Common use of Subordinated Notes Clause in Contracts

Subordinated Notes. Each of the Subordinated Notes are owned directly by an Originator, free and clear of any Adverse Claim.

Appears in 5 contracts

Samples: Receivables Purchase Agreement (Nabors Industries LTD), Receivables Purchase Agreement (Nabors Industries LTD), Receivables Purchase Agreement (Nabors Industries LTD)

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Subordinated Notes. Each of the Subordinated Notes are Note is owned directly by an Originator, free and clear of any Adverse ClaimClaim (other than Permitted Adverse Claims).

Appears in 1 contract

Samples: Purchase and Sale Agreement (Oncor Electric Delivery Co LLC)

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Subordinated Notes. Each of the Subordinated Notes are is owned directly by an the applicable Originator, free and clear of any Adverse Claim.

Appears in 1 contract

Samples: Receivables Purchase Agreement (StarTek, Inc.)

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