Subordination; Subrogation. (a) Each Guarantor hereby subordinates any and all debts, liabilities, receivables, advances and other Obligations owed to such Guarantor by each other Loan Party of whatever nature at any time outstanding (the “Subordinated Obligations”) to the Obligations to the extent and in the manner hereinafter set forth in this Section 6.03:
Appears in 8 contracts
Samples: Guarantee and Collateral Agreement, Guarantee and Collateral Agreement (Claires Stores Inc), Credit Agreement (Claires Stores Inc)
Subordination; Subrogation. (a) Each Guarantor hereby subordinates any and all debts, liabilities, receivables, advances liabilities and other Obligations obligations owed to such Guarantor by each other Loan Party of whatever nature at any time outstanding (the “Subordinated Obligations”) to the Obligations to the extent and in the manner hereinafter set forth in this Section 6.03:
Appears in 6 contracts
Samples: Credit Agreement (Noranda Aluminum Holding CORP), Guarantee and Collateral Agreement (Noranda Aluminum Holding CORP), Guarantee and Collateral Agreement (Noranda Aluminum Holding CORP)
Subordination; Subrogation. (a) Each The Guarantor hereby subordinates any and all debts, liabilities, receivables, advances and other Obligations owed to such the Guarantor by each other Loan Party the Borrower of whatever nature at any time outstanding (the “Subordinated Obligations”) to the Obligations to the extent and in the manner hereinafter set forth in this Section 6.03:
Appears in 3 contracts
Samples: Term Loan Credit Agreement, Guarantee and Collateral Agreement (Claires Stores Inc), Term Loan Credit Agreement (Claires Stores Inc)
Subordination; Subrogation. (a) Each Guarantor hereby subordinates any and all debts, liabilities, receivables, advances liabilities and other Obligations owed to such Guarantor by each other Loan Party of whatever nature at any time outstanding (the “Subordinated Obligations”) to the Obligations to the extent and in the manner hereinafter set forth in this Section 6.03:
Appears in 2 contracts
Samples: Guarantee and Collateral Agreement (Covalence Specialty Adhesives LLC), Guarantee and Collateral Agreement (Berry Plastics Holding Corp)
Subordination; Subrogation. (a) Each Guarantor hereby subordinates any and all debts, liabilities, receivables, advances liabilities and other Obligations obligations owed to such Guarantor by each other Loan Party of whatever nature at any time outstanding (the “Subordinated subordinated Obligations”) to the Obligations to the extent and in the manner hereinafter set forth in this Section 6.03:
Appears in 1 contract
Samples: Receivables Purchase Agreement (Berry Global Group Inc)
Subordination; Subrogation. (a) Each Guarantor hereby subordinates any and all debts, liabilities, receivables, advances liabilities and other Obligations obligations owed to such Guarantor by each other Loan Party Guarantor and by each other Affiliate of whatever nature at any time outstanding BSC (the “"Subordinated Obligations”") to the Obligations to the extent and in the manner hereinafter set forth in this Section 6.03:
Appears in 1 contract
Samples: Guarantee and Collateral Agreement (Bear Stearns Companies Inc)
Subordination; Subrogation. (a) Each Guarantor Holdings hereby subordinates any and all debts, liabilities, receivables, advances and other Obligations owed to such Guarantor it by each other Loan Party of whatever nature at any time outstanding (the “Subordinated Obligations”) to the Obligations to the extent and in the manner hereinafter set forth in this Section 6.036.01:
Appears in 1 contract
Samples: Guarantee and Pledge Agreement (Cke Restaurants Inc)
Subordination; Subrogation. (a) Each Guarantor hereby subordinates any and all debts, liabilities, receivables, advances liabilities and other Obligations obligations owed to such Guarantor by each other Loan Party Guarantor and by each other Affiliate of whatever nature at any time outstanding BSC (the “Subordinated Obligations”) to the Obligations to the extent and in the manner hereinafter set forth in this Section 6.03:
Appears in 1 contract
Samples: Guarantee and Collateral Agreement (J P Morgan Chase & Co)
Subordination; Subrogation. (a) Each Guarantor hereby subordinates any and all debts, liabilities, receivables, advances and other Securities Obligations owed to such Guarantor by each other Loan Securities Party of whatever nature at any time outstanding (the “Subordinated Obligations”) to the Securities Obligations to the extent and in the manner hereinafter set forth in this Section 6.03:
Appears in 1 contract
Samples: Collateral Agreement (Aeroways, LLC)
