Subordinated Creditor definition

Subordinated Creditor means any creditor of Tenant which is a party to a Subordination Agreement in favor of Landlord.

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Subordinated Creditor means each Person now or in the future who agrees to subordinate indebtedness of the Borrower held by that Person to the payment of the Obligations.

Subordinated Creditor has the meaning specified therefor in the Preamble hereto.

Examples of Subordinated Creditor in a sentence

• A Distribution made pursuant to this Agreement to Senior Creditor which otherwise would have been made to Subordinated Creditor is not, as between the Companies and Subordinated Creditor, a payment by the Companies to or on account of the Senior Debt.

• The rights of Subordinated Creditor with respect to the Shared Collateral shall at all times be subject to the terms of this Agreement.

• Subordinated Creditor hereby waives to the extent permitted by applicable law, any rights which it may have to enjoin or otherwise obtain a judicial or administrative order preventing Senior Creditor from taking, or refraining from taking, any action with respect to the Senior Note Documents or all or any part of the Shared Collateral not in violation of the terms of this Agreement.

• Subordinated Creditor shall not, without the prior written consent of Senior Creditor, receive any Lien from Pubco, Dogecoin or any Company with respect to the Subordinated Debt other than Subordinated Creditor’s Lien in the Shared Collateral (as defined herein and granted under the Subordinated Pledge Agreement as in effect on the Effective Date) and the Lien in the “Collateral” (as defined in and granted under the Subordinated Pledge Agreement as in effect on the Effective Date).

• Subordinated Creditor shall be deemed to have consented to such Disposition and Subordinated Creditor shall execute such releases or other instruments with respect to the Shared Collateral as Senior Creditor requests to evidence the release of Subordinated Creditor’s Lien in the Shared Collateral.

More Definitions of Subordinated Creditor

Subordinated Creditor means any Restricted Person who has, at any relevant time, entered into a Pledge of Subordinated Shareholder Loans and the Security Deed or a Security Provider’s Deed of Accession.

Subordinated Creditor means, for the purpose of any Continuing Document, each person that was an original party, or who has acceded, to the Intercreditor Agreement as a Subordinated Creditor or Intra-Group Lender.

Subordinated Creditor means any Person that shall have entered into a Subordination Agreement with Term Agent, on behalf of the Secured Parties.

Subordinated Creditor shall have the meaning set forth in the initial paragraph to this Agreement.

Subordinated Creditor has the meaning specified in the introductory paragraph hereto or any holder of the Acquisition Note.

Subordinated Creditor means any third party including any direct or indirect shareholder of the Issuer (for the avoidance of doubt not including any Secured Party or any ICA Group Company) in its capacity as creditor in respect of Subordinated Debt.

Subordinated Creditor means any creditor of the Issuer in its capacity as creditor in respect of Subordinated Debt which has acceded to the Intercreditor Agreement as a Subordinated Creditor in accordance with the terms of the Intercreditor Agreement.