Common use of Section 12 Clause in Contracts

Section 12. 8 Subordination Rights Not Impaired by Acts or Omissions of the Company or Holders of Senior Indebtedness......... 95 Section 12.9 Securityholders Authorize Trustee to Effectuate Subordination of Securities.............................. 95 Section 12.10 Right of Trustee to Hold Senior Indebtedness............. 96 Section 12.11 Article Twelve Not to Prevent Events of Default.......... 96

Appears in 1 contract

Samples: Indenture (Us Foodservice/Md/)

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Section 12. 8 09. Subordination Rights Not Impaired by Acts or Omissions of the Company or Holders of Senior Indebtedness......... 95 .........................................52 Section 12.9 Securityholders 12.10. Holders Authorize Trustee to To Effectuate Subordination of Securities.............................. 95 ..........................52 Section 12.10 Right of Trustee to Hold Senior Indebtedness............. 96 Section 12.11 12.11. This Article Twelve Not to To Prevent Events of Default.......... 96........52 Section 12.12. Trustee's Compensation Not Prejudiced................52 Section 12.13. No Waiver of Subordination Provisions................53 Section 12.14. Certain Payments May Be Paid Prior to Dissolution....53 ARTICLE THIRTEEN

Appears in 1 contract

Samples: Indenture (Collins & Aikman Products Co)

Section 12. 8 09. Subordination Rights Not Impaired by Acts or Omissions of the Company or Holders of Senior Indebtedness......... 95 .................................51 Section 12.9 12.10. Securityholders Authorize Trustee to To Effectuate Subordination of Securities.............................. 95 ...................................................51 Section 12.10 Right of Trustee to Hold Senior Indebtedness............. 96 Section 12.11 12.11. This Article Twelve Not to Prevent Events of Default.......... 96....................................52 Section 12.12. Trustee's Compensation Not Prejudiced............................................52 Section 12.13. No Waiver of Subordination Provisions............................................52

Appears in 1 contract

Samples: Collins & Aikman Products Co

Section 12. 8 8. Subordination Rights Not Impaired by Acts or Omissions of the Company Company, the Guarantors or Holders of Senior Indebtedness......... 95 Section 12.9 Debt................................................70 SECTION 12.9. Securityholders Authorize Trustee to Effectuate Subordination of Securities.............................. 95 Section 12.10 ......................71 SECTION 12.10. Right of Trustee to Hold Senior Indebtedness............. 96 Section 12.11 Debt.............................................................71 SECTION 12.11. Article Twelve XII Not to Prevent Events of Default.......... 96.....................................................71 SECTION 12.12. No Fiduciary Duty of Trustee to Holders of Senior Debt...........................................71 ARTICLE XIII MISCELLANEOUS

Appears in 1 contract

Samples: Compass Aerospace LTD

Section 12. 8 08. Subordination Rights Not Impaired by Acts or Omissions of the Company or Holders of Senior Indebtedness......... 95 .................... 97 Section 12.9 12.09. Securityholders Authorize Trustee to Effectuate Subordination of Securities.............................. 95 ......................................... 97 Section 12.10 12.10. Right of Trustee to Hold Senior Indebtedness............. 96 .............. 98 Section 12.11 12.11. Article Twelve Not to Prevent Events of Default.......... 96................. 98 Section 12.12. No Fiduciary Duty of Trustee to Holders of Senior Indebtedness........................................................ 98

Appears in 1 contract

Samples: Price Communications Corp

Section 12. 8 8. Subordination Rights Not Impaired by Acts or Omissions of the Company Company, the Guarantors or Holders of Senior Indebtedness......... 95 Section 12.9 Debt................................ 93 SECTION 12.9. Securityholders Authorize Trustee to Effectuate Subordination of Securities.............................. 95 Section 12.10 .......................................................... 94 SECTION 12.10. Right of Trustee to Hold Senior Indebtedness............. 96 Section 12.11 Debt............................................................ 94 SECTION 12.11. Article Twelve XII Not to Prevent Events of Default.......... 96.................................................... 94 SECTION 12.12. No Fiduciary Duty of Trustee to Holders of Senior Debt....................................................................... 95 ARTICLE XIII MISCELLANEOUS

Appears in 1 contract

Samples: Tia Indenture (Wichita Manufacturing Inc)

Section 12. 8 09. Subordination Rights Not Impaired by Acts or Omissions of the Company or Holders of Senior Indebtedness......... 95 .................................51 Section 12.9 12.10. Securityholders Authorize Trustee to To Effectuate Subordination of Securities.............................. 95 ...................................................51 Section 12.10 Right of Trustee to Hold Senior Indebtedness............. 96 Section 12.11 12.11. This Article Twelve Not to Prevent Events of Default.......... 96....................................52 Section 12.12. Trustee's Compensation Not Prejudiced............................................52 Section 12.13. No Waiver of Subordination Provisions............................................52 -iv-

Appears in 1 contract

Samples: Collins & Aikman Products Co

Section 12. 8 8. Subordination Rights Not Impaired by Acts or Omissions of the Company Company, the Guarantors or Holders of Senior Indebtedness......... 95 Section 12.9 Debt...... 89 SECTION 12.9. Securityholders Authorize Trustee to Effectuate Subordination of Securities.............................. 95 Section 12.10 ................................ 89 SECTION 12.10. Right of Trustee to Hold Senior Indebtedness............. 96 Section 12.11 Debt........................ 90 SECTION 12.11. Article Twelve XII Not to Prevent Events of Default.......... 96................ 90 SECTION 12.12. No Fiduciary Duty of Trustee to Holders of Senior Debt............................................. 90 ARTICLE XIII MISCELLANEOUS

Appears in 1 contract

Samples: Doskocil Manufacturing Co Inc

Section 12. 8 8. Subordination Rights Not Impaired by Acts or Omissions of the Company or Holders of Senior Indebtedness......... 95 Section 12.9 ............ 54 SECTION 12.9. Securityholders Authorize Trustee to Effectuate Subordination of Securities.............................. 95 Section 12.10 55 SECTION 12.10. Right of Trustee to Hold Senior Indebtedness............. 96 Section 12.11 55 SECTION 12.11. Article Twelve XII Not to Prevent Events of Default.......... 96............. 55 SECTION 12.12. No Duty of Trustee and Other Agents to Holders of Senior Indebtedness...................................... 55

Appears in 1 contract

Samples: Halter Marine Group Inc

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Section 12. 8 8. Subordination Rights Not Impaired by Acts or Omissions of the Company or Holders of Senior Indebtedness......... 95 Section 12.9 ........... 63 SECTION 12.9. Securityholders Authorize Trustee to Effectuate Subordination of Securities.............................. 95 Section 12.10 Debentures............................... 64 SECTION 12.10. Right of Trustee to Hold Senior Indebtedness............. 96 Section 12.11 ............................. 64 SECTION 12.11. Article Twelve XII Not to Prevent Events of Default.......... 96.................................. 64 SECTION 12.12. No Fiduciary Duty of Trustee to Holders of Senior Indebtedness................... 65 ARTICLE XIII

Appears in 1 contract

Samples: Indenture (Pride Petroleum Services Inc)

Section 12. 8 7 Subordination Rights Not Impaired by Acts or Omissions of the Company or Holders of Senior Indebtedness......... 95 .................................................................................62 Section 12.9 12.8 Securityholders Authorize Trustee to Effectuate Subordination of Securities.............................. 95 ....................62 Section 12.10 12.9 Right of Trustee to Hold Senior Indebtedness............. 96 ...................................................63 Section 12.11 12.10 Article Twelve XII Not to Prevent Events of Default.......... 96...................................................63 Section 12.11 No Duty of Trustee and Other Agents to Holders of Senior Indebtedness..........................63 Section 12.12 Amendments.....................................................................................64 ARTICLE XIII

Appears in 1 contract

Samples: Arris Group Inc

Section 12. 8 8. Subordination Rights Not Impaired by Acts or Omissions of the Company Company, the Guarantors or Holders of Senior Indebtedness......... 95 Section 12.9 Debt 92 SECTION 12.9. Securityholders Authorize Trustee to Effectuate Subordination of Securities.............................. 95 Section 12.10 ............................. 92 SECTION 12.10. Right of Trustee to Hold Senior Indebtedness............. 96 Section 12.11 Debt................... 93 SECTION 12.11. Article Twelve XII Not to Prevent Events of Default.......... 96........... 93

Appears in 1 contract

Samples: Quality Food Centers Inc

Section 12. 8 Subordination Rights Not Impaired by Acts or Omissions of Holdings, the Company Guarantors or Holders of Senior Indebtedness......... 95 Section ............................... 96 SECTION 12.9 Securityholders Authorize Trustee to To Effectuate Subordination of Securities.............................. 95 Section Guarantee........................... 96 SECTION 12.10 Right of Trustee to Hold Senior Indebtedness............. 96 Section 12.11 This Article Twelve Not to To Prevent Events of Default.......... 96................ 97 SECTION 12.11 Trustee's Compensation Not Prejudiced........................ 97 SECTION 12.12 No Waiver of Guarantee Subordination Provisions.............. 97 ARTICLE XIII MISCELLANEOUS................................................ 97

Appears in 1 contract

Samples: Graham Packaging Holdings Co

Section 12. 8 8. Subordination Rights Not Impaired by Acts or Omissions of the Company or Holders of Senior Indebtedness......... 95 Section 12.9 ........................ 54 SECTION 12.9. Securityholders Authorize Trustee to Effectuate Subordination of Securities.............................. 95 Section 12.10 .......................................... 55 SECTION 12.10. Right of Trustee to Hold Senior Indebtedness............. 96 Section 12.11 ......................... 55 SECTION 12.11. Article Twelve XII Not to Prevent Events of Default.......... 96......................... 55 SECTION 12.12. No Duty of Trustee and Other Agents to Holders of Senior Indebtedness......................................................... 56 ARTICLE XIII

Appears in 1 contract

Samples: May & Speh Inc

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