Reliance on Subordination. The Junior Creditor and each holder of the Subordinated Debt by its acceptance thereof consents and agrees that all Senior Debt shall be deemed to have been made or incurred in reliance upon the subordination of the Subordinated Debt pursuant to this Agreement.
Appears in 3 contracts
Samples: Subordination Agreement, Subordination Agreement (Ormat Technologies, Inc.), Subordination Agreement (Ormat Technologies, Inc.)
Reliance on Subordination. The Junior Creditor and each holder of the Subordinated Debt by its acceptance thereof consents and agrees that all Senior Debt shall be deemed to have been made or incurred in reliance upon the subordination of the Subordinated Debt pursuant to this Subordination Agreement.. 450
Appears in 1 contract
Samples: Partnership Interest Pledge Agreement (Orion Power Holdings Inc)
