Subordinated Debt Standstill Provisions. Until the Senior Debt has been indefeasibly paid in full and all commitments to lend under the Senior Debt Documents have terminated, the Subordinated Creditor shall not, without the prior written consent of the Senior Agent, take any Enforcement Action, except as provided in the following sentence. Upon the earliest to occur of:
Appears in 2 contracts
Samples: Subordination Agreement, Subordination Agreement (SOCIAL REALITY, Inc.)
Subordinated Debt Standstill Provisions. Until the Senior Debt has been indefeasibly paid is Paid in full and all commitments to lend under the Senior Debt Documents have terminatedFull, the no Subordinated Creditor shall notshall, without the prior written consent of the Senior Agent, Creditor take any Enforcement Action, except as provided in Action with respect to the following sentence. Upon the earliest to occur of:Subordinated Debt.
Appears in 2 contracts
Samples: Subordination and Intercreditor Agreement (Medite Cancer Diagnostics, Inc.), Subordination and Intercreditor Agreement (Medite Cancer Diagnostics, Inc.)
Subordinated Debt Standstill Provisions. Until the Senior Debt has been indefeasibly paid is Paid in full and all commitments to lend under the Senior Debt Documents have terminatedFull, the no Subordinated Creditor shall notshall, without the prior written consent of the Senior Agent, take any Enforcement Action, except as provided in Action with respect to the following sentence. Upon the earliest to occur of:Subordinated Debt.
Appears in 1 contract
Subordinated Debt Standstill Provisions. Until the Senior Debt has been indefeasibly paid is Paid in full and all commitments to lend under the Senior Debt Documents have terminatedFull, the no Subordinated Creditor shall notshall, without the prior written consent of the Senior AgentCreditor, take any Enforcement Action, except as provided in Action with respect to the following sentence. Upon the earliest to occur of:Subordinated Debt.
Appears in 1 contract
Samples: Subordination and Intercreditor Agreement (JRjr33, Inc.)
Subordinated Debt Standstill Provisions. Until the Senior Debt has been indefeasibly paid in full is Indefeasibly Paid and all commitments to lend under the Senior Debt Documents have shall be terminated, the no Subordinated Creditor shall notshall, without the prior written consent of the Senior Agent, take any Enforcement Action, except as provided in Action with respect to the following sentence. Upon the earliest to occur of:Subordinated Debt.
Appears in 1 contract
Samples: Loan Agreement (Keystone Consolidated Industries Inc)
