Postponement and Subordination Agreement definition

Postponement and Subordination Agreement means the amended and restated postponement and subordination agreement dated as of June 8, 2011 (as amended, amended and restated, supplemented, refinanced, replaced or otherwise modified and in effect from time to time), with, inter alia, the Borrower, the Lender, and each Senior Agent.
Postponement and Subordination Agreement means any agreement that may be entered into from time to time to provide for the subordination of any other Debt in relation to the Obligations or the Other Secured Obligations.
Postponement and Subordination Agreement means a postponement and subordination agreement among the Lender, an Obligor and another Person which agreement shall provide for (i) the postponement and subordination in favour of the Lender of all amounts owing to such Person by an Obligor on terms reasonably satisfactory to the Lender and (ii) the subordination in favour of the Security of any Encumbrance granted to such Person.

Examples of Postponement and Subordination Agreement in a sentence

  • Annex 8 – Form of Postponement and Subordination Agreement: this annex contains substantially the form of postponement and subordination agreement.

  • The Borrower shall cause any Subsidiary of the Borrower which is not an Obligor, prior to the incurrence of any such Indebtedness, to execute and deliver to the Administrative Agent a Postponement and Subordination Agreement or an instrument of adhesion thereto.

  • The Borrower shall cause all Indebtedness owing by any Obligor to any Subsidiary of the Borrower which is not an Obligor to be subordinated and postponed, pursuant to a Postponement and Subordination Agreement, to the Secured Obligations of such Obligor for so long as an Event of Default has occurred and is continuing.

  • The Secured Party subordinated its security interest to Bank of America, NA pursuant to Postponement and Subordination Agreement dated 10-29-04.

  • Assignors”), each, individually, entered into a Postponement and Subordination Agreement with BMO (collectively, the “Postponement Agreements”).

  • Montrovest Subordination Agreement - collectively, (i) Section 5.6 of the Montrovest Debt Documents referred to in clauses (i) and (ii) of the definition of “Montrovest Debt Documents”, and (ii) the Amended and Restated Postponement and Subordination Agreement, dated as of the Closing Date, among the Canadian Borrower, Montrovest B.V., the Administrative Agent, the Canadian Agent and the Term Loan Agent.

  • Postponements can be obtained by way of a formal Postponement and Subordination Agreement drafted by your solicitor for the specific situation or simply by means of a letter from the prior claimant.

  • Peakhill, the Borrower, and the Subsequent Mortgagee entered into the Postponement and Subordination Agreement (attached hereto as Exhibit “11”) in respect of the Borrower’s separate indebtedness and security to Peakhill and the Subsequent Mortgagee.

  • Postponement and Subordination Agreement between the Borrower, the Bank, Herbert M.

  • Montrovest Subordination Agreement - collectively, (i) Section 5.6 of the Montrovest Debt Documents referred to in clauses (i) and (ii) of the definition of “Montrovest Debt Documents”, and (ii) the Amended and Restated Postponement and Subordination Agreement, dated as of the Effective Date, among the Canadian Borrower, Montrovest B.V., the Administrative Agent, and the Revolving Canadian Agent, in each case as hereafter amended, restated, supplemented or otherwise modified with the consent of the Agents.


More Definitions of Postponement and Subordination Agreement

Postponement and Subordination Agreement means the amended and restated postponement and subordination agreement dated as of June 8, 2011 (as amended, amended and restated, supplemented, refinanced, replaced or otherwise modified and in effect from time to time), with, inter alia, the Corporation, the Holder, and each Senior Agent.
Postponement and Subordination Agreement means each postponement and subordination agreement to be entered into from time to time by the Ultimate Parent or any Subsidiary thereof (other than an Obligor) which is a creditor of an Obligor, in form and substance satisfactory to the Administrative Agent.

Related to Postponement and Subordination Agreement

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

  • 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.

  • 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.

  • 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 in form and substance and on terms and conditions satisfactory to Administrative Agent.

  • Subordination Agreement means an agreement among the Agent, the applicable Borrower or Subsidiary of the Borrower and the holder of any Subordinated Debt, pursuant to which such Indebtedness is made subordinate in right of payment to Payment in Full of all Obligations on terms reasonably satisfactory to the Agent.

  • Reaffirmation Agreement means that certain Reaffirmation Agreement, dated as of the date hereof, between the Loan Parties and the Administrative Agent, for the benefit of the Administrative Agent and the Lenders and the other holders of the Secured Obligations.

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

  • Restatement Agreement means the Restatement Agreement to the Existing Credit Agreement dated as of June 30, 2017 by and among each of the Loan Parties party thereto, the Administrative Agent and the Lenders party thereto.

  • 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.

  • Amendment and Restatement Agreement means the Amendment and Restatement Agreement, dated as of January 29, 2016, among the Borrowers, the Lenders party thereto and the Administrative Agent.

  • TBT Agreement means the Agreement on Technical Barriers to Trade, which is part of the WTO Agreement;

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

  • 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.

  • 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.

  • Main Agreement means the part of this Agreement that commences on the first page and ends with but includes Schedule A, excluding Section 3(d) (which incorporates this Schedule C into the Agreement).

  • Farm-In Agreement means an agreement whereby a Person agrees to pay all or a share of the drilling, completion or other expenses of an exploratory or development well (which agreement may be subject to a maximum payment obligation, after which expenses are shared in accordance with the working or participation interest therein or in accordance with the agreement of the parties) or perform the drilling, completion or other operation on such well in exchange for an ownership interest in an oil or gas property.

  • Extension Agreement shall have the meaning provided in Section 2.15(c).

  • Assignment of Management Agreement means the Assignment of Management Agreement and Subordination of Management Fees, dated the same date as this Loan Agreement, among Borrower, Lender and Property Manager, including all schedules, riders, allonges and addenda, as such Assignment of Management Agreement may be amended from time to time, and any future Assignment of Management Agreement and Subordination of Management Fees executed in accordance with Section 6.09(d).

  • 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.

  • Construction Loan Agreement means the Construction Loan Agreement between Lender and Borrower for construction on the Land.

  • Reservation agreement means a written contract entered into between MBOH and the taxpayer to provide for a Reservation and setting forth the terms and conditions under which the taxpayer may obtain a Carryover Commitment or Final Allocation.

  • Farm-Out Agreement means a Farm-In Agreement, viewed from the standpoint of the party that transfers an ownership interest to another.

  • Amended Facility Agreement means the Facility Agreement as amended and supplemented by this Agreement.

  • Alternative Acquisition Agreement shall have the meaning set forth in Section 6.5(c).

  • Guaranty Agreements means and includes the Guarantee of the Loan Parties provided for in Section 11 and any other guaranty agreement executed and delivered in order to guarantee the Secured Obligations or any part thereof in form and substance acceptable to the Administrative Agent.

  • the Second Variation Agreement means the agreement a copy of which is set forth in the Third Schedule;