Common use of Affiliate Subordination Agreements Clause in Contracts

Affiliate Subordination Agreements. The Companies shall, simultaneously with the creation of any and all future Debt of any Company to any one or more Affiliates, cause the appropriate Affiliate or Affiliates to execute and deliver to Administrative Agent an agreement, substantially in the form of EXHIBIT H, subordinating the payment of such Debt to the payment of the Obligation.

Appears in 2 contracts

Samples: Credit Agreement (Dobson Communications Corp), Credit Agreement (Dobson Sygnet Communications Co)

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Affiliate Subordination Agreements. The Companies and Guarantors shall, simultaneously with the creation of any and all future Debt of any Company or any Guarantor to any one or more Affiliates, cause the appropriate Affiliate or Affiliates to execute and deliver to Administrative Agent an agreement, substantially in the form of EXHIBIT H, subordinating the payment of such Debt to the payment of the Obligation.

Appears in 2 contracts

Samples: 364 Day Revolving Credit and Term Loan Agreement (Dobson Communications Corp), Revolving Credit Agreement (Dobson Communications Corp)

Affiliate Subordination Agreements. The Companies shall, simultaneously with the creation of any and all future Debt of any Company Loan Party to any one or more Affiliates, cause the appropriate Affiliate or Affiliates to execute and deliver to Administrative Agent an agreement, substantially in the form of EXHIBIT H, subordinating the payment of such Debt to the payment of the Obligation.

Appears in 1 contract

Samples: Revolving Credit Agreement (Logix Communications Enterprises Inc)

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Affiliate Subordination Agreements. The Companies shall, simultaneously with the creation of any and all future Debt of any Company to any one or more AffiliatesAffiliates (other than a Loan Party), cause the appropriate Affiliate or Affiliates to execute and deliver to Administrative Agent an agreement, substantially in the form of EXHIBIT H, subordinating the payment of such Debt to the payment of the Obligation.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Coorstek Inc)

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