Subsidiary Payment. The amount of contribution payable under this Agreement by any Contributor shall be reduced by the amount of any contribution paid hereunder by a Subsidiary of such Contributor.
Appears in 3 contracts
Samples: Agreement (Dove Entertainment Inc), Guaranty Agreement (Newstar Media Inc), Contribution Agreement (Dove Entertainment Inc)
Subsidiary Payment. The amount of contribution Contribution payable under this Agreement by any Contributor shall be reduced by the amount of any contribution paid hereunder by a Subsidiary of such Contributor.
Appears in 2 contracts
Samples: Guaranty and Pledge Agreement (Guilford Mills Inc), Security and Pledge Agreement (Guilford Mills Inc)
Subsidiary Payment. The amount of contribution payable under this Agreement by any Contributor Obligor shall be reduced by the amount of any contribution paid hereunder by a Subsidiary of such ContributorObligor.
Appears in 2 contracts
Samples: Loan Agreement (Invacare Corp), Guaranty Agreement (Invacare Corp)
Subsidiary Payment. The amount of contribution payable under this Agreement by any Contributor shall be reduced by the amount of any contribution paid hereunder by a Subsidiary guarantor of such Contributor.
Appears in 1 contract
Samples: Pledge Agreement (Actava Group Inc)