Common use of Subordination Agreements Clause in Contracts

Subordination Agreements. If a breach or default shall occur with respect to any subordination agreement executed by any creditor of Borrower (including any Affiliate), or if any said agreement shall otherwise terminate or cease to have legal effect; or

Appears in 5 contracts

Sources: Loan Agreement (First Franklin Financial Corp), Loan and Security Agreement (Display Technologies Inc), Loan and Security Agreement (Display Technologies Inc)

Subordination Agreements. If a breach or default shall occur ------------------------ with respect to any subordination agreement executed by any creditor of Borrower (including any Affiliate), or if any said agreement shall otherwise terminate or cease to have legal effect; or

Appears in 3 contracts

Sources: Loan and Security Agreement (Display Technologies Inc), Loan and Security Agreement (Color Imaging Inc), Loan and Security Agreement (Color Imaging Inc)

Subordination Agreements. If a breach or default shall occur with respect to any subordination agreement executed by any creditor of Borrower (including any Affiliate)) who is required by this Agreement to execute a subordination agreement, or if any said agreement shall otherwise terminate or cease to have legal effect; or

Appears in 1 contract

Sources: Loan Agreement (Levitt Corp)

Subordination Agreements. If a breach or default beyond all applicable grace periods shall occur with respect to any subordination agreement executed by any creditor of any Borrower (including any Affiliate), or if any said agreement shall otherwise terminate or cease to have any legal effect; or

Appears in 1 contract

Sources: Loan and Security Agreement (Innotrac Corp)

Subordination Agreements. If a breach or default shall occur with respect to any subordination agreement executed by any creditor of Borrower Borrowers (including any Affiliate), or if any said agreement shall otherwise terminate or cease cause to have legal effect; or

Appears in 1 contract

Sources: Loan Agreement (Kimmins Corp/De)

Subordination Agreements. If a breach or default shall occur with respect to any subordination agreement executed by any creditor of Borrower (including any Affiliate), or if any said such agreement shall otherwise terminate or cease to have legal effect; or.

Appears in 1 contract

Sources: Construction Loan Agreement (Tropical Sportswear International Corp)

Subordination Agreements. If a breach or default shall occur with respect to any subordination agreement hereafter executed by any creditor of Borrower (including any Affiliate), or if any said agreement shall otherwise terminate or cease to have legal effect; or

Appears in 1 contract

Sources: Loan and Security Agreement (Color Imaging Inc)

Subordination Agreements. If a breach or default shall occur with respect to any subordination agreement executed by any creditor of Borrower any Obligor (including any Affiliate), or if any said agreement shall otherwise terminate or cease to have legal effect; or

Appears in 1 contract

Sources: Loan and Security Agreement (Crown Andersen Inc)

Subordination Agreements. If a breach or default shall occur with respect to any required subordination agreement executed by any creditor of Borrower in favor of Bank (including any Affiliate), or if any said agreement shall otherwise terminate or cease to have legal effect; or

Appears in 1 contract

Sources: Loan Agreement (Levitt Corp)