Terms of Subordination. Unless and until the Senior Debt shall have been irrevocably paid in full and all commitments of the Senior Creditors to extend further Senior Debt have been terminated, (i) all Subordinated Debt shall be subordinate to all Senior Debt to the extent and in the manner set forth in this Section 2, and (ii) the Subordinated Lien shall be subordinate to the Senior Lien.
Appears in 2 contracts
Sources: Subordination Agreement (Coinstar Inc), Credit Agreement (Coinstar Inc)