Common use of Agreement to Subordinate Clause in Contracts

Agreement to Subordinate. The Company, for itself, its successors and assigns, covenants and agrees, and each Holder of Subordinated Notes by the Holder’s acceptance thereof, likewise covenants and agrees, that the payment of the principal of and interest on each and all of the Subordinated Notes is and will be expressly subordinated in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 45 contracts

Samples: Indenture (Investar Holding Corp), Indenture (Midland States Bancorp, Inc.), California Bancorp (California BanCorp)

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Agreement to Subordinate. The Company, for itself, its successors and assigns, covenants and agrees, and each Holder of Subordinated Notes Securities by the Holder’s his acceptance thereof, likewise covenants and agrees, that the payment of the principal of (and interest premium, if any) and interest, if any, on each and all of the Subordinated Notes Securities is hereby expressly subordinated, to the extent and will be expressly subordinated in the manner hereinafter set forth, in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 17 contracts

Samples: CION Investment Corp, Indenture (Suro Capital Corp.), Indenture (GSV Capital Corp.)

Agreement to Subordinate. The Company, for itself, its successors and assigns, covenants and agrees, and each Holder of Subordinated Notes Debt Securities by the Holder’s acceptance thereof, likewise covenants and agrees, that the payment of the principal of and interest on each and all of the Subordinated Notes Debt Securities is and will be expressly subordinated in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 4 contracts

Samples: Indenture (City Holding Co), Indenture (City Holding Co), Indenture (City Holding Co)

Agreement to Subordinate. The Company, for itself, its successors and assigns, covenants and agrees, and each Holder of Subordinated Notes a Security, by the Holder’s its acceptance thereof, likewise covenants and agrees, that the payment of the principal of and interest on each and all of the Subordinated Notes Securities is hereby expressly subordinated, to the extent and will be expressly subordinated in the manner hereinafter in this Article Fourteen set forth, in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 2 contracts

Samples: Max USA Holdings Ltd., Alterra Finance LLC

Agreement to Subordinate. The Company, for itself, its successors and assigns, covenants and agrees, and each Holder of Subordinated Notes by the Holder’s acceptance thereof, likewise covenants and agrees, that the payment of the principal of and interest on each and all of the Subordinated Notes is and will be expressly subordinated in right of payment to the prior payment in full of all Senior Indebtedness, whether outstanding at the date of this Indenture or thereafter incurred.

Appears in 2 contracts

Samples: Indenture (Green Bancorp, Inc.), Indenture (Green Bancorp, Inc.)

Agreement to Subordinate. The Company, for itself, its successors and assigns, covenants and agrees, and each Holder of Subordinated Notes by the Holder’s acceptance thereof, likewise covenants and agrees, that the payment of the principal of and interest on each and all of the Subordinated Notes is and will be expressly subordinated in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 1 contract

Samples: Indenture (Level One Bancorp Inc)

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Agreement to Subordinate. The Company, for itself, its successors and assigns, covenants and agrees, and each Holder of Subordinated Notes a Note by the Holder’s his acceptance thereof, likewise covenants and agrees, that the payment or delivery of the principal of and interest on each and all of the Subordinated Notes is hereby expressly subordinated, to the extent and will be expressly subordinated in the manner hereinafter set forth, in right of payment or delivery to the prior payment or satisfaction in full of all Senior Indebtedness.

Appears in 1 contract

Samples: Indenture (Citizens Banking Corp)

Agreement to Subordinate. The Company, for itself, itself and its successors and assigns, covenants and agrees, and each Holder of Subordinated Notes by the Holder’s acceptance thereof, thereof likewise covenants and agrees, that the payment of the principal of and interest on each and all of the Subordinated Notes is and will be expressly subordinated in right of payment to the prior payment in full of all Senior Indebtedness.. Section 11.02

Appears in 1 contract

Samples: Reliant Bancorp, Inc.

Agreement to Subordinate. (a) The Company, for itself, its successors and assigns, Company covenants and agrees, and each Holder of Subordinated Notes a Note, by the Holder’s his acceptance thereof, likewise covenants and agrees, that the payment of the principal of and interest on each the Notes and all of other amounts payable pursuant to this Note Indenture are hereby expressly subordinated, subject and junior, to the Subordinated Notes is extent and will be expressly subordinated in the manner hereinafter set forth, in right of payment to the prior payment in full of all Senior Indebtedness.

Appears in 1 contract

Samples: Indenture (Timberwest Forest Corp)

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