Qualified Subordinated Contract. 8.1 In the event of bankruptcy, the Crowd-investor irrevocably subordinates his claims arising from this Subordinated loan to the order of priority of all claims of other present and future creditors (other than creditors who are also crowd-investors). The Crowd-investor may not seek satisfaction of his claims arising from this Subordinated loan above, but only on coequal terms with any restitution claims of shareholders of the Company.
Appears in 7 contracts
Samples: wordpress-upload-conda-bucket-xbg8r4800mm5.s3.eu-central-1.amazonaws.com, Vertrag Über Eine Beteiligung Am Unternehmenserfolg in Form Eines Partiarischen Nachrangdarlehens Contract for Participation in Business Success in the Form of a Subordinated Loan, Vertrag Über Eine Beteiligung Am Unternehmenserfolg in Form Eines Partiarischen Nachrangdarlehens Contract for Participation in Business Success in the Form of a Subordinated Loan
