Common use of Transfer of Subordinated Debt Clause in Contracts

Transfer of Subordinated Debt. The Creditor may not assign or transfer its rights and obligations under the Note Purchase Agreement or the Subordinated Note or any interest in the Subordinated Debt or any collateral therefor without the prior written consent of the Required Secured Parties, and any such transferee or assignee, as a condition to acquiring the Subordinated Note or interest in the Subordinated Debt or collateral shall agree to be bound hereby, in form satisfactory to the Collateral Agent and the

Appears in 1 contract

Samples: Subordination Agreement (Domaines Barons De Rothschild /Lafite/)

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Transfer of Subordinated Debt. The Creditor may not assign or transfer its rights and obligations under the Note Purchase [__________ Agreement or the the] Subordinated Note or any interest in the Subordinated Debt or any collateral therefor Creditor Collateral without the prior written consent of the Required Secured PartiesMajority Banks, and any such transferee or assignee, as a condition to acquiring the Subordinated Note or interest in the Subordinated Debt or collateral Creditor Collateral shall agree to be bound hereby, in form satisfactory to the Collateral Agent and theAgent.

Appears in 1 contract

Samples: Credit Agreement (Mentor Graphics Corp)

Transfer of Subordinated Debt. The No Creditor may not assign or transfer its rights and obligations under the Note Purchase Agreement or the Subordinated Note or any interest in respect of the Subordinated Debt or any collateral therefor without the prior written consent of the Required Secured PartiesPurchaser, and any such transferee or assignee, as a condition to acquiring the Subordinated Note or an interest in the Subordinated Debt or collateral shall agree to be bound hereby, in form satisfactory to the Collateral Agent and thePurchaser.

Appears in 1 contract

Samples: Intercompany Subordination Agreement (Butler International Inc /Md/)

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Transfer of Subordinated Debt. The Creditor may not assign or transfer its rights and obligations under the Note Purchase Agreement or the Subordinated Note or any interest in the Subordinated Debt or any collateral therefor Creditor Collateral without the prior written consent of the Required Secured PartiesLender, and any such transferee or assignee, as a condition to acquiring the Subordinated Note or interest in the Subordinated Debt or collateral Creditor Collateral shall agree to be bound hereby, in form satisfactory to the Collateral Agent and theLender.

Appears in 1 contract

Samples: Intercreditor Agreement (Solar Power, Inc.)

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