Contract2009 Intercreditor Agreement • August 4th, 2009 • Capital Growth Systems Inc /Fl/ • Services-business services, nec • New York
This 2009 INTERCREDITOR AGREEMENT (the “Agreement”) is made and effective as of July 31, 2009, by and among the holders of the Company’s Original Issue Discount Secured Convertible Debentures due March 2015 signatory hereto (the “March Creditors”), the holders of Capital Growth Systems, Inc.’s Original Issue Discount Secured Convertible Debentures Due November 2015 signatory hereto (the “November Creditors”), the holders of the Company’s VPP Debentures due November 2011 signatory hereto (the “VPP Creditors” and together with the March Creditors, the “Existing Creditors”) and the July Creditors (as defined below) (the Existing Creditors and the July Creditors are collectively referred to as the “Creditors”).
