Shareholder Subordinated Note definition

Shareholder Subordinated Note means an unsecured junior subordinated note issued by the Company (and not guaranteed or supported in any way by any Restricted Subsidiary of the Company), which note shall be in the form of Exhibit L; provided that additional provisions may be included so long as such provisions do not adversely affect the interests of the Lenders in a material manner and are not in conflict with the provisions of this Agreement or any other Loan Document and are otherwise reasonably acceptable to the Administrative Agent.
Shareholder Subordinated Note means an unsecured junior subordinated note issued by Parent and not guaranteed by any Subsidiary of Parent substantially in the form of Exhibit M, as the same may be modified, amended or supplemented from time to time pursuant to the terms hereof and thereof.
Shareholder Subordinated Note means an unsecured junior subordinated note issued by the Borrower or any of its Subsidiaries in the form of Exhibit L.

Examples of Shareholder Subordinated Note in a sentence

  • For the purposes hereof, the "Shareholder Subordinated Note" shall mean the subordinated note of Paraxxxxxx xxxued to the Shareholder containing substantially the terms described in Annex A hereto.

  • EXHIBIT G Form of Officers' Certificate EXHIBIT H U.S. Pledge Agreement EXHIBIT I Security Agreement EXHIBIT J Form of Subsidiary Guaranty EXHIBIT K Form of Solvency Certificate EXHIBIT L Form of Assignment and Assumption Agreement EXHIBIT M Form of Intercompany Note EXHIBIT N Form of Permitted Earn-Out Debt Subordination Provision EXHIBIT O Form of Permitted Seller Note EXHIBIT P Form of Shareholder Subordinated Note CREDIT AGREEMENT, dated as of April 7, 2004 among AC SAFETY HOLDING CORP.

  • The Shareholder Subordinated Note shall be on terms and in form and substance satisfactory to Banks in their sole discretion, and Xxxxxx X.

  • The Shareholder agrees that he shall promptly after the execution hereof and receipt of the dividend referred to in the whereas clause invest $7,185,467 in Paraxxxxxx xx return for the Shareholder Subordinated Note.

  • The Shareholder Subordinated Note shall be on terms and in form and substance satisfactory to Bank in its sole discretion, and Xxxxxx X.


More Definitions of Shareholder Subordinated Note

Shareholder Subordinated Note means an unsecured junior subordinated note in the form of Exhibit E and issued pursuant to Section 10.03(e), as the same may be modified, amended or supplemented from time to time pursuant to the terms hereof and thereof.
Shareholder Subordinated Note means an unsecured note issued by QD Inc. (and not guaranteed or supported in any way by the Company or any of its Subsidiaries) which is subordinated to QD Inc.’s Guarantee and is used to finance repurchases by QD Inc. of Capital Stock of QD Inc., which repurchases are contemplated to be made pursuant to paragraph (4) of Section 4.3.
Shareholder Subordinated Note means an unsecured junior subordinated note issued by Holdings (and not guaranteed or supported in any way by Company or any of its Subsidiaries) containing subordination provisions substantially in the form of, or no less favorable to Lenders (in the reasonable judgment of Administrative Agent) than the subordination provisions contained in Exhibit XVIII annexed hereto, as such note may be ------------- amended, supplemented or otherwise modified from time to time to the extent permitted under subsection 7.14.
Shareholder Subordinated Note means an unsecured junior subordinated note issued by any Holding Company and not guaranteed by any Subsidiary of any Holding Company in the form of Exhibit E and issued pursuant to Section 10.03(e), as the same may be modified, amended or supplemented from time to time pursuant to the terms hereof and thereof.
Shareholder Subordinated Note means an unsecured junior subordinated note issued by the Borrower (and not guaranteed or supported in any way by any Subsidiary of the Borrower), which note shall be in the form of Exhibit M; provided that additional provisions may be included so long as such provisions do not adversely affect the interests of the Lenders in a material manner and are not in conflict with the provisions of this Agreement or any other
Shareholder Subordinated Note means an unsecured junior subordinated note issued by Parent (and not guaranteed or supported in any way by Holdings or any of its Subsidiaries), which note shall be in the form of Exhibit M, provided that additional provisions may be included so long as such provisions do not adversely affect the interests of the Banks and are not in conflict with the provisions of this Agreement or any other Credit Document.
Shareholder Subordinated Note means an unsecured junior subordinated note issued by Exide U.S. (and not guaranteed or supported in any way by any Subsidiary of Exide U.S.) in the form of Exhibit R, as the same may be amended, modified and/or supplemented from time to time in accordance with the terms hereof and thereof.