Common use of Subordinated and Intra-Group Liabilities Clause in Contracts

Subordinated and Intra-Group Liabilities. (a) Each of the Parties agrees that the Subordinated Liabilities and the Intra-Group Liabilities are postponed and subordinated to the Liabilities owed by the Debtors to the Primary Creditors. (b) This Agreement does not purport to rank any of the Subordinated Liabilities or the Intra-Group Liabilities as between themselves.

Appears in 6 contracts

Samples: Amendment and Restatement Agreement (Melco Resorts & Entertainment LTD), Amendment and Restatement Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Intercreditor Agreement (Tidewater Inc)

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Subordinated and Intra-Group Liabilities. (a) Each of the Parties agrees that the Subordinated Liabilities and the Intra-Group Liabilities are postponed and subordinated to the Liabilities owed by the Debtors and any other grantor of Transaction Security to the Primary Creditors. (b) This Agreement does not purport to rank any of the Subordinated Liabilities or the Intra-Group Liabilities as between themselves.

Appears in 2 contracts

Samples: Intercreditor Agreement (InterXion Holding N.V.), Intercreditor Agreement (InterXion Holding N.V.)

Subordinated and Intra-Group Liabilities. (a) Each of the Parties agrees that the Subordinated Liabilities and the Intra-Group Liabilities are postponed and subordinated to the Liabilities owed by the Debtors to the Primary Creditors. (b) This Agreement does not purport to rank any of the Subordinated Liabilities or the and Intra-Group Liabilities as between themselves.

Appears in 2 contracts

Samples: Intercreditor Agreement (LumiraDx LTD), Intercreditor Agreement (LumiraDx LTD)

Subordinated and Intra-Group Liabilities. (a) Each of the Parties agrees that the Subordinated Liabilities and the Intra-Group Liabilities are postponed and subordinated to the Liabilities owed by the Debtors to the Primary Creditors. (b) This Agreement does not purport to rank any of the Subordinated Liabilities or and the Intra-Group Liabilities as between themselves.

Appears in 1 contract

Samples: Intercreditor Agreement (Ferroglobe PLC)

Subordinated and Intra-Group Liabilities. (a) Each of the Parties agrees that the Subordinated Liabilities and the Intra-Group Liabilities are postponed and subordinated to the Liabilities owed by the Debtors to the Primary Creditors. (b) This Agreement does not purport to rank any of the Subordinated Liabilities or the Intra-Intra- Group Liabilities as between themselves.

Appears in 1 contract

Samples: Intercreditor Agreement

Subordinated and Intra-Group Liabilities. (a) Each of the Parties agrees that the Subordinated Liabilities and the Intra-Intra Group Liabilities are postponed and subordinated to the Liabilities owed by the Debtors to the Primary Creditors. (b) This Agreement Deed does not purport to rank any of the Subordinated Liabilities or the Intra-Intra Group Liabilities as between themselves.

Appears in 1 contract

Samples: Note Purchase Agreement (Luxfer Holdings PLC)

Subordinated and Intra-Group Liabilities. (a) Each of the Parties agrees that the Subordinated Liabilities and the Intra-Group Liabilities are postponed and subordinated to the Liabilities owed by the Debtors to the Primary CreditorsCreditors under the Debt Documents. (b) This Agreement does not purport to rank any of the Subordinated Liabilities or the Intra-Group Liabilities as between themselves.

Appears in 1 contract

Samples: Intercreditor Agreement

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Subordinated and Intra-Group Liabilities. (a) Each of the Parties agrees that the Subordinated Intra-Group Liabilities and the Intra-Group Subordinated Liabilities are postponed and subordinated to the Liabilities owed by the Debtors to the Primary Senior Creditors. (b) This Agreement does not purport to rank any of the Subordinated Liabilities or the Intra-Group Liabilities as between themselves.

Appears in 1 contract

Samples: Intercreditor Agreement

Subordinated and Intra-Group Liabilities. (a) Each of the Parties agrees that the Subordinated Liabilities and Liabilities, the Intra-Group Liabilities and the ParentCo Liabilities are postponed and subordinated to the Liabilities owed by the Debtors to the Primary Senior Creditors. (b) This Agreement does not purport to rank any of the Subordinated Liabilities or Liabilities, the Intra-Group Liabilities or the ParentCo Liabilities as between themselves.

Appears in 1 contract

Samples: Deed of Amendment Agreement (RISE Education Cayman LTD)

Subordinated and Intra-Group Liabilities. (a) Each of the Parties agrees that the Subordinated Liabilities and the Intra-Group Liabilities are postponed and subordinated to the Senior Liabilities, the Agent Liabilities owed by and the Debtors to the Primary CreditorsArranger Liabilities. (b) This Agreement agreement does not purport to rank any of the Subordinated Liabilities or the Intra-Group Liabilities as between themselves.

Appears in 1 contract

Samples: Intercreditor Agreement

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