Lien Subordination. Any Lien of Holder, whether now or hereafter existing in connection with the amounts due under this Note, on any assets or property of the Company or any proceeds or revenues therefrom which Holder may have at any time as security for any amounts due and obligations under this Note shall be subordinate to all Liens now or hereafter granted to a holder of Senior Indebtedness by the Company or by law, notwithstanding the date, order or method of attachment or perfection of any such Lien or the provisions of any applicable law.
Appears in 5 contracts
Samples: Note Agreement, Note Agreement (Ritter Pharmaceuticals Inc), Note Agreement (Ritter Pharmaceuticals Inc)
Lien Subordination. Any Lien of Holder, whether now or hereafter existing in connection with the amounts due under this Note, on any assets or property of the Company or any proceeds or revenues therefrom which Holder may have at any time as security for any amounts due and obligations under this Note shall be subordinate to all Liens now or hereafter granted to a holder of Senior Indebtedness by the Company or by law, notwithstanding the date, order or method of attachment or perfection of any such Lien or the provisions of any applicable law.
Appears in 4 contracts
Samples: Note Purchase and Line of Credit Agreement (Sunpower Corp), Note Purchase and Line of Credit Agreement (Sunpower Corp), Note Purchase and Line of Credit Agreement (Sunpower Corp)
Lien Subordination. Any Lien of Holder, whether now or hereafter existing in connection with the amounts due under this Note, on any assets or property of the Company Maker or any proceeds or revenues therefrom which Holder may have at any time as security for any amounts due and obligations under this Note shall be subordinate to all Liens now or hereafter granted to a holder of the Senior Indebtedness Lender by the Company or by lawMaker, notwithstanding the date, order or method of attachment or perfection of any such Lien or the provisions of any applicable lawLien.
Appears in 2 contracts
Samples: Settlement Agreement (Hemosense Inc), Settlement Agreement (Hemosense Inc)
Lien Subordination. Any Lien of Holder, whether now or hereafter ------------------ existing in connection with the amounts due under this Note, on any assets or property of the Company or any proceeds or revenues therefrom which Holder may have at any time as security for any amounts due and obligations under this Note shall be subordinate to all Liens now or hereafter granted to a holder of Senior Indebtedness by the Company or by law, notwithstanding the date, order or method of attachment or perfection of any such Lien or the provisions of any applicable law.
Appears in 1 contract
Samples: Note and Stock Purchase Agreement (Horizon Organic Holding Corp)
Lien Subordination. Any Lien lien of Holder, whether now or hereafter existing in connection with the amounts due under this Note, on any assets or property of the Company or any proceeds or revenues therefrom which Holder may have at any time as security for any amounts due and obligations under this Note shall be subordinate to all Liens liens now or hereafter granted to a holder of Senior Indebtedness by the Company or by lawCompany, notwithstanding the date, order or method of attachment or perfection of any such Lien lien or the provisions of any applicable law.
Appears in 1 contract
Samples: Convertible Note Agreement (Tile Shop Holdings, Inc.)
Lien Subordination. Any Lien lien of Holder, whether now or hereafter existing in connection with the amounts due under this Note, on any assets or property of the Company or any Subsidiary or any proceeds or revenues therefrom which Holder may have at any time as security for any amounts due and obligations under this Note shall be subordinate to all Liens liens now or hereafter granted to a holder of Senior Indebtedness by the Company or by law, notwithstanding the date, order or method of attachment or perfection of any such Lien lien or the provisions of any applicable law.
Appears in 1 contract
Samples: Subordinated Contingent Secured Promissory Note (Emrise CORP)
Lien Subordination. Any Lien of the Holder, whether now or hereafter existing in connection with the amounts due under this Note, on any assets or property of the Company or any proceeds or revenues therefrom which the Holder may have at any time as security for any amounts due and obligations under this Note shall be subordinate to all Liens now or hereafter granted to a holder of Senior Indebtedness by the Company or by law, notwithstanding the date, order or method of attachment or perfection of any such Lien or the provisions of any applicable law.
Appears in 1 contract