Subordination May Not Be Impaired by Subsidiary Guarantor. No right of any holder of Senior Indebtedness of any Subsidiary Guarantor to enforce the subordination of the Obligation of such Subsidiary Guarantor shall be impaired by any act or failure to act by such Subsidiary Guarantor or by its failure to comply with the Indenture.
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Subordination May Not Be Impaired by Subsidiary Guarantor. No right of any holder of Senior Indebtedness of any Subsidiary Guarantor to enforce the subordination of the Obligation Guaranteed Obligations of such Subsidiary Guarantor shall be impaired by any act or failure to act by such Subsidiary Guarantor or by its failure to comply with the this Indenture.
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Sources: Indenture (Denbury Resources Inc)
Subordination May Not Be Impaired by Subsidiary Guarantor. No right of any holder of Senior Priority Indebtedness of any Subsidiary Guarantor to enforce the subordination of the Obligation of such Subsidiary Guarantor Obligations shall be impaired by any act or failure to act by such a Subsidiary Guarantor or by its failure to comply with the this Indenture.
Appears in 1 contract
Sources: Indenture (McClatchy Co)