Subordination of Claims. Subordinate any present or future claim against or obligation of another Person, except as ordered in a bankruptcy or similar creditors' remedy proceeding of such other Person.
Appears in 10 contracts
Samples: Loan Agreement (PCD Inc), Loan Agreement (Conley Canitano & Associates Inc), Loan Agreement (Summit Design Inc)
Subordination of Claims. Subordinate If there exists an Event of Default or Potential Default, subordinate or permit to be subordinated any present or future claim against or obligation of another Person, except as ordered in a bankruptcy or similar creditors' remedy proceeding of such other Person.
Appears in 5 contracts
Samples: Credit Agreement (Ipalco Enterprises, Inc.), Note Purchase and Covenants Agreement (Ipalco Enterprises, Inc.), Credit Agreement (Ipalco Enterprises, Inc.)
Subordination of Claims. Subordinate any present or -------------- ----------------------- future claim against or obligation of another Person, except as ordered in a bankruptcy or similar creditors' remedy proceeding of such other Person.
Appears in 4 contracts
Samples: Loan Agreement (Boron Lepore & Associates Inc), Loan Agreement (Talentpoint Inc), Loan Agreement (Somera Communications Inc)
Subordination of Claims. Subordinate If there exists an Event of Default or Default, subordinate or permit to be subordinated any present or future claim against or obligation of another Person, except as ordered in a bankruptcy or similar creditors' remedy proceeding of such other Person.
Appears in 3 contracts
Samples: Assignment Agreement (Ipalco Enterprises Inc), Credit Agreement (Ipalco Enterprises, Inc.), Credit Agreement (Ipalco Enterprises Inc)
Subordination of Claims. Subordinate or permit to be subordinated any present or future claim against or obligation of another Person, except as ordered in a bankruptcy or similar creditors' remedy proceeding of such other Person.
Appears in 3 contracts
Samples: Loan Agreement, Loan Agreement (Valley Resources Inc /Ri/), Loan Agreement (Galaxy Telecom Lp)
Subordination of Claims. Subordinate If there exists an Event of Default or Potential Default, subordinate or permit to be subordinated any present or future claim against or obligation of another Person, except as ordered in a bankruptcy or similar creditors' β remedy proceeding of such other Person.
Appears in 2 contracts
Samples: Term Loan Agreement (Ipalco Enterprises, Inc.), Credit Agreement (Ipalco Enterprises, Inc.)
Subordination of Claims. Subordinate If there exists an Event of Default or Potential Default, subordinate or permit to be subordinated any present or future claim against or obligation of another Person, except as ordered in a bankruptcy or similar creditors' β remedy proceeding of such other Person.. (m)
Appears in 1 contract
Subordination of Claims. Subordinate any present or ------------ ----------------------- future claim against or obligation of another Person, except as ordered in a bankruptcy or similar creditors' remedy proceeding of such other Person.
Appears in 1 contract
