Recorded Instruments. In order to effect the subordination described in this Subordination Agreement, Junior Creditor and Senior Creditor agree to execute, acknowledge and deliver such other recordable agreements and instruments as may be reasonably necessary or desirable under the laws of the jurisdictions in which the Junior Collateral and/or the Senior Collateral is or may be located to give notice to third parties of this Subordination Agreement and to otherwise implement this Subordination Agreement.
Appears in 2 contracts
Sources: Master Subordination Agreement (Future Petroleum Corp/Ut/), Master Subordination Agreement (Encap Equity 1994 Limited Partnership)