Common use of Subordination Absolute Clause in Contracts

Subordination Absolute. The Lender’s right to enforce each and every provision hereunder, and the obligations of the Borrower and Standby Creditor arising under this Agreement are absolute and shall not be affected by any subsequent modification, extension, amendment or release of any of the Obligations or any discharge of any other party liable for the Obligations, or any release, exchange or substitution of any collateral securing the Obligations from time to time.

Appears in 5 contracts

Samples: Subordination and Standby Agreement (Castellum, Inc.), Subordination and Standby Agreement (Castellum, Inc.), Subordination and Standby Agreement (Castellum, Inc.)

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