SUBORDINATION AGREEMENT between SPD Silicon Valley Bank Co., Ltd. and Partners for Growth IV, L.P. Borrower: BORQS Hong Kong Limited Guarantor: BORQS International Holding CorpSubordination Agreement • September 14th, 2018 • Borqs Technologies, Inc. • Services-computer integrated systems design • California
Contract Type FiledSeptember 14th, 2018 Company Industry JurisdictionThis Subordination Agreement (this “Agreement”) dated August 15, 2016, is between Partners for Growth IV, L.P., a Delaware limited partnership (“Creditor”), and SPD Silicon Valley Bank Co., Ltd., a PRC banking institution (“SSVB”).
SUBORDINATION AGREEMENT between SPD Silicon Valley Bank Co., Ltd. and Partners for Growth V, L.P. Borrower: BORQS Hong Kong Limited Guarantor: BORQS International Holding CorpSubordination Agreement • July 2nd, 2018 • Borqs Technologies, Inc. • Services-computer integrated systems design • California
Contract Type FiledJuly 2nd, 2018 Company Industry JurisdictionThis Subordination Agreement (this “Agreement”) is dated April 30, 2018 and by and between Partners for Growth V, L.P., a Delaware limited partnership (“Creditor”), and SPD Silicon Valley Bank Co., Ltd., a PRC banking institution (“SSVB”), and is acknowledged by Creditor’s affiliate, Partners for Growth IV, L.P. (the “Prior Fund”) for purposes of Section 17 hereof.