Subordinated Creditors. (i) any Subordinated Creditor commits any breach of or omits to observe any of the obligations or undertakings expressed to be assumed by it under a Deed of Subordination and in respect of any such breach or omission which, in the opinion of the Agent (acting on the instructions of the Majority Banks (acting reasonably)) is capable of remedy, such action as the Agent may require shall not have been taken within 21 days of the Agent notifying such Subordinated Creditor thereof and of such required action; or
Subordinated Creditors. (a) Until the Final Discharge Date:
Subordinated Creditors. (a) The Borrowers may request that any person becomes a Subordinated Creditor, with the prior approval of the Facility Agent, by delivering to the Facility Agent:
Subordinated Creditors. PRINTWORKS SERIES E LLC, Delaware Limited Liability Company By: /s/ Yxxxxx Xxxxxxxx Name: Yxxxxx Xxxxxxxx Title: Managing Member BATTERY VENTURES VII, L.P., a Delaware Limited Partnership By: Battery Partners VII, LLC Its: General Partner By: /s/ Txxxxx X. Xxxxxx Name: Txxxxx X. Xxxxxx Title: Member Manager BATTERY INVESTMENT PARTNERS VII, LLC, a Delaware Limited Liability Company By: Battery Partners VII, LLC Its: Manager By: /s/ Txxxxx X. Xxxxxx Name: Txxxxx X. Xxxxxx Title: Member Manager THE COMPANY: MRU HOLDINGS, INC., a Delaware corporation By: /s/ Vxxxxx Xxxx Name: Vxxxxx Xxxx Title: Co-President COLLATERAL AGENT: VIKING ASSET MANAGEMENT L.L.C. in its capacity as collateral agent for Buyers By: /s/ S. Mxxxxxx Xxxxxxx Name: S. Mxxxxxx Xxxxxxx Title: Chief Financial Officer BUYERS: LONGVIEW MARQUIS MASTER FUND, L.P., a British Virgin Islands limited partnership By: Viking Asset Management, LLC Its: Investment Manager By: /s/ S. Mxxxxxx Xxxxxxx Name: S. Mxxxxxx Xxxxxxx Title: Chief Financial Officer
Subordinated Creditors. In any Insolvency Proceeding involving an Obligor:
Subordinated Creditors. The Borrower shall not make any payment to any Subordinated Creditor (as defined in the Subordination Agreement), except as permitted pursuant to the terms of the Subordination Agreement.
Subordinated Creditors. Each Subordinated Creditor hereby undertakes with the Security Agent and the Debtors that, notwithstanding any provision of any of the Subordinated Agreements, it will not at any time during the Finance Period directly or indirectly (and will not permit any of its Subsidiaries to) without the prior written consent of the Security Agent save in respect of a Permitted Payment in accordance with this Agreement and save as in accordance with clause 2.6 (Excluded Amounts) and clause 5.2 (Assignments and transfers of Subordinated Liabilities):
Subordinated Creditors. Assignment of Subordinated Debt entered or to be entered into between the Security Agent and the Subordinated Creditors.
Subordinated Creditors. Upon the prior satisfaction in full of all Class 4 Allowed General Unsecured Claims, including the FPFG Intercompany Claim, a Beneficiary who is a Class 5 Subordinated Creditor shall receive on a Distribution Date its share of Creditor Cash based on such Beneficiary's Subordinated Creditor Cash Sharing Ratio until such Beneficiary's Class 5 Allowed Subordinated Claim is paid in full with interest.
Subordinated Creditors. Promptly upon receipt thereof, copies of all communications between Borrower and any Subordinated Creditors."
