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 has the meaning specified therefor in the Preamble hereto.

Subordinated Creditor means the Subordinated Creditor that is a signatory hereto and, at any relevant time, the holders of Subordinated Obligations at such time, including, without limitation, the Subordinated Noteholders and any agents and arrangers under the Indenture.

Examples of Subordinated Creditor in a sentence

Except where expressly provided in this Deed, nothing contained in this Deed is intended to or shall impair, as between the Subordinated Creditor, any Obligor and any Secured Creditor, the obligations of the Subordinated Creditor or any Obligor under the Finance Documents to which such Secured Creditor is a Party, including the obligation of the Subordinated Creditor and of each Obligor to pay the Secured Creditors all of the Secured Obligations owing by it.
The Subordinated Creditor and each Obligor expressly acknowledges that no failure or delay by a Secured Creditor in exercising any of its rights in relation to a Default, an Event of Default or other default as a result of the provisions of this Deed shall operate as a waiver or variation of its rights with respect thereto.

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 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 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.