Common use of Affiliate Subordination Agreements Clause in Contracts

Affiliate Subordination Agreements. The Companies shall, simultaneously with the incurrence of any and all future Debt of any Company owed to any one or more Affiliates, cause the appropriate Affiliate or Affiliates to execute and deliver to Administrative Agent an Affiliate Subordination Agreement, subordinating the payment of such Debt to the payment of the Obligation.

Appears in 1 contract

Samples: Pledge Agreement (Adelphia Communications Corp)

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Affiliate Subordination Agreements. The Companies shall, simultaneously with the incurrence creation of any and all future Debt of any Company owed 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 Affiliate Subordination Agreementagreement, 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 (Acx Technologies Inc)

Affiliate Subordination Agreements. The Companies Each Company shall, simultaneously with the incurrence of any and all future Debt of any such Company (other than Debt arising under the Management Agreement, if any) owed to any one or more AffiliatesAffiliates (other than another Company), cause the appropriate Affiliate or Affiliates to execute and deliver to Administrative Agent an Affiliate Subordination Agreement, subordinating the payment of such Debt to the payment of the Obligation.

Appears in 1 contract

Samples: Credit Agreement (Dobson Communications Corp)

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Affiliate Subordination Agreements. The Companies shall, simultaneously with the incurrence of any and all future Debt of any Company owed to any one or more Affiliates, cause the appropriate Affiliate or Affiliates to execute and deliver to the Administrative Agent an Affiliate Subordination Agreement, subordinating the payment of such Debt to the payment of the Obligation.

Appears in 1 contract

Samples: Credit Agreement (Adelphia Communications Corp)

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