SUBORDINATION AND LIMITED RECOURSE. 11.1 The parties hereby agree that the Subordinated Loan shall be subordinated to all other amounts payable ranking higher in the CBC Priority of Payments or, after the service of an CBC Acceleration Notice, the Post CBC Acceleration Priority of Payments.
Appears in 5 contracts
Samples: Subordinated Loan Agreement, Subordinated Loan Agreement, Subordinated Loan Agreement
SUBORDINATION AND LIMITED RECOURSE. 11.1 11.1. The parties hereby agree that the Subordinated Loan shall be subordinated to all other amounts payable ranking higher in the CBC Priority of Payments or, after the service of an CBC Acceleration Notice, the Post CBC Acceleration Priority of Payments.
Appears in 1 contract
Samples: Loan Agreement
