Example ContractsClausesconversion of senior debtVariants
Remove:

Classification as Senior Debt. The Obligations shall cease to be classified as “Senior Indebtedness,” “Designated Senior Indebtedness” or any similar designation under any instrument or other agreement or document governing the subordination terms of any Junior Debt.

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Classification as

Designation of Senior Debt. TheIndebtedness. All Obligations shall cease to be classifiedare designated as “Senior Indebtedness,” “DesignatedIndebtedness” under, and defined in, the Senior Indebtedness” or any similar designation under any instrument or other agreement or document governing the subordination terms of any Junior Debt.Note Indenture, and all supplemental indentures thereto.

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