Subordination of Certain Indebtedness. Borrower shall cause any indebtedness of Borrower to any member, manager or other Affiliate of Borrower or to Guarantor to be subordinated to the Obligations by the execution and delivery to Administrative Agent of a Subordination of Debt Agreement, on the form prescribed by Administrative Agent and certified by the manager of Borrower to be true and complete and in full force and effect.
Appears in 2 contracts
Samples: Warehousing Credit and Security Agreement (Walker & Dunlop, Inc.), Warehousing Credit and Security Agreement (Walker & Dunlop, Inc.)
Subordination of Certain Indebtedness. Borrower shall cause Cause any indebtedness of Borrower for borrowed money to any partner or Affiliate or any member, manager shareholder, director or other officer of any partner or Affiliate of Borrower or to Guarantor Borrower, to be subordinated to the Obligations by the execution and delivery to Administrative Credit Agent of a Subordination of Debt Agreement, on the form prescribed by Administrative Agent and Credit Agent, certified by the manager corporate secretary of the Borrower to be true and complete and in full force and effect.
Appears in 2 contracts
Samples: Warehousing Credit and Security Agreement (Walker & Dunlop, Inc.), Mortgage Warehousing Credit and Security Agreement (Walker & Dunlop, Inc.)
Subordination of Certain Indebtedness. Borrower shall cause Cause any indebtedness of either Borrower for borrowed money to any partner or Affiliate or any member, manager shareholder, director or other officer of any partner or Affiliate of Borrower or to Guarantor such Borrower, to be subordinated to the Obligations by the execution and delivery to Administrative Credit Agent of a Subordination of Debt Agreement, on the form prescribed by Administrative Agent and Credit Agent, certified by the manager corporate secretary of the applicable Borrower to be true and complete and in full force and effect.
Appears in 1 contract
Samples: Warehousing Credit and Security Agreement (Walker & Dunlop, Inc.)
Subordination of Certain Indebtedness. Borrower shall cause Cause any indebtedness of Borrower to any membershareholder, manager director, officer or other Affiliate of Borrower or to Guarantor Borrower, to be subordinated to the Obligations by the execution and delivery to Administrative Agent Lender of a Subordination of Debt Agreement, on the form prescribed by Administrative Agent and Lender, certified by the manager corporate secretary of Borrower to be true and complete and in full force and effect.
Appears in 1 contract
Samples: Warehousing Credit and Security Agreement (Commercial Capital Bancorp Inc)
Subordination of Certain Indebtedness. Borrower shall cause Cause any indebtedness of Borrower for borrowed money to any membershareholder, manager director, officer or other Affiliate of Borrower or to Guarantor Borrower, to be subordinated to the Obligations by the execution and delivery to Administrative Agent Lender of a Subordination of Debt Agreement, on the form prescribed by Administrative Agent and Lender, certified by the manager corporate secretary of Borrower to be true and complete and in full force and effect.
Appears in 1 contract
Samples: Credit and Security Agreement (Commercial Capital Bancorp Inc)
Subordination of Certain Indebtedness. Borrower shall cause Cause any indebtedness of the Borrower for borrowed money to any Affiliate or any member, manager shareholder, director or other officer of any Affiliate of Borrower or to Guarantor the Borrower, to be subordinated to the Obligations by the execution and delivery to Administrative Agent Lender of a Subordination of Debt Agreement, on the form prescribed by Administrative Agent and the Lender, certified by the manager corporate secretary of the Borrower to be true and complete and in full force and effect.
Appears in 1 contract
Samples: Credit and Security Agreement (Walker & Dunlop, Inc.)
Subordination of Certain Indebtedness. Borrower shall cause Cause any indebtedness of Borrower for borrowed money to any Affiliate or any member, manager shareholder, director or other officer of any Affiliate of Borrower or to Guarantor Borrower, to be subordinated to the Obligations by the execution and delivery to Administrative Agent of a Subordination of Debt Agreement, on the form prescribed by the Administrative Agent and Agent, certified by the manager corporate secretary of Borrower to be true and complete and in full force and effect.
Appears in 1 contract
Samples: Credit and Security Agreement (Walker & Dunlop, Inc.)
Subordination of Certain Indebtedness. Borrower shall cause Cause any indebtedness of Borrower for borrowed money to any Affiliate or any member, manager shareholder, director or other officer of any Affiliate of Borrower or to Guarantor Borrower, to be subordinated to the Obligations by the execution and delivery to Administrative Agent Lender of a Subordination of Debt Agreement, on the form prescribed by Administrative Agent and Lender, certified by the manager corporate secretary of Borrower to be true and complete and in full force and effect.
Appears in 1 contract
Samples: Credit and Security Agreement (Walker & Dunlop, Inc.)
Subordination of Certain Indebtedness. Borrower shall cause Cause any indebtedness Indebtedness of a Borrower to any membershareholder, manager director, officer or other Affiliate of such Borrower or to Guarantor to be subordinated to the Obligations by the execution and delivery to Administrative Agent Lender of a Subordination of Debt Agreement, on the form prescribed by Administrative Agent and Lender, certified by the manager corporate secretary of such Borrower to be true and complete and in full force and effect.
Appears in 1 contract
