Guaranty Subordinate to Guarantor Senior Indebtedness. The Guaranty shall, to the extent and in the manner set forth in this Article Thirteen, be subordinated in right of payment to the prior payment in full of all Guarantor Senior Indebtedness whether outstanding on the date hereof or hereafter created, incurred, assumed or guaranteed.
Appears in 7 contracts
Samples: Newmont (Newmont Usa LTD), Article Nine Satisfaction And (Newmont Mining Corp /De/), Royal Ahold