Examples of Subordination Letter in a sentence
Notwithstanding anything to the contrary, each Payee acknowledges and agrees that its rights, benefits and remedies and the exercise thereof are subject to the terms and provisions of the Collateral Agency and Intercreditor Agreement dated as of the date hereof among the Payee, the other Purchasers, Insight and the other parties thereto and the Subordination Letter Agreement dated as of the date hereof among SVB and the Purchasers.
Notwithstanding anything to the contrary, each Payee acknowledges and agrees that its rights, benefits and remedies and the exercise thereof are subject to the terms and provisions of the Collateral Agency and Intercreditor Agreement dated as of the date hereof among the Payee, Insight and the other parties thereto and the Subordination Letter Agreement dated as of the date hereof among SVB, Insight and the other parties thereto.
A consulting agreement between Jxxxxx Xxxx and the Holding Company in form and substance reasonably satisfactory to the Required Lenders, as may be amended, modified or supplemented from time to time in accordance with the terms of this Credit Agreement, which agreement and Consulting Fees payable thereunder have been subordinated pursuant to the Consulting Fee Subordination Letter.
In addition, the undersigned Banks direct the Agent to execute and deliver the Subordination Letter in the form attached hereto as Exhibit A.
The Administrative Agent shall have received the Subordination Letter (in form and substance satisfactory to the Administrative Agent and RRI) duly executed by all the parties contemplated thereby.