Subordinate Payments definition

Subordinate Payments means all installment payments scheduled to be paid by the District under all Subordinate Obligations.
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Subordinate Payments means all installment, lease or loan payments scheduled to be paid by the District under all respective agreements relating to the issuance of any Subordinate Debt.
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Subordinate Payments means all installment payments scheduled to be paid by the City under all Subordinate Obligations.
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Examples of Subordinate Payments in a sentence

  • Property insurers must plan for developments in building construction techniques and weather patterns.

  • Balloon Contract The term “Balloon Contract” means Contracts or Bonds 50% or more of the principal of which matures or is payable on the same date and which is not required by the instrument pursuant to which such Contracts or Bonds were incurred to be amortized by payment or redemption prior to such date.Balloon Installment Payments The term “Balloon Installment Payments” means any Senior Payments or Subordinate Payments designated as such in any Balloon Contract.

  • Meetings of shareholders shall be held at the principal place of business of the Corporation or at such other place as may be designated by the Board of Directors, within and without the State of Florida.

Related to Subordinate Payments

  • Debt Payments means for any period, in each case, all cash actually expended by any Borrower to make: (a) interest payments on any Advances hereunder, plus (b) scheduled principal payments on the Equipment Loans plus (c) scheduled principal payments on the Term Loans plus (d) payments for all fees, commissions and charges set forth herein, plus (e) payments on Capitalized Lease Obligations, plus (f) payments with respect to any other Indebtedness for borrowed money.

  • Payments has the meaning set forth in Section 8.11.

  • Subordinate Obligations means, collectively, the Subordinate Notes and any Other Subordinate Obligations.

  • Principal Payments For any Purchased Asset, all payments and prepayments of principal received for such Purchased Asset, including insurance and condemnation proceeds which are permitted by the terms of the Purchased Asset Documents to be applied to principal and are, in fact, so applied and recoveries of principal from liquidation or foreclosure which are permitted by the terms of the Purchased Asset Documents to be applied to principal and are, in fact, so applied.

  • Note Payment Account means the account established and maintained as such pursuant to Section 4.1(b).

  • Loan Payments means the amounts required to be paid by the Company in repayment of the Loan pursuant to Section 4.1 hereof.

  • Subordinated Claims shall have the meaning set forth in Section 3.6(c)(i) hereof.

  • Distributions means amounts payable in respect of the Trust Securities as provided in Section 4.1.