Effect of Default. Default in any payment hereunder, including the payment of interest, shall not accelerate the maturity hereof except as herein specifically provided, and the obligation to make payment shall remain subordinate as herein above set forth.
Appears in 15 contracts
Samples: Revolving Note and Cash Subordination Agreement (Cohen & Co Inc.), Revolving Note and Cash Subordination Agreement (Cohen & Co Inc.), Paymaster Agreement (Cohen & Co Inc.)
Effect of Default. Default in any payment hereunder, including the payment of interest, shall not accelerate the maturity hereof except as herein specifically provided, and the obligation to make payment shall remain subordinate subordinated as herein above set forth.
Appears in 5 contracts
Samples: Subordinated Loan Agreement (National Discount Brokers Group Inc), Subordinated Loan Agreement (Piper Jaffray Companies), Piper Jaffray Companies
Effect of Default. Default in any payment hereunder, including the payment of interest, shall not accelerate the maturity hereof except as herein specifically provided, and the obligation to make payment shall remain subordinate subordinated as herein above hereinabove set forth.
Appears in 2 contracts
Samples: Revolving Note and Cash Subordination Agreement (Thomas Weisel Partners Group, Inc.), Cash Subordination Agreement Agreement (Advest Group Inc)
