Common use of Subsidiary of the Company Clause in Contracts

Subsidiary of the Company. The Credit Parties may make loans and advances to other Credit Parties upon the terms and conditions thereto contained in the Credit Agreement, including, without limitation, the subordination of such obligations to the obligations of the Credit Parties under the Loan Documents. The obligations of the Lenders to make Loans are conditioned on, among other things, the execution and delivery by each Credit Party of a Subordination Agreement in the form hereof.

Appears in 5 contracts

Samples: Subordination Agreement (Drew Industries Inc), Subordination Agreement (Drew Industries Inc), Subordination Agreement (Drew Industries Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.