Senior definition
Senior means a person seventy years old or older.
Senior means a loan primarily secured by a first priority lien on commercial real property and related personal property and also includes, when applicable, any companion subordinate loans.
Senior as used herein shall be deemed to mean that, in the event of any default in the payment of the obligations represented by the Notes (after giving effect to "cure" provisions, if any) or of any liquidation, insolvency, bankruptcy, reorganization, or similar proceedings relating to the Company, all sums payable on Notes shall first be paid in full, with interest, if any, before any payment is made upon any other indebtedness for borrowed money, other than purchase money equipment financing, now outstanding or hereinafter incurred, and, in any such event, any payment or distribution of any character which shall be made in respect of any other indebtedness of the Company shall be paid over to the Lender of this Note for application to the payment hereof, unless and until the obligations under this Note (which shall mean the principal and other obligations arising out of, premium, if any, interest on, and any costs and expenses payable under, this Note) shall have been paid and satisfied in full.
Examples of Senior in a sentence
Senior level management in systems analysis and applications development.
Senior level management in data center operations and management functions.
Failure to deliver by 180 days of the CA 9- 1-1 Branch directed deadline shall result in 100% credit of the affected month’s MRC for each deployed solution and a Senior Executive shall appear at the 9-1-1 Advisory Board to report on the vendors failure to comply.
Officer -in- Charge Senior member assigned to oversee crews of three to seven (including the OIC) detail members.
Senior level management in network operations and management functions.
More Definitions of Senior
Senior means a person who is at least 55 years of age, and includes a person who resides with a person who is at least 55 years of age.
Senior or “elderly” shall mean persons sixty (60) years of age or older. A “Senior Representative” shall be someone, who may also be a senior, representing the needs of elderly transportation system users, and who is familiar through association with groups or individuals, or facilities serving seniors, with the special transportation needs of elderly users.
Senior means a person age 60 or older;
Senior means an applicant who is sixty-six years of age or older at the time of application for a permit.
Senior means a person 65 years of age or older; and
Senior means any person who is fifty-five years of age or over.
Senior means a person 55 years of age or older with an annual income not greater than 50 percent of: