Payment of Subordinated Debt. Borrower shall not make any payment upon any outstanding indebtedness which is subordinated to the Lender.
Appears in 10 contracts
Samples: Loan Agreement (Anaren Inc), Loan Agreement (Pinnacle Data Systems Inc), Loan Agreement (Pinnacle Data Systems Inc)
Payment of Subordinated Debt. Borrower shall not make any payment upon any outstanding indebtedness Indebtedness which is subordinated to the LenderBank, except as otherwise expressly authorized by the Bank in such subordination.
Appears in 1 contract
Samples: Credit Loan Agreement (Heartland Payment Systems Inc)
Payment of Subordinated Debt. Borrower shall not make any payment upon any outstanding indebtedness which is subordinated to the Lender.Lender in violation of the terms of any applicable subordination agreement or terms of subordination applicable thereto
Appears in 1 contract
Samples: Loan Agreement (Mod Pac Corp)
