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
Notwithstanding anything else contained herein, the Notes and all rights and remedies hereunder shall be subject to (i) that certain Subordination Agreement, dated as of August 15, 2023, by and between, among others, the Company, Madryn Fund Administration, LLC, as administrative agent, and the Purchasers and (ii) that certain Subordination Agreement, dated as of August 15, 2023, by and between, among others, the Company, Neuronetics, Inc., as payee, and the Purchasers.
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.