Common Contracts
2 similar Subordination Agreement contracts by Novitron International Inc
SUBORDINATION AGREEMENTSubordination Agreement • May 12th, 2003 • Novitron International Inc • Laboratory analytical instruments • Illinois
WHEREAS, GPSI Acquisition, Inc. and BioClinical Concepts, Inc. (collectively the "Borrowers"), are indebted to the Undersigned, as evidenced by a Credit Agreement, Security Agreement and Master Promissory Note in the face amount of $2,000,000.00, each dated as of July 1, 2002 (the "Junior Debt Instruments"), and will or may from time to time hereafter be otherwise indebted to the Undersigned in various sums;
SUBORDINATION AGREEMENTSubordination Agreement • May 12th, 2003 • Novitron International Inc • Laboratory analytical instruments • Illinois
WHEREAS, BioClinical Concepts, Inc. ("Borrower"), is indebted to the Undersigned, as evidenced by Promissory Demand Note dated August 31, 2002 in the amount of US $361,097.07 (the "Junior Debt Instruments"), and will or may from time to time hereafter be otherwise indebted to the Undersigned in various sums;
