Definition of Post Twelfth Amendment Subordinated Loans

  1. Post Twelfth Amendment Subordinated Loans means subordinated Indebtedness of Borrower arising after the Twelfth Amendment Closing Date to any Person; provided, that, such Person shall have entered into a subordination agreement with Agent on terms and conditions reasonably satisfactory to Agent.

Definition of Post Twelfth Amendment Subordinated Loans in Revolving Credit Term Loan and Security Agreement

Post Twelfth Amendment Subordinated Loans means subordinated Indebtedness of Borrower arising after the Twelfth Amendment Closing Date to any Person; provided, that, such Person shall have entered into a subordination agreement with Agent on terms and conditions reasonably satisfactory to Agent.