Common use of Intercompany Subordination Agreement Clause in Contracts

Intercompany Subordination Agreement. A. By execution of this Joinder and Consent Agreement, New Loan Party will become a party to the Intercompany Subordination Agreement, and New Loan Party will be deemed to be a “Subordinating Creditor” for all purposes under the Intercompany Subordination Agreement as of the Effective Date.

Appears in 3 contracts

Samples: Credit Agreement, Joinder and Consent Agreement (Monotype Imaging Holdings Inc.), Joinder and Consent Agreement (Monotype Imaging Holdings Inc.)

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Intercompany Subordination Agreement. A. (a) By execution of this Joinder and Consent Agreement, New Loan Party will become a party to the Intercompany Subordination Agreement, and New Loan Party will be deemed to be a “Subordinating Creditor” for all purposes under the Intercompany Subordination Agreement as of the Effective Date.

Appears in 2 contracts

Samples: Security Agreement, Security Agreement, Guaranty and Intercompany (Monotype Imaging Holdings Inc.)

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