Common use of Non-Subordination Clause in Contracts

Non-Subordination. The obligations of Pledgor under this Agreement are not subordinated in any way to any other obligation of Pledgor or to the rights of any other Person, and Pledgor is not a party to or bound by any other agreement, document or instrument that otherwise relates to the Secured Obligations or any of the Lender Collateral (other than the Loan Documents).

Appears in 4 contracts

Samples: Pledge Agreement (Easy Gardener Products LTD), Pledge Agreement (Easy Gardener Products LTD), Pledge Agreement (Easy Gardener Products LTD)

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Non-Subordination. The obligations of the Pledgor under this Agreement are not subordinated in any way to any other obligation of the Pledgor or to the rights of any other Person, and Pledgor is not a party to or bound by any other agreement, document or instrument that otherwise relates to the Secured Obligations or any of the Lender Collateral (other than the Loan Documents)others.

Appears in 4 contracts

Samples: Pledge Agreement (Motient Corp), Pledge Agreement (Motient Corp), Share Pledge Agreement (Motient Corp)

Non-Subordination. The obligations of Pledgor under this Agreement are not subordinated in any way to any other obligation of Pledgor or to the rights of any other Person, and Pledgor is not a party to or bound by any other agreement, document or instrument that otherwise relates to the Secured Obligations or any of the Lender Collateral (other than the Loan Documents and the Subordinated Loan Documents).

Appears in 4 contracts

Samples: Securities Pledge Agreement (Global Employment Holdings, Inc.), Securities Pledge Agreement (Global Employment Holdings, Inc.), Securities Pledge Agreement (Global Employment Holdings, Inc.)

Non-Subordination. The Except as set forth in Section 2.3, the obligations of Pledgor under this Agreement are not subordinated in any way to any other obligation of Pledgor or to the rights of any other Person, and Pledgor is not a party to or bound by any other agreement, document or instrument that otherwise relates to the Secured Obligations or any of the Lender Collateral (other than the Loan Documents).

Appears in 2 contracts

Samples: Pledge Agreement (Easy Gardener Products LTD), Pledge Agreement (Easy Gardener Products LTD)

Non-Subordination. The Except to the extent required by applicable law, the obligations of Pledgor under this Agreement are not subordinated in any way to any other obligation of Pledgor or to the rights of any other Person, and Pledgor is not a party to or bound by any other agreement, document or instrument that otherwise relates to the Secured Obligations or any of the Lender Collateral (other than the Loan Documentsthis Agreement).

Appears in 1 contract

Samples: Pledge Agreement (Transatlantic Petroleum Ltd.)

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Non-Subordination. The obligations of the Pledgor under this Agreement are not subordinated in any way to any other obligation of the Pledgor or to the rights of any other Personothers, and Pledgor is not a party to or bound by any other agreement, document or instrument that otherwise relates to except as provided in the Secured Obligations or any of the Lender Collateral (other than the Loan Documents)Agency Agreement.

Appears in 1 contract

Samples: Subordinate Share Pledge Agreement (Motient Corp)

Non-Subordination. The Except to the extent required by applicable law, the obligations of Pledgor under this Agreement are not subordinated in any way to any other obligation of Pledgor or to the rights of any other Person, and Pledgor is not a party to or bound by any other agreement, document or instrument that otherwise relates to the Secured Obligations or any of the Lender Collateral (other than the Loan Documents or as permitted by the Loan Documents).

Appears in 1 contract

Samples: Pledge Agreement (Evolving Systems Inc)

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