Parent Covenant. Any shares held by the Parent in the Company and any intergroup credit balances owed to the Parent by an Obligor shall be: (a) subject to Security; and (b) subject to the provisions of the HYD Intercreditor Agreement or the Group Intercreditor Agreement.
Appears in 4 contracts
Samples: Senior Facilities Agreement (VMWH LTD), Senior Facilities Agreement (Virgin Media Inc.), Senior Facilities Agreement (Virgin Media Inc.)
