Common use of Subordination May Not Be Impaired by Company Clause in Contracts

Subordination May Not Be Impaired by Company. No right of any Senior Lender to enforce the subordination of the Subordinated Obligations will be impaired by any act or failure to act by the Company or by its failure to comply with [Sections 1–9].

Appears in 4 contracts

Samples: Credit Agreement (Fidelity National Information Services, Inc.), Credit Agreement (Kinetic Concepts Inc), Credit Agreement (Kinetic Concepts Inc)

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Subordination May Not Be Impaired by Company. No right of any the Senior Lender to enforce the subordination of the Subordinated Obligations will be impaired by any act or failure to act by the Company or by its failure to comply with [Sections 1–9]the provisions hereunder.

Appears in 3 contracts

Samples: Term Loan Credit Agreement (MRC Global Inc.), Credit Agreement (American International Group Inc), Affiliate Subordination Agreement (American General Finance Corp)

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Subordination May Not Be Impaired by Company. No right of any the Senior Lender Lenders to enforce the subordination of the Subordinated Obligations will be impaired by any act or failure to act by the Company or by its failure to comply with [Sections 1–9]the provisions hereunder.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Pier 1 Imports Inc/De)

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