Common use of Subordination of Intercompany Loans Clause in Contracts

Subordination of Intercompany Loans. The Borrower shall cause any intercompany Indebtedness, loans or advances owed by the Borrower or any of its Subsidiaries to the Borrower or any of its Subsidiaries to be subordinated pursuant to the terms of the Intercompany Subordination Agreement.

Appears in 3 contracts

Samples: Credit Agreement (Calgon Carbon Corporation), Credit Agreement (Calgon Carbon Corporation), Credit Agreement (Calgon Carbon Corporation)

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

Appears in 1 contract

Samples: Credit Agreement (U S Interactive Inc/Pa)

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