Common use of Subordination of Intercompany Loans Clause in Contracts

Subordination of Intercompany Loans. From and after the Closing Date, each Borrower and each Guarantor shall cause any inter-company Indebtedness, loans or advances owed by any of them to one another or to any other of their Subsidiaries to be subordinated pursuant to the terms of the Intercompany Subordination Agreement.

Appears in 13 contracts

Samples: Credit Agreement (Triumph Group Inc), Credit Agreement (Triumph Group Inc), Credit Agreement (Triumph Group Inc)

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Subordination of Intercompany Loans. From and after the Closing Date, each The Borrower and each Guarantor shall cause any inter-company Indebtedness, loans or advances owed by any of them to one another or to any other of their Subsidiaries to be subordinated pursuant to the terms of the Intercompany Subordination Agreement.

Appears in 1 contract

Samples: Credit Agreement (Triumph Group Inc /)

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