Common use of Subordinated Debt Standstill Provisions Clause in Contracts

Subordinated Debt Standstill Provisions. (a) Until the Senior Debt is Paid in Full, Subordinated Agent and Subordinated Creditors shall not, without the prior written consent of Senior Agent, take any Collection Action with respect to the Subordinated Debt until the earliest to occur of the following and in any event no earlier than ten days after Senior Agent’s receipt of written notice of Subordinated Agent’s intention to take any such Collection Action:

Subordinated Debt Standstill Provisions. (a) Until the Senior Debt is Paid in Full, Subordinated Agent and the Subordinated Creditors shall not, without the prior written consent of Senior Agent, take any Collection Enforcement Action with respect to the Subordinated Debt Debt, until the earliest to occur of the following and in any event no earlier than ten five (5) days after Senior Agent’s receipt of written notice of Subordinated Agent’s Creditors’ intention to take any such Collection Action:Enforcement Action (each, a “Standstill Period”):

Subordinated Debt Standstill Provisions. (a) Until the Senior Debt is Paid in Full, Subordinated Agent and Subordinated Creditors Creditor shall not, without the prior written consent of Senior AgentLender, take any Collection Action with respect to the Subordinated Debt until the earliest to occur of the following and in any event no earlier than ten (10) days after Senior AgentXxxxxx’s receipt of written notice of Subordinated AgentCreditor’s intention to take any such Collection Action: