SUBORDINATION AND STANDSTILL AGREEMENTSubordination and Standstill Agreement • July 30th, 2020
WHEREAS pursuant to a commitment letter dated ● from the Senior Lender to ● (the “Borrower”) (the “Senior Commitment Letter”), the Senior Lender has agreed to make available to the Borrower a loan in the maximum principal amount of $● (the “Senior Loan”) which Senior Loan is secured by, among other things, a mortgage of the lands and premises described in Schedule A attached hereto (the “Property”) and all present and after-acquired personal property of the Borrower and ● (the “Guarantors”, collectively the Borrower and the Guarantors, the “Covenantors” and each a “Covenantor”). The Senior Loan and all existing and future indebtedness and other obligations and liabilities relating to or arising from the Property owing by the Covenantors to the Senior Lender pursuant to the Senior Commitment Letter, from time to time, shall be referred to as the “Senior Indebtedness”, and the security in respect of the Property and/or the Proceeds (as hereinafter defined), including all amendments, repl
RECITALSSubordination and Standstill Agreement • October 13th, 2006 • Biophan Technologies Inc • Surgical & medical instruments & apparatus • New York
PGRT EQUITY LLC (Second Lender) to WELLS FARGO BANK, N.A., as trustee for the registered holders of COBALT CMBS COMMERCIAL MORTGAGE TRUST 2006-C1, COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2006-C1 (First Lender) AMENDED AND RESTATED...Subordination and Standstill Agreement • March 20th, 2007 • Prime Group Realty Trust • Real estate investment trusts • Illinois
THIS AMENDED AND RESTATED SUBORDINATION AND STANDSTILL AGREEMENT (this “Agreement”), executed on December 28, 2006, but to be effective as of December 29, 2006, is made by PGRT EQUITY LLC, a Delaware limited liability company (hereinafter referred to as the “Second Lender”), for the benefit of WELLS FARGO BANK, N.A., as trustee for the registered holders of COBALT CMBS COMMERCIAL MORTGAGE TRUST 2006-C1, COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2006-C1 (hereinafter referred to as the “First Lender”).
Prepared by and Return to: Buchanan Ingersoll & Rooney PC 1835 Market Street, 14th Floor Philadelphia, PA 19103 Attn: Frederick H. Masters, Esq. Telephone: 215.665.8700Subordination and Standstill Agreement • May 5th, 2020
INTERCREDITOR, SUBORDINATION AND STANDSTILL AGREEMENT THIS INTERCREDITOR, SUBORDINATION AND STANDSTILL AGREEMENT (this “Agreement”) is made and entered into as of October 15, 2008, by NL INDUSTRIES, INC., a New Jersey corporation (“NL”) and NL ENVIRONMENTAL MANAGEMENT SERVICES, INC., a New Jersey Corporation (“NL EMS”, and together with NL, jointly and severally, the “NL Companies”); and BANK OF AMERICA, N.A., a national banking association (“Administrative Agent”) on behalf of itself and the other financial institutions, now or hereinafter, party to the Loan Agreement (as defined below) (together with Administrative Agent collectively, the “Banks”); and acknowledged and consented to by SAYREVILLE SEAPORT ASSOCIATES, L.P., a Delaware limited partnership (“Borrower”) and J. BRIAN O'NEILL. R E C I T A L S: A. The Banks have extended a loan (the “Bank Loan”) to Borrower in the amount of Seventy Million Dollars ($70,000,000.00) evidenced by those certain mortgage notes in the aggregate amo
Subordination and Standstill AgreementSubordination and Standstill Agreement • June 5th, 2019 • American Superconductor Corp /De/ • Motors & generators • Massachusetts
THIS FIRST AMENDMENT TO Intercreditor, Subordination and Standstill Agreement (this “Amendment”) made as of the 28th day of March, 2019, by and between EAST BOSTON SAVINGS BANK (hereafter “Senior Lender”), with a principal place of business at 67 Prospect Street, Peabody, Massachusetts 01960 and ASC DEVENS LLC, a Delaware limited liability company (hereafter the “Junior Lender”), with a place of business at 114 East Main Street, Ayer, Massachusetts 01432.
THIS NOTE IS SUBJECT TO A SUBORDINATION AND STANDSTILL AGREEMENT DATED AS OF MAY 1, 1997, AMONG EMERITUS PROPERTIES V, INC., HIGH YIELD PARTNERS, LLC, AND FLEET NATIONAL BANK. BY ITS ACCEPTANCE OF THIS NOTE, THE HOLDER HEREOF AGREES TO BE BOUND BY THE...Subordination and Standstill Agreement • July 14th, 1997 • Emeritus Corp\wa\ • Services-nursing & personal care facilities
6. CONTINUING EFFECT. This Agreement shall constitute a continuing agreement of subordination, and the Bank may, without notice to or consent by the Creditor, modify any term of the Senior Debt in reliance upon this Agreement. Without limiting the...Subordination and Standstill Agreement • March 31st, 1997 • Stratford American Corp • Services-auto rental & leasing (no drivers) • California
SUBORDINATION AND STANDSTILL AGREEMENTSubordination and Standstill Agreement • October 20th, 2009 • Midas Medici Group Holdings, Inc. • Services-management consulting services • Utah
THIS SUBORDINATION AND STANDSTILL AGREEMENT (this “Agreement”) is made as of October 14, 2009, by and between PROFICIO BANK, a Utah corporation (“Lender”), and the Bruce R. Robinson Trust under agreement dated March 27, 2006, Jon Brock, an individual, Robert C. Bellemare, an individual, and Knox Lawrence International, LLC, a Delaware limited liability company (each, a “Junior Creditor” and together the “Junior Creditors”).
SUBORDINATION AND STANDSTILL AGREEMENT September 26, 2016Subordination and Standstill Agreement • October 11th, 2016 • Adcare Health Systems, Inc • Services-skilled nursing care facilities • Illinois
Borrower: Comstock Homebuilding Companies, Inc. Noteholder/Lender: Stonehenge Funding, LC. (Lender or Noteholder). Guarantors: In consideration of Stonehenge entering into this agreement and modifying the terms of the JP Morgan Note, CHCI hereby...Subordination and Standstill Agreement • March 31st, 2010 • Comstock Homebuilding Companies, Inc. • Operative builders • Virginia
THIS SUBORDINATION AND STANDSTILL AGREEMENT (this “Agreement”) is made this _______ day of December, 2009, by and among COMSTOCK HOMEBUILDING COMPANIES, INC., a Delaware corporation (“Guarantor”), KEYBANK NATIONAL ASSOCIATION, a national banking association (“KeyBank”), individually and as agent for itself and the Senior Lenders (as hereinafter defined) (“Agent”), and STONEHENGE FUNDING, LC, a Virginia limited liability company (“Subordinate Lender”).
Prepared by and after recording return to:Subordination and Standstill Agreement • January 27th, 2005 • Emeritus Corp\wa\ • Services-nursing & personal care facilities • Texas
Exhibit 4.21 SUBORDINATION AND STANDSTILL AGREEMENT -------------------------------------- This Agreement is made as of this the 25th day of March, 1999, among FINOVA CAPITAL CORPORATION, a Delaware corporation ("Senior Lender"), and M-Wave, Inc., a...Subordination and Standstill Agreement • April 12th, 2000 • Espos Inc • Arizona
