INDEBTEDNESS OF OGIL

INDEBTEDNESS OF OGIL. INDEBTEDNESS OF OGIL Any indebtedness of OGIL whether as principal or as surety and whether solely or jointly with any other person or persons now or in future held by the Guarantor shall be subordinated to the indebtedness or liabilities of OGIL to PPL under the Documents. Such indebtedness of OGIL to the Guarantor, if PPL so requires, shall be paid over to PPL on account of the indebtedness or liabilities of OGIL to PPL but without reducing or affecting in any manner the Guarantor's liability... under this Guarantee until all monies and liabilities hereby guaranteed have been fully paid to PPL. View More