Indebtedness of a Subsidiary of the Borrower owed to the Borrower or Subsidiary of the Borrower, which Indebtedness shall # in the case of Indebtedness owed to a Credit Party, constitute Collateral under the Collateral Agreement, # in the case of Indebtedness owed by a Credit Party to a Non-Guarantor Subsidiary shall be unsecured and if such Indebtedness is evidenced by a note or other written agreement, shall be subordinated to the Obligations on terms reasonably acceptable to the Administrative Agent and # be otherwise permitted under the provisions of [Section 9.2(c), (h) or (i)])])];
Indebtedness of a Subsidiary of the Borrower owed to the Borrower or Subsidiary of the Borrower, which Indebtedness shall # in the case of Indebtedness owed to a Credit Party, constitute "Collateral" under the Collateral Agreement, # in the case of Indebtedness owed by a Credit Party to a Non-Guarantor Subsidiary shall be unsecured and if such Indebtedness is evidenced by a note or other written agreement, shall be subordinated to the Obligations on terms reasonably acceptable to the Administrative Agent and # be otherwise permitted under the provisions of Section 9.2(c), (i) or (j);
Indebtedness of the Borrower to any Subsidiary and of any Subsidiary to the Borrower or any other Subsidiary; provided, that # Indebtedness of any Subsidiary that is not a Loan Party to the Borrower or to any Subsidiary that is a Loan Party shall be subject to Section 6.04 and # Indebtedness of a Loan Party to any Subsidiary that is not a Loan Party shall be subordinated to the Secured Obligations on terms reasonably satisfactory to the Administrative Agent;
Unsecured Indebtedness of a Subsidiary of the owed to the or a wholly-owned Subsidiary of the , which Indebtedness shall # to the extent required by the [[Administrative Agent:Organization]], be evidenced by promissory notes which shall be pledged to the [[Administrative Agent:Organization]] as Collateral for the Secured Obligations in accordance with the terms of the Security Agreement, # be on terms (including subordination terms) reasonably acceptable to the [[Administrative Agent:Organization]] and # be otherwise permitted under the provisions of [Section 7.03(c)] (“Intercompany Debt”);
Indebtedness of the Borrower or any Subsidiary owed to the Borrower or any Subsidiary to the extent permitted by [Section 6.04], provided that Indebtedness of any Loan Party owed to any Subsidiary that is not a Loan Party (the “Subordinated Intercompany Debt”) shall be subordinated to the Obligations on terms reasonably satisfactory to the Administrative Agent;
unsecured Debt of the Borrower or any Subsidiary owing to the Borrower or any other Subsidiary; provided that # any such Debt of any Loan Party owing to any Subsidiary that is not a Loan Party is subordinated to the obligations of such Loan Party hereunder on terms in form and substance reasonably acceptable to the Administrative Agent, # any such Debt of any Subsidiary that is not a Loan Party owing to a Loan Party is permitted under Section 6.05 and # if any such Debt of any Subsidiary that is not a Loan Party owing to a Loan Party is evidenced by a promissory note, such promissory note shall be pledged to the Administrative Agent for the benefit of the Secured Parties;
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