Common use of Subordinated Debt Clause in Contracts

Subordinated Debt. If Borrower makes any payment on account of Subordinated Debt, except to the extent such payment is allowed under any subordination agreement entered into with Bank;

Appears in 196 contracts

Samples: Loan and Security Agreement (CNL Strategic Capital, LLC), Loan and Security Agreement (Star Mountain Lower Middle-Market Capital Corp), Loan and Security Agreement

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Subordinated Debt. If Borrower makes any payment on account of Subordinated Debt, except to the extent such the payment is allowed under any subordination agreement entered into with Bank;

Appears in 90 contracts

Samples: Loan and Security Agreement (NewAge, Inc.), Loan and Security Agreement (Thayer Ventures Acquisition Corp), Loan and Security Agreement (On24 Inc.)

Subordinated Debt. If Borrower makes any payment on account of ----------------- Subordinated Debt, except to the extent such payment is allowed under any subordination agreement entered into with Bank;

Appears in 30 contracts

Samples: Loan and Security Agreement (Jetfax Inc), Loan Modification Agreement (Quicklogic Corporation), Loan and Security Agreement (Curon Medical Inc)

Subordinated Debt. If a Borrower makes any payment on account of Subordinated Debt, except to the extent such payment is allowed under any subordination agreement entered into with Bank;

Appears in 12 contracts

Samples: Loan and Security Agreement (LDR Holding Corp), Loan and Security Agreement (Safeguard Scientifics Inc), Loan and Security Agreement (Safeguard Scientifics Inc)

Subordinated Debt. If any Borrower makes any payment on account of Subordinated Debt, except to the extent such the payment is allowed under any subordination agreement entered into with Bank;

Appears in 12 contracts

Samples: Loan and Security Agreement (IBEX LTD), Loan and Security Agreement, Loan and Security Agreement (IBEX LTD)

Subordinated Debt. If Borrower and/or its Subsidiaries makes any payment on account of Subordinated Debt, except to the extent such the payment is allowed under any subordination agreement entered into with Bank;

Appears in 8 contracts

Samples: Loan and Security Agreement (CS Disco, Inc.), Loan and Security Agreement (CS Disco, Inc.), Loan and Security Agreement (Augmedix, Inc.)

Subordinated Debt. If Borrower makes any payment on account of Subordinated Debt, except to the extent such the payment is allowed under any subordination agreement entered into with Bank;.

Appears in 7 contracts

Samples: Loan and Security Agreement (Salix Pharmaceuticals LTD), Loan and Security Agreement (Cea Acquisition Corp), Loan and Security Agreement (Unilens Vision Inc)

Subordinated Debt. If Borrower makes any payment on account of Subordinated Debt, except to the extent such the payment is allowed under any subordination agreement entered into with BankBank relating to such Subordinated Debt;

Appears in 6 contracts

Samples: Loan and Security Agreement (NTN Buzztime Inc), Loan and Security Agreement (NTN Buzztime Inc), Loan and Security Agreement (NTN Buzztime Inc)

Subordinated Debt. If Borrower or any of its Subsidiaries makes any payment on account of Subordinated Debt, except to the extent such payment is allowed under the terms of any subordination agreement entered into with Bank;

Appears in 6 contracts

Samples: Loan and Security Agreement (Bellicum Pharmaceuticals, Inc), Loan and Security Agreement (Bellicum Pharmaceuticals, Inc), Loan and Security Agreement (Upland Software, Inc.)

Subordinated Debt. If Borrower makes any payment on account of Subordinated Debt, except to the extent such payment is allowed under any subordination agreement entered into with BankLender;

Appears in 5 contracts

Samples: Loan and Security Agreement (Complete Genomics Inc), Loan and Security Agreement (Pc Quote Inc), Loan and Security Agreement (Ardent Software Inc)

Subordinated Debt. If a Borrower and/or its Subsidiaries makes any payment on account of Subordinated Debt, except to the extent such the payment is allowed under any subordination agreement entered into with Bank;

Appears in 3 contracts

Samples: Loan and Security Agreement (Limeade, Inc), Loan and Security Agreement (Everside Health Group, Inc.), Loan and Security Agreement (Cempra, Inc.)

Subordinated Debt. If a Borrower makes any payment on account of Subordinated Debt, except to the extent such the payment is allowed under any subordination agreement entered into with Bank;

Appears in 3 contracts

Samples: Loan and Security Agreement (Proteinsimple), Loan and Security Agreement (Auxilio Inc), Loan and Security Agreement (Jamdat Mobile Inc)

Subordinated Debt. If Borrower makes any payment on account of Subordinated Debt, except to the extent such payment is allowed under any subordination agreement entered into with Bank;; 8.8

Appears in 3 contracts

Samples: Loan and Security Agreement (Scientific Learning Corp), Loan and Security Agreement (Arthrocare Corp), Loan and Security Agreement (Consilium Inc)

Subordinated Debt. If Borrower makes any payment on account of Subordinated Debt, except to the extent such the payment is allowed under any subordination agreement entered into with BankLender;

Appears in 3 contracts

Samples: Loan and Security Agreement (Vuzix Corp), Assignment and Assumption Agreement (Lc Capital Master Fund LTD), Assignment and Assumption Agreement (Vuzix Corp)

Subordinated Debt. If Borrower makes any payment on account of Subordinated Debt, except to the extent such the payment is allowed under any subordination agreement entered into with BankBank or otherwise permitted by this Agreement;

Appears in 3 contracts

Samples: Loan, Guaranty and Security Agreement (Cinedigm Corp.), Guaranty and Security Agreement (Cinedigm Corp.), Loan, Guaranty and Security Agreement (Cinedigm Corp.)

Subordinated Debt. If Borrower or any Subsidiary makes any payment on account of Subordinated Debt, except to the extent such payment is allowed under any subordination agreement entered into with Bank;

Appears in 3 contracts

Samples: Loan and Security Agreement (Hie Inc), Loan and Security Agreement (Firstwave Technologies Inc), Loan and Security Agreement (Hie Inc)

Subordinated Debt. If Borrower makes any payment on account of Subordinated Debt, except to the extent such the payment is allowed under any subordination agreement entered into with Bank;.

Appears in 3 contracts

Samples: Loan and Security Agreement (Spectrum Global Solutions, Inc.), Loan and Security Agreement (MR2 Group, Inc.), Loan and Security Agreement (MR2 Group, Inc.)

Subordinated Debt. If any Borrower makes any payment on account of Subordinated Debt, except to the extent such payment is allowed under any subordination agreement entered into with Bank;

Appears in 3 contracts

Samples: Loan and Security Agreement (Rasterops), Loan and Security Agreement (Simione Central Holdings Inc), Loan and Security Agreement (Visual Networks Inc)

Subordinated Debt. If Borrower makes any payment on account of Subordinated Debt, except to the extent such the payment is allowed hereunder or under any subordination agreement entered into with Bank;.

Appears in 2 contracts

Samples: Loan and Security Agreement (Computer Software Innovations Inc), Loan and Security Agreement (Computer Software Innovations Inc)

Subordinated Debt. If Borrower makes any payment on account of Subordinated Debt, except to the extent such payment is required pursuant to the terms of such Subordinated Debt which Subordinated Debt has been approved by Bank or is allowed under any subordination agreement entered into with Bank;

Appears in 2 contracts

Samples: Subordination Agreement (Hybrid Networks Inc), Loan and Security Agreement (Ribogene Inc / Ca/)

Subordinated Debt. If Borrower and/or its Subsidiaries makes any payment on account of Subordinated Debt, except to the extent such the payment is allowed under any subordination agreement entered into with BankLender;

Appears in 2 contracts

Samples: Loan and Security Agreement (Roka BioScience, Inc.), Loan and Security Agreement (Roka BioScience, Inc.)

Subordinated Debt. If Borrower and/or any of its Subsidiaries makes any payment on account of Subordinated Debt, except to the extent such the payment is allowed under any subordination agreement entered into with Bank;

Appears in 2 contracts

Samples: Loan and Security Agreement (K2 Therapeutics, Inc.), Loan and Security Agreement (Adept Technology Inc)

Subordinated Debt. If any Borrower or any of its Subsidiaries makes any payment on account of Subordinated Debt, except to the extent such payment is allowed under the terms of any subordination agreement entered into with Bank;

Appears in 2 contracts

Samples: Loan and Security Agreement (Upland Software, Inc.), Loan and Security Agreement (Upland Software, Inc.)

Subordinated Debt. If any Borrower makes any payment on account of Subordinated Debt, except to the extent such the payment is allowed under any subordination agreement entered into with BankLender, in form and substance satisfactory to Lender;

Appears in 2 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Entrade Inc)

Subordinated Debt. If Borrower makes any payment on account of Subordinated Debt, except to the extent such the payment is allowed under any subordination agreement entered into with Bank;Bank relating to such Subordinated Debt.

Appears in 2 contracts

Samples: Loan and Security Agreement (Siebert Financial Corp), Loan and Security Agreement (Siebert Financial Corp)

Subordinated Debt. If a Borrower makes any payment on account of Subordinated Debt, except to the extent such payment is allowed under any subordination agreement entered into with BankAgent;

Appears in 2 contracts

Samples: Loan and Security Agreement (Aviza Technology, Inc.), Loan and Security Agreement (Nextg Networks Inc)

Subordinated Debt. If Borrower makes any payment on account of Subordinated Debt, except to the extent such payment is allowed under any subordination agreement entered into with Bank or otherwise consented to in writing by Bank;

Appears in 2 contracts

Samples: Loan and Security Agreement (Freeshop Com Inc), Intellectual Property Security Agreement (Uol Publishing Inc)

Subordinated Debt. If Borrower makes any payment on account of Subordinated Debt, except to the extent such payment is allowed under any subordination agreement entered into with BankAdministrative Agent;

Appears in 2 contracts

Samples: Loan and Security Agreement (Ubiquiti Networks, Inc.), Loan and Security Agreement (Ubiquiti Networks, Inc.)

Subordinated Debt. If Borrower makes any payment on account of Subordinated Debt, Debt except to the extent such payment is allowed under any subordination agreement entered into with Bank;

Appears in 2 contracts

Samples: Loan and Security Agreement (Maker Communications Inc), Loan and Security Agreement (Maker Communications Inc)

Subordinated Debt. If Borrower makes any payment on account of Subordinated Debt, except to the extent such payment is allowed under any subordination agreement entered into with Bank;; or

Appears in 2 contracts

Samples: Credit Agreement (Internet Capital Group Inc), Loan and Security Agreement (Pacific Ethanol, Inc.)

Subordinated Debt. If Borrower makes any payment on account of Subordinated Debt, except to the extent such payment is allowed herein or under any subordination agreement entered into with Bank;

Appears in 2 contracts

Samples: Loan and Security Agreement (Novatel Wireless Inc), Loan and Security Agreement (Novatel Wireless Inc)

Subordinated Debt. If Borrower makes any payment on account of Subordinated Debt, except to the extent such the payment is allowed under this Agreement or any subordination agreement entered into with Bank;

Appears in 2 contracts

Samples: Loan and Security Agreement (Align Technology Inc), Loan and Security Agreement (Align Technology Inc)

Subordinated Debt. If Borrower makes any payment on account of Subordinated Debt, except in compliance with the terms of such Subordinated Debt or except to the extent such the payment is allowed under any subordination agreement entered into with Bank;

Appears in 1 contract

Samples: Loan and Security Agreement (Biolase Technology Inc)

Subordinated Debt. If Borrower or any Guarantor makes any payment on account of Subordinated Debt, except to the extent such payment is allowed under any subordination agreement entered into with Bank;.

Appears in 1 contract

Samples: Revolving Loan and Security Agreement (Hall Kinion & Associates Inc)

Subordinated Debt. If Borrower or any Domestic Subsidiary makes any payment on account of Subordinated Debt, except to the extent such payment is allowed under any subordination agreement entered into with Bank;

Appears in 1 contract

Samples: Loan and Security Agreement (Focus Enhancements Inc)

Subordinated Debt. If Borrower makes Borrowers make any payment on account of ----------------- Subordinated Debt, except to the extent such payment is allowed under any subordination agreement entered into with Bank;.

Appears in 1 contract

Samples: Revolving Loan and Security Agreement (Iprint Technologies Inc)

Subordinated Debt. If Borrower makes any payment on account of Subordinated Debt, except to the extent such payment is allowed under under, any subordination agreement entered into with Bank;; 8.8

Appears in 1 contract

Samples: Loan and Security, Agreement (Jetfax Inc)

Subordinated Debt. If Borrower makes any payment on account of ----------------- Subordinated Debt, except to the extent such payment is allowed under any subordination agreement entered into with Bankor for the benefit of Lender;

Appears in 1 contract

Samples: Loan and Security Agreement (Snowball Com Inc)

Subordinated Debt. If either Borrower makes any payment on account of Subordinated Debt, except to the extent such the payment is allowed under any subordination agreement entered into with Bank;

Appears in 1 contract

Samples: Loan and Security Agreement (Pfsweb Inc)

Subordinated Debt. If Borrower makes any payment on account of Subordinated Debt, except to the extent such payment is allowed under in violation of any subordination agreement entered into with BankBank or the terms of any subordination provisions contained in any document or instrument evidencing such Subordinated Debt;

Appears in 1 contract

Samples: Loan and Security Agreement (At Home Corp)

Subordinated Debt. If Borrower makes Borrowers make any payment on account of Subordinated Debt, except to the extent such payment is allowed under any subordination agreement entered into with Bank;

Appears in 1 contract

Samples: Loan and Security Agreement (Virata Corp)

Subordinated Debt. If Borrower makes any payment on account of ----------------- Subordinated Debt, except to the extent such payment is allowed under any subordination agreement entered into with Bank or otherwise consented to in writing by Bank;

Appears in 1 contract

Samples: Loan and Security Agreement (Pointshare Corp)

Subordinated Debt. If Borrower makes any payment on account of Subordinated Debt, except to the extent such the payment is allowed under the terms of such Subordinated Debt or under any subordination agreement entered into with Bank;

Appears in 1 contract

Samples: Loan and Security Agreement (Orasure Technologies Inc)

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Subordinated Debt. If a Borrower makes any payment on account of Subordinated Debt, except to the extent such payment is allowed under any subordination agreement entered into with Bankor for the benefit of Lenders;

Appears in 1 contract

Samples: Loan and Security Agreement (Integrated Packaging Assembly Corp)

Subordinated Debt. If any Borrower and/or its Subsidiaries makes any payment on account of Subordinated Debt, except to the extent such the payment is allowed under any subordination agreement entered into with Bank;

Appears in 1 contract

Samples: Loan and Security Agreement (Warby Parker Inc.)

Subordinated Debt. If a Borrower and/or any of its Subsidiaries makes any payment on account of Subordinated Debt, except to the extent such the payment is allowed under any subordination agreement entered into with Bank;.

Appears in 1 contract

Samples: Loan Agreement (PointClickCare Corp.)

Subordinated Debt. If Borrower makes any payment on account of Subordinated Debt, except to the extent such payment is allowed under Section 7.9 hereof and under any subordination agreement entered into with Bank;

Appears in 1 contract

Samples: Loan and Security Agreement (Netgear Inc)

Subordinated Debt. If Borrower makes any payment on account of Subordinated Debt, except to the extent such the payment is allowed under any subordination agreement entered into with Bankterms applicable to such Subordinated Debt;

Appears in 1 contract

Samples: Loan and Security Agreement (Backblaze, Inc.)

Subordinated Debt. If Borrower makes any payment on account of Subordinated Debt, except to the extent such payment is allowed under any subordination agreement entered into with Bank;Lender.

Appears in 1 contract

Samples: Business Loan and Security Agreement (Iridex Corp)

Subordinated Debt. If any Borrower makes any payment on account of Subordinated Debt, except to the extent such the payment is allowed under any subordination agreement entered into with Bank;.

Appears in 1 contract

Samples: Loan and Security Agreement (Catasys, Inc.)

Subordinated Debt. If a Borrower makes any payment on account of Subordinated Debt, except to the extent such payment is allowed hereunder or under any subordination agreement entered into with Bank;

Appears in 1 contract

Samples: Loan and Security Agreement (Pac-West Telecomm Inc)

Subordinated Debt. If Borrower or any of its Subsidiaries makes any payment on account of Subordinated Debt, except to the extent such payment is allowed under any the terms of the subordination agreement entered into with BankBank in connection with such Subordinated Debt;

Appears in 1 contract

Samples: Loan and Security Agreement (Egain Communications Corp)

Subordinated Debt. If Borrower makes any payment on account of ---- ----------------- Subordinated Debt, except to the extent such payment is allowed under any subordination agreement entered into with Bank;

Appears in 1 contract

Samples: Loan and Security Agreement (Seachange International Inc)

Subordinated Debt. If Borrower makes any payment on account of ----------------- Subordinated Debt, except to the extent such payment is allowed under the Intercreditor Agreement or any subordination agreement entered into with Bank;

Appears in 1 contract

Samples: Loan and Security Agreement (Silicon Gaming Inc)

Subordinated Debt. If a Borrower makes any payment on account of Subordinated Debt, except to the extent such the payment is allowed under any subordination agreement entered into with BankCollateral Agent or any Lender;

Appears in 1 contract

Samples: Loan and Security Agreement (CareView Communications Inc)

Subordinated Debt. If Borrower makes any payment on ----------------- account of Subordinated Debt, except to the extent such payment is allowed under any subordination agreement entered into with Bank;

Appears in 1 contract

Samples: Loan and Security Agreement (Thermatrix Inc)

Subordinated Debt. If Borrower makes any payment on account of Subordinated Debt, except to the extent such the payment is allowed hereunder or under any subordination agreement entered into with Bank;

Appears in 1 contract

Samples: Loan and Security Agreement (Spy Optic Inc)

Subordinated Debt. If Borrower makes any payment on account of ----------------- Subordinated Debt, except to the extent such payment is allowed under any subordination agreement entered into with BankBank and except for payments on "Permitted Indebtedness";

Appears in 1 contract

Samples: Loan and Security Agreement (Verisity LTD)

Subordinated Debt. If Borrower makes any payment on account of Subordinated Debt, except to the extent such the payment is allowed under any subordination agreement entered into with BankLender relating to such Subordinated Debt;

Appears in 1 contract

Samples: Subordinated Term Loan and Security Agreement (Sonim Technologies Inc)

Subordinated Debt. If Borrower makes any payment on account of Subordinated Debt, except to the extent such payment is allowed under any subordination agreement entered into with Bank;.

Appears in 1 contract

Samples: Loan and Security Agreement (Iridex Corp)

Subordinated Debt. If Borrower makes any payment on account of Subordinated Debt, except to the extent such the payment is allowed under any subordination agreement entered into with Bank;; 8.9

Appears in 1 contract

Samples: Loan and Security Agreement

Subordinated Debt. If Borrower makes any payment on account of Subordinated Debt, except to the extent such payment is allowed under any subordination agreement entered into with Bankor for the benefit of Lenders;

Appears in 1 contract

Samples: Loan and Security Agreement (Integrated Packaging Assembly Corp)

Subordinated Debt. If Borrower makes any payment or payments which exceed $250,000 in the aggregate during the term of this Agreement on account of Subordinated Debt, except to the extent such payment is allowed under any subordination agreement entered into with Bank;

Appears in 1 contract

Samples: Loan and Security Agreement (Silicon Image Inc)

Subordinated Debt. If a Borrower makes any payment on account of Subordinated Debt, except to the extent such payment is allowed hereunder or under any subordination agreement entered into with BankLender or pursuant to the Exchange Offer described in Section 8.12 below;

Appears in 1 contract

Samples: Loan and Security Agreement (Pac-West Telecomm Inc)

Subordinated Debt. If Borrower makes any payment on account of Subordinated Debt, except to the extent such payment is allowed under any subordination agreement entered into with BankAgent;

Appears in 1 contract

Samples: Loan and Security Agreement (Ubiquiti Networks, Inc.)

Subordinated Debt. If any Borrower and/or any of its Subsidiaries makes any payment on account of Subordinated Debt, except to the extent such the payment is allowed under any subordination agreement entered into with Bank;

Appears in 1 contract

Samples: Loan and Security Agreement (Interpace Biosciences, Inc.)

Subordinated Debt. If a Borrower makes any payment on account of ----------------- Subordinated Debt, except to the extent such payment is allowed under any subordination agreement entered into with Bank;

Appears in 1 contract

Samples: Loan and Security Agreement (Ise Labs Inc)

Subordinated Debt. If Borrower makes any payment on account of Subordinated Debt, except to the extent such payment is allowed under the terms of such Subordinated Debt or any subordination agreement entered into with Bank;

Appears in 1 contract

Samples: Loan and Security Agreement (Vidamed Inc)

Subordinated Debt. If Borrower makes any payment on account of Subordinated Debt, except to the extent such the payment is allowed under any subordination agreement entered into with Bank;; or

Appears in 1 contract

Samples: Loan and Security Agreement (Zonare Medical Systems Inc)

Subordinated Debt. If Borrower makes any payment on account ----------------- of Subordinated Debt, except to the extent such payment is allowed under any subordination agreement entered into with Bank;

Appears in 1 contract

Samples: Loan and Security Agreement (Onsale Inc)

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