Subordination of Notes and Subsidiary Guarantees. Notwithstanding anything contained herein to the contrary, payments on the Notes and the Subsidiary Guarantees (if any), and the rights of the holders of the Notes and the Subsidiary Guarantees (if any), are subordinated to payments on, and the rights of the holders of, Senior Indebtedness (as defined in the Subordination Agreement set forth in clause (a) of the definition thereof), all as further provided in such Subordination Agreement. To the extent the Company is not a party to a Subordination Agreement, you agree to use reasonable efforts to promptly furnish to the Company a copy of such Subordination Agreement; provided the failure to provide such copy shall not result in any liability to any holder or otherwise effect the obligations of the Company or any Subsidiary under this Agreement or the other Operative Documents.
Appears in 5 contracts
Samples: Mezzanine Note Securities Purchase Agreement (Alion Science & Technology Corp), Mezzanine Note Securities Purchase Agreement (Alion Science & Technology Corp), Mezzanine Note Securities Purchase Agreement (Alion Science & Technology Corp)
