Subordination of Intercompany Loans. Each Loan Party covenants and agrees that any existing and future debt obligation of Holdco, EnergySolutions or any Subsidiary to any Non-U.S. Subsidiary shall be subordinated to the Loans.
Appears in 3 contracts
Samples: Second Lien Credit Agreement (EnergySolutions, Inc.), Credit Agreement (EnergySolutions, Inc.), Credit Agreement (EnergySolutions, Inc.)
Subordination of Intercompany Loans. Each Loan Party covenants and agrees that any existing and future debt obligation of Holdco, EnergySolutions or any Subsidiary to any Non-U.S. Subsidiary shall be subordinated to the Loans.
Appears in 2 contracts
Samples: Credit Agreement (EnergySolutions, Inc.), Amendment Agreement (EnergySolutions, Inc.)
Subordination of Intercompany Loans. Each Loan Party covenants and agrees that any existing and future debt obligation of HoldcoParent, EnergySolutions or any Subsidiary to any Non-U.S. Subsidiary shall be subordinated to the Loans.
Appears in 2 contracts
Samples: Amendment Agreement (EnergySolutions, Inc.), Credit Agreement (EnergySolutions, Inc.)
