STATEMENT OF SUBORDINATION; ASSIGNMENT BY CREDITOR; ADDITIONAL INSTRUMENTS. Debtor and Creditor will cause any instrument evidencing or securing subordinated debt to bear upon its face a statement that such instrument is subordinated to senior debt as set forth herein and will take all actions and execute all documents appropriate to carry out this agreement. Creditor will notify Lender not less than 10 days before any assignment of any subordinated debt.
Appears in 22 contracts
Samples: Facility Agreement (Usaa Mutual Fund Inc), Facility Agreement (Usaa Investment Trust), Facility Agreement (Usaa State Tax Free Trust)
STATEMENT OF SUBORDINATION; ASSIGNMENT BY CREDITOR; ADDITIONAL INSTRUMENTS. Debtor and Creditor will cause any instrument evidencing or securing orsecuring subordinated debt to bear upon its face a statement that such instrument is subordinated to senior debt as set forth herein and will take all actions and execute all documents appropriate to carry out this agreement. Creditor will notify Lender Agent not less than 10 days before any assignment of any subordinated anysubordinated debt.
Appears in 4 contracts
Samples: Credit Agreement (Usaa Mutual Fund Inc), Credit Agreement (Usaa Tax Exempt Fund Inc), Credit Agreement (Usaa State Tax Free Trust)
STATEMENT OF SUBORDINATION; ASSIGNMENT BY CREDITOR; ADDITIONAL INSTRUMENTS. Debtor and Creditor will cause any instrument evidencing or securing subordinated debt to bear upon its face a statement that such instrument is subordinated to senior debt as set forth herein and will take all actions and execute all documents appropriate to carry out this agreement. Creditor will notify Lender Agent not less than 10 days before any assignment of any subordinated debt.
Appears in 4 contracts
Samples: Credit Agreement (Usaa State Tax Free Trust), Credit Agreement (Usaa Investment Trust), Credit Agreement (Usaa Tax Exempt Fund Inc)
