Common use of Subordinated Loan Default Clause in Contracts

Subordinated Loan Default. An event of default has occurred under the Subordinated Loan Documentation or the Subordination Agreement or any party to the Subordination Agreement (other than Agent) attempts to terminate, challenges the validity of, or its obligations under, such Subordination Agreement, or any Subordination Agreement shall cease to be in full force and effect; or

Appears in 3 contracts

Samples: Revolving Credit and Security Agreement (Green Plains Inc.), Revolving Credit and Security Agreement (Green Plains Inc.), Revolving Credit and Security Agreement (Green Plains Renewable Energy, Inc.)

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Subordinated Loan Default. An event of default has occurred under the Subordinated Loan Documentation or the Subordination Agreement or any party to the Subordination Agreement (other than Agent) attempts to terminate, challenges the validity of, or its obligations under, such Subordination Agreement, or any Subordination Agreement shall cease to be in full force and effect; or.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Green Plains Renewable Energy, Inc.)

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