Common use of Non-Subordination Clause in Contracts

Non-Subordination. The Notes shall never be in a position subordinate to any indebtedness owing to any other creditor of the Borrower.

Appears in 3 contracts

Samples: Loan Agreement (ASTROTECH Corp \WA\), Loan Agreement (America West Resources, Inc.), Loan Agreement (America West Resources, Inc.)

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Non-Subordination. The Notes shall never be in a position subordinate to any indebtedness owing to any other creditor of any of the BorrowerObligated Parties.

Appears in 1 contract

Samples: Loan Agreement (America West Resources, Inc.)

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