Common use of Subsidiary Consents Clause in Contracts

Subsidiary Consents. The Company covenants to obtain an executed consent to this Agreement from each of its Subsidiaries that is a party to a Subsidiary Guaranty within ten days after the date hereof. This covenant shall be deemed to be an agreement of the type referred to in paragraph 7A(iv) of the Amended Note Purchase Agreement.

Appears in 2 contracts

Sources: Second Amendment Agreement (Recoton Corp), Amendment Agreement (Recoton Corp)