Common use of Subordination; Subordination Agreement Clause in Contracts

Subordination; Subordination Agreement. The Contingent Notes shall be subordinate and junior in right of payment to certain senior indebtedness pursuant to a subordination agreement (the "Subordination Agreement "), by and among AmeriPath's senior lenders and each of the holders of promissory notes of AmeriPath. As a condition to AmeriPath's obligations under the Contingent Notes, the Sellers agree to execute and deliver appropriate documents and agreements evidencing the subordination of the Contingent Notes to such senior indebtedness of AmeriPath.

Appears in 1 contract

Samples: Stock Purchase Agreement (Ameripath Inc)

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Subordination; Subordination Agreement. The Contingent Notes Note shall be subordinate and junior in right of payment to certain senior indebtedness pursuant to a subordination agreement attached hereto as EXHIBIT 7.9 (the "Subordination Agreement SUBORDINATION AGREEMENT"), by and among AmeriPath's senior lenders and each of the holders of promissory notes of AmeriPath. As a condition to AmeriPath's obligations under the Contingent NotesNote, the Sellers agree to execute and deliver appropriate documents and agreements evidencing the subordination of the Contingent Notes to such senior indebtedness of AmeriPath.each Holder agrees

Appears in 1 contract

Samples: Asset Purchase Agreement (Ameripath Inc)

Subordination; Subordination Agreement. The Contingent Notes Note shall be subordinate and junior in right of payment to certain senior indebtedness pursuant to a the attached subordination agreement attached hereto as Exhibit 7.10 (the "Subordination Agreement Agreement"), by and among AmeriPath's senior lenders and each of the holders of promissory notes of AmeriPath. As a condition to AmeriPath's obligations under the Contingent NotesNote, the Sellers agree Seller agrees to execute and deliver appropriate documents and agreements evidencing the subordination of the Contingent Notes Note to such senior indebtedness of AmeriPath.

Appears in 1 contract

Samples: Stock Purchase Agreement (Ameripath Inc)

Subordination; Subordination Agreement. The Contingent Notes shall be subordinate and junior in right of payment to certain senior indebtedness pursuant to a subordination agreement (the "Subordination Agreement Agreement"), by and among AmeriPath's senior lenders and each of the holders of promissory notes of AmeriPath. As a condition to AmeriPath's obligations under the Contingent Notes, the Sellers agree to execute and deliver appropriate documents and agreements evidencing the subordination of the Contingent Notes to such senior indebtedness of AmeriPath.

Appears in 1 contract

Samples: Stock Purchase Agreement (Ameripath Inc)

Subordination; Subordination Agreement. The Contingent Notes shall be subordinate and junior in right of payment to certain senior indebtedness pursuant to a subordination agreement (the "Subordination Agreement Agreement"), by and among AmeriPath's senior lenders and each of the holders of promissory notes of AmeriPathSellers. As a condition to AmeriPath's obligations under the Contingent Notes, the Sellers agree each Seller agrees to execute and deliver appropriate documents and agreements evidencing the subordination of the Contingent Notes to such senior indebtedness of AmeriPath.

Appears in 1 contract

Samples: Stock Purchase Agreement (Ameripath Inc)

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Subordination; Subordination Agreement. The Contingent Notes shall be subordinate and junior in right of payment to certain senior indebtedness pursuant to a subordination agreement attached hereto as Exhibit 7.11 (the "Subordination Agreement Agreement"), by and among AmeriPath's senior lenders and each of the holders of promissory notes of AmeriPath. As a condition to AmeriPath's obligations under the Contingent Notes, the Sellers agree each Holder agrees to execute and deliver appropriate documents and agreements evidencing the subordination of the Contingent Notes to such senior indebtedness of AmeriPath.

Appears in 1 contract

Samples: Stock Purchase Agreement (Ameripath Inc)

Subordination; Subordination Agreement. The Contingent Notes shall be subordinate and junior in right of payment to certain senior indebtedness pursuant to a subordination agreement agreement, to be dated as of the Closing Date (the "Subordination Agreement SUBORDINATION AGREEMENT"), by and among AmeriPath's , its Subsidiaries, senior lenders and each of the holders of promissory notes of AmeriPathSellers. As a condition to AmeriPath's obligations under the Contingent Notes, the Sellers agree each Seller agrees to execute and deliver appropriate documents and agreements evidencing the subordination of the Contingent Notes to such senior indebtedness of AmeriPath.

Appears in 1 contract

Samples: Stock Purchase Agreement (Ameripath Inc)

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