Common use of Existing Indenture Clause in Contracts

Existing Indenture. No Event of Default (as defined in the Existing Indenture) or Default (as defined in the Existing Indenture) exists, nor will any such Event of Default or Default exist immediately after any Credit Extension, under the Existing Indenture, the Existing Senior Subordinated Notes or any agreement executed by the Company or any other Domestic Loan Party in connection therewith; and (b) all of the Secured Obligations constitute both Senior Debt (as defined in the Existing Indenture) and Designated Senior Debt (as defined in the Existing Indenture).