Subordination of Certain Indebtedness. If the Guarantor advances any sums to the Borrower or its successors or assigns or if the Borrower or its successors or assigns shall hereafter become indebted to the Guarantor, such sums and indebtedness shall be subordinate in all respects to the amounts then or thereafter due and owing to the Lender by the Borrower.
Appears in 2 contracts
Sources: Limited Guaranty Agreement, Limited Guaranty Agreement (Inland Diversified Real Estate Trust, Inc.)
Subordination of Certain Indebtedness. If the Guarantor has advanced or hereafter advances any sums to the Borrower or its successors or assigns or if the Borrower or its successors or assigns is now or shall hereafter become indebted to the Guarantor, such sums and indebtedness shall be subordinate in all respects to the amounts then or thereafter now and hereafter due and owing to the Lender GE Capital by the Borrower.
Appears in 2 contracts
Sources: Guaranty Agreement (Leisure Time Casinos & Resorts Inc), Guaranty Agreement (Leisure Time Casinos & Resorts Inc)
Subordination of Certain Indebtedness. If the Guarantor advances any sums to the Borrower Tenant or its successors or assigns or if the Borrower Tenant or its successors or assigns shall hereafter become indebted to the Guarantor, such sums and indebtedness shall be subordinate in all respects to the amounts then or thereafter due and owing to the Lender Landlord by the BorrowerTenant.
Appears in 1 contract
Subordination of Certain Indebtedness. If the Guarantor advances any sums to the Borrower or its their successors or assigns or if the any Borrower or its successors or assigns shall hereafter become indebted to the Guarantor, such sums and indebtedness shall be subordinate in all respects to the amounts then or thereafter due and owing to the Lender Secured Parties by the such Borrower.
Appears in 1 contract
Sources: Credit Agreement (Lecroy Corp)