Debt Subordination AgreementDebt Subordination Agreement • January 4th, 2010 • Champion Industries Inc • Commercial printing
The undersigned is a creditor of Champion Industries, Inc., a West Virginia corporation (hereinafter called “Borrower”). In consideration of loans made or to be made, credit given or to be given, or other financial accommodations afforded or to be afforded to the Borrower, concurrently herewith or at any time or from time to time hereafter, on such terms as may be agreed upon between you and other Lenders party to that Credit Agreement with the Borrower dated as of September 14, 2007, as the same has been amended and may be further amended, restated or supplemented from time to time (collectively, the “Senior Lenders”) and the Borrower, the undersigned agrees that all indebtedness, obligations and liabilities of the Borrower to the undersigned now existing or hereafter arising and howsoever evidenced or acquired (the aggregate principal amount of such Subordinated Indebtedness as of the date hereof being $3,000,000.00) shall be and remain junior and subordinate to any and all indebtedn
ContractForbearance Agreement • January 4th, 2010 • Champion Industries Inc • Commercial printing • Ohio
