Payment obligations continue. Neither the Company nor any other Debtor shall be released from the liability to make any Payment (including of default interest, which shall continue to accrue) under any Debt Document by the operation of Clauses 8.1 (Restriction on Payment: Subordinated Liabilities) and 8.2 (Permitted Payments: Subordinated Liabilities) even if its obligation to make that Payment is restricted at any time by the terms of any of those Clauses.
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Samples: Intercreditor Agreement (Tidewater Inc), Intercreditor Agreement, Intercreditor Agreement (InterXion Holding N.V.)
Payment obligations continue. Neither the Company nor any other Debtor shall be released from the liability to make any Payment (including of default interest, which shall continue to accrue) under any Debt Document by the operation of Clauses 8.1 6.1 (Restriction on Payment: Subordinated Liabilities) and 8.2 6.2 (Permitted Payments: Subordinated Liabilities) even if its obligation to make that Payment is restricted at any time by the terms of any of those Clauses.
Appears in 1 contract
Samples: Intercreditor Agreement
Payment obligations continue. Neither the Company nor any other Debtor The Debtors shall not be released from the liability to make any Payment (including of default interest, which shall continue to accrue) under any Debt Document by the operation of Clauses 8.1 7.1 (Restriction on Payment: Subordinated Intra-Group Liabilities) and 8.2 7.2 (Permitted Payments: Subordinated Intra-Group Liabilities) even if its obligation to make that Payment is restricted at any time by the terms of any of those Clauses.
Appears in 1 contract
Payment obligations continue. Neither the Company nor any other Debtor shall be released from the liability to make any Payment (including of default interest, which shall continue to accrue) under any Debt Document by the operation of Clauses 8.1 (Restriction on Payment: Subordinated Shareholder Liabilities) and 8.2 (Permitted Payments: Subordinated Liabilities) even if its obligation to make that Payment is restricted at any time by the terms of any of those Clauses.8.2
Appears in 1 contract
Payment obligations continue. Neither the Company nor any other Debtor shall be released from the liability to make any Payment (including of default interest, which shall continue to accrue) under any Debt Document by the operation of Clauses 8.1 7.1 (Restriction on Payment: Subordinated Liabilities) and 8.2 7.2 (Permitted Payments: Subordinated Liabilities) even if its obligation to make that Payment is restricted at any time by the terms of any of those Clauses.
Appears in 1 contract
