Common use of Bank Restructuring Clause in Contracts

Bank Restructuring. ComVest Venture Partners, L.P. or the Company, as its assignee, shall have completed the acquisition of the debt and shares of preferred stock held by Bank of America, N.A (collectively, the "BOA Debt") and the BOA Debt shall have been restructured on terms acceptable to the Company and the Placement Agent.

Appears in 5 contracts

Samples: Private Placement Subscription Agreement (Priddy Robert L), Private Placement Subscription Agreement (Comdial Corp), Private Placement Subscription Agreement (Comdial Corp)

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