisions Clause in Contracts

No Waiver of Guarantee Subordination Provisions. Without in any way limiting the generality of Section 12.09, the holders of Senior Debt of Guarantors may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders of the Securities, without incurring responsibility to the Holders of the Securities and without impairing or releasing the subordination provided in this Article or the obligations hereunder of the Holders of the Securities to the holders of Senior Debt of Guarantors, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Senior Debt of Guarantors or any instrument evidencing the same or any agreement under which such Senior Debt is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing such Senior Debt; (c) release any Person liable in any manner for the collection of such Senior Debt; and (d) exercise or refrain from exercising any rights against any Guarantor and any other Person.

Appears in 6 contracts

Samples: Indenture (Tekni Plex Inc), Indenture (Pen Tab Industries Inc), United Auto Group Inc

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No Waiver of Guarantee Subordination Provisions. Without in any way limiting the generality of Section 12.09, the holders of Guarantor Senior Debt of Guarantors Indebtedness may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders of the Securities, without incurring responsibility to the Holders of the Securities and without impairing or releasing the subordination provided in this Article Twelve or the obligations hereunder of the Holders of the Securities to the holders of Guarantor Senior Debt of GuarantorsIndebtedness, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Guarantor Senior Debt of Guarantors Indebtedness or any instrument evidencing the same or any agreement under which such Guarantor Senior Debt Indebtedness is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing such Guarantor Senior DebtIndebtedness; (c) release any Person liable in any manner for the collection of such Guarantor Senior DebtIndebtedness; and (d) exercise or refrain from exercising any rights against any Guarantor and any other Person.

Appears in 6 contracts

Samples: Indenture (America Bank Note Holographics Inc), Aas Capital Corp, Polymer Group Inc

No Waiver of Guarantee Subordination Provisions. Without in any way limiting the generality of Section 12.09, the holders of Senior Debt of the Guarantors may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders of the Securities, without incurring responsibility to the Holders of the Securities and without impairing or releasing the subordination provided in this Article 12 or the obligations hereunder of the Holders of the Securities to the holders of such Senior Debt of GuarantorsDebt, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, such Senior Debt of Guarantors or any instrument evidencing the same or any agreement under which such Senior Debt of the Guarantors is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing such Senior Debt; (c) release any Person liable in any manner for the collection of such Senior Debt; and (d) exercise or refrain from exercising any rights against any the Guarantor and any other Person.

Appears in 5 contracts

Samples: Indenture (Scientific Games Corp), Indenture (Scientific Games Corp), Indenture (Scientific Games Corp)

No Waiver of Guarantee Subordination Provisions. Without in any way limiting the generality of Section 12.0913.09, the holders of Guarantor Senior Debt of Guarantors Indebtedness may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders of the Securities, without incurring responsibility to the Holders of the Securities and without impairing or releasing the subordination provided in this Article Thirteen or the obligations hereunder of the Holders of the Securities to the holders of Guarantor Senior Debt of GuarantorsIndebtedness, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Guarantor Senior Debt of Guarantors Indebtedness or any instrument evidencing the same or any agreement under which such Guarantor Senior Debt Indebtedness is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing such Guarantor Senior DebtIndebtedness; (c) release any Person liable in any manner for the collection of such Guarantor Senior DebtIndebtedness; and (d) exercise or refrain from exercising any rights against any Guarantor and any other Person.

Appears in 4 contracts

Samples: Indenture (Horton D R Inc /De/), Collins & Aikman Products Co, HPH Homebuilders 2000 Lp

No Waiver of Guarantee Subordination Provisions. Without in any way limiting the generality of Section 12.0910.07, the holders of Guarantor Senior Debt of Guarantors may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders of the Securities, without incurring responsibility to the Holders of the Securities and without impairing or releasing the subordination provided in this Article Ten or the obligations hereunder of the Holders of the Securities to the holders of Guarantor Senior Debt of GuarantorsDebt, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Guarantor Senior Debt of Guarantors or any instrument evidencing the same or any agreement under which such Guarantor Senior Debt is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing such Guarantor Senior Debt; (c) release any Person liable in any manner for the collection of such Guarantor Senior Debt; and (d) exercise or refrain from exercising any rights against any the Guarantor and any other Person.. ARTICLE ELEVEN

Appears in 2 contracts

Samples: Note Agreement (Casual Male Retail Group Inc), Note Agreement (Designs Inc)

No Waiver of Guarantee Subordination Provisions. Without in any way limiting the generality of Section 12.093.13, the holders of Guarantor Senior Debt of Guarantors Indebtedness may, at any time and from time to time, without the consent of or notice to the Trustee GOF and/or its successors or the Holders of the Securitiesassigns, without incurring responsibility to the Holders of the Securities GOF and/or its successors or assigns and without impairing or releasing the subordination provided in this Article III or the obligations hereunder of the Holders of the Securities GOF and/or its successors and assigns to the holders of Guarantor Senior Debt of GuarantorsIndebtedness, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Guarantor Senior Debt of Guarantors Indebtedness or any instrument evidencing the same or any agreement under which such Guarantor Senior Debt Indebtedness is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing such Guarantor Senior DebtIndebtedness; (c) release any Person liable in any manner for the collection of such Guarantor Senior DebtIndebtedness; and (d) exercise or refrain from exercising any rights against any Guarantor and any other Person.

Appears in 2 contracts

Samples: Subordinated Note Purchase Agreement (Polymer Group Inc), Senior Subordinated Note Purchase Agreement (Matlinpatterson Global Opportunities Partners Lp)

No Waiver of Guarantee Subordination Provisions. Without in any way limiting the generality of Section 12.09, the holders of Guarantor Senior Debt of Guarantors may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders of the Securities, without incurring responsibility to the Holders of the Securities and without impairing or releasing the subordination provided in this Article Twelve or the obligations hereunder of the Holders of the Securities to the holders of Guarantor Senior Debt of GuarantorsDebt, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Guarantor Senior Debt of Guarantors or any instrument evidencing the same or any agreement under which such Guarantor Senior Debt is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing such Guarantor Senior Debt; (c) release any Person liable in any manner for the collection of such Guarantor Senior Debt; and (d) exercise or refrain from exercising any rights against any the Guarantor and any other Person.

Appears in 2 contracts

Samples: Indenture (Scientific Games Corp), Autotote Corp

No Waiver of Guarantee Subordination Provisions. Without in any way limiting the generality of Section 12.098.9, the holders of Guarantor Senior Debt of Guarantors Indebtedness may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders of the SecuritiesNotes, without incurring responsibility to the Holders of the Securities Notes and without impairing or releasing the subordination provided in this Article Eight or the obligations hereunder of the Holders of the Securities Notes to the holders of Guarantor Senior Debt of GuarantorsIndebtedness, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Guarantor Senior Debt of Guarantors Indebtedness or any instrument evidencing the same or any agreement under which such Guarantor Senior Debt Indebtedness is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing such Guarantor Senior DebtIndebtedness; (c) release any Person liable in any manner for the collection of such Guarantor Senior DebtIndebtedness; and (d) exercise or refrain from exercising any rights against any Guarantor and any other Person.

Appears in 2 contracts

Samples: Constellation Brands Inc, Canandaigua LTD

No Waiver of Guarantee Subordination Provisions. Without in any way limiting the generality of Section 12.0911.9, the holders Lenders of Guarantor Senior Debt of Guarantors Indebtedness may, at any time and from time to time, without the consent of or notice to the Trustee Arranger or the Holders of the SecuritiesLenders, without incurring responsibility to the Holders of the Securities Lenders and without impairing or releasing the subordination provided in this Article Section 11 or the obligations hereunder of the Holders of the Securities Lenders to the holders Lenders of Guarantor Senior Debt of GuarantorsIndebtedness, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Guarantor Senior Debt of Guarantors Indebtedness or any instrument evidencing the same or any agreement under which such Guarantor Senior Debt Indebtedness is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing such Guarantor Senior DebtIndebtedness; (c) release any Person liable in any manner for the collection of such Guarantor Senior DebtIndebtedness; and (d) exercise or refrain from exercising any rights against any Guarantor and any other Person.

Appears in 2 contracts

Samples: Primestar Inc, Primestar Inc

No Waiver of Guarantee Subordination Provisions. Without in any way limiting the generality of Section SECTION 12.09, the holders of Guarantor Senior Debt of Guarantors Indebtedness may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders of the SecuritiesNotes, without incurring responsibility to the Holders of the Securities Notes and without impairing or releasing the subordination provided in this Article Twelve or the obligations hereunder of the Holders of the Securities Notes to the holders of Guarantor Senior Debt of GuarantorsIndebtedness, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Guarantor Senior Debt of Guarantors Indebtedness or any instrument evidencing the same or any agreement under which such Guarantor Senior Debt Indebtedness is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing such Guarantor Senior DebtIndebtedness; (c) release any Person liable in any manner for the collection of such Guarantor Senior DebtIndebtedness; and (d) exercise or refrain from exercising any rights against any Guarantor and any other Person.

Appears in 2 contracts

Samples: Polymer Group Inc, Polymer Group Inc

No Waiver of Guarantee Subordination Provisions. Without in any way limiting the generality of Section 12.09, the holders of Senior Debt of Guarantors may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders of the Securities, without incurring responsibility to the Holders of the Securities and without impairing or releasing the subordination provided in this Article or the obligations hereunder of the Holders of the Securities to the holders of Senior Debt of Guarantors, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Senior Debt of Guarantors or any instrument evidencing the same or any agreement agree- ment under which such Senior Debt is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing such Senior Debt; (c) release any Person liable in any manner for the collection of such Senior Debt; and (d) exercise or refrain from exercising any rights against any Guarantor and any other Person.

Appears in 1 contract

Samples: Indenture (United Auto Group Inc)

No Waiver of Guarantee Subordination Provisions. Without in any way limiting the generality of Section 12.09, the holders of Senior Debt Indebtedness of Guarantors any Guarantor may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders holders of the Securities, without incurring responsibility to the Holders holders of the Securities and without impairing or releasing the subordination provided in this Article Twelve or the obligations hereunder of the Holders holders of the Securities to the holders of Senior Debt Indebtedness of Guarantorsany Guarantor, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Senior Debt Indebtedness of Guarantors any Guarantor or any instrument evidencing the same or any agreement under which such Senior Debt Indebtedness of any Guarantor is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing such Senior DebtIndebtedness of any Guarantor; (c) release any Person liable in any manner for the collection of such Senior DebtIndebtedness of any Guarantor; and (d) exercise or refrain from exercising any rights against any Guarantor and any other Person.

Appears in 1 contract

Samples: Carson Products Co

No Waiver of Guarantee Subordination Provisions. Without in any way limiting the generality of Section 12.0913.09, the holders of Guarantor Senior Debt of Guarantors Indebtedness may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders of the Securities, without incurring responsibility to the Holders of the Securities and without impairing or releasing the subordination provided in this Article Thirteen or the obligations hereunder of the Holders of the Securities to the holders of Guarantor Senior Debt of GuarantorsIndebtedness, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Guarantor Senior Debt of Guarantors Indebtedness or any instrument evidencing the same or any agreement under which such Guarantor Senior Debt Indebtedness is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing such Guarantor Senior DebtIndebtedness; (c) release any Person liable in any manner for the collection of such Guarantor Senior DebtIndebtedness; and (d) exercise or refrain from exercising any rights against any the Guarantor and any other Person.

Appears in 1 contract

Samples: Indenture (Collins & Aikman Products Co)

No Waiver of Guarantee Subordination Provisions. Without in any way limiting the generality of Section 12.09, the holders of Senior Debt of Guarantors may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders of the Securities, without incurring responsibility to the Holders of the Securities and without impairing or releasing the subordination provided in this Article or the obligations hereunder of the Holders of the 112 -104- Securities to the holders of Senior Debt of Guarantors, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Senior Debt of Guarantors or any instrument evidencing the same or any agreement under which such Senior Debt is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing such Senior Debt; (c) release any Person liable in any manner for the collection of such Senior Debt; and (d) exercise or refrain from exercising any rights against any Guarantor and any other Person.

Appears in 1 contract

Samples: Definitions and Incorporation by Reference (Dolco Packaging Corp /De/)

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No Waiver of Guarantee Subordination Provisions. Without in any way limiting the generality of Section 12.0912.08, the holders of Senior Debt Indebtedness of Guarantors Holdings or a Guarantor may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders of the Securities, without incurring responsibility to the Holders of the Securities and without impairing or releasing the subordination provided in this Article Twelve or the obligations hereunder of the Holders of the Securities to the holders of such Senior Debt of GuarantorsIndebtedness, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, such Senior Debt of Guarantors Indebtedness or any instrument evidencing the same or any agreement under which such Senior Debt Indebtedness is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing such Senior DebtIndebtedness; (c) release any Person liable in any manner for the collection of such Senior DebtIndebtedness; and (d) exercise or refrain from exercising any rights against any Guarantor and any other Person.

Appears in 1 contract

Samples: Graham Packaging Holdings Co

No Waiver of Guarantee Subordination Provisions. Without in any way limiting the generality of Section 12.0912.08, the holders of Guarantor Senior Debt of Guarantors Indebtedness may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders of the SecuritiesNotes, without incurring responsibility to the Holders of the Securities Notes and without impairing or releasing the subordination provided in this Article Twelve or the obligations hereunder of the Holders of the Securities Notes to the holders of Guarantor Senior Debt of GuarantorsIndebtedness, do any one anyone or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Guarantor Senior Debt of Guarantors Indebtedness or any instrument evidencing the same or any agreement under which such Guarantor Senior Debt Indebtedness is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing such Guarantor Senior Debt; (c) release any Person liable in any manner for the collection of such Senior Debt; and (d) exercise or refrain from exercising any rights against any Guarantor and any other Person.Indebtedness;

Appears in 1 contract

Samples: Indenture (Atlantic Broadband Management, LLC)

No Waiver of Guarantee Subordination Provisions. Without in any way limiting the generality of Section 12.09, the holders of Guarantor Senior Debt of Guarantors Indebtedness may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders of the Securities, without incurring responsibility to the Holders of the Securities and without impairing or releasing the subordination provided in this Article Twelve or the obligations hereunder of the Holders of the Securities to the holders of Guarantor Senior Debt of GuarantorsIndebtedness, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Guarantor Senior Debt of Guarantors Indebtedness or any instrument evidencing the same or any agreement under which such Guarantor Senior Debt Indebtedness is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing such Guarantor Senior DebtIndebtedness; (c) release any Person liable in any manner for the collection of such Guarantor Senior DebtIndebtedness; and (d) exercise or refrain from exercising any rights against any the Guarantor and any other Person.

Appears in 1 contract

Samples: Fedders North America Inc

No Waiver of Guarantee Subordination Provisions. Without in any way limiting the generality of Section 12.09, the holders of Guarantor Senior Debt of Guarantors Indebtedness may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders of the Securities, without incurring responsibility to the Holders of the Securities and without impairing or releasing the subordination provided in this Article Twelve or the obligations hereunder of the Holders of the Securities to the holders of Guarantor Senior Debt of GuarantorsIndebtedness, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Guarantor Senior Debt of Guarantors Indebtedness or any instrument evidencing the same or any agreement under which such Guarantor Senior Debt Indebtedness is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing such Guarantor Senior DebtIndebtedness; (c) release any Person liable in any manner for the collection of such Guarantor Senior DebtIndebtedness; and (d) exercise or refrain from exercising any rights against any Guarantor the Guarantors and any other Person.

Appears in 1 contract

Samples: Registration Rights Agreement (West Texas & Lubbock Railroad Co Inc)

No Waiver of Guarantee Subordination Provisions. Without in any way limiting the generality of Section 12.0912.08, the holders of Guarantor Senior Debt of Guarantors Indebtedness may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders of the SecuritiesNotes, without incurring responsibility to the Holders of the Securities Notes and without impairing or releasing the subordination provided in this Article Twelve or the obligations hereunder of the Holders of the Securities Notes to the holders of Guarantor Senior Debt of GuarantorsIndebtedness, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Guarantor Senior Debt of Guarantors Indebtedness or any instrument evidencing the same or any agreement under which such Guarantor Senior Debt Indebtedness is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing such Guarantor Senior DebtIndebtedness; (c) release any Person liable in any manner for the collection of such Guarantor Senior DebtIndebtedness; and (d) exercise or refrain from exercising any rights against any Guarantor and any other Person.

Appears in 1 contract

Samples: Indenture (Language Line Costa Rica, LLC)

No Waiver of Guarantee Subordination Provisions. Without in any way limiting the generality of Section 12.0912.08, the holders of Guarantor Senior Debt of Guarantors Indebtedness may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders of the SecuritiesHolders, without incurring responsibility to the Holders of the Securities and without impairing or releasing the subordination provided in this Article Twelve or the obligations hereunder of the Holders of the Securities to the holders of Guarantor Senior Debt of GuarantorsIndebtedness, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Guarantor Senior Debt of Guarantors Indebtedness or any instrument evidencing the same or any agreement under which such Guarantor Senior Debt Indebtedness is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing such Guarantor Senior DebtIndebtedness; (c) release any Person liable in any manner for the collection of such Guarantor Senior DebtIndebtedness; and (d) exercise or refrain from exercising any rights against any Guarantor and any other Person.

Appears in 1 contract

Samples: Indenture (Carrols Corp)

No Waiver of Guarantee Subordination Provisions. Without in any way limiting the generality of Section 12.09, the holders of Guarantor Senior Debt of Guarantors Indebtedness may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders of the Securities, without incurring responsibility to the Holders of the Securities and without impairing or releasing the subordination provided in this Article or the obligations obli- gations hereunder of the Holders of the Securities to the holders of Guarantor Senior Debt of GuarantorsIndebtedness, do any one or more of the following: (a) change the mannerman- ner, place or terms of payment or extend the time of payment of, or renew or alter, Guarantor Senior Debt of Guarantors Indebtedness or any instrument evidencing the same or any agreement under which such Guarantor Senior Debt Indebtedness is outstanding or securedse- cured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing such Guarantor Senior DebtIndebtedness; (c) release any Person liable in any manner for the collection of such Guarantor Senior DebtIndebtedness; and (d) exercise or refrain from exercising any rights against any Guarantor and any other Person. Section 12.14.

Appears in 1 contract

Samples: Newport News Shipbuilding Inc

No Waiver of Guarantee Subordination Provisions. Without in any way limiting the generality of Section 12.0912.08, the holders of Guarantor Senior Debt of Guarantors mayany Guarantor, at any time and from time to time, without the consent of or notice to the Trustee or the Holders of the Securities, without incurring responsibility to the Holders of the Securities and without impairing or releasing the subordination provided in this Article Twelve or the obligations hereunder of the Holders of the Securities to the holders of such Guarantor Senior Debt of GuarantorsDebt, may do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, such Guarantor Senior Debt of Guarantors or any instrument evidencing the same or any agreement under which such Guarantor Senior Debt is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing such Guarantor Senior Debt; (c) release any Person liable in any manner for the collection of such Guarantor Senior Debt; and (d) exercise or refrain from exercising any rights against any the Guarantor and any other Person.

Appears in 1 contract

Samples: Cadmus Communications Corp/New

No Waiver of Guarantee Subordination Provisions. Without in ----------------------------------------------- any way limiting the generality of Section 12.0914.09, the holders Lenders of Guarantor Senior Debt of Guarantors Indebtedness may, at any time and from time to time, without the consent of or notice to the Trustee An-anger or the Holders of the SecuritiesLenders, without incurring responsibility to the Holders of the Securities Lenders and without impairing or releasing the subordination provided in this Article Section 14 or the obligations hereunder of the Holders of the Securities Lenders to the holders Lenders of Guarantor Senior Debt of GuarantorsIndebtedness, do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Guarantor Senior Debt of Guarantors Indebtedness or any instrument evidencing the same or any agreement under which such Guarantor Senior Debt Indebtedness is outstanding or secured; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing such Guarantor Senior DebtIndebtedness; (c) release any Person liable in any manner for the collection of such Guarantor Senior DebtIndebtedness; and (d) exercise or refrain from exercising any rights against any Guarantor and any other Person.

Appears in 1 contract

Samples: Credit Agreement (Princess Beverly Coal Holding Co Inc)

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