Senior Liabilities definition

Senior Liabilities means the Senior Lender Liabilities and the Hedging Liabilities.

Senior Liabilities means all present and future moneys, debts and liabilities due, owing or incurred by the Obligors to any Finance Party under or in connection with any Finance Document (in each case, whether alone or jointly, or jointly and severally, with any other person, whether actually or contingently and whether as principal, surety or otherwise).

Senior Liabilities means all Liabilities except the Subordinated Liabilities and Excluded Liabilities;

Examples of Senior Liabilities in a sentence

• Designation Duly executed copy of notices from the Company: (a) designating the J Facility as New Senior Liabilities in accordance with Clause 12 (New Senior Liabilities) of the Group Intercreditor Agreement; and (b) designating the J Facility as Designated Senior Liabilities in accordance with Clause 8.2 (Designated Senior Liabilities) of the HYD Intercreditor Agreement.

• Subordination Agreements define an amount of the outstanding loans subordinated thereof, certain obligations of Junior Creditors and the Lending Company, and sets certain conditions on the treating of the Senior Liabilities in any winding up, bankruptcy, insolvency, reorganisation, composition of debts or similar proceedings or arrangement commenced by or against the Lending Company.

• The Lending Company and the Junior Creditors undertake to amend the Loan Agreements and ensure that the Junior Liabilities shall become due and payable on the first business day occurring after the date on which all Senior Liabilities have been fully and irrevocably paid to Mintos and the Issuer and the Cooperation Agreement have terminated or the date occurring in 10 (ten) years after the repayment date under the Corporate Loan Agreements (whichever occurs earlier).

More Definitions of Senior Liabilities

Senior Liabilities means all present and future sums liabilities and obligations payable or owing by the Borrower (whether actual or contingent, jointly or severally or otherwise) but not including Subordinated Liabilities;

Senior Liabilities means all obligations of the Purchaser to the Trust and any other obligations of the Purchaser arising under or in connection with the Sale and Servicing Agreement, howsoever created, arising or evidenced, whether direct or indirect, absolute or contingent, now or thereafter existing, or due or to become due on or before the Final Maturity Date.

Senior Liabilities. ’ means all liabilities of the Issuer except subordinated liabilities; and

Senior Liabilities means for any Person at any time, all Debt, other than contingent liabilities and Subordinated Debt.

Senior Liabilities means all amounts that are “Senior Secured Liabilities” under and as defined in the Intercreditor Agreement or which do not constitute such liabilities solely because they are unsecured and the holders thereof have accordingly not become parties to the Intercreditor Agreement.

Senior Liabilities as used herein, shall include, without limitation, any and all interest accruing on any of the Senior Liabilities after the commencement of any proceedings referred to in paragraph 4 hereof, notwithstanding any provision or rule of law which might restrict the rights of the Bank, as against the Borrowers or anyone else, to collect such interest.

Senior Liabilities means the sum of total liabilities, including Capital Lease Obligations and all reserves for deferred taxes and other deferred items appearing on the liabilities side of a balance sheet, determined in accordance with GAAP.