Subordination and Assignment Deed definition
Subordination and Assignment Deed means to the extent (a) the Shareholder makes any loan or other financial accommodation to the Borrower, or (b) any Sponsor Affiliate (other than a member of the Group) becomes a creditor (by providing any loan or other financial accommodation, by subrogation or otherwise) of the Shareholder or any member of the Group, a subordination and assignment deed entered into between the Subordinated Creditor or such Sponsor Affiliate as subordinated creditor, the relevant member of the Group as subordinated debtor and the Security Agent as security agent;