Common use of Indebtedness of a Borrower Clause in Contracts

Indebtedness of a Borrower. or any Subsidiary of a Borrower owing to a Subsidiary of a Borrower that is not a Subsidiary Borrower or a Subsidiary Guarantor; provided that such Indebtedness (other than Indebtedness of a Borrower owing to RCFC in respect of amounts advanced by RCFC to a Borrower) constitutes Subordinated Intercompany Debt;

Appears in 3 contracts

Samples: Amendment Agreement (Dollar Thrifty Automotive Group Inc), Credit Agreement (Dollar Thrifty Automotive Group Inc), Credit Agreement (Dollar Thrifty Automotive Group Inc)

AutoNDA by SimpleDocs

Indebtedness of a Borrower. or any Subsidiary of a Borrower owing to a Subsidiary of a Borrower that is not a Subsidiary Borrower or a Subsidiary Guarantor; provided that such Indebtedness (other than Indebtedness of a Subsidiary Borrower owing to RCFC in respect of amounts advanced by RCFC to a Subsidiary Borrower) constitutes Subordinated Intercompany Debt;

Appears in 1 contract

Samples: Credit Agreement (Dollar Thrifty Automotive Group Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!