Common use of Definition of Senior Indebtedness Clause in Contracts

Definition of Senior Indebtedness. Senior Indebtedness" shall mean the principal of (and premium, if any), unpaid interest on and amounts reimbursed, fees, expenses, costs of enforcement and other amounts due in connection with any indebtedness of the Company to a commercial bank lender Silicon Valley Bank ("Bank"), which may be incurred from time to time pursuant to an agreement between the Company and Bank, which credit facility shall not exceed $1,000,000 ("Senior Indebtedness").

Appears in 19 contracts

Samples: Note and Warrant Purchase Agreement (Salon Media Group Inc), Note and Warrant Purchase Agreement (Salon Media Group Inc), Note and Warrant Purchase Agreement (Salon Media Group Inc)

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Definition of Senior Indebtedness. Senior Indebtedness" shall mean means at any date all indebtedness under the principal Securities and the Indenture (including, without limitation, all amounts payable pursuant to Section 607 of (and the Indenture, principal, interest, Additional Amounts, premium, if any), unpaid interest on and amounts reimbursed, fees, expensespenalties, costs of enforcement indemnities and other amounts due "post-petition interest" in connection with any indebtedness of the Company to a commercial bank lender Silicon Valley Bank ("Bank"), which may be incurred from time to time pursuant to an agreement between the Company and Bank, which credit facility shall not exceed $1,000,000 ("Senior Indebtedness"bankruptcy).

Appears in 8 contracts

Samples: Indenture (Rogers Wireless Inc), Pledge Agreement (Rogers Wireless Inc), Indenture (Rogers Cable Inc)

Definition of Senior Indebtedness. The term “Senior Indebtedness" shall ” is defined to mean the principal of (and premium, if any), unpaid and interest on and amounts reimbursed, fees, expenses, costs any obligations of enforcement the Company with respect to the Company’s indebtedness to all indebtedness and obligations (other amounts due in connection with any indebtedness than the Notes) of the Company to a commercial bank lender Silicon Valley Bank ("Bank")banks, which may be incurred from time to time pursuant to an agreement between the Company insurance companies and Bank, which credit facility shall not exceed $1,000,000 ("Senior Indebtedness")other institutional lenders.

Appears in 4 contracts

Samples: China Education Alliance Inc., China Education Alliance Inc., China Education Alliance Inc.

Definition of Senior Indebtedness. Senior Indebtedness" shall mean ” means the principal of (and premium, if any), unpaid interest on and amounts reimbursed, fees, expenses, costs of enforcement and other amounts due in connection with any indebtedness of the Company Borrower with respect to a commercial bank lender Silicon Valley that certain Promissory Note and that certain Security Agreement, each dated as of June 1, 2004, by and between Borrower and Lakeside Bank ("Bank"), which may be incurred from time to time pursuant to an agreement between the Company and Bank, which credit facility shall not exceed $1,000,000 ("Senior Indebtedness"Loan Documents”).

Appears in 1 contract

Samples: Hyperfeed Technologies Inc

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Definition of Senior Indebtedness. Senior Indebtedness" shall mean means, at any date all indebtedness under the principal of Securities and the Indenture (and including, without limitation, principal, interest, Additional Amounts, premium, if any), unpaid interest on and amounts reimbursed, fees, expensespenalties, costs of enforcement indemnities and other amounts due "post-petition interest" in connection with any indebtedness of the Company to a commercial bank lender Silicon Valley Bank ("Bank"), which may be incurred from time to time pursuant to an agreement between the Company and Bank, which credit facility shall not exceed $1,000,000 ("Senior Indebtedness"bankruptcy).

Appears in 1 contract

Samples: Paging Network Do Brazil Sa

Definition of Senior Indebtedness. Senior Indebtedness" shall mean ” means the principal of (and premium, if any), unpaid interest on and amounts reimbursed, fees, expenses, costs of enforcement and other amounts due in connection with any indebtedness of the Company Borrower with respect to a commercial bank lender Silicon Valley that certain Promissory Note and that certain Security Agreement, each dated as of June 1, 2004, by and between Borrower and Lakeside Bank ("Bank"the “Senior Loan Documents”), which may be incurred from time to time pursuant to an agreement between the Company and Bank, which credit facility shall not exceed $1,000,000 ("Senior Indebtedness").. [

Appears in 1 contract

Samples: Hyperfeed Technologies Inc

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