Bank Agreements. If the Company's senior creditor bank so requests, the Investors shall enter into an Intercreditor Agreement and Subordination Agreement with such bank, with respect to the Company's indebtedness obligations in favor of the Investors under the terms of the Note, with such terms and conditions to be reasonably satisfactory to the Investors.

Appears in 1 contract

Sources: Senior Subordinated Convertible Promissory Note and Warrant Purchase Agreement (Wand Partners Sc Inc)

Bank Agreements. If the Company's senior creditor bank so --------------- requests, the Investors shall enter into an Intercreditor Agreement and Subordination Agreement with such bank, with respect to the Company's indebtedness obligations in favor of the Investors under the terms of the Note, with such terms and conditions to be reasonably satisfactory to the Investors.

Appears in 1 contract

Sources: Senior Subordinated Convertible Promissory Note and Warrant Purchase Agreement (Information Management Associates Inc)

Common use of Bank Agreements Clause in Contracts