Common use of Subordinated Note Clause in Contracts

Subordinated Note. The Subordinated Note to be issued to such ▇▇▇▇▇▇ Stockholder pursuant to Article 1 hereof will, when issued and delivered in accordance therewith be the valid and binding obligation of the Parent and enforceable in accordance with its terms.

Appears in 2 contracts

Sources: Stockholder Agreement (Thayer Equity Investors Iii Lp), Stockholder Agreement (Software Ag)

Subordinated Note. The Subordinated Note to be issued to such ----------------- ▇▇▇▇▇▇ Stockholder pursuant to Article 1 hereof will, when issued and delivered in accordance therewith be the valid and binding obligation of the Parent and enforceable in accordance with its terms.

Appears in 1 contract

Sources: Merger Agreement (Saga Systems Inc /De/)