Examples of Master Subordination Agreement in a sentence
The Liens in the Collateral granted herein are subordinated to the Liens in the Collateral granted to CapitalSource in the manner and to the extent set forth in the Master Subordination Agreement.
Concurrently with the termination of the Master Subordination Agreement, CapitalSource shall deliver all Control Collateral to Seller.
This Agreement may be terminated by any Purchaser, as to such Purchaser’s obligations hereunder only and without any effect whatsoever on the obligations between the Company and the other Purchasers, by written notice to the other parties, if the Closing has not been consummated on or before April 21, 2006; provided, however, that no such termination will affect the right of any party to sxx for any breach by the other party (or parties).
Sellers shall have delivered fully executed versions of the First Amendment and Second Amendment to the Master Subordination Agreement, the preferred stock certificate in favor of Xxxxxx required by the Transaction Documents and such other fully executed Transaction Documents as Xxxxxx has requested Borrower to deliver prior to the Closing Date as were required to have been delivered in connection with the closing of the Master Subordination Agreement.
Purchaser shall not make prepayments on any existing or future Indebtedness to any Person other than (i) to Capital Source in accordance with the terms of the Credit Agreement, (ii) to Seller subject to the terms of the Master Subordination Agreement, or (iii) to the Debenture Holder subject to the terms of the Junior Subordination Agreement or (iv) to the extent specifically permitted by this Agreement or any subsequent agreement between Purchaser and Seller.