Common use of Subordination of Remedies Clause in Contracts

Subordination of Remedies. Until the Senior Discharge Date, [Subordinated Lender] will not accelerate the maturity of all or any portion of the Subordinated Debt, exercise any remedy with respect to the Collateral, or take any other Enforcement Action with respect to the Subordinated Debt.

Appears in 3 contracts

Samples: Term Loan Agreement (Exagen Diagnostics Inc), Term Loan Agreement (Exagen Diagnostics Inc), Term Loan Agreement (Exagen Diagnostics Inc)

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Subordination of Remedies. Until the Senior Discharge Date, [Subordinated Lender] Creditor will not accelerate the maturity of all or any portion of the Subordinated Debt, exercise any remedy with respect to the Collateral, or take any other Enforcement Action with respect to the Subordinated Debt.

Appears in 1 contract

Samples: Term Loan Agreement (Nevro Corp)

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