Subordinated Debt Holders definition

Subordinated Debt Holders means those holders of the notes that ------------------------- shall be converted into Series C Preferred Stock pursuant to Section 6.15.

Subordinated Debt Holders means collective reference to the Person or Persons who loan or advance funds to Borrower as Subordinated Debt.

Subordinated Debt Holders as defined in the recitals hereto.

Examples of Subordinated Debt Holders in a sentence

• A motion filed by the Official Committee of Unsecured Creditors to Commence an Adversary Proceeding against the Subordinated Debt Holders and Other Parties is the subject of such amount.

• The provisions of this Section 2 are, and are intended to be, solely for the purpose of defining the relative rights of Debtors, Subordinated Debt Holders and the holder or holders of the Senior Debt.

• Evidence satisfactory to the Administrative Agent and the Banks that the Required Subordinated Debt Holders have restructured the payments of principal and interest owed on Subordinated Debt in a manner satisfactory to the Administrative Agent and the Banks.

• The issuance of the Securities (or the underlying common stock convertible or exercisable pursuant to the Series B Preferred Stock or the Warrants) to the Landmark Parties and the Series C Preferred Stock to the Subordinated Debt Holders will not be integrated with any other issuance of the Company's securities (past, current or future) which will require any shareholder approval under the rules of the Nasdaq National Market other than the shareholder approval to be obtained in connection herewith.

• The Borrowers shall have delivered to the Agent evidence of the consent of the Subordinated Debt Holders to this Third Amendment to the Credit Agreement, including the $7,000,000 increase of the Trance B Term Loan in form and substance satisfactory to the Agent.

More Definitions of Subordinated Debt Holders

Subordinated Debt Holders means the holders of subordinated debt of Borrower listed on Schedule 1.5(a) hereto.

Subordinated Debt Holders means the registered holders at any time and from time to time of the Subordinated Debt.

Subordinated Debt Holders means the holders of Subordinated Debt Registrable Securities.

Subordinated Debt Holders means all holders of any security interests of the Grantor, whether now existing or hereafter arising, which is subordinated to the Security Interest.

Subordinated Debt Holders means collective reference to BHGD, GVI or any Affiliate or Subsidiary of BHGD or GVI who loans or advances funds to GHV as Subordinated Debt.

Subordinated Debt Holders means, in the case of the Subordinated Note Agreement, Endeavour (and its permitted successors and assigns) and in the case of the Xxxx Subordinated Note, Xxxxx X. Xxxx (and his permitted successors and assigns).

Subordinated Debt Holders has the meaning set forth in Section 5.12 below.