Common use of Obligation of Company Unconditional Clause in Contracts

Obligation of Company Unconditional. Nothing contained herein or in the Senior Loan Documents is intended to or shall impair, as between either Company and the Subordinated Lender only, the obligation of the Companies, which is absolute and unconditional, to pay to the Subordinated Lender the Subordinated Indebtedness as and when the same shall become due and payable in accordance with their terms, or to affect the relative rights of the Subordinated Lender and creditors of the Companies other than the Senior Lenders.

Obligation of Company Unconditional. Nothing contained herein or in the Senior Loan Documents is intended to or shall impair, as between either the Company and the Subordinated Lender Lenders only, the obligation of the CompaniesCompany, which is absolute and unconditional, to pay to the Subordinated Lender the Subordinated Indebtedness as and when the same shall become due and payable in accordance with their terms, or to affect the relative rights of the Subordinated Lender and creditors of the Companies Company other than the Senior LendersLender.

Obligation of Company Unconditional. Nothing contained herein or in in, the Senior Loan Loan. Documents is intended to or shall impair, as between either the Company and the Subordinated Lender Claimants only, the obligation of the CompaniesCompany, which is absolute and unconditional, to pay to the Subordinated Lender Claimants the Subordinated Indebtedness Claims as and when the same shall become due and payable in accordance with their terms, or to affect the relative rights of the Subordinated Lender Claimants and creditors of the Companies Company other than the Senior Senior. Lenders.

Obligation of Company Unconditional. Nothing contained herein or in the Senior Loan Documents is intended to or shall impair, as between either the Company and the Subordinated Lender only, the obligation of the CompaniesCompany, which is absolute and unconditional, to pay to the Subordinated Lender the Subordinated Indebtedness as and when the same shall become due and payable in accordance with their terms, or to affect the relative rights of the Subordinated Lender and creditors of the Companies Company other than the Senior Lenders.

Obligation of Company Unconditional. Nothing contained herein or in the Senior Loan Documents is intended to or shall impair, as between either Company the Borrowers and the Subordinated Lender onlyLenders, the obligation of the CompaniesBorrowers, which is absolute and unconditional, to pay to the Subordinated Lender Lenders the Subordinated Indebtedness as and when the same shall become due and payable in accordance with their its terms, or to affect the relative rights of the Subordinated Lender Lenders and creditors of the Companies any Borrower other than the Senior Lenders.