Senior Financing. At the Issuers' request, the Purchasers shall negotiate in good faith with any successor to SVB and the SVB Facility to execute and deliver reasonable and customary documentation required to subordinate (on reasonable and customary terms) the right of the Purchasers to receive payments of cash from the Company with respect to their New Debentures.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Exchange Applications Inc), Securities Purchase Agreement (Insight Venture Partners Iv Lp), Securities Purchase Agreement (Kruttschnitt Theodore H Iii)
Senior Financing. At the Issuers' request, the Purchasers shall negotiate in good faith with any successor to SVB and the SVB Facility to execute and deliver reasonable and customary documentation required to subordinate (on reasonable and customary terms) the right of the Purchasers to receive payments of cash from the Company with respect to their New Convertible Debentures.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Insight Capital Partners Iv Lp), Securities Purchase Agreement (Exchange Applications Inc)
