Maker. for itself, its successors and assigns, covenants and agrees, and Noteholder covenants and agrees, that the indebtedness evidenced by the Notes shall be subordinate and subject in right of payment, to the prior payment in full of all Senior Indebtedness of Maker except as explicitly provided in Section 8.5.
Appears in 2 contracts
Sources: Subordination Agreement (Ampco Pittsburgh Corp), Subordination Note (Ampco Pittsburgh Corp)