Subordination of Remedies. Until all Senior Debt has been repaid in full and all Commitments by the Lender Group to extend credit under the Credit Agreement shall have been irrevocably terminated, following the occurrence of any Event of Default and until such Event of Default is cured or waived, no Obligor shall, without the prior written consent of Agent:
Appears in 2 contracts
Samples: Intercompany Subordination Agreement (155 East Tropicana, LLC), Intercompany Subordination Agreement (Oasis Interval Ownership, LLC)
Subordination of Remedies. Until all Senior Debt has been repaid in full full, in cash or cash equivalents, and all Commitments by the Lender Group commitments of Agent to extend credit under the Credit Agreement shall and the Other Documents have been irrevocably terminated, following the occurrence of any Default or Event of Default and until such Default or Event of Default is cured or waived, no each Obligor shallshall not, without the prior written consent of Agent:
Appears in 1 contract
Samples: Intercompany Subordination Agreement (Newegg Commerce, Inc.)
Subordination of Remedies. Until all Senior Debt has been repaid in full full, in cash or cash equivalents, and all Commitments by the commitments of Lender Group to extend credit under the Credit Loan Agreement shall and the other Loan Documents have been irrevocably terminated, following the occurrence of any Event of Default and until such Event of Default is cured or waived, no each Obligor shallshall not, without the prior written consent of AgentLender:
Appears in 1 contract
Samples: Intercompany Subordination Agreement (Sugarfina Corp)
