Intercreditor, Subordination, Default Waiver and Assignment Agreement Sample Contracts

INTERCREDITOR, SUBORDINATION, DEFAULT WAIVER AND ASSIGNMENT AGREEMENT

Intercreditor, Subordination, Default Waiver and Assignment Agreement • September 14th, 2007 • Voip Inc • Telephone & telegraph apparatus • New York

• Contract Type
  Intercreditor, Subordination, Default Waiver and Assignment Agreement
• Filed
  September 14th, 2007
• Company
  Voip Inc
• Industry
  Telephone & telegraph apparatus
• Jurisdiction
  New York

THIS INTERCREDITOR, SUBORDINATION, DEFAULT WAIVER AND ASSIGNMENT AGREEMENT, dated as of September 12, 2007 (this “Agreement”), is by and among VoIP Inc. (“Borrower”), Centurion Microcap, L.P., Alpha Capital Anstalt, Ellis International, Ltd., Bristol Investment Fund, Ltd. (“Bristol”) and Whalehaven Capital Fund, Ltd. (“Assignees”), the parties identified on Schedule A hereto (“Secured Lenders”) and Barbara R. Mittman, in her capacity as collateral agent for the benefit of the Secured Lenders (each a “Party” and collectively the “Parties”).