Common use of Reference Agreements Clause in Contracts

Reference Agreements. This Note is issued pursuant to the terms of the Merger Agreement and is subject to the terms and conditions thereof. This Note and payment hereof are subject to the terms of the Subordination Agreement. Anything contained in this Note to the contrary notwithstanding, in the event restrictions under the Subordination Agreement prevent payments of any amount due hereunder, such payments will be deferred until such restrictions are removed or otherwise cease to exist, and such deferral will not constitute an Event of Default hereunder. This Note is secured pursuant to the provisions of the Security Agreement.

Appears in 4 contracts

Samples: Promissory Note (Sphere 3D Corp), Promissory Note (Overland Storage Inc), Sphere 3D Corp

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