Subordinated Document definition

Subordinated Document means any document evidencing or recording the terms of any Subordinated Debt.
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Examples of Subordinated Document in a sentence

  • The failure to make any payment with respect to the Subordinated Indebtedness by reason of this Agreement shall not be construed as preventing the occurrence of a default under any Subordinated Document.

  • In the event of any conflict between the provisions of this Agreement and the provisions of any Senior Document or any Subordinated Document, the provisions of this Agreement shall govern.

  • The Subordinated Party will notify the Security Agent of the occurrence of an event of default or potential event of default (however described) under or breach of any Subordinated Document, promptly upon becoming aware of it.

  • If (i) any event of default (as each term or similar term is defined in any Convertible Subordinated Document) shall occur under any Convertible Subordinated Document or any agreement executed in connection therewith, or (ii) the Indebtedness incurred in connection with any Convertible Subordinated Note shall be accelerated for any reason.

  • Any Subordinated Creditor will notify the Security Agent, of the occurrence of an event of default or potential event of default (however described) under or breach of any Subordinated Document, promptly upon becoming aware of it.

  • In the event of any conflict between the provisions of any Senior Document and the provisions of any Subordinated Document, the provisions of the relevant Senior Document shall govern.

  • For purposes hereof, “Subordinated Obligations” means all obligations of the Borrower to the Subordinated Holders in respect of loans, advances, extensions of credit or other indebtedness, including in respect of principal, premium (if any), interest, fees, charges, expenses, indemnities, reimbursement obligations and all other amounts payable in respect thereof under the Subordinated Document.

  • Each Senior Creditor and Subordinated Creditor, as applicable, hereby agrees that to the extent there is any inconsistency between the terms of any Senior Document or Subordinated Document, as applicable, and this Agreement, this Agreement shall prevail.

  • No Subordinated Party may object to any such matter by reason of any provision of any Subordinated Document.

  • The Borrower shall not be permitted to sub-lend or provide any financial assistance to any subsidiary other than pursuant to a Subordinated Document.