Subordinated Junior Loan Note definition

Subordinated Junior Loan Note means the grid promissory note made by the Borrower in favour of the Lender pursuant to section 4.2 for the purpose of evidencing advances and principal repayments of the Subordinated Junior Loan;

Examples of Subordinated Junior Loan Note in a sentence

  • The Borrower will pay on demand all fees, costs and expenses of the Lender in connection with the enforcement of this Agreement, the First Tier Loan Note, any Second Tier Loan Note, any Subordinated Junior Loan Note, the First Tier Loan Pledge Agreements, any Second Tier Loan Pledge Agreement and any Subordinated Junior Loan Pledge Agreement and any matter incidental thereto, including the fees and disbursements of any legal counsel, independent accountant or other outside expert retained by the Lender.