Subordinating Creditors definition

Subordinating Creditors means any officer, director or shareholder of the Borrower to whom the Borrower is indebted.
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Subordinating Creditors means collectively, the following persons and entities:
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Subordinating Creditors. XX XXXX'X INCORPORATED, a Pennsylvania corporation, as a Subordinating Creditor By: /s/ Xxxxxx X. Xxxxxxx ------------------------------------ Name: Xxxxxx X. Xxxxxxx ---------------------------------- Title: VP, CFO and Corporate Secretary --------------------------------- PLANT ENGINEERING CONSULTANTS, LLC, a Tennessee limited liability company, as a Subordinating Creditor By: /s/ Xxxxxx X. Xxxxxxx ------------------------------------ Name: Xxxxxx X. Xxxxxxx ---------------------------------- Title: VP, CFO and Corporate Secretary --------------------------------- XX XXXX'X ENTERPRISES, INC., a Delaware corporation, as a Subordinating Creditor By: /s/ Xxxxxx X. Xxxxxxx ------------------------------------ Name: Xxxxxx X. Xxxxxxx ---------------------------------- Title: VP, CFO and Corporate Secretary --------------------------------- XX XXXX'X CORPORATION, a Delaware corporation, as a Subordinating Creditor By: /s/ Xxxxxx X. Xxxxxxx ------------------------------------ Name: Xxxxxx X. Xxxxxxx ---------------------------------- Title: VP, CFO and Corporate Secretary --------------------------------- [SIGNATURE PAGE TO INTERCOMPANY SUBORDINATION AGREEMENT] ACCEPTED AND AGREED TO AS OF THE DATE FIRST ABOVE WRITTEN: XXXXX FARGO FOOTHILL, INC., a California corporation, as Agent By: /s/ Xxxxxxx X. Xxxx, Xx. ------------------------------------ Name: Xxxxxxx X. Xxxx, Xx. ---------------------------------- Title: VP ---------------------------------
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Examples of Subordinating Creditors in a sentence

  • No knowledge of any breach or other non-observance by the Subordinating Creditors of the terms and provisions of this Subordination Agreement shall constitute a waiver, nor a waiver of any obligations to be performed by the Subordinating Creditors hereunder.

  • The Subordinating Creditors and the Applicable Debtors will at their expense and at any time and from time to time promptly execute and deliver all further instruments and documents and take all further action that may be reasonably necessary to protect any right or interest of the Secured Parties granted hereunder or to enable the Secured Parties to exercise and enforce their rights and remedies hereunder.

  • This Amendment and the attached Acknowledgment and Release by Subordinating Creditors, each duly executed in a sufficient number of counterparts for distribution to all parties.

  • Shall mean that certain Amended and Restated Subordination Agreement, dated as of January 14, 2005 (as amended, restated or otherwise modified with the written consent of the Agent as provided herein and in effect from time to time), among the Agent, the Borrower, the Subordinating Creditors identified therein and The Bank of New York, as Trustee and as Collateral Agent.

  • Until the Discharge of Senior Debt shall have occurred and this Subordination Agreement is terminated as provided herein, the Subordinating Creditors shall not assert or be entitled to any subrogation rights.


More Definitions of Subordinating Creditors

Subordinating Creditors means Banca Del Gottardo and Xxxxxxx Investments.
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Subordinating Creditors means Tinicum Investors, a general partnership, Fxxxx Xxxxxxx, Cxxxxxxxxxx X. Xxxxx, and Plan C LLC, each of whom shall execute and deliver a Subordination Agreement.
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Subordinating Creditors means any officer, director or shareholder of the Borrower to whom the Borrower is indebted, Datamatics Technologies, Ltd. and Xxxxx Xxxx Limited.
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Subordinating Creditors. OPKO Health, Inc., Bxxxx Xxxxx, and Olycra Limited Partnership, and any successors or assignees thereof.
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Subordinating Creditors means (i) the Seller with respect to ----------------------- DRA, and (ii) _________________________________________________.
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Subordinating Creditors mean Xxxxx X. Xxxxx, Emitzel Holdings SA and Harbour Investment Corporation.
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Subordinating Creditors has the meaning set forth in the Schedule.
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