Subordinated Debt Lenders definition

Subordinated Debt Lenders means the “Lenders” as such term is defined in the Subordinated Debt Agreement.
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Subordinated Debt Lenders means each of the lenders from time to time a party under the Subordinated Debt Loan Agreement.
Sample 1
Subordinated Debt Lenders means, collectively (i) Auxly, (ii) 2082033 Alberta Inc., (iii) FCC; and (iv) any additional debt lender approved by Lender, who, in each case, are party to the Intercreditor Agreement or adequately deeply subordinated in the sole opinion of the Lender, and “Subordinated Debt Lender” means any one of them.
Sample 1

Examples of Subordinated Debt Lenders in a sentence

  • Existing Subordinated Debt Notes - the Senior Subordinated Secured Convertible Notes, dated as of December 31, 2004, issued by the Borrower Agent in favor of the Existing Subordinated Debt Lenders, in the original aggregate principal amount of $25,000,000, as amended, restated, supplemented, modified, renewed, extended or refinanced from time to time in accordance with the terms of the Intercreditor Agreement.

  • In this Agreement, unless something in· the subject matter or context is inconsistent therewith: "80/20 Ratio" refers to the Project being financed 80% by total Debt financing pursuant to Senior Commercial Debt and 20% by total equity financing as contemplated by section 6.1 of the Processing Agreements, or such other lower ratio of total Debt financing to total equity financing as agreed by the Subordinated Debt Lenders from time.

  • Any provision of this Agreement may be amended only if the Collateral Agent, CNRL and each of the Subordinated Debt Lenders so agree in writing (and a copy of any such amendment shall be provided to the Borrower) and, except as otherwise specifically provided herein, may be waived only if the Collateral Agent and each of the Subordinated Debt Lenders so agree in writing.

  • This Agreement constitutes the whole and entire agreement between the Subordinated Debt Lenders and the Collateral Agent regarding the subject matter hereof and such parties agree there are no prior agreements (including any commitment letters), undertakings, declarations, commitments, representations, written or oral, in respect thereof.

  • Any such waiver and any consent by the Collateral Agent and the Subordinated Debt Lenders under any provision of this Agreement must be in writing (including, for certainty, by electronic mail) and may be LEGAL_CAL:ll274332.16 given subject to any conditions thought fit by the person giving that waiver or consent.

  • Except with the prior written consent of the Collateral Agent (such consent to be provided in accordance with the Senior Commercial Debt Agreements), the Subordinated Debt Lenders shall not sell, assign or otherwise transfer any of their rights or obligations under this Agreement.

Related to Subordinated Debt Lenders

  • Subordinated Lenders means each and every Person to whom any of the Subordinated Indebtedness are owed.

  • Subordinated Lender means each Seller, in its capacity as subordinated lender pursuant to the relevant Subordinated Loan Agreement.

  • Subordinated Debt Documents means any documents evidencing and/or securing Debt governed by a Subordination Agreement, all of which documents must be in form and substance acceptable to Agent in its sole discretion. As of the Closing Date, there are no Subordinated Debt Documents.

  • Refinancing Lenders has the meaning specified in Section 2.15(c).

  • First Lien Indebtedness means any Indebtedness for borrowed money (which, for the avoidance of doubt, does not include Purchase Money Indebtedness, and any related Liens thereto) secured by a Lien on any assets of the Issuer or any Restricted Subsidiary ranking pari passu with the Liens securing the Notes Obligations.

  • Second Lien Indebtedness means the Indebtedness of the Loan Parties owing to the Second Lien Agent and the Second Lien Lenders under the Second Lien Credit Agreement, which Indebtedness is on terms and conditions reasonably acceptable to the Collateral Agent.

  • Second Lien Lenders means the “Lenders” under and as defined in the Second Lien Credit Agreement.

  • First Lien Lenders means the “Lenders” under and as defined in the First Lien Credit Agreement.

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

  • Subordinated Debt is indebtedness incurred by Borrower subordinated to all of Borrower’s now or hereafter indebtedness to Bank (pursuant to a subordination, intercreditor, or other similar agreement in form and substance satisfactory to Bank entered into between Bank and the other creditor), on terms acceptable to Bank.

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • Subordinated Indebtedness Documents means any document, agreement or instrument evidencing any Subordinated Indebtedness or entered into in connection with any Subordinated Indebtedness.

  • Junior Debt Documents means the agreements governing any Junior Debt.

  • Exit Facility Lenders means each of the lenders under the Exit Facility Credit Agreement, solely in their respective capacities as such.

  • Refinancing Lender has the meaning set forth in Section 2.15(c).

  • Second Lien Debt means the indebtedness under the Second Lien Indenture Notes issued on the date hereof and guarantees thereof and all additional indebtedness incurred under any Additional Second Lien Documents and all additional indebtedness in respect of Additional Notes and guarantees thereof, in each case, that was permitted to be incurred and secured in accordance with the Secured Debt Documents and with respect to which the requirements of Section 4.04(b) have been (or are deemed) satisfied, and all Indebtedness incurred under any Second Lien Substitute Facility.

  • Junior Lien Indebtedness means any Indebtedness of any Credit Party that is secured by Liens on Collateral that rank junior in priority to the Liens that secure the Obligations.

  • Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.

  • Subordinate Lender means the person or entity named as such in the first paragraph of this Agreement and any other person or entity who becomes the legal holder of the Subordinate Note after the date of this Agreement.

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • Subordinated Loan Documents means at any time the agreements and other documents then governing the Subordinated Indebtedness.

  • Senior Credit Facility shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.

  • First Lien Debt means the Initial First Lien Debt and any Additional First Lien Debt.

  • Subordinated Indebtedness means any Indebtedness of the Borrower or any Subsidiary the payment of which is subordinated to payment of the obligations under the Loan Documents.

  • Subordinated Loans means any loan incurred by the Issuer or any of its Subsidiaries, if such loan (i) according to its terms (or pursuant to a subordination agreement on terms and conditions satisfactory to the Trustee) is subordinated to the obligations of the Issuer under the Terms and Conditions; (ii) according to its terms have a final redemption date or, when applicable, early redemption dates or instalment dates which occur after the Final Redemption Date; and (iii) according to its terms yield only payment-in-kind interest.

  • Senior Debt Documents means (a) the Credit Agreement Loan Documents and (b) any Additional Senior Debt Documents.