Common use of Subordination of Payments to Affiliates Clause in Contracts

Subordination of Payments to Affiliates. After the occurrence of an Event of Default and until such Event of Default is cured, Tenant shall not make any payments or distributions (including, without limitation, salary, bonuses, fees, principal, interest, dividends, liquidating distributions, management fees, cash flow distributions or lease payments) to any Affiliate, or any shareholder, member or partner of Tenant or any Affiliate, except for ordinary payroll.

Subordination of Payments to Affiliates. After the occurrence of an Event of Default and until such Event of Default is cured, Tenant Tenant, Subtenant and Guarantor shall not make any payments or distributions (including, without limitation, salary, bonuses, fees, principal, interest, dividends, liquidating distributions, management fees, cash flow distributions or lease payments) to Guarantor, Manager (if applicable), any Affiliate, or any shareholder, member or partner of Tenant Tenant, Guarantor, Manager (if applicable) or any Affiliate, except for ordinary payroll.

Subordination of Payments to Affiliates. After the occurrence of an Event of Default and until such Event of Default is cured, Tenant and Guarantor shall not make any payments or distributions (including, without limitation, salary, bonuses, fees, principal, interest, dividends, liquidating distributions, management fees, cash flow distributions or lease payments) to Guarantor, Manager (if applicable), any Affiliate, or any shareholder, member or partner of Tenant Tenant, Guarantor, Manager (if applicable) or any Affiliate, except for ordinary payroll.

Subordination of Payments to Affiliates. After the occurrence of an Event of Default and until such Event of Default is cured, Tenant Tenant, Subtenant and Guarantor shall not make any payments or distributions (including, without limitation, salary, bonuses, fees, principal, interest, dividends, liquidating distributions, management fees, cash flow distributions or lease payments) to Guarantor, any Affiliate, or any shareholder, member or partner of Tenant Tenant, Guarantor or any Affiliate, except for ordinary payroll.

Subordination of Payments to Affiliates. After the occurrence of an Event of Default and until such Event of Default is cured, Tenant shall not make any payments or distributions (including, without limitation, salary, bonuses, fees, principal, interest, dividends, liquidating distributions, management fees, cash flow distributions or lease payments) to any Affiliate, or any shareholder, member or partner of Tenant or any Affiliate, except for ordinary payroll.

Subordination of Payments to Affiliates. After the occurrence of an Event of Default and until such Event of Default is cured, Tenant shall not make any payments or distributions (including, without limitation, salary, bonuses, fees, principal, interest, dividends, liquidating distributions, management fees, cash flow distributions or lease payments) to Guarantor, any Affiliate, or any shareholder, member or partner of Tenant Tenant, Guarantor or any Affiliate, except for ordinary payroll.

Subordination of Payments to Affiliates. After the occurrence of an Event of Default and until such Event of Default is cured, Tenant Tenant, Subtenant and Guarantor shall not make any payments or distributions (including, without limitation, salary, bonuses, fees, principal, interest, dividends, liquidating distributions, management fees, cash flow distributions or lease payments) to Guarantor, any Affiliate, or any shareholder, member or partner of Tenant Tenant, Guarantor, or any Affiliate, except for ordinary payroll.