Common use of Subordination; Subrogation Clause in Contracts

Subordination; Subrogation. (a) Subject to the limitations set forth in Section 2.07, to the extent permitted by law and to the extent to do so would not constitute unlawful financial assistance, each Guarantor hereby subordinates any and all debts, liabilities and other Obligations owed to such Guarantor by each other Loan Party (the “Subordinated Obligations”) to the Guaranteed Obligations to the extent and in the manner hereinafter set forth in this Section 3.03:

Subordination; Subrogation. (a) Subject to the limitations set forth in Section 2.0710.02 and Section 11.02 of the Indenture, to the extent permitted by law and to the extent to do so would not constitute unlawful financial assistance, each Guarantor Grantor hereby subordinates any and all debts, liabilities and other Obligations obligations owed to such Guarantor Grantor by each other Loan Party Grantor (the “Subordinated Obligations”) to the Guaranteed Secured Obligations (other than contingent or unliquidated obligations or liabilities) owed by it to the extent and in the manner hereinafter set forth in this Section 3.036.03:

Subordination; Subrogation. (a) Subject to the limitations set forth in Section 2.072.06, to the extent permitted by law and to the extent to do so would not constitute unlawful financial assistance, each Guarantor and Grantor hereby subordinates any and all debts, liabilities and other Obligations obligations owed to such Guarantor or Grantor by each other Loan Party (the “Subordinated Obligations”) to the Guaranteed Loan Obligations (other than contingent or unliquidated obligations or liabilities) owed by it to the extent and in the manner hereinafter set forth in this Section 3.036.03: