Subordinated Debt Holders definition

Subordinated Debt Holders means those holders of the notes that ------------------------- shall be converted into Series C Preferred Stock pursuant to Section 6.15.

Subordinated Debt Holders as defined in the recitals hereto.

Subordinated Debt Holders means collective reference to the Person or Persons who loan or advance funds to Borrower as Subordinated Debt.

Examples of Subordinated Debt Holders in a sentence

• A motion filed by the Official Committee of Unsecured Creditors to Commence an Adversary Proceeding against the Subordinated Debt Holders and Other Parties is the subject of such amount.

• The provisions of this Section 2 are, and are intended to be, solely for the purpose of defining the relative rights of Debtors, Subordinated Debt Holders and the holder or holders of the Senior Debt.

• The issuance of the Securities (or the underlying common stock convertible or exercisable pursuant to the Series B Preferred Stock or the Warrants) to the Landmark Parties and the Series C Preferred Stock to the Subordinated Debt Holders will not be integrated with any other issuance of the Company's securities (past, current or future) which will require any shareholder approval under the rules of the Nasdaq National Market other than the shareholder approval to be obtained in connection herewith.

• The Borrowers shall have delivered to the Agent evidence of the consent of the Subordinated Debt Holders to this Third Amendment to the Credit Agreement, including the $7,000,000 increase of the Trance B Term Loan in form and substance satisfactory to the Agent.

• The Subordination Agreement dated as of even date from the Subordinated Debt Holders in favor of the Agent and the Lenders.

More Definitions of Subordinated Debt Holders

Subordinated Debt Holders has the meaning set forth in Section 5.12 below.

Subordinated Debt Holders collectively, Capital Resource Lenders II, L.P., Allied Capital Corporation, and The Marlborough Capital Investment Fund, L.P. and Capital Trust Investments, Ltd.

Subordinated Debt Holders means, in the case of the Subordinated Note Agreement, Endeavour (and its permitted successors and assigns) and in the case of the Xxxx Subordinated Note, Xxxxx X. Xxxx (and his permitted successors and assigns).

Subordinated Debt Holders means the holders of Subordinated Debt Registrable Securities.

Subordinated Debt Holders. The holders of the Subordinated Debt as shown on Schedule 1.1.

Subordinated Debt Holders means all holders of any security interests of the Grantor, whether now existing or hereafter arising, which is subordinated to the Security Interest.

Subordinated Debt Holders means the holders of the Subordinated Notes (and their respective successors and assigns).