Intercompany Notes. Borrower shall cause all Intercompany Notes to be pledged to the Administrative Agent on behalf of Lenders to secure the Obligations, and delivered to the Administrative Agent for perfection purposes. Borrower shall cause all Intercompany Notes for which Borrower, the Parent or any Subsidiary of the Borrower is the obligor to be subject to a Subordination Agreement.
Appears in 4 contracts
Samples: Credit Agreement (Northland Cable Properties Six LTD Partnership), Credit Agreement (Northland Cable Television Inc), Credit Agreement (Northland Cable Properties Six LTD Partnership)