Bank Subordination Agreement definition

Bank Subordination Agreement means those certain Subordination Agreements dated as of January 22, 2007, each between the Bank Agent, Computershare Trust Company of Canada, as trustee of the Trust pursuant to the Trust Indenture and as trustee for and on behalf of the Royalty Unitholders and the Trust Unitholders pursuant to the Royalty Indenture, the Company and the Restricted Subsidiaries, as the same may from time to time be supplemented, amended, restated, renewed or replaced as and to the extent permitted by Section 10.9 .
Sample 1
Bank Subordination Agreement means that certain Subordination Agreement dated as of January 11, 2002 between LaSalle and Bank One, as the same may be amended, restated, modified or supplemented and in effect from time to time.
Sample 1Sample 2
Bank Subordination Agreement means that certain Subordination Agreement dated as of August 28, 2003 between LaSalle and the Term Loan Lenders, as the same may be amended, restated, modified or supplemented and in effect from time to time.
Sample 1

Examples of Bank Subordination Agreement in a sentence

  • Interest shall be payable in arrears in cash on each Payment Date, subject to any restriction on such payment in the Bank Subordination Agreement.

  • The TCW Sub Notes are senior to the Junior Sub Debt pursuant to the terms of the Junior Sub Subordination Agreement and are junior and subordinated to the Senior Bank Debt and Senior Sub Debt pursuant to the Bank Subordination Agreement and the TCW Subordination Agreement, respectively.

  • Inland shall have the option to accrue interest (in lieu of cash payment thereof) until the Interest Payment Commencement Date at which time quarterly cash interest payments on each Payment Date shall be mandatory, subject to any restriction on such payment in the Bank Subordination Agreement.

  • Even though HC Crown Corp., a Delaware corporation ("HC"), is not a signatory to the Bank Subordination Agreement, it agrees to be bound by the terms thereof as if it were a "Subordinated Creditor" as that term is defined in the Bank Subordination Agreement and as if the obligations of the Company pursuant to this Promissory Note were explicitly enumerated as being included in the Subordinated Obligations as defined in the Bank Subordination Agreement.

  • This Note, together with the Security Agreement and the ANB Bank Subordination Agreement (as defined in the Security Agreement), constitutes the entire agreement between the Company and the Holder pertaining to the subject matter hereof, and any and all other written or oral agreements existing between the Company and the Holder are expressly canceled.

  • Except for payments on Subordinated Indebtedness (as defined in the Subordination Agreement described herein) as allowed by the Subordination Agreement of even date between the Borrower, the Guarantor and the Bank ("Subordination Agreement") and advances for insurance, taxes or rent by the Guarantor for the benefit of the Borrower, subordinate any and all debt of the Borrower due to the Guarantor to monies or like obligations owed the Bank.

  • Notwithstanding such payment terms, while the Subordination Agreement of even date herewith among Borrower, Lender and Wachovia Bank, National Association (the "Bank") ("Subordination Agreement") is in effect, no payments shall be made by Borrower to Lender.

  • Subject to the restrictions in the Bank Subordination Agreement, if any Event of Default shall occur, the Requisite Holders may protect and enforce their rights under the Note Purchase Documents by any appropriate proceedings, including proceedings for specific performance of any covenant or agreement contained in any Note Purchase Document, and the Requisite Holders may enforce the payment of any Obligations due or enforce any other legal or equitable right.

  • The Junior Sub Notes are junior and subordinated pursuant to the Bank Subordination Agreement, the TCW Subordination Agreement and the Junior Sub Subordination Agreement to the Senior Bank Debt, the Senior Sub Debt and the TCW Sub Debt.

  • Reference is made to that certain subordination agreement, dated March 15, 2010 executed by Holder and accepted by the Bank and Company (the “Bank Subordination Agreement”) and that certain subordination agreement, dated [____________] executed by Holder and accepted by TAG and Company, in each instance subordinating this Note to the Senior Debt (the “TAG Subordination Agreement” and together with the Bank Subordination Agreement, the “Subordination Agreements”).


More Definitions of Bank Subordination Agreement

Bank Subordination Agreement means that certain Subordination and Support Agreement dated as of August 31, 2001 among the Obligor, its subsidiaries named therein, Hallmark Cards and the JPMorgan Chase Bank (formerly known as The Chase Manhattan Bank), as such agreement may be amended, extended, renewed, restated, supplemented or otherwise modified from time to time.
Sample 1
Bank Subordination Agreement means the Subordination Agreement by and between the Bank and CID, dated as of June 19, 1998.
Sample 1

Related to Bank Subordination Agreement

  • Affiliate Subordination Agreement means an Affiliate Subordination Agreement in the form of Exhibit F pursuant to which intercompany obligations and advances owed by any Loan Party are subordinated to the Obligations.

  • Management Fee Subordination Agreement means that certain Amended and Restated Management Fee Subordination Agreement, dated as of the Closing Date, by and between the Sponsor and Agent and acknowledged by the Borrower.

  • Intercompany Subordination Agreement means an intercompany subordination agreement, dated as of even date with this Agreement, executed and delivered by each Loan Party and each of its Subsidiaries, and Agent, the form and substance of which is reasonably satisfactory to Agent.

  • Subordination Agreements means all subordination agreements executed by a holder of Subordinated Debt in favor of the Administrative Agent and the Lenders from time to time after the Closing Date.

  • Subordination Agreement means any subordination or intercreditor agreement(s) entered into with respect to any subordinate financing related to the Project, as the same may be amended, supplemented or restated.

  • Subordinated Loan Agreement means any loan agreement made or to be made between (i) any Borrower and (ii) a Subordinated Creditor.

  • Reaffirmation Agreement means the Reaffirmation Agreement dated as of the Closing Date by the Borrower and the Guarantors to the Administrative Agent for the benefit of the Secured Parties.

  • Repayment Agreement means the completed Program Application, including these Terms and Conditions signed by the Producer and an authorized representative of the Administrator.

  • Termination Agreement has the meaning set forth in the Recitals.

  • Designation Agreement means, with respect to any Designated Subsidiary, an agreement in the form of Exhibit E hereto signed by such Designated Subsidiary and the Company.

  • Forbearance Agreement means the forbearance agreement entered into by Granite Co. prior to the implementation of the 2011 Arrangement.

  • Senior Subordinated Note Documents means the Senior Subordinated Notes Indenture and all other instruments, agreements and other documents evidencing the Senior Subordinated Notes or providing for any guarantee or other right in respect thereof.

  • Arrangement Agreement means the arrangement agreement dated as of April 18, 2019 between the Purchaser and the Company, including the schedules and exhibits thereto, providing for, among other things, the Arrangement, as the same may be amended, supplemented or restated.

  • Disbursement Agreement means, on any date, the Disbursement Agreement, as originally in effect on the Closing Date, among the Borrower, Holdings, the Administrative Agent, the Discount Note Indenture Trustee, the Disbursement Agent, the Servicing Agent and the Securities Intermediary and as thereafter from time to time amended, supplemented, amended and restated or otherwise modified.

  • Custodial Agreement An agreement that may be entered into among the Company, the Master Servicer, the Trustee and a Custodian pursuant to which the Custodian will hold certain documents relating to the Mortgage Loans on behalf of the Trustee. Custodian: A custodian appointed pursuant to a Custodial Agreement.

  • Guaranty Agreement means an agreement executed by the Guarantors in substantially the form of Exhibit F-2 unconditionally guarantying on a joint and several basis, payment of the Indebtedness, as the same may be amended, modified or supplemented from time to time.

  • Diversion agreement means a mechanism designed to hold a child accountable for his or her behavior and, if appropriate, securing services to serve the best interest of the child and to provide redress for that behavior without court action and without the creation of a formal court record;

  • Credit Facility Agreement means the Credit Facility and Reimbursement Agreement dated as of January 1, 2007, between the Bond Bank and the Bank providing for the timely payment, when due, of a portion of the principal of and interest on the Notes, all subject to such conditions and under such terms as described in Article X of the Indenture.

  • Senior Loan Agreement means that certain Term Loan Agreement, dated as of June 26, 2015, by and among Borrower and Senior Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Payment Agreement means a written agreement which provides

  • Formation Agreement has the meaning attributed to it in Recital A;

  • Credit Enhancement Agreement means the Agreement among the Sellers, the Master Servicer, the Trustee and the Credit Enhancement Provider with respect to the Credit Enhancement.

  • Bailee Agreement means a Bailee Agreement among Seller, Buyer and Bailee in the form of Exhibit IV hereto.

  • Senior Subordinated Note Indenture the Indenture entered into by the Borrower and certain of its Subsidiaries in connection with the issuance of the Senior Subordinated Notes, together with all instruments and other agreements entered into by the Borrower or such Subsidiaries in connection therewith, as the same may be amended, supplemented or otherwise modified from time to time in accordance with Section 7.9.

  • Control Agreement is any control agreement entered into among the depository institution at which Borrower maintains a Deposit Account or the securities intermediary or commodity intermediary at which Borrower maintains a Securities Account or a Commodity Account, Borrower, and Bank pursuant to which Bank obtains control (within the meaning of the Code) over such Deposit Account, Securities Account, or Commodity Account.

  • Subordination Provisions has the meaning specified in Section 8.01(l).