Examples of Affiliate Subordination Agreement in a sentence
Each of the parties to the Affiliate Subordination Agreement shall have executed and delivered to the Administrative Agent, its counterpart of the Affiliate Subordination Agreement.
The initial undersigned shall be the Group Members (as defined in the Promissory Note) party to the Affiliate Subordination Agreement on the date of the Promissory Note.
This Note shall be subject to the subordination provisions of the Amended and Restated Affiliate Subordination Agreement dated as of March 29, 2001 among the Company, the holder of this Note, the holders of Notes issued pursuant to the Exchange Agreement and Fleet National Bank.
Indebtedness of the Borrower and any of its Subsidiaries to the Subordinated Noteholders under the Subordinated Indenture and the Original Subordinated Notes, (b) Permitted Seller Subordinated Debt and (c) any Indebtedness which is subject to an Affiliate Subordination Agreement.
Borrower will not make any payment on any obligation owing to any Affiliate (excluding reasonable expense reimbursements in the ordinary course of business) unless specifically allowed under any Affiliate Subordination Agreement or otherwise allowed by Agent.