Common use of Continuing Subordination Clause in Contracts

Continuing Subordination. The subordination provisions in this Deed constitute a continuing subordination and benefit the ultimate balance of the Senior Debt regardless of any intermediate payment or discharge of the Senior Debt in whole or in part.

Appears in 5 contracts

Samples: Agreement (System Energy Resources Inc), Agreement (Entergy London Capital Lp), Agreement (Azurix Corp)

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Continuing Subordination. The subordination provisions in this Deed constitute a continuing subordination and will benefit the ultimate balance of all of the Senior Debt Debt, regardless of any intermediate payment or discharge of the Senior Debt in whole or in part.

Appears in 2 contracts

Samples: Agreement (Waterford Wedgwood PLC), Intercreditor and Security Trust Agreement (Waterford Wedgwood PLC)

Continuing Subordination. The subordination provisions in this Deed constitute a continuing subordination and benefit to the ultimate balance of the Senior Debt Indebtedness, regardless of any intermediate payment or discharge of the any such Senior Debt Indebtedness in whole or in part.

Appears in 2 contracts

Samples: Deed (Hertz Global Holdings Inc), Hertz Corp

Continuing Subordination. The subordination provisions in this Deed constitute a continuing subordination and benefit to the ultimate balance of the Senior Debt Debt, regardless of any intermediate payment or discharge of the Senior Debt Debt, in whole or in part.

Appears in 1 contract

Samples: Legrand Holding Sa

Continuing Subordination. The subordination provisions in this Deed constitute constitutes a continuing subordination and will benefit the ultimate balance of all of the Senior Debt Debt, regardless of any intermediate payment or discharge of the Senior Debt in whole or in part.

Appears in 1 contract

Samples: Entire Agreement (Las Vegas Sands Corp)

Continuing Subordination. The subordination provisions in this Deed constitute a continuing subordination and benefit the ultimate balance of the Senior Debt Liabilities and the Subordinated Obligations regardless of any intermediate payment or discharge of the Senior Debt Liabilities or Subordinated Obligations (as the case may be) in whole or in part.

Appears in 1 contract

Samples: Randgold Resources LTD

Continuing Subordination. The subordination provisions in this Deed constitute a continuing subordination arrangements and benefit the ultimate balance of the Senior Debt Debt, regardless of any intermediate payment or discharge of the Senior Debt in whole or in part.

Appears in 1 contract

Samples: Net 1 Ueps Technologies Inc

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Continuing Subordination. The subordination provisions in this Deed constitute a continuing subordination and benefit to the ultimate balance of the Senior Debt regardless of any intermediate payment or discharge of the Senior Debt, the Bridge Debt or the High Yield Debt in whole or in part.

Appears in 1 contract

Samples: Intercompany Loan Agreement (Lucite International Finance PLC)

Continuing Subordination. The subordination provisions in this Deed constitute a continuing subordination and benefit the ultimate balance of the Senior Debt Secured Liabilities regardless of any intermediate payment or discharge of the Senior Debt Secured Liabilities in whole or in part.

Appears in 1 contract

Samples: Ormat Equity Support Deed (Ormat Technologies, Inc.)

Continuing Subordination. The subordination provisions in this Deed constitute a continuing subordination and will benefit the ultimate balance of all of the Senior Debt, the Subordinated Debt and the New CTA Debt, regardless of any intermediate payment or discharge of the Senior Debt in whole or in part.

Appears in 1 contract

Samples: Eggborough Power (British Energy Group PLC)

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