Common Contracts
2 similar Creditor Subordination Agreement contracts by Teamstaff Inc
CREDITOR SUBORDINATION AGREEMENTCreditor Subordination Agreement • August 15th, 2011 • Teamstaff Inc • Services-help supply services • Georgia
This Creditor Subordination Agreement (the “Agreement”) is made and entered into by Wynnefield Partners SmallCap Value, LP (the “Creditor”), TeamStaff Government Solutions, Inc., a Georgia corporation (the “Borrower”), and TeamStaff, Inc., a New Jersey corporation (the “Guarantor”), for the benefit of Presidential Financial Corporation, a Georgia corporation, and its successors and assigns (“Lender”).
CREDITOR SUBORDINATION AGREEMENTCreditor Subordination Agreement • August 15th, 2011 • Teamstaff Inc • Services-help supply services • Georgia
This Creditor Subordination Agreement (the “Agreement”) is made and entered into by Wynnefield Partners SmallCap Value, LP I (the “Creditor”), TeamStaff Government Solutions, Inc., a Georgia corporation (the “Borrower”), and TeamStaff, Inc., a New Jersey corporation (the “Guarantor”), for the benefit of Presidential Financial Corporation, a Georgia corporation, and its successors and assigns (“Lender”).
