Subordinated Debt Payments. Borrower makes any payment on account of indebtedness which has now or hereafter been subordinated to the Obligations, except to the extent such payment is allowed under any subordination agreement entered into with BACC;
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Samples: Loan and Security Agreement (Drinks Americas Holdings, LTD), Loan and Security Agreement (Reeds Inc), Loan and Security Agreement (Icx Electronics Inc)
Subordinated Debt Payments. Borrower makes any payment on account of indebtedness which that has now or hereafter been contractually subordinated in right of payment to the payment of the Obligations, except to the extent such payment is allowed under any permitted by the terms of the subordination agreement entered into with BACCapplicable to such indebtedness;
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Samples: Loan and Security Agreement (International Food & Beverage Inc /De/), Loan and Security Agreement (Star Scientific Inc), Loan and Security Agreement (Annies Homegrown Inc)
Subordinated Debt Payments. Borrower makes any payment on account of indebtedness which has now or hereafter been subordinated to the Obligations, except to the extent such payment is allowed under any subordination agreement entered into with BACCLender;
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Samples: Loan and Security Agreement (Optical Cable Corp), Loan and Security Agreement (Corporate Resource Services, Inc.)
Subordinated Debt Payments. Borrower or any Guarantor makes any payment on account of indebtedness which has now or hereafter been subordinated to the Obligations, except to the extent such payment is allowed under any subordination agreement entered into with BACCLender;
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Subordinated Debt Payments. Borrower makes any payment on account of indebtedness which has now or hereafter been subordinated to the Obligationsany Subordinated Indebtedness, except to the extent such payment is made in compliance with the terms of the this Agreement and is allowed under any subordination agreement entered into with in favor of BACC;
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Subordinated Debt Payments. Any Borrower or any Guarantor makes any payment on account of indebtedness which has now or hereafter been subordinated to the Obligations, except to the extent such payment is allowed under any subordination agreement entered into with BACCLender;
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