No Contest. Creditor agrees not to contest the validity, perfection, priority or enforceability of Silicon' security interest in the Collateral or the Silicon Debt.
Appears in 2 contracts
Sources: Subordination Agreement (Verso Technologies Inc), Subordination Agreement (Verso Technologies Inc)
No Contest. Creditor agrees not to contest the validity, perfection, priority or enforceability of Silicon' 's security interest in the Collateral or the Silicon Debt.
Appears in 2 contracts
Sources: Asset Purchase Agreement (Verso Technologies Inc), Subordination Agreement (First Virtual Communications Inc)
No Contest. Creditor agrees not to contest the validity, perfection, priority or enforceability of Silicon' ’s security interest in the Collateral or the Silicon Debt.
Appears in 2 contracts
Sources: Subordination Agreement (DecisionPoint Systems, Inc.), Mutual Subordination Agreement (Applied Precision, Inc.)
No Contest. Subordinating Creditor agrees not to contest the validity, perfection, priority or enforceability of Silicon' 's security interest in the Collateral or the Silicon Debt.
Appears in 1 contract