Existing Subordinated Loan Agreement definition

Existing Subordinated Loan Agreement means the Senior Subordinated Loan Agreement, dated as of April 4, 2007, by and among The ColorMatrix Corporation, ColorMatrix UK Holdings, Ltd., the other credit parties thereto, OFS Agency Services, LLC, as US Agent and European Agent and the lenders party thereto.
Sample 1Sample 2
Existing Subordinated Loan Agreement means the amended and restated subordinated loan agreement between the Borrower and EBRD dated January 28, 1999 pursuant to which EBRD made available to the Borrower, subject to the terms and conditions therein, $10 million in subordinated debt.
Sample 1Sample 2
Existing Subordinated Loan Agreement is defined in the sixth recital.
Sample 1

Examples of Existing Subordinated Loan Agreement in a sentence

  • The Borrower and the Granite Agent agree that the Existing Subordinated Loan Agreement as amended hereby and the other Loan Documents shall continue to be legal, valid, binding and enforceable in accordance with their respective terms.

  • The Borrower hereby acknowledges that, as of the date hereof, the security interests and liens granted to the Granite Agent under the Existing Subordinated Loan Agreement and the other Loan Documents are in full force and effect, are properly perfected and are enforceable in accordance with the terms of the Existing Subordinated Loan Agreement and the other Loan Documents.

  • Each of the Loan Documents, including the Existing Subordinated Loan Agreement and any and all other agreements, documents, or instruments now or hereafter executed and delivered pursuant to the terms hereof or pursuant to the terms of the Existing Subordinated Loan Agreement as amended hereby, are hereby amended so that any reference in such Loan Documents to the Existing Subordinated Loan Agreement shall mean a reference to the Existing Subordinated Loan Agreement as amended hereby.

  • The Chief of Schools and the Executive Director of Teaching and Learning request the Board’s approval of a contract with the International Center for Leadership In Education (ICLE).

  • Xxxxx (which, other than the amount, shall otherwise be identical to the policy that was assigned to NewSpring, and shall be in form and substance satisfactory to Peachtree) in the amount of One Million Five Hundred Thousand Dollars ($1,500,000), excluding any similar insurance required pursuant to the terms of the Senior Debt or by NewSpring pursuant to the terms of the Existing Subordinated Loan Agreement.

  • This Agreement amends and restates the Existing Subordinated Loan Agreement; provided, however, that the execution and delivery of this Agreement shall not in any circumstance be deemed to have terminated, extinguished or discharged the Companies’ indebtedness under such Existing Subordinated Loan Agreement, all of which shall continue under and be governed by this Agreement.

  • For all matters arising prior to the effective date of this Third Amendment, the Existing Subordinated Loan Agreement (as unmodified by this Third Amendment) shall control.

  • The Borrower, the Holding Company, the lenders party thereto and the Granite Agent entered into an that certain Subordinated Loan Agreement dated as of July 29, 2010 (as amended, effective December 15, 2011 and by that certain First Amendment to Subordinated Loan Agreement and Limited Consent and Joinder dated as of January 20, 2012, as amended, modified or supplemented to the date hereof, the "Existing Subordinated Loan Agreement").

  • Borrowers shall use the proceeds of the Subordinated Loans to refinance all amounts outstanding under the Existing Subordinated Loan Agreement and to pay transaction fees and other costs and expenses incurred in connection with refinancing the amounts outstanding under the Existing Subordinated Loan Agreement and the Loan Documents.

  • NTI’s amended complaint and response brief both reference the Agreement between NTI with RepCentric, stating that the Agreement is attached as Exhibit B to the amended complaint.


More Definitions of Existing Subordinated Loan Agreement

Existing Subordinated Loan Agreement. ‘ means the amended and restated subordinated loan agreement between the Borrower and the Bank dated January 28, 1999 pursuant to which the Bank made available to the Borrower, subject to the terms and conditions therein, $10 million in subordinated debt.
Sample 1
Existing Subordinated Loan Agreement has the meaning set forth in the recitals hereto.
Sample 1
Existing Subordinated Loan Agreement shall have the meaning assigned in the Recitals to this Agreement.
Sample 1

Related to Existing Subordinated Loan Agreement

  • Subordinated Loan Agreement means a binding agreement with a Subordinated Debt Provider providing unsecured debt financing for the benefit of the Energy Complex and on terms and conditions that shall satisfy the requirements of the Financing Documents.

  • Existing Subordinated Notes means any instrument or loan issued or incurred before 1 January 2013, whether publicly or privately placed, ranking or expressed to be ranking pari passu with all other subordinated obligations (except for those subordinated obligations expressed by their terms to rank junior), provided that should any such Existing Subordinated Notes be amended in any way (contractually or by statute) which would result in allowing the Issuer to issue subordinated notes ranking senior thereto, then such Subordinated Notes would be deemed to no longer constitute an Existing Subordinated Note. As a result, in the event of liquidation or bankruptcy of the Issuer or in the event of a Moratorium (as defined in Condition 3 of the Conditions of the Notes) with respect to the Issuer, the claims of the holders of the Subordinated Notes ("Subordinated Noteholders") against the Issuer will be:

  • Intercompany Subordination Agreement means a subordination agreement executed and delivered by Borrowers and Agent, the form and substance of which is satisfactory to Agent.

  • Existing Senior Subordinated Notes means the Company’s existing 8% Senior Subordinated Notes due 2015.

  • Subordinated Loan has the meaning set forth in Section 1.2(a) of the Agreement.

  • Whole Loan Agreement Any Reconstitution Agreement in respect of a Whole Loan Transfer.

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • Existing Loan Agreement has the meaning set forth in the recitals to this Agreement.

  • Subordinated Loan Documents means at any time the agreements and other documents then governing the Subordinated Indebtedness.

  • Senior Subordinated Note Documents means the Senior Subordinated Notes, the Senior Subordinated Note Agreement, the Senior Subordinated Note Guarantees and all other documents executed and delivered with respect to the Senior Subordinated Notes or the Senior Subordinated Note Agreement.

  • Bridge Loan Agreement means that certain Senior Unsecured Interim Loan Agreement, dated as of December 20, 2007, among Tribune, the Bridge Lenders, the Former Bridge Loan Agent, JPMorgan Chase Bank, N.A., as syndication agent, and Citicorp North America, Inc. and Bank of America, N.A., as co-documentation agents, as amended, restated, supplemented or otherwise modified from time to time.

  • 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.

  • 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.

  • Eligible Subordinated Debt means, at any time in respect of any issuer, each series of the issuer’s then-outstanding long-term indebtedness for money borrowed that (a) upon a bankruptcy, liquidation, dissolution or winding up of the issuer, ranks subordinate to the issuer’s then outstanding series of indebtedness for money borrowed that ranks most senior, (b) is then assigned a rating by at least one NRSRO (provided that this clause (b) shall apply on a Redesignation Date only if on such date the issuer has outstanding subordinated long-term indebtedness for money borrowed that satisfies the requirements in clauses (a), (c) and (d) that is then assigned a rating by at least one NRSRO), (c) has an outstanding principal amount of not less than $100,000,000, and (d) was issued through or with the assistance of a commercial or investment banking firm or firms acting as underwriters, initial purchasers or placement or distribution agents. For purposes of this definition as applied to securities with a CUSIP number, each issuance of long-term indebtedness for money borrowed that has (or, if such indebtedness is held by a trust or other intermediate entity established directly or indirectly by the issuer, the securities of such intermediate entity that have) a separate CUSIP number shall be deemed to be a series of the issuer’s long-term indebtedness for money borrowed that is separate from each other series of such indebtedness.

  • 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.

  • Senior Subordinated Indenture means the Indenture, dated as of August 30, 2007, among the Company, the subsidiary guarantors party thereto from time to time and Xxxxx Fargo Bank, National Association, as trustee, governing the 13.5% Senior Subordinated Notes due 2015 of the Company, as the same may be amended, supplemented, waived or otherwise modified from time to time.

  • Prior Loan Agreement is defined in Recital A.

  • Senior Subordinated Debt means the Indebtedness represented by the Senior Subordinated Notes (including the Note Guarantees, Exchange Notes (each as defined in the Senior Subordinated Debt Documents), guarantees of Exchange Notes and any replacement Exchange Notes).

  • Intercompany Loan Agreement has the meaning set forth in the Purchase and Sale Agreement.

  • Loan Agreement shall have the meaning assigned to such term in the recitals.

  • 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.

  • Original Loan Agreement has the meaning set forth in the Recitals to this Agreement.

  • Subsidiary Loan Agreement means the agreement to be entered into between the Borrower and ECTEL pursuant to Section 3.01(b) of this Agreement, as the same may be amended from time to time; and such term includes all schedules to the Subsidiary Loan Agreement;

  • Junior Subordinated Debt means (a) subordinated junior deferrable interest debentures of the Borrower, (b) the related preferred securities, if applicable, of Subsidiaries of the Borrower and (c) the related subordinated guarantees, if applicable, of the Borrower, in each case, from time to time outstanding.

  • Subordinated Loans means any loan incurred by the Issuer or any of its Subsidiaries, if such loan (i) according to its terms (or pursuant to a subordination agreement on terms and conditions satisfactory to the Trustee) is subordinated to the obligations of the Issuer under the Terms and Conditions; (ii) according to its terms have a final redemption date or, when applicable, early redemption dates or instalment dates which occur after the Final Redemption Date; and (iii) according to its terms yield only payment-in-kind interest.

  • Funding Loan Agreement means this Funding Loan Agreement, of even date herewith, by and among the Funding Lender, the Governmental Lender and the Fiscal Agent, as it may from time to time be supplemented, modified or amended by one or more funding loan agreements, indentures or other instruments supplemental hereto entered into pursuant to the applicable provisions hereof.