Common use of Continuing Subordination Clause in Contracts

Continuing Subordination. The subordination provisions in this Deed shall remain in full force and effect by way of continuing subordination and shall not be affected in any way by any intermediate payment or discharge in whole or in part of the Secured Liabilities.

Appears in 9 contracts

Samples: Loan Agreement (Kosmos Energy Ltd.), Loan Agreement (Kosmos Energy Ltd.), Loan Agreement (Kosmos Energy Ltd.)

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Continuing Subordination. The subordination provisions in this Deed shall remain in full force and effect by way of continuing subordination and shall not be affected in any way by any intermediate payment or discharge in whole or in part of the Secured Project Finance Liabilities.

Appears in 1 contract

Samples: Deed of Guarantee and Indemnity (Kosmos Energy Ltd.)

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Continuing Subordination. The subordination provisions in this Deed shall remain in full force and effect by way of continuing subordination and shall not be affected in any way by any intermediate payment or discharge in whole or in part of the Secured LiabilitiesObligations.

Appears in 1 contract

Samples: Facility Agreement (Vaalco Energy Inc /De/)

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