Common use of Subordination May Not Be Impaired by Guarantor Clause in Contracts

Subordination May Not Be Impaired by Guarantor. No right of any holder of Senior Debt of any Guarantor to enforce the subordination of the Guarantee of such Guarantor shall be impaired by any act or failure to act by such Guarantor or by its failure to comply with this Indenture.

Appears in 5 contracts

Sources: Indenture (Jarden Corp), Indenture (Jarden Corp), Indenture (Jarden Corp)

Subordination May Not Be Impaired by Guarantor. No right of any holder of Senior Debt of any Guarantor to enforce the subordination of the this Indenture Guarantee of such Guarantor shall be impaired by any act or failure to act by such the Guarantor or by its failure to comply with this Second Supplemental Indenture.

Appears in 2 contracts

Sources: Second Supplemental Indenture (Revlon Inc /De/), Second Supplemental Indenture (Revlon Inc /De/)

Subordination May Not Be Impaired by Guarantor. No right of any holder of Guarantor Senior Debt of any Guarantor Indebtedness to enforce the subordination of the Indebtedness evidenced by this Guarantee of such Guarantor shall be impaired by any act or failure to act by such 120 7 the Guarantor or by its the failure of any of them to comply with this Guarantee or the Indenture.

Appears in 2 contracts

Sources: Indenture (Nebraska Book Co), Indenture (NBC Acquisition Corp)

Subordination May Not Be Impaired by Guarantor. No right of any holder of Guarantor Senior Debt of any Guarantor Indebtedness to enforce the subordination of the obligations under any Guarantee of such Guarantor evidenced by the Securities shall be impaired by any act or failure to act by such any Guarantor or by its the failure of any Guarantor to comply with this Indenture.

Appears in 1 contract

Sources: Indenture (Lin Television Corp)

Subordination May Not Be Impaired by Guarantor. No right of any holder of Senior Debt Indebtedness of any Guarantor to enforce the subordination of the Guarantee obligations of such Guarantor shall be impaired by any act or failure to act by such Guarantor or by its failure to comply with this Indenture.

Appears in 1 contract

Sources: Indenture (Phoenix Md Realty LLC)

Subordination May Not Be Impaired by Guarantor. No right of any holder of Guarantor Senior Debt of any Guarantor Indebtedness to enforce the subordination of the Guarantee of such Guarantor obligations evidenced by the Guarantees shall be impaired by any act or failure to act by such any Guarantor or by its failure to comply with this Indenture.

Appears in 1 contract

Sources: Indenture (ONEOK Partners LP)

Subordination May Not Be Impaired by Guarantor. No right of any holder of Senior Debt of any Guarantor to enforce the subordination of the this Indenture Guarantee of such Guarantor shall be impaired by any act or failure to act by such the Guarantor or by its failure to comply with this First Supplemental Indenture.

Appears in 1 contract

Sources: First Supplemental Indenture (Revlon Inc /De/)

Subordination May Not Be Impaired by Guarantor. No right of any holder of Senior Debt of any Guarantor to enforce the subordination of the Guarantee of such Guarantor shall be impaired by any act or failure to act by such Guarantor or any Holder or by its failure to comply with this Indenture.

Appears in 1 contract

Sources: First Supplemental Indenture (Central Garden & Pet Co)

Subordination May Not Be Impaired by Guarantor. No right of any holder of Senior Debt Indebtedness of any the Guarantor to enforce the subordination of the Guarantee obligations of such the Guarantor hereunder shall be impaired by any act or failure to act by such the Guarantor or by its failure to comply with this Guaranty Agreement or the Indenture.. 138 9

Appears in 1 contract

Sources: Indenture (Denbury Management Inc)

Subordination May Not Be Impaired by Guarantor. No right of any holder of Guarantor Senior Debt of any Guarantor Indebtedness to enforce the subordination of the obligations under any Affiliate Guarantee of such Guarantor evidenced by the Securities shall be impaired by any act or failure to act by such any Guarantor or by its the failure of any Guarantor to comply with this Indenture.

Appears in 1 contract

Sources: Indenture (Lin Television Corp)

Subordination May Not Be Impaired by Guarantor. No right of any present or future holder of Senior Debt of any the Guarantor to enforce the subordination of the Guarantee of such Guarantor Debt evidenced hereby shall be impaired by any act or failure to act by such on the part of the Guarantor or by its any act or failure to comply act in good faith by any such holder, or by any non-compliance by the Guarantor with the terms, provisions and covenants of this Indenture, regardless of any knowledge thereof any such holder may have or be otherwise charged with.

Appears in 1 contract

Sources: Indenture (American Standard Companies Inc)

Subordination May Not Be Impaired by Guarantor. No right of any holder of Senior Debt of any Guarantor to enforce the subordination of the Note Guarantee of such Guarantor shall be impaired by any act or failure to act by such Guarantor or any Holder or by its the failure of such Guarantor or any Holder to comply with this the Indenture.

Appears in 1 contract

Sources: First Supplemental Indenture (Cardtronics Inc)