SUBORDINATION DEEDS definition
SUBORDINATION DEEDS means collectively each of the subordination deeds or similar security documents in agreed form under which the Borrower and EAN and each of their respective Material Subsidiaries, inter alia, subordinates its rights in respect of loans or advances made or to be made by it to members of the Borrower Group or as the case may be, the EAN Group and, as appropriate, its obligations in respect of loans or advances made or to be made to it by members of the Borrower's Group, in each case, to the Indebtedness constituted by this Agreement in form and substance satisfactory to the Finance Parties.
SUBORDINATION DEEDS means (a) the Intercompany Loan Subordination Deed and the Target/Newco 2 Subordination Deed and (b) the HMTF Poultry/Newco2 Subordination Deed and any other subordination deeds from time to time entered into in favour of the Security Trustee in respect of Subordinated Shareholder Loans;