Common use of Transfer of Subordinated Debt Clause in Contracts

Transfer of Subordinated Debt. No Creditor may assign or transfer its rights and obligations in respect of the Subordinated Debt without the prior written consent of Agent, and any such transferee or assignee, as a condition to acquiring an interest in the Subordinated Debt shall agree to be bound hereby, in form satisfactory to Agent.

Appears in 1 contract

Samples: Credit Agreement (Advent Software Inc /De/)

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Transfer of Subordinated Debt. No Creditor Except as expressly permitted under the Credit Agreement, no Company Entity may assign or transfer its rights and obligations in respect of the Subordinated Debt without the prior written consent of Agent, Administrative Agent and any such transferee or assignee, as a condition to acquiring an interest in the Subordinated Debt Debt, shall agree to be bound hereby, in form and substance reasonably satisfactory to Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Arc Document Solutions, Inc.)

Transfer of Subordinated Debt. No Creditor Company may assign or transfer its rights and obligations in respect of the Subordinated Debt without the prior written consent of the Collateral Agent, and any such transferee or assignee, as a condition to acquiring an interest in the Subordinated Debt shall agree to be bound hereby, in form satisfactory to the Collateral Agent.

Appears in 1 contract

Samples: Securities Purchase Agreement (Olympus Pacific Minerals Inc)

Transfer of Subordinated Debt. No Creditor Except as otherwise permitted by the Credit Agreement, no Company may assign or transfer its rights and obligations in respect of the Subordinated Debt without the prior written consent of Agent, and any such transferee or assignee, as a condition to acquiring an interest in the Subordinated Debt shall agree to be bound hereby, in form satisfactory to Agent.

Appears in 1 contract

Samples: Intercompany Subordination Agreement (American Commercial Lines Inc.)

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Transfer of Subordinated Debt. No Creditor Except as expressly permitted under the Credit Agreement, no Company Entity may assign or transfer its rights and obligations in respect of the Subordinated Debt without the prior written consent of Agent, Agent and any such transferee or assignee, as a condition to acquiring an interest in the Subordinated Debt Debt, shall agree to be bound hereby, in form and substance reasonably satisfactory to Agent.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Arc Document Solutions, Inc.)

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