Subordinations. Borrower shall provide Lender with debt subordination agreements, in form and substance satisfactory to Lender, executed by Borrower and any Person who is an officer, director, member, manager or Affiliate of Borrower to whom Borrower is or hereafter becomes indebted for borrowed money.
Appears in 3 contracts
Samples: Loan and Security Agreement (Better Choice Co Inc.), Loan and Security Agreement (Total Apparel Group , Inc.), Loan and Security Agreement (United American Healthcare Corp)
Subordinations. Borrower shall provide Provide Lender with a debt subordination agreementsagreement, in form and substance satisfactory to Lender, executed by Borrower and any Person who is an officer, director, member, manager director or Affiliate of Borrower to whom Borrower is or hereafter becomes indebted for borrowed moneyMoney Borrowed, subordinating in right of payment and claim all of such Indebtedness to the full and final payment and performance of the Obligations.
Appears in 1 contract
Subordinations. Each Borrower shall provide Lender with debt subordination agreements, in form and substance satisfactory to Lender, executed by Borrower Borrowers and any Person who is an officer, director, member, manager or Affiliate of Borrower Borrowers to whom any Borrower is or hereafter becomes indebted for borrowed money.
Appears in 1 contract
Samples: Loan and Security Agreement (Vita Food Products Inc)
Subordinations. Borrower shall provide Provide Lender with a debt subordination agreementsagreement, in form and substance satisfactory to Lender, executed by Borrower and any Person who is an officer, director, member, manager director or Affiliate of Borrower to whom Borrower is or hereafter becomes indebted for borrowed moneyMoney Borrowed, subordinating in right of payment and claim all of such Indebtedness and any future advances thereon to the full and final payment and performance of the Obligations.
Appears in 1 contract
Samples: Loan and Security Agreement (Lowrance Electronics Inc)