Subordinate Debt Enforcement Action

Subordinate Debt Enforcement Action. Means (i) acceleration of payment of any portion of the Subordinate Debt, (ii) any judicial action or proceeding against Borrower or any of its property with respect to any portion of the Subordinate Debt or any action or proceeding by Subordinate Lender with respect to the disposition of any Collateral, (iii) joinder by Subordinate Lender with any creditor in initiating any Insolvency Proceeding with respect to any Restricted Party, and (iv) the exercise of any other remedy with respect to any... portion of the Subordinate Debt. View More