Common use of Obligations of the Company Unconditional Clause in Contracts

Obligations of the Company Unconditional. (a) Nothing contained in this Section 4 or elsewhere in this Agreement or in any Note is intended to or shall impair, as between the Company, on the one hand, and the holders of the Notes, on the other, the respective obligations of the Company, which are absolute and unconditional, to pay to the holders of the Notes the principal, premium, if any, of and interest on the Notes as and when the same shall become due and payable in accordance with their terms, or is intended to or shall affect the relative rights of the holders of the Notes and creditors of the Company other than the holders of the Senior Indebtedness, nor shall anything herein or therein prevent any holder of the Notes from exercising all remedies otherwise permitted by applicable law upon default under this Agreement, subject to the rights, if any, under this Section 4, of the holders of Senior Indebtedness in respect of cash, property or securities of the Company received upon the exercise of any such remedy.

Appears in 1 contract

Samples: Dental Medical Diagnostic Systems Inc

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Obligations of the Company Unconditional. (a) Nothing contained in this Section 4 Article Seven or elsewhere in this Agreement Indenture or in any Note the Notes is intended to or shall impair, as between among the Company, on its creditors other than the one handholders of Senior Indebtedness, and the holders Holders of the Notes, on the other, the respective obligations obligation of the Company, which are is absolute and unconditional, 84 -76- to pay to the holders Holders of the Notes the principal, premium, if any, principal of and any interest on the Notes as and when the same shall become due and payable in accordance with their terms, or is intended to or shall affect the relative rights of the holders Holders of the Notes and creditors of the Company other than the holders of the Senior Indebtedness, nor shall anything herein or therein prevent the Holder of any holder of Note or the Notes Trustee on its behalf from exercising all remedies otherwise permitted by applicable law upon default under this AgreementIndenture, subject to the rights, if any, under this Section 4, of the holders of Senior Indebtedness in respect of cash, property or securities of the Company received upon the exercise of any such remedy.

Appears in 1 contract

Samples: Indenture (Carpenter W R North America Inc)

Obligations of the Company Unconditional. (a) Nothing contained in this Section 4 Article X or elsewhere in this Agreement Indenture or in any Note the Securities is intended to or shall impair, as between the Company, on the one hand, Company and the holders Holders of the Notes, on the otherSecurities of any series, the respective obligations obligation of the Company, which are is absolute and unconditional, to pay to such Holders the holders of the Notes the principalprincipal of, premium, premium (if any, of ) and interest on and any Additional Amounts with respect to the Notes Securities of such series as and when the same shall become due and payable in accordance with their terms, or is intended to or shall affect the relative rights of the holders of the Notes such Holders and creditors of the Company other than the holders of the Senior IndebtednessDebt, nor shall anything herein or therein prevent the Trustee or any holder of the Notes Holder from exercising all remedies otherwise permitted by applicable law upon default under this AgreementIndenture, subject to the rights, if any, under this Section 4Article X, of the holders of Senior Indebtedness Debt in respect of cash, property or securities of the Company received upon the exercise of any such remedy.. Notwithstanding anything to the contrary in this

Appears in 1 contract

Samples: Phillips 66 Co

Obligations of the Company Unconditional. (a) Nothing contained in this Section 4 Article 12 or elsewhere in this Agreement Indenture or in any Note the Debentures is intended to or shall impair, as between among the Company, on the one hand, Company and its creditors other than the holders of Senior Debt and the Notes, on the otherHolders, the respective obligations obligation of the Company, which are is absolute and unconditional, to pay to the holders of Holders the Notes the principalprincipal of, premium, if any, of on and any interest on the Notes Debentures as and when the same shall become due and payable in accordance with their terms, or is intended to or shall affect the relative rights of the holders of the Notes Holders and creditors of the Company other than the holders of the any Senior IndebtednessDebt, nor shall anything herein or therein prevent any holder of the Notes Holder or the Trustee on its behalf from exercising all remedies otherwise permitted by applicable law upon default Default under this AgreementIndenture, subject to the rights, if any, under this Section 4, Article 12 of the holders of Senior Indebtedness Debt in respect of cash, property or securities of the Company received upon the exercise of any such remedy.

Appears in 1 contract

Samples: Indenture (R&b Falcon Corp)

Obligations of the Company Unconditional. (a) Nothing contained in this Section 4 Article 10 or elsewhere in this Agreement Indenture or in any Note the Securities is intended to or shall impair, as between among the Company, on its creditors other than the one handholders of Senior Debt, and the holders Holders of the Notes, on the otherSecurities, the respective obligations obligation of the Company, which are is absolute and unconditional, to pay to the holders Holders of the Notes Securities the principal, premium, if any, principal of and any interest on the Notes Securities as and when the same shall become due and payable in accordance with their terms, or is intended to or shall affect the relative rights of the holders Holders of the Notes Securities and creditors of the Company other than the holders of the Senior IndebtednessDebt, nor shall anything herein or therein prevent the Holder of any holder of Security or the Notes Trustee on its behalf from exercising all remedies otherwise permitted by applicable law upon default under this AgreementIndenture, subject to the rights, if any, under this Section 4, of the holders of Senior Indebtedness in respect of cash, property or securities of the Company received upon the exercise of any such remedy.

Appears in 1 contract

Samples: Ackerley Group Inc

Obligations of the Company Unconditional. (a) Nothing contained in this Section 4 Article Ten or elsewhere in this Agreement Indenture or in any Note the Notes or the Subsidiary Guarantees is intended to or shall impair, as between among the Company, on its creditors other than the one handholders of Senior Indebtedness of the Company, and the holders of the Notes, on the otherHolders, the respective obligations obligation of the Company, which are is absolute and unconditional, to pay to the holders of Holders the Notes the principalprincipal of, premium, if any, of and any interest on the Notes as and when the same shall become due and payable in accordance with their terms, or is intended to or shall affect the relative rights of the holders of the Notes Holders and creditors of the Company other than the holders of the Senior IndebtednessIndebtedness of the Company, nor shall anything herein or therein prevent the Holder of any holder of Note or the Notes Trustee on its behalf from exercising all remedies otherwise permitted by applicable law upon default under this AgreementIndenture, subject to the rights, if any, under this Section 4, of the holders of Senior Indebtedness in respect of cash, property or securities of the Company received upon the exercise of any such remedy.

Appears in 1 contract

Samples: Indenture (Wellman North America Inc)

Obligations of the Company Unconditional. (a) Nothing contained in this Section 4 Article Ten or elsewhere in this Agreement Indenture or in any Note the Notes is intended to or shall impair, as between among the Company, on its creditors other than the one handholders of Senior Debt, and the holders Holders of the Notes, on the other, the respective obligations obligation of the Company, which are is absolute and unconditional, to pay to the holders Holders of the Notes the principal, premium, if any, principal of and any interest and Additional Interest on the Notes as and when the same shall become due and payable in accordance with their terms, or is intended to or shall affect the relative rights of the holders Holders of the Notes and creditors of the Company other than the holders of the Senior IndebtednessDebt, nor shall anything herein or therein prevent the Holder of any holder of Note or the Notes Trustee on its behalf from exercising all remedies otherwise permitted by applicable law upon default under this AgreementIndenture, subject to the rights, if any, under this Section 4, of the holders of Senior Indebtedness in respect of cash, property or securities of the Company received upon the exercise of any such remedy.

Appears in 1 contract

Samples: Nationsrent Inc

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Obligations of the Company Unconditional. (a) Nothing contained in this Section 4 Article Eleven or elsewhere in this Agreement or in any Note Indenture is intended to or shall impair, as between among the Company, on its creditors other than the one handholders of Senior Indebtedness, and the holders of the Notes, on the otherHolders, the respective obligations Obligation of the Company, which are is absolute and unconditional, to pay to the holders of Holders the Notes the principal, premium, if any, principal of and any interest on the Obligations owing under the Notes as and when the same shall become due and payable in accordance with their terms, or is intended to or shall affect the relative rights of the holders of the Notes Holders and creditors of the Company other than the holders of the Senior Indebtedness, nor shall anything herein or therein prevent any holder of Holder or the Notes Trustee on its behalf from exercising all remedies otherwise permitted by applicable law upon default under this AgreementIndenture, subject to the rights, if any, under this Section 4Article Eleven, of the holders of Senior Indebtedness in respect of cash, property or securities of the Company received upon the exercise of any such remedy.

Appears in 1 contract

Samples: Indenture (Nm Licensing LLC)

Obligations of the Company Unconditional. (a) Nothing contained in this Section 4 Article Twelve or elsewhere in this Agreement or in any Note Indenture is intended to or shall impair, as between among the Company, on its creditors other than the one handholders of Senior Debt, and the holders of the Notes, on the otherHolders, the respective obligations Obligation of the Company, which are is absolute and unconditional, to pay to the holders of Holders the Notes the principal, premium, if any, principal of and any interest on the Obligations owing under the Senior Subordinated Notes as and when the same shall become due and payable in accordance with their terms, or is intended to or shall affect the relative rights of the holders of the Notes Holders and creditors of the Company other than the holders of the Senior IndebtednessDebt, nor shall anything herein or therein prevent any holder of Holder or the Notes Trustee on its behalf from exercising all remedies otherwise permitted by applicable law upon default under this AgreementIndenture, subject to the rights, if any, under this Section 4Article Twelve, of the holders of Senior Indebtedness Debt in respect of cash, property Property or securities of the Company received upon the exercise of any such remedy.

Appears in 1 contract

Samples: Donnelley R H Inc

Obligations of the Company Unconditional. (a) Nothing contained in this Section 4 Article Ten or elsewhere in this Agreement Indenture or in any Note the Securities is intended to or shall impair, as between among the Company, on its creditors other than the one handholders of Senior Debt, and the holders Holders of the Notes, on the otherSecurities, the respective obligations obligation of the Company, which are is absolute and unconditional, to pay to the holders Holders of the Notes Securities the principal, premium, if any, principal of and any interest on the Notes Securities as and when the same shall become due and payable in accordance with their terms, or is intended to or shall affect the relative rights of the holders Holders of the Notes Securities and creditors of the Company other than the holders of the Senior IndebtednessDebt, nor shall anything herein or therein prevent the Holder of any holder of Security or the Notes Trustee on its behalf from exercising all remedies otherwise permitted by applicable law upon default under this AgreementIndenture, subject to the rights, rights if any, under this Section 4, of the holders of Senior Indebtedness in respect of cash, property or securities of the Company received upon the exercise of any such remedy.

Appears in 1 contract

Samples: Indenture (Wickes Inc)

Obligations of the Company Unconditional. (a) Nothing contained in this Section 4 Article Ten or elsewhere in this Agreement Indenture or in any Note the Securities is intended to or shall impair, as between among the Company, on its creditors other than the one handholders of Senior Indebtedness, and the holders Holders of the Notes, on the otherSecurities, the respective obligations obligation of the Company, which are is absolute and unconditional, to pay to the holders Holders of the Notes Securities the principal, premium, if any, principal of and any interest on the Notes Securities as and when the same shall become due and payable in accordance with their terms, or is intended to or shall affect the relative rights of the holders Holders of the Notes Securities and creditors of the Company other than the holders of the Senior Indebtedness, nor shall anything herein or therein prevent the Holder of any holder of Security or the Notes Trustee on its behalf from exercising all remedies otherwise permitted by applicable law upon default under this AgreementIndenture, subject to the rights, if any, under this Section 4, of the holders of Senior Indebtedness in respect of cash, property or securities of the -- Company received upon the exercise of any such remedy.

Appears in 1 contract

Samples: Indenture (Chancellor Radio Broadcasting Co)

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