Senior Holder definition

Senior Holder means, (i) the Note Holders of Series A until the Secured Obligations in respect of Series A Equipment Notes have been paid in full, (ii) after the Secured Obligations in respect of Series A Equipment Notes have been paid in full, the Note Holders of Series B until the Secured Obligations in respect of Series B Equipment Notes have been paid in full and (iii) after the Secured Obligations in respect of Series B Equipment Notes have been paid in full, the Note Holders of Series C until the Secured Obligations in respect of Series C Equipment Notes have been paid in full.

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Senior Holder is defined in Section 2.13(c) of the Trust Indenture.

Senior Holder means, in the case of a share held by two or more joint holders, whichever of them is named first in the register;

Examples of Senior Holder in a sentence

• Subject to the provisions of Section 3.1, the Guarantee Trustee shall be entitled to rely on the delivery to it of a written notice by a Person representing himself to be a holder of Senior Indebtedness or Designated Senior Holder (or a trustee, fiduciary or agent therefor) to establish that such notice has been given by a holder of Senior Indebtedness or Designated Senior Holder (or a trustee, fiduciary or agent therefor).

• Subject to the provisions of Section 6.1 of the Indenture, the Trustee shall be entitled to rely on the delivery to it of a written notice by a Person representing himself to be a holder of Senior Indebtedness or Designated Senior Holder (or a trustee, fiduciary or agent therefor) to establish that such notice has been given by a holder of Senior Indebtedness or Designated Senior Holder (or a trustee, fiduciary or agent therefor).

• No Senior Holder shall sell, assign or otherwise transfer or further encumber any Senior Debt or interest therein without first procuring and delivering to the Subordinated Creditors evidence in writing of the consent and agreement of the purchaser, pledgee, assignee or transferee of such Senior Debt or interest therein to comply with all terms, conditions and provisions of, and be bound by, this Subordination Agreement.

• Subject to the provisions of Section 6.01 hereof, the Trustee shall be entitled to rely on the delivery to it of a written notice by a Person representing himself to be a holder of Senior Indebtedness or Designated Senior Holder (or a trustee, fiduciary or agent therefor to establish that such notice has been given by a holder of Senior Indebtedness or Designated Senior Holder or a trustee, fiduciary or agent therefor).

• The provisions of this Article 12.4 shall not be binding upon any Senior Holder with respect to those matters set forth in Article 58 below.

More Definitions of Senior Holder

Senior Holder is defined in Section 2.14(c) of the Trust Indenture.

Senior Holder means (i) the Note Holders of Series AA Equipment Notes and Related Note Holders of the Related Series AA Equipment Notes until the Secured Obligations in respect of Series AA Equipment Notes and Related Series AA Equipment Notes have been paid in full, (ii) after the Secured Obligations in respect of Series AA Equipment Notes and Related Series AA Equipment Notes have been paid in full, the Note Holders of Series A Equipment Notes and Related Note Holders of the Related Series A Equipment Notes until the Secured Obligations in respect of Series A Equipment Notes and Related Series A Equipment Notes have been paid in full and (iii) after the Secured Obligations in respect of Series A Equipment Notes and Related Series A Equipment Notes have been paid in full, (and except as otherwise provided in an amendment to this Trust Indenture pursuant to Section 10.01(b) hereof), the Note Holders of the Additional Series Equipment Notes, if issued, and Related Note Holders of the Related Additional Series Equipment Notes, if issued, until the Secured Obligations in respect of the Additional Series Equipment Notes and Related Additional Series Equipment Notes have been paid in full.

Senior Holder shall have the meaning specified in Section 2.15(c) of the Trust Indenture.

Senior Holder means, (i) the Holders of Series A Certificates until the Secured Obligations in respect of Series A Certificates have been paid in full, (ii) after the Secured Obligations in respect of Series A Certificates have been paid in full, the Holders of Series B Certificates until the Secured Obligations in respect of Series B Certificates have been paid in full and (iii) after the Secured Obligations in respect of Series B Certificates have been paid in full, the Holders of Series C Certificates until the Secured Obligations in respect of Series C Certificates have been paid in full.

Senior Holder or "Senior Holders" shall mean, (i) the Note Holders of Series A until the Secured Obligations in respect of Series A Equipment Notes have been paid in full, (ii) after the Secured Obligations in respect of Series A Equipment Notes have been paid in full, the Note Holders of Series B until the Secured Obligations in respect of Series B Equipment Notes have been paid in full, (iii) after the Secured Obligations in respect of Series B Equipment Notes have been paid in full, the Note Holders of Series C until the Secured Obligations in respect of Series C Equipment Notes have been paid in full and (iv) after the Secured Obligations in respect of Series C Equipment Notes have been paid in full, the Note Holders of Series D until the Secured Obligations in respect of Series D Equipment Notes have been paid in full.

Senior Holder has the meaning specified for such term in Section 2.15(c) of the Indenture.

Senior Holder means the Certificate Holders of Series G until the Secured Obligations in respect of Series G Secured Certificates have been paid in full.