Common Contracts
2 similar Subordination Agreement contracts by AMERICAN POWER GROUP Corp
SUBORDINATION AGREEMENTSubordination Agreement • February 1st, 2017 • AMERICAN POWER GROUP Corp • Engines & turbines • Iowa
THIS SUBORDINATION AGREEMENT (this “Subordination Agreement”) is entered into as of January 27, 2017, among IOWA STATE BANK (“Senior Lender”), the parties who have executed this Agreement as “Junior Lenders”, together with such additional parties who may execute a counterpart signature page hereto (collectively, “Junior Lenders”), and AMERICAN POWER GROUP CORPORATION (“APGC”) and AMERICAN POWER GROUP, INC. (“APGI”). Hereinafter, all references to the “Company” shall be understood to refer to both APGC and APGI as individual entities, consistent with fully protecting the security interests of the Senior Lender.
SUBORDINATION AGREEMENTSubordination Agreement • June 4th, 2015 • AMERICAN POWER GROUP Corp • Engines & turbines • Iowa
THIS SUBORDINATION AGREEMENT (this “Subordination Agreement”) is entered into as of June 2, 2015, among IOWA STATE BANK (“Senior Lender”), ARROW, LLC, SMC EMPLOYEES PARTNERSHIP, ASSOCIATED PRIVATE EQUITY, SET CAPITAL HOLDINGS, LLC AND CHADDS FORD, LLC, and such additional parties who may execute a counterpart signature page hereto (collectively, “Junior Lenders”), and AMERICAN POWER GROUP CORPORATION (“APGC”) and AMERICAN POWER GROUP, INC. (“APGI”). Hereinafter, all references to the “Company” shall be understood to refer to both APGC and APGI as individual entities, consistent with fully protecting the security interests of the Senior Lender.
