Continuing Subordination; Termination of Agreement. This is a continuing agreement of subordination and the Senior Secured Parties may continue, at any time and without notice to any of the Subordinated Parties, to extend credit or other financial accommodations and loan monies to, or for the benefit of, the Debtors on the faith hereof.
Appears in 3 contracts
Samples: Intercreditor and Subordination Agreement (AG Mortgage Investment Trust, Inc.), Intercreditor and Subordination Agreement (AG Mortgage Investment Trust, Inc.), Intercreditor and Subordination Agreement (AG Mortgage Investment Trust, Inc.)
Continuing Subordination; Termination of Agreement. This is a continuing agreement of subordination and the Senior Secured Parties Creditor may continue, at any time and without notice to any of the Subordinated PartiesJunior Creditors, to extend credit or other financial accommodations and loan monies to, to or for the benefit of, of the Debtors Borrowers on the faith hereof. This Agreement shall remain in full force and effect until the Senior Debt has been Paid in Full, after which this Agreement shall terminate without further action on the part of the parties hereto.
Appears in 2 contracts
Samples: Intercreditor Agreement (Prentice Capital Management, LP), Intercreditor Agreement (RHO Ventures VI LP)
