Other Creditors. Nothing contained in this Agreement is intended to or shall impair, as between and among the Borrower Companies, their creditors (other than their Senior Creditors) and the Subordinated Creditors, the obligations of each Borrower Company to pay to the applicable Subordinated Creditors of such Borrower Company the Subordinated Obligations of such Borrower Company as and when the same shall become due and payable in accordance with the terms thereof, or affect the relative rights of the Subordinated Creditors and the other creditors of the Borrower Company (other than their Senior Creditors).
Appears in 3 contracts
Sources: Subordination Agreement (Leap Wireless International Inc), Credit Agreement (Leap Wireless International Inc), Common Agreement (Velocom Inc)