Common use of Non-Subordination Clause in Contracts

Non-Subordination. The payment and performance of the Obligations by Loan Parties are not subordinated in any way to any other obligations of such Loan Parties or to the rights of any other Person.

Appears in 12 contracts

Samples: Credit Agreement (Biolase, Inc), Credit Agreement (Acer Therapeutics Inc.), Credit Agreement (Acer Therapeutics Inc.)

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Non-Subordination. The payment and performance of the Obligations by Loan Parties are not subordinated in any way to any other obligations of such Loan Parties or to the rights of any other Person, other than pursuant to any Intercreditor Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Misonix Inc), Credit Agreement (New Misonix, Inc.)

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