Common use of Subordinate Indebtedness Clause in Contracts

Subordinate Indebtedness. Subordinate any indebtedness due to it from any Person to indebtedness of other creditors of such Person; provided, however, Parent or MTSI may subordinate any such indebtedness due to either of them to indebtedness of other creditors of such Person if the aggregate unpaid principal balance of the total indebtedness being subordinated (as to both Parent and MTSI, combined) does not exceed $150,000.