Subordination Agreement definition

Subordination Agreement means an agreement among the Agent, the applicable Borrower or Subsidiary of the Borrower and the holder of any Subordinated Debt, pursuant to which such Indebtedness is made subordinate in right of payment to Payment in Full of all Obligations on terms reasonably satisfactory to the Agent.

Subordination Agreement means any agreement (and any amendments thereto) executed by a Subordinated Creditor pursuant to which the payment and performance of Tenant’s obligations to such Subordinated Creditor are subordinated to the payment and performance of Tenant’s obligations to Landlord under this Agreement.

Subordination Agreement means a subordination, intercreditor, or other similar agreement in form and substance, and on terms, approved by Agent in writing.

Examples of Subordination Agreement in a sentence

• This Agreement together with the other Transaction Documents and the Subordination Agreement constitute and contain the entire agreement among the Company and Investors and supersede any and all prior agreements, negotiations, correspondence, understandings and communications among the parties, whether written or oral, respecting the subject matter hereof.

• Each Investor will have duly executed and delivered to the Company the Transaction Documents and the Subordination Agreement.

• In the event of any inconsistency or conflict between the terms and provisions of this Agreement or the Notes and the Subordination Agreement, the terms and provisions of the Subordination Agreement shall control solely to the extent of such inconsistency or conflict.

• The Subordination Agreement expires after 30 days, if not recorded the Escrow Officer agrees to return the un-recorded Subordinate Deed of Trust to Utah Housing, at the address above.

More Definitions of Subordination Agreement

Subordination Agreement means a subordination agreement entered into or to be entered into by a Subordinated Creditor, the Borrower, a Security Party and the Security Trustee in the Agreed Form;

Subordination Agreement means any agreement between Agent and another creditor of Borrowers, as the same may be amended, supplemented, restated or otherwise modified from time to time in accordance with the terms thereof, pursuant to which the Debt owing from any Borrower(s) and/or the Liens securing such Debt granted by any Borrower(s) to such creditor are subordinated in any way to the Obligations and the Liens created under the Security Documents, the terms and provisions of such Subordination Agreements to have been agreed to by and be acceptable to Agent in the exercise of its sole discretion.

Subordination Agreement a subordination agreement in form and substance acceptable to Lender whereby Subordinating Creditor subordinates, in favor of Lender, obligations owed to it by Borrower.

Subordination Agreement means any subordination agreement by and among Agent, any Loan Party and any holder of Subordinated Indebtedness, as the same may be amended, modified, supplemented, renewed, restated or replaced from time to time.

Subordination Agreement shall have the meaning ascribed to it in Section 7.03.

Subordination Agreement means the Subordination Agreement attached hereto as Annex A and incorporated by reference herein. -------

Subordination Agreement means any one of them.