Instrument Legend and Notation. Any instrument at any time evidencing the Junior Debt, or any portion thereof, shall be permanently marked on its face with a legend conspicuously indicating that payment thereof is subordinate in right of payment to the Senior Debt and subject to the terms and conditions of this Subordination Agreement, and (i) after being so marked certified copies thereof shall be delivered to Senior Creditor Agent and (ii) the original of any such instrument shall be immediately delivered to Senior Creditor Agent upon Senior Creditor Agent’s request, at any time on or after the occurrence of a Senior Creditor Default. In the event any legend or endorsement is omitted, Senior Creditor Agent or any of its officers or employees, are hereby irrevocably authorized on behalf of Junior Creditor to make the same. No specific legend, further assignment or endorsement or delivery of notes, guarantees or instruments shall be necessary to subject any Junior Debt to the subordination thereof contained in this Subordination Agreement.
Instrument Legend and Notation. Any instrument at any time evidencing the Junior Debt, or any portion thereof, shall be permanently marked on its face with a legend conspicuously indicating that payment thereof is subordinate in right of payment to the Senior Debt and subject to the terms and conditions of this Agreement, and after being so marked certified copies thereof shall be delivered to Agents. In the event any legend or endorsement is omitted, Agents, or any of their officers or employees, are hereby irrevocably authorized on behalf of Junior Creditor to make the same. No specific legend, further assignment or endorsement or delivery of notes, guarantees or instruments shall be necessary to subject any Junior Debt to the subordination thereof contained in this Agreement.
Instrument Legend and Notation. Any instrument at any time evidencing the Noteholder Debt, or any portion thereof, shall be permanently marked on its face with a legend conspicuously indicating that payment thereof is subordinate in right of payment to the Senior Debt in accordance with and otherwise subject to the terms and conditions of this Intercreditor Agreement, and (a) after being so marked, upon the request of Senior Creditor Agent, copies thereof shall be delivered to Senior Creditor Agent and (b) the original of any such instrument shall be immediately delivered to Senior Creditor Agent upon Senior Creditor Agent's request, at any time on or after the occurrence of an event of default under the Senior Creditor Agreements. In the event any legend or endorsement is omitted, Senior Creditor Agent or any of its officers or employees, are hereby irrevocably authorized on behalf of each Noteholder Creditor to make the same. No specific legend, further assignment or endorsement or delivery of notes, guarantees or instruments shall be necessary to subject any Noteholder Debt to the subordination thereof contained in this Intercreditor Agreement.
Instrument Legend and Notation. Any instrument at any time evidencing the Loans, or any portion thereof, shall be permanently marked on its face with a legend conspicuously indicating that payment thereof is subordinate in right of payment to the Senior Debt Guaranty Obligations and the Existing Senior Debt and subject to the terms and conditions of this Article VIII, and after being so marked certified copies thereof shall be delivered to the Agents. No specific legend, further assignment or endorsement or delivery of notes, guarantees or instruments shall be necessary to subject the Loans to the subordination thereof contained in this Article VIII.
Instrument Legend and Notation. Any instrument at any time evidencing the Junior Debt, or any portion thereof, shall be permanently marked on its face with a legend conspicuously indicating that payment thereof is subordinate in right of payment to the Senior Debt and subject to the terms and conditions of this Agreement, and (a) after being so marked certified copies thereof shall be delivered to Agent and (b) the original of any such instrument shall be immediately delivered to Agent upon Agent's request, at any time on or after the occurrence of an event of default under the Senior Creditor Agreements. In the event any legend or endorsement is omitted, Agent, or any of its officers or employees, are hereby irrevocably authorized on behalf of Junior Creditors to make the same. No specific legend, further assignment or endorsement or delivery of notes, guarantees or instruments shall be necessary to subject any Junior Debt to the subordination thereof contained in this Agreement.
Instrument Legend and Notation. Any instrument at any time evidencing the Junior Debt, or any portion thereof, shall be permanently marked on its face with a legend conspicuously indicating that payment thereof is subject to the terms and conditions of this Intercreditor Agreement. In the event any legend or endorsement is omitted, Senior Creditor Agent or any of its officers or employees, are hereby irrevocably authorized on behalf of Junior Creditor to make the same. No specific legend, further assignment or endorsement or delivery of notes, guarantees or instruments shall be necessary to subject any Junior Debt to the terms and conditions of this Intercreditor Agreement.
Instrument Legend and Notation. (a) Each of the Notes and any other instruments at any time evidencing any Junior Debt, or any portion thereof, shall be permanently marked on its face with a legend conspicuously indicating that payment thereof is subordinated in right of payment to the Senior Debt and is subject to the terms and conditions of this Subordination Agreement; and after being so marked certified copies thereof shall be delivered to Senior Creditor.
Instrument Legend and Notation. Any instrument at any time evidencing the Cleveland Debt, the Ford Debt, or any portion thereof, shall be permanently marked on its face with a legend conspicuously indicating that payment thereof is subordinate in right of payment to subject to the terms and conditions of this Intercreditor Agreement, and after being so marked certified copies thereof shall be delivered to Revolving Loan Agent. In the event any legend or endorsement is omitted, Revolving Loan Agent or any of its officers or employees, are hereby irrevocably authorized on behalf of the Junior Creditors to make the same. No specific legend, further assignment or endorsement or delivery of notes, guarantees or instruments shall be necessary to subject any of the Cleveland Debt, or, the Ford Debt to the subordination thereof contained in this Agreement.
Instrument Legend and Notation. Any instrument at any time evidencing the Term Loan Subordinated Debt, or any portion thereof, shall be permanently marked on its face with a legend conspicuously indicating that payment thereof is subordinate in right of payment to the Revolving Loan Debt and subject to the terms and conditions of this Intercreditor Agreement, and (A) after being so marked certified copies thereof shall be delivered to Revolving Loan Agent and (B) the original of any such instrument shall be immediately delivered to Revolving Loan Agent upon Revolving Loan Agent's request, at any time on or after the occurrence of an event of default under the Revolving Loan Agreements. In the event any legend or endorsement is omitted, Revolving Loan Agent or any of its officers or employees, are hereby irrevocably authorized on behalf of Term Loan Lenders to make the same. No specific legend, further assignment or endorsement or delivery of notes, guarantees or instruments shall be necessary to subject any Term Loan Subordinated Debt to the subordination thereof contained in this Agreement.
Instrument Legend and Notation. Any instrument at any time evidencing the Junior Debt, or any portion thereof, shall be permanently marked on its face with a legend conspicuously indicating that payment thereof is subordinate in right of payment to the Senior Debt and subject to the terms and conditions of this Intercreditor Agreement, and (a) after being so marked certified copies thereof shall be delivered to Senior Creditor and (b) the original of any such instrument shall be immediately delivered to Senior Creditor upon Senior Creditor's request, at any time on or after the occurrence of an Event of Default as such term is defined in the Senior Creditor Agreements. In the event any legend or endorsement is omitted, Senior Creditor or any of its officers or employees, are hereby irrevocably authorized on behalf of Junior Creditor to make the same. No specific legend, further assignment or endorsement or delivery of notes, guarantees or instruments shall be necessary to subject any Junior Debt to the subordination thereof contained in this Agreement.
