Common Contracts

Contract

Subordination Agreement • March 12th, 2023 • California

• Contract Type
  Subordination Agreement
• Filed
  March 12th, 2023
• Jurisdiction
  California

THE INDEBTEDNESS REPRESENTED BY THIS NOTE IS EXPRESSLY SUBORDINATED TO THE CLAIMS OF SILICON VALLEY BANK, OR ANY SUCCESSOR BANK THERETO, INCLUDING, WITHOUT LIMITATION, DEPOSIT INSURANCE NATIONAL BANK OF SANTA CLARA (“BANK”) PURSUANT TO A SUBORDINATION AGREEMENT DATED AS OF MARCH __, 2023 BY AND AMONG THE HOLDER OF THIS NOTE AND THE BANK (THE “SUBORDINATION AGREEMENT”). ANY ASSIGNMENT OF THIS NOTE SHALL BE SUBJECT TO THE SUBORDINATION AGREEMENT.