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the event of a bankruptcy of, or the appointment of a trustee, receiver or other representative or liquidator for any of the property of the Borrower, (ii) in the order of priority set forth herein, and (iii) only in the amount necessary for the full payment of the U.S. Bank Loan. U.S. Bank may file one or more financing statements concerning any security interest hereby created without the signature of any of the Subordinate Lenders. 6. Limitations on Payment. None of the Subordinate Lenders will receive, nor take action to collect or enforce, payment from the Borrower, and the Borrower will not make payment to any of the Subordinate Lenders, of any amounts outstanding under the Subordinate Lender pocuments or any part thereof; except that the Borrower may pay regularly scheduled installments of principal and accrued interest under the Subordinate Lender pocuments as long as, but only in the event that, no Event of Default then exists with respect to the U. S. Bank Loan Documents or the Subordinate Lender pocuments, and any such regularly scheduled installments of principal and accrued interest may be retained by such Subordinate Lenders. Upon the occurrence of an Event of Default, each of the Subordinate Lenders agrees that it will not, without the prior written consent of U.S. Bank, receive or take any action to collect or enforce, payment of any of the Subordinate Lender pocuments or any part thereof from any trustee in bankruptcy, receiver, or other liquidator of any part of the Borrower's property, or from any other person. Until payment in full of the U.S. Bank Loan, any payment received by any of the Subordinate Lenders pursuant to the immediately preceding sentence shall promptly be delivered to U.S. Bank for application to U.S. Bank Loan. The Subordinate Lenders and U.S. Bank agree to notify the other at the addresses set forth on page 1 hereto, within a reasonable time period, of their knowledge of an Event of Default under their respective loan documents with the Borrower. 7. Pay Over of Monies. In the event that any of the Subordinate Lenders receive any payment of the Subordinate Loans in violation of the terms of this Agreement, such payments shall be held in trust by the Subordinate Lender and the Subordinate Lender will forthwith pay over or deliver the same to U.S. Bank to be held by U.S. Bank as cash collateral securing the U.S. Bank Loan. 8. Interpretation. The parties hereto are entering into and executing this Agreement in order to establish the subordination and priority of the Loan Documents and any liens and/or encumbrances created thereby, and, accordingly, such parties hereby agree, understand, and acknowledge that the enforceability of this Agreement is not, and shall not be, restricted, limited, or impaired by the fact that not all of the parties hereto are signatories to each or any of the Loan Documents. 7