The Subordinated Loan Sample Clauses

The Subordinated Loan. 2.1 Subject to the terms and conditions set forth in this Agreement, the Subordinated Lender has made available to the Issuer a loan (the "Subordinated Loan"), and the Issuer agreed to borrow such Subordinated Loan, which consisted of a loan tranche in the amount of GBP 390,427,064.35 in respect of the acquisition of the Initial Receivables (the "Initial Subordinated Loan Amount") made available on 20 November 2013 (the "Borrowing Date").
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The Subordinated Loan. On the date hereof, the Investors shall lend to the Company and its Subsidiaries and the Company and its Subsidiaries shall borrow from the Investors, the aggregate principal amount of Six Million Dollars ($6,000,000), upon the terms and subject to the conditions of this Section 2.
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The Subordinated Loan. The Subordinated Loan Provider grants to the Issuer simultaneously with the issue by the Issuer of the Notes on the Closing Date and upon the terms and subject to the conditions of this Agreement, a subordinated euro loan facility in an aggregate amount of EUR 1,550,000,000 to be used to (i) pay part of the Initial Purchase Price in an amount of EUR 1,499,452,689.28 and (ii) credit the Reserve Account up to the Reserve Account Required Amount. The remaining part of the subordinated loan facility will be credited to the Issuer Collection Account.
Sample 1
The Subordinated Loan. Tranche Advance. GSRP and TFC agree that Subordinated Loan Tranche Advances may be made through December 31, 2001; Section 2 of the Existing SOI is hereby so amended. On the date on which the Final Steamboat Construction Cost Advance is made under Section 2 of the Fifth Amendment Agreement and subject to this First Amendment Agreement becoming effective on the First Amendment Effective Date, TFC agrees to advance to GSRP up to $3,058,336.15 (TFC agrees that such advance may be made in escrow pursuant to the escrow to be established under the Steamboat Settlement Agreement and the 2001 Escrow Letter, as such terms are defined in the Fifth Amendment Agreement; interest shall commence to accrue on such advance when made into such escrow). On each date thereafter on which a Steamboat Penthouse Construction Advance is made under the Fifth Amendment Agreement, TFC agrees to make a Subordinated Loan Tranche Advance to the extent of availability, if any, under the Amended SOI and further subject to the satisfaction of the conditions precedent set forth in Section 3(b), (c), (d) and (e) of the Existing SOI.
Sample 1
The Subordinated Loan. Subject to the provisions of this Agreement, and relying upon the representations and warranties herein set forth as and when made or deemed to be made, the Investor will advance the principal amount of the Subordinated Loan to the Companies upon the satisfaction of the applicable conditions set forth in 0.
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The Subordinated Loan 
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Related to The Subordinated Loan

  • Trust Moneys Not Subordinated Notwithstanding anything contained herein to the contrary, payments from money or the proceeds of U.S. Government Obligations held in trust under Article 8 by the Trustee for the payment of principal of and interest on the Securities shall not be subordinated to the prior payment of any Senior Indebtedness of the Company or subject to the restrictions set forth in this Article 10, and none of the Securityholders shall be obligated to pay over any such amount to the Company or any holder of Senior Indebtedness of the Company or any other creditor of the Company.

  • Senior Subordinated Notes The subordination provisions contained in the Senior Subordinated Notes and in the other Senior Subordinated Note Documents are enforceable against the Borrower and the holders of the Senior Subordinated Notes, and all Obligations are within the definition of "Senior Debt" included in such subordination provisions.

  • After Subordination Period Available Cash with respect to any Quarter after the Subordination Period that is deemed to be Operating Surplus pursuant to the provisions of Section 6.3 or 6.5, subject to Section 17-607 of the Delaware Act, shall be distributed as follows, except as otherwise required by Section 5.6(b) in respect of additional Partnership Securities issued pursuant thereto:

  • Securities Subordinated to Senior Debt (1) The Partnership, for itself, its successors and assigns, covenants and agrees, and each Holder of Securities, by his acceptance thereof, likewise covenants and agrees, that the payment of the principal of (and premium, if any), and interest on each and all of the Securities is hereby expressly subordinated, to the extent and in the manner hereinafter set forth, in right of payment to the prior payment in full of all Senior Debt of the Partnership.

  • No Senior Subordinated Debt The Company will not incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any Senior Debt of the Company and senior in any respect in right of payment to the Notes. No Guarantor will incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to the Senior Debt of such Guarantor and senior in any respect in right of payment to such Guarantor's Note Guarantee.

  • Subordinated Loans to FINRA Members To the Company’s knowledge, no Company Affiliate has made a subordinated loan to any Member.

  • Subrogation and Subordination (a) Each Guarantor will not exercise any rights which it may have acquired by way of subrogation under this Guaranty Agreement, by any payment made hereunder or otherwise, or accept any payment on account of such subrogation rights, or any rights of reimbursement, contribution or indemnity or any rights or recourse to any security for the Notes or this Guaranty Agreement unless and until all of the Guaranteed Obligations shall have been indefeasibly paid in full in cash.

  • Lien Subordination Notwithstanding the date, manner or order of grant, attachment or perfection of any Junior Lien in respect of any Collateral or of any Senior Lien in respect of any Collateral and notwithstanding any provision of the UCC, any applicable law, any Security Document, any alleged or actual defect or deficiency in any of the foregoing or any other circumstance whatsoever, the Junior Representative, on behalf of each Junior Secured Party, in respect of such Collateral hereby agrees that:

  • Securityholders Authorize Trustee to Effectuate Subordination of Securities Each Holder of Securities by its acceptance of them authorizes and expressly directs the Trustee on its behalf to take such action as may be necessary or appropriate to effectuate, as between the holders of Senior Debt and the Holders of Securities, the subordination provided in this Article Ten, and appoints the Trustee its attorney-in-fact for such purposes, including, in the event of any dissolution, winding-up, liquidation or reorganization of the Company (whether in bankruptcy, insolvency, receivership, reorganization or similar proceedings or upon an assignment for the benefit of credits or otherwise) tending towards liquidation of the business and assets of the Company, the filing of a claim for the unpaid balance of its Securities and accrued interest in the form required in those proceedings. If the Trustee does not file a proper claim or proof of debt in the form required in such proceeding prior to 30 days before the expiration of the time to file such claim or claims, then the holders of the Senior Debt or their Representative are or is hereby authorized to have the right to file and are or is hereby authorized to file an appropriate claim for and on behalf of the Holders of said Securities. Nothing herein contained shall be deemed to authorize the Trustee or the holders of Senior Debt or their Representative to authorize or consent to or accept or adopt on behalf of any Holder any plan of reorganization, arrangement, adjustment or composition affecting the Securities or the rights of any Holder thereof, or to authorize the Trustee or the holders of Senior Debt or their Representative to vote in respect of the claim of any Holder in any such proceeding.

  • Securities Subordinate to Senior Debt The Company covenants and agrees, and each Holder of a Security, by its acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article XII, the payment of the principal of and any premium and interest (including any Additional Interest) on each and all of the Securities are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Debt.

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