Examples of Affiliate Indebtedness in a sentence
After the occurrence and during the continuance of a Default, Borrower will not pay any Permitted Affiliate Management Fees provided that this section shall not prohibit Borrower from paying Ordinary Affiliate Indebtedness.
Use the proceeds of (a) the Term Loans only for the purposes specified in Section 2.5 (it being understood that no Lender Party shall have any obligation to monitor Borrower’s use of the proceeds of the Term Loans) and (b) any loans under any Indirect Affiliate Indebtedness (including the Huntington Debt) the proceeds of which are received by Borrower only for the construction, development, operation, maintenance, ownership and related costs of the Mining Facilities.
Other than the General Services Agreement, dated August 1, 1999 (the indebtedness under which constitutes Affiliate Indebtedness), UPC Polska does not believe that it presently is in default under any of the executory contracts or unexpired leases set forth on the Schedule of Assumed Agreements.
Any Indebtedness of the EUR Issuer to Holdings or an Obligor Affiliate now or hereafter existing is hereby subordinated to the Obligor Affiliate Indebtedness.
Any Indebtedness of the Issuers to Holdings, an Issuer or an Obligor Affiliate now or hereafter existing is hereby subordinated to the Obligor Affiliate Indebtedness.