SENIOR RENT definition

SENIOR RENT has the meaning set forth in the Security Deposit Agreement.
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SENIOR RENT means the amounts constituting (a) Component B of Basic Lease Rent as set forth on SCHEDULE 1.1 to the Facility Lease plus (b) any Termination Value, or other amounts payable upon a termination of the Facility Lease or otherwise payable as a result of SECTION 3.4(c) of the Facility Lease plus (c) fees, expenses and indemnities payable with respect to the Debt Service Reserve Letter of Credit.
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SENIOR RENT means the amounts constituting (a) Component B of Basic Lease Rent as set forth on Schedule 1.1 to the Facility Lease; plus (b) Component B of Termination Value as set forth on Schedule 2 to the Facility Lease, or other amounts payable upon a termination of the Facility Lease in respect of or in connection with Component B of Basic Lease Rent or otherwise payable as a result of Section 3.4(c) of the Facility Lease; plus (c) fees, expenses and indemnities payable with respect to the Debt Service Reserve Letter of Credit.
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More Definitions of SENIOR RENT

SENIOR RENT means the Rent, as that term is defined in the Senior Lease, payable by the Authority to VIG under the Senior Lease.
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Related to SENIOR RENT

  • Senior Representative means, with respect to any series of Indebtedness, the trustee, administrative agent, collateral agent, security agent or similar agent under the indenture or agreement pursuant to which such Indebtedness is issued, incurred or otherwise obtained, as the case may be, and each of their successors in such capacities.

  • Junior Representative means, with respect to any series of Permitted Junior Debt, the trustee, administrative agent, collateral agent, security agent or similar agent under the indenture or agreement pursuant to which such Permitted Junior Debt is issued, incurred or otherwise obtained and each of their successors in such capacities.

  • Senior Lien means the Liens on the Senior Collateral in favor of the Senior Secured Parties under the Senior Collateral Documents.

  • Senior Creditor means a holder or holders of Senior Indebtedness and includes any representative or representatives, agent or agents or trustee or trustees of any such holder or holders;

  • Senior Lender means each holder of a Senior Note.