Common use of Subordination of Intercompany Loans Clause in Contracts

Subordination of Intercompany Loans. Each Loan Party shall cause any intercompany Indebtedness, loans or advances owed by any Loan Party to any other Loan Party to be subordinated pursuant to the terms of the Intercompany Subordination Agreement.

Appears in 74 contracts

Samples: Credit Agreement (Healthcare Services Group Inc), Revolving Credit Facility (Big Lots Inc), Credit Agreement (Healthcare Services Group Inc)

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Subordination of Intercompany Loans. Each Loan Party shall cause any intercompany Indebtedness, loans or advances owed by any Loan Party to any other Loan Party Restricted Subsidiary that is not a Guarantor to be subordinated pursuant to the terms of the Intercompany Subordination Agreement.

Appears in 21 contracts

Samples: Revolving Credit Facility (CNX Resources Corp), Revolving Credit Facility (CNX Resources Corp), Credit Agreement (CONSOL Energy Inc.)

Subordination of Intercompany Loans. Each Loan Party shall cause any intercompany Indebtedness, loans or advances owed by any Loan Party to any other Loan Party to be subordinated pursuant to the terms of an intercompany subordination agreement in form and substance satisfactory to the Administrative Agent (the β€œIntercompany Subordination Agreement”).

Appears in 3 contracts

Samples: Credit Agreement (DLH Holdings Corp.), Credit Agreement (DLH Holdings Corp.), Credit Agreement (DLH Holdings Corp.)

Subordination of Intercompany Loans. Each Loan Party shall cause any intercompany Indebtedness, loans or advances owed by any Loan Party to any other Loan Party Restricted Subsidiary that is not a Guarantor to be subordinated pursuant to the terms of the Intercompany Subordination Agreement.

Appears in 3 contracts

Samples: Credit Agreement (CNX Resources Corp), Credit Agreement (CONSOL Energy Inc), Revolving Credit Facility (CONSOL Energy Inc)

Subordination of Intercompany Loans. Each Loan Party shall cause any intercompany Indebtedness, Indebtedness or loans or advances owed by any Loan Party to any other Loan Party to be subordinated pursuant to the terms of the Intercompany Subordination Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Roundys Inc), Credit Agreement (Roundys Inc)

Subordination of Intercompany Loans. Each Loan Party shall cause any intercompany Indebtedness, loans or advances owed by any Loan Party to any other Loan Party to be subordinated pursuant to the terms payment of the Intercompany Subordination AgreementObligations.

Appears in 2 contracts

Samples: Credit Agreement (Arch Coal Inc), Credit Agreement (Arch Coal Inc)

Subordination of Intercompany Loans. Each Loan Party shall cause any intercompany Indebtedness, loans or advances owed by any Loan Party or any Subsidiary of any Loan Party to any other Loan Party or any Subsidiary of any Loan Party to be subordinated pursuant to the terms of the Intercompany Subordination Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Federated Investors Inc /Pa/), Credit Agreement (Federated Investors Inc /Pa/)

Subordination of Intercompany Loans. Each Loan Party shall cause any intercompany Indebtedness, loans or advances Intercompany Loans owed by any Loan Party to any other Loan Party or Subsidiary of a Loan Party to be subordinated pursuant to the terms of the Master Intercompany Subordination Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Consolidated Stores Corp /De/), Revolving Credit Facility (Consolidated Stores Corp /De/)

Subordination of Intercompany Loans. Each Loan Party The Borrower shall cause any intercompany Indebtedness, loans or advances owed by any Loan Party to any other Loan Party or payable by any Loan Party to any Subsidiary of the Borrower which is not a Loan Party to be subordinated pursuant to the terms of the Intercompany Subordination Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Freemarkets Inc), Revolving Credit Agreement (Freemarkets Inc)

Subordination of Intercompany Loans. Each Loan Party shall cause any intercompany Indebtedness, loans or advances owed by any Loan Party to any other Loan Party (other than the Borrower) to be subordinated pursuant to the terms of the Intercompany Subordination Agreement. Each Loan Party shall cause any intercompany Indebtedness, loans or advances owed by any Loan Party to any CNX Gas Loan Party to be subordinated pursuant to the terms of the CNX Gas Intercompany Subordination Agreement.

Appears in 2 contracts

Samples: Credit Agreement (CONSOL Energy Inc), Revolving Credit Facility (CONSOL Energy Inc)

Subordination of Intercompany Loans. Each Loan Party shall cause any intercompany Indebtedness, loans or advances owed by any Loan Party to to: (i) any other Loan Party to be subordinated pursuant to the terms of the Intercompany Subordination Agreement or (ii) Wexford to be subordinated pursuant to the terms of the Wexford Subordination Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Rhino Resource Partners LP), Senior Secured Revolving Credit Facility (Rhino Resource Partners, L.P.)

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Subordination of Intercompany Loans. Each Loan Party shall cause any intercompany Indebtedness, loans or advances owed by any Loan Party to any other Loan Party or by any Subsidiary of any Loan Party to any Loan Party to be subordinated pursuant to the terms of the Intercompany Subordination Agreement.

Appears in 1 contract

Samples: Credit Agreement (Arch Coal Inc)

Subordination of Intercompany Loans. (i) Each Loan Party shall cause any intercompany Indebtedness, loans or advances owed by any Loan Party to any other Loan Party to be subordinated pursuant to the terms of the Intercompany Subordination Agreement.

Appears in 1 contract

Samples: Credit Agreement (Option Care Inc/De)

Subordination of Intercompany Loans. Each Loan Party shall cause any intercompany Indebtedness, loans or advances Intercompany Loans owed by any Loan Party to the Borrower or any other Loan Party of its Subsidiaries to be subordinated pursuant to the terms of the Master Intercompany Subordination AgreementAgreement and evidenced by an Intercompany Note.

Appears in 1 contract

Samples: Senior Unsecured Revolving Credit Facility (Cuno Inc)

Subordination of Intercompany Loans. Each Loan Party shall cause any intercompany Indebtedness, loans or advances owed by any Loan Party to any other Loan Party (other than the Borrower) to be subordinated pursuant to the terms of the Intercompany Subordination Agreement. Each Loan Party shall cause any intercompany Indebtedness, loans or advances owed by any Loan Party to any CONSOL Loan Party to be subordinated pursuant to the terms of the CONSOL Intercompany Subordination Agreement.

Appears in 1 contract

Samples: Revolving Credit Facility (CONSOL Energy Inc)

Subordination of Intercompany Loans. Each Loan Party shall cause any intercompany Indebtedness, loans or advances owed by any Loan Party to any other Loan Party or by any Subsidiary of any Loan Party to any Loan Party to be subordinated pursuant to the terms of the Intercompany Subordination Agreement.

Appears in 1 contract

Samples: Revolving Credit Facility (Arch Coal Inc)

Subordination of Intercompany Loans. Each Loan Party shall cause any intercompany Indebtedness, loans or advances owed by any Loan Party to any other Loan Party or by any Subsidiary (which is a member of the Arch Coal Group) of any Loan Party to any Loan Party to be subordinated pursuant to the terms of the Intercompany Subordination Agreement.

Appears in 1 contract

Samples: Revolving Credit Facility (Arch Coal Inc)

Subordination of Intercompany Loans. Each Loan Party shall cause any intercompany Indebtedness, loans or advances owed by any Loan Party to any other Domestic Loan Party to be subordinated pursuant to the terms of the Intercompany Subordination Agreement.

Appears in 1 contract

Samples: Credit Agreement (Gp Strategies Corp)

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