Common use of New Subordinated Indebtedness Clause in Contracts

New Subordinated Indebtedness. (a) The Borrower shall procure that any new Subordinated Indebtedness entered into by the Borrower or any Subsidiary on or after the First Effective Date shall:

Appears in 2 contracts

Samples: Coface Facility Agreement (Globalstar, Inc.), Globalstar, Inc.

AutoNDA by SimpleDocs

New Subordinated Indebtedness. (a) The Borrower shall procure that any new Subordinated Indebtedness entered into by the Borrower or any Subsidiary on or after the First Effective Date shall:: 115

Appears in 1 contract

Samples: Facility Agreement (Globalstar, Inc.)

AutoNDA by SimpleDocs

New Subordinated Indebtedness. (a) The Borrower shall procure that any new Subordinated Indebtedness entered into by the Borrower or any Subsidiary on or after the First Effective Date shall:

Appears in 1 contract

Samples: Coface Facility Agreement (Globalstar, Inc.)

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