Examples of Subordinated Agreements in a sentence
Each Subordinating Creditor hereby acknowledges and agrees that the Subordinated Debt and all obligations arising under or in connection with the Subordinated Agreements are and shall remain unsecured at all times while this Agreement is in effect.
Notwithstanding clauses 2 and 3, nothing contained in this Deed is intended to or shall impair, as between the members of the Restricted Group and the Subordinated Creditor, the obligations of the members of the Restricted Group under the Subordinated Agreements, including the obligation to pay to the Subordinated Creditor all of the Subordinated Liabilities.
If any Subordinating Creditor, in contravention of the terms of this Agreement, shall attempt to collect any of the Subordinated Debt or enforce any of the Subordinated Agreements in respect of the Subordinated Debt, then the Agent, any Lender or the Borrower may, by virtue of this Agreement, restrain the enforcement thereof in the name of the Agent or such Lender or in the name of the Borrower.
In the event of any conflict between the provisions of the Agreement and the provisions of any of the Loan Documents, the Senior Subordinated Notes, the Indenture, the Subordinated Guaranties, or any of the Subordinated Agreements, the provisions of this Agreement shall control.
Collectively, the Subordinated Agreements, any promissory notes or other instruments and documents executed in connection therewith and any and all guaranties and security interest, mortgages and other liens directly or indirectly guarantying or securing any indebtedness of the Borrower to the Subordinating Creditors under any of the foregoing, whether now existing or hereafter created.