SUBORDINATION AGREEMENTSubordination Agreement • December 28th, 2007 • Accentia Biopharmaceuticals Inc • Pharmaceutical preparations • New York
This Subordination Agreement (this “Agreement”) is entered into as of the 10th day of December, 2007, by and among Accentia Biopharmaceuticals, Inc., a Florida corporation (the “Subordinated Lender”) and LV Administrative Services, Inc., a Delaware corporation, as administrative agent and collateral agent for the Creditor Parties (as defined in the Security Agreement referred to below) (the “Agent” and together with the Creditor Parties, the “Senior Lenders” and each, a “Senior Lender”). Unless otherwise defined herein, capitalized terms used herein shall have the meaning provided such terms in the Security Agreement referred to below.
AGREEMENT & CONSENTAgreement • December 28th, 2007 • Accentia Biopharmaceuticals Inc • Pharmaceutical preparations
WHEREAS reference is made to that certain Facility Credit Agreement dated August 16, 2005 from Hopkins Capital Group II, LLC (“HCGII”) to and for the benefit of Accentia Biopharmaceuticals, Inc., a Florida corporation (“Accentia”) (the “Facility Credit Agreement”); and
