Subordination and Standstill Agreement Sample Contracts

SUBORDINATION AND STANDSTILL AGREEMENT
Subordination and Standstill Agreement • July 30th, 2020

WHEREAS pursuant to a commitment letter dated ● from the Senior Lender to ● (the “Borrower”) (the “Senior Commitment Letter”), the Senior Lender has agreed to make available to the Borrower a loan in the maximum principal amount of $● (the “Senior Loan”) which Senior Loan is secured by, among other things, a mortgage of the lands and premises described in Schedule A attached hereto (the “Property”) and all present and after-acquired personal property of the Borrower and ● (the “Guarantors”, collectively the Borrower and the Guarantors, the “Covenantors” and each a “Covenantor”). The Senior Loan and all existing and future indebtedness and other obligations and liabilities relating to or arising from the Property owing by the Covenantors to the Senior Lender pursuant to the Senior Commitment Letter, from time to time, shall be referred to as the “Senior Indebtedness”, and the security in respect of the Property and/or the Proceeds (as hereinafter defined), including all amendments, repl

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RECITALS
Subordination and Standstill Agreement • October 13th, 2006 • Biophan Technologies Inc • Surgical & medical instruments & apparatus • New York
PGRT EQUITY LLC (Second Lender) to WELLS FARGO BANK, N.A., as trustee for the registered holders of COBALT CMBS COMMERCIAL MORTGAGE TRUST 2006-C1, COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2006-C1 (First Lender) AMENDED AND RESTATED...
Subordination and Standstill Agreement • March 20th, 2007 • Prime Group Realty Trust • Real estate investment trusts • Illinois

THIS AMENDED AND RESTATED SUBORDINATION AND STANDSTILL AGREEMENT (this “Agreement”), executed on December 28, 2006, but to be effective as of December 29, 2006, is made by PGRT EQUITY LLC, a Delaware limited liability company (hereinafter referred to as the “Second Lender”), for the benefit of WELLS FARGO BANK, N.A., as trustee for the registered holders of COBALT CMBS COMMERCIAL MORTGAGE TRUST 2006-C1, COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2006-C1 (hereinafter referred to as the “First Lender”).

Subordination and Standstill Agreement
Subordination and Standstill Agreement • June 5th, 2019 • American Superconductor Corp /De/ • Motors & generators • Massachusetts

THIS FIRST AMENDMENT TO Intercreditor, Subordination and Standstill Agreement (this “Amendment”) made as of the 28th day of March, 2019, by and between EAST BOSTON SAVINGS BANK (hereafter “Senior Lender”), with a principal place of business at 67 Prospect Street, Peabody, Massachusetts 01960 and ASC DEVENS LLC, a Delaware limited liability company (hereafter the “Junior Lender”), with a place of business at 114 East Main Street, Ayer, Massachusetts 01432.

SUBORDINATION AND STANDSTILL AGREEMENT
Subordination and Standstill Agreement • October 20th, 2009 • Midas Medici Group Holdings, Inc. • Services-management consulting services • Utah

THIS SUBORDINATION AND STANDSTILL AGREEMENT (this “Agreement”) is made as of October 14, 2009, by and between PROFICIO BANK, a Utah corporation (“Lender”), and the Bruce R. Robinson Trust under agreement dated March 27, 2006, Jon Brock, an individual, Robert C. Bellemare, an individual, and Knox Lawrence International, LLC, a Delaware limited liability company (each, a “Junior Creditor” and together the “Junior Creditors”).

SUBORDINATION AND STANDSTILL AGREEMENT September 26, 2016
Subordination and Standstill Agreement • October 11th, 2016 • Adcare Health Systems, Inc • Services-skilled nursing care facilities • Illinois
Borrower: Comstock Homebuilding Companies, Inc. Noteholder/Lender: Stonehenge Funding, LC. (Lender or Noteholder). Guarantors: In consideration of Stonehenge entering into this agreement and modifying the terms of the JP Morgan Note, CHCI hereby...
Subordination and Standstill Agreement • March 31st, 2010 • Comstock Homebuilding Companies, Inc. • Operative builders • Virginia

THIS SUBORDINATION AND STANDSTILL AGREEMENT (this “Agreement”) is made this _______ day of December, 2009, by and among COMSTOCK HOMEBUILDING COMPANIES, INC., a Delaware corporation (“Guarantor”), KEYBANK NATIONAL ASSOCIATION, a national banking association (“KeyBank”), individually and as agent for itself and the Senior Lenders (as hereinafter defined) (“Agent”), and STONEHENGE FUNDING, LC, a Virginia limited liability company (“Subordinate Lender”).

Prepared by and after recording return to:
Subordination and Standstill Agreement • January 27th, 2005 • Emeritus Corp\wa\ • Services-nursing & personal care facilities • Texas
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