Examples of Existing Subordinated Obligations in a sentence
He wondered to what extent child care and children born out of wedlock were problems in Barbados, and what measures were being taken to safeguard the interests and welfare of children.
Upon the Closing, the Old Debt Agreements shall be superseded by this Agreement, the New Subordinated Note Indenture and (to the extent applicable) the other Restructuring Documents and shall be of no further force and effect (provided that the Existing Subordinated Obligations shall have been renewed, extended and otherwise satisfied pursuant to subsections 3.2(a) and (b)).
Upon an Event of Default or Events of Default, such Event of Default or Events of Default may be waived, but only: (i) with respect to the Senior Lenders, by the holders of a majority of the Senior Obligations outstanding on the date thereof, or (ii) with respect to the Existing Subordinated Lenders, by the holders of a majority of the aggregate principal amount of the Existing Subordinated Obligations outstanding on the date thereof.