Document ID: 16367

Text:
the Obligations and the termination of the Commitments. In addition, any indebtedness of any Loan Party now or hereafter held by any other Loan Party is hereby subordinated in right of payment to the prior indefeasible payment in full of the Obligations and no Loan Party will demand, sue for or otherwise attempt to collect any such indebtedness. If any amount shall erroneously be paid to any Loan Party on account of (i) such subrogation, contribution, reimbursement, indemnity or similar right or (ii) any such indebtedness of any Loan Party, such amount shall be held in trust for the benefit of the Credit Parties and shall forthwith be paid to the Administrative Agent to be credited against the payment of the Obligations, whether matured or unmatured, in accordance with the terms of this Agreement and the other Loan Documents. Subject to the foregoing, to the extent that any Borrower shall, under this Agreement as a joint and several obligor, repay any of the Obligations constituting Loans made to another Borrower hereunder or other Obligations incurred directly and primarily by any other Borrower (an Accommodation Payment), then the Borrower making such Accommodation Payment shall be entitled to contribution and indemnification from, and be reimbursed by, each of the other Borrowers in an amount, for each of such other Borrowers, equal to a fraction of such Accommodation Payment, the numerator of which fraction is such other Borrowers Allocable Amount and the denominator of which is the sum of the Allocable Amounts of all of the Borrowers. As of any date of determination, the Allocable Amount of each Borrower shall be equal to the maximum amount of liability for Accommodation Payments which could be asserted against such Borrower hereunder without (a) rendering such Borrower insolvent within the meaning of Section 101 (31) of the Bankruptcy Code, Section 2 of the Uniform Fraudulent Transfer Act ( UFTA) or Section 2 of the Uniform Fraudulent Conveyance Act ( UFCA), (b) leaving such Borrower with unreasonably small capital or assets, within the meaning of Section 548 of the Bankruptcy Code, Section 4 of the UFTA, or Section 5 of the UFCA, or (c) leaving such Borrower unable to pay its debts as they become due within the meaning of Section 548 of the Bankruptcy Code or Section 4 of the UFTA, or Section 5 of the UFCA.

Named Entities:
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Ratio
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Regulation
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Court
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Act
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Act
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Act
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357
Act
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Regulation

Tokenized Text:
the
Obligations
and
the
termination
of
the
Commitments
.
In
addition
,
any
indebtedness
of
any
Loan
Party
now
or
hereafter
held
by
any
other
Loan
Party
is
hereby
subordinated
in
right
of
payment
to
the
prior
indefeasible
payment
in
full
of
the
Obligations
and
no
Loan
Party
will
demand
,
sue
for
or
otherwise
attempt
to
collect
any
such
indebtedness
.
If
any
amount
shall
erroneously
be
paid
to
any
Loan
Party
on
account
of
(
i
)
such
subrogation
,
contribution
,
reimbursement
,
indemnity
or
similar
right
or
(
ii
)
any
such
indebtedness
of
any
Loan
Party
,
such
amount
shall
be
held
in
trust
for
the
benefit
of
the
Credit
Parties
and
shall
forthwith
be
paid
to
the
Administrative
Agent
to
be
credited
against
the
payment
of
the
Obligations
,
whether
matured
or
unmatured
,
in
accordance
with
the
terms
of
this
Agreement
and
the
other
Loan
Documents
.
Subject
to
the
foregoing
,
to
the
extent
that
any
Borrower
shall
,
under
this
Agreement
as
a
joint
and
several
obligor
,
repay
any
of
the
Obligations
constituting
Loans
made
to
another
Borrower
hereunder
or
other
Obligations
incurred
directly
and
primarily
by
any
other
Borrower
(
an
Accommodation
Payment
)
,
then
the
Borrower
making
such
Accommodation
Payment
shall
be
entitled
to
contribution
and
indemnification
from
,
and
be
reimbursed
by
,
each
of
the
other
Borrowers
in
an
amount
,
for
each
of
such
other
Borrowers
,
equal
to
a
fraction
of
such
Accommodation
Payment
,
the
numerator
of
which
fraction
is
such
other
Borrowers
Allocable
Amount
and
the
denominator
of
which
is
the
sum
of
the
Allocable
Amounts
of
all
of
the
Borrowers
.
As
of
any
date
of
determination
,
the
Allocable
Amount
of
each
Borrower
shall
be
equal
to
the
maximum
amount
of
liability
for
Accommodation
Payments
which
could
be
asserted
against
such
Borrower
hereunder
without
(
a
)
rendering
such
Borrower
insolvent
within
the
meaning
of
Section
101
(
31
)
of
the
Bankruptcy
Code
,
Section
2
of
the
Uniform
Fraudulent
Transfer
Act
(
UFTA
)
or
Section
2
of
the
Uniform
Fraudulent
Conveyance
Act
(
UFCA
)
,
(
b
)
leaving
such
Borrower
with
unreasonably
small
capital
or
assets
,
within
the
meaning
of
Section
548
of
the
Bankruptcy
Code
,
Section
4
of
the
UFTA
,
or
Section
5
of
the
UFCA
,
or
(
c
)
leaving
such
Borrower
unable
to
pay
its
debts
as
they
become
due
within
the
meaning
of
Section
548
of
the
Bankruptcy
Code
or
Section
4
of
the
UFTA
,
or
Section
5
of
the
UFCA
.