Subordinated Facility definition

Subordinated Facility means the Subordinated Indenture, the other Note Documents (as defined therein) and the transactions contemplated thereunder

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Subordinated Facility means the facility made available pursuant to the Subordinated Facility Agreement.

Subordinated Facility means either of (i) senior subordinated unsecured notes of the Company issued in a public offering or Rule 144A private placement in the amount of One Hundred Seventy-Five Million Dollars ($175,000,000) or (ii) a subordinated credit facility in the amount of One Hundred Seventy-Five Million Dollars ($175,000,000).

Examples of Subordinated Facility in a sentence

All debt (as hereinafter defined) of a Debtor under the Senior Facility Agreement is hereinafter referred to as "senior debt" and all debt (as hereinafter defined) of a Debtor under the Subordinated Facility Agreement is hereinafter referred to as "subordinated debt".
All debt (as hereinafter defined) under the Senior Facility Agreement is hereinafter referred to as "senior debt" and all debt (as hereinafter defined) under the Subordinated Facility Agreement is hereinafter referred to as "subordinated debt".
Debtor also is or may be indebted to Creditor pursuant to that certain Facility Agreement Letter dated January 14, 1997 between Debtor and Creditor ("Subordinated Facility Agreement").
All debt (as hereinafter defined) of a Debtor under the Senior Credit Agreement is hereinafter referred to as "senior debt" and all debt of a Debtor under the Subordinated Facility Agreement is hereinafter referred to as "subordinated debt".
Debtor also is or may be indebted to Creditor pursuant to that certain Facility Agreement Letter dated January 8, 2004, between Debtor and Creditor (the "Subordinated Facility Agreement").

More Definitions of Subordinated Facility

Subordinated Facility means the £300 million subordinated term loan facility deed dated

Subordinated Facility means that certain Subordinated Credit Agreement dated as of the date hereof by and between the Borrower and Trilon (Luxembourg) S.A.R.L., an Affiliate of Brookfield Asset Management, Inc., as the same may be amended, restated, modified, supplemented, extended, renewed, refunded, replaced or refinanced from time to time pursuant to one or more agreements under which Brookfield Asset Management, Inc. and/or any of its Affiliates are the only lenders, in each case as and to the extent permitted by the Loan Documents.

Subordinated Facility means the Company's $25 million Senior Subordinated Credit Facility, dated March 31, 1999.

Subordinated Facility as defined in the Preamble hereto. ---------------------

Subordinated Facility means the $10,000,000 unsecured operating line of credit granted to NHLP by the Initial Limited Partner, as further described in ITEM 2.7: MATERIAL AGREEMENTS.

Subordinated Facility means the senior subordinated unsecured credit facility created pursuant to the Loan Agreement dated as of the date hereof among the Borrower, the lenders named therein and The Chase Manhattan Bank, as administrative agent.

Subordinated Facility has the meaning ascribed thereto in Clause 2.