Common use of Subordination of Subrogation and Other Rights Clause in Contracts

Subordination of Subrogation and Other Rights. Each Subsidiary Guarantor hereby agrees that any claim against the Company that arises from the payment, performance or enforcement of such Subsidiary Guarantor's obligations under the Subsidiary Guarantee or this Indenture, including, without limitation, any right of subrogation, shall be subject and subordinate to, and no payment with respect to any such claim of such Subsidiary Guarantor shall be made before, the payment in full in cash of all outstanding Notes in accordance with the provisions provided therefor in this Indenture.

Appears in 1 contract

Samples: Clearview Cinema Group Inc

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Subordination of Subrogation and Other Rights. Each Subsidiary Guarantor hereby agrees that any claim against the Company that arises from the payment, performance or enforcement of such Subsidiary Guarantor's ’s obligations under the its Subsidiary Guarantee or this Indenture, including, without limitation, any right of subrogation, shall be subject and subordinate to, and no payment with respect to any such claim of such Subsidiary Guarantor shall be made before, the payment in full in cash of all outstanding Notes Securities in accordance with the provisions provided therefor in this Indenture.

Appears in 1 contract

Samples: Indenture (Carrols Corp)

Subordination of Subrogation and Other Rights. Each Subsidiary Guarantor hereby agrees that any claim against the Company that arises from the payment, performance or enforcement of such Subsidiary Guarantor's obligations under the its Subsidiary Guarantee or this Indenture, including, without limitation, any right of subrogation, shall be subject and subordinate to, and no payment with respect to any such claim of such Subsidiary Guarantor shall be made before, the payment in full in cash of all outstanding Notes Securities in accordance with the provisions provided therefor in this Indenture.. ARTICLE TWELVE

Appears in 1 contract

Samples: Frontiervision Capital Corp

Subordination of Subrogation and Other Rights. Each Subsidiary Guarantor hereby agrees that any claim against the Company that arises from the payment, performance or enforcement of such Subsidiary Guarantor's obligations under the its Subsidiary Guarantee or this IndentureIn- denture, including, without limitation, any right of subrogation, shall be subject and subordinate to, and no payment with respect to any such claim of such Subsidiary Guarantor shall be made before, the payment in full in cash of all outstanding Notes Securities in accordance with the provisions provided therefor in this Indenture.

Appears in 1 contract

Samples: Metris Direct Inc

Subordination of Subrogation and Other Rights. Each Subsidiary Guarantor hereby agrees that any claim against the Company that arises from the payment, performance or enforcement of such Subsidiary Guarantor's obligations under the Subsidiary Guarantee its Guaranty or this Indenture, including, without limitation, any right of subrogation, shall be subject and subordinate to, and no payment with respect to any such claim of such Subsidiary Guarantor shall be made before, the payment in full in cash of all outstanding Notes Securities in accordance with the provisions provided therefor in this Indenture.. ARTICLE TWELVE

Appears in 1 contract

Samples: Indenture (Gentek Inc)

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Subordination of Subrogation and Other Rights. Each Subsidiary Guarantor hereby agrees that any claim against the Company that arises from the payment, performance or enforcement of such Subsidiary Guarantor's obligations under the its Subsidiary Guarantee or this Indenture, including, without limitation, any right of subrogation, shall be subject and subordinate to, and no payment with respect to any such claim of such Subsidiary Guarantor shall be made before, the payment in full in cash of all outstanding Notes in accordance with the provisions provided therefor in this Indenture.

Appears in 1 contract

Samples: Prime Foods Development Corp

Subordination of Subrogation and Other Rights. Each Subsidiary Guarantor hereby agrees that any claim against the Company Issuers that arises from the payment, performance or enforcement of such Subsidiary Guarantor's obligations under the its Subsidiary Guarantee or this Indenture, including, without limitation, any right of subrogation, shall be subject and subordinate to, and no payment with respect to any such claim of such Subsidiary Guarantor shall be made before, the payment in full in cash of all outstanding Notes Securities in accordance with the provisions provided therefor in this Indenture.. ARTICLE TWELVE [INTENTIONALLY OMITTED]

Appears in 1 contract

Samples: Frontiervision Holdings Capital Ii Corp

Subordination of Subrogation and Other Rights. Each Subsidiary Guarantor hereby agrees that any claim against the Company Issuer that arises from the payment, performance or enforcement of such Subsidiary Guarantor's obligations under the its Subsidiary Guarantee or this Indenture, including, without limitation, any right of subrogation, shall be subject and subordinate to, and no payment with respect to any such claim of such Subsidiary Guarantor shall be made before, the payment in full in cash of all outstanding Notes Securities in accordance with the provisions provided therefor in this Indenture.. ARTICLE TWELVE

Appears in 1 contract

Samples: Black Creek Management LLC

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