Agreements in Respect of Affiliate Subordinated Debt. The Subordinated Creditor will not sell, assign, pledge, encumber or otherwise dispose of any of the Affiliate Subordinated Debt unless such sale, assignment, pledge, encumbrance or disposition (i) is to a person or entity other than the Borrower and (ii) is made expressly subject to this Agreement.
Appears in 8 contracts
Samples: 364 Day Credit Agreement (Mirant Corp), Credit Agreement (Mirant Corp), Credit Agreement (Southern Power Co)
Agreements in Respect of Affiliate Subordinated Debt. The Subordinated Creditor will not sell, assign, pledge, encumber or otherwise dispose of any of the Affiliate Subordinated Debt unless such sale, assignment, pledge, encumbrance or disposition (i) is to a person or entity an Affiliate of the Borrower other than a Subsidiary of the Borrower and (ii) is made expressly subject to this Agreement.
Appears in 1 contract
Samples: Credit Agreement (Southern Power Co)
