Subordinated Lender definition

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

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Subordinated Lender means TD in its capacity as lender under the Subordinated Loan Agreement and its successors and permitted assigns in such capacity under the Subordinated Loan Agreement.

Subordinated Lender means each Seller, in its capacity as subordinated lender pursuant to the relevant Subordinated Loan Agreement and "Subordinated Lenders" means, collectively, all of them;

Examples of Subordinated Lender in a sentence

The Security Agent shall not be liable for any loss or damage suffered by the Subordinated Lender save in respect of such loss or damage which is suffered as a result of gross negligence (▇▇▇▇▇ Fahrlässigkeit) or wilful misconduct (Vorsatz) of the Security Agent.
The Subordinated Lender herewith undertakes to subordinate (subordinieren) and herewith subordinates, with effect as of the Effective Time, the Subordinated Claims towards the Priority Claims for the period until the Discharge Date, provided that, for the avoidance of doubt, such subordination shall include a postponement of the payment of the Subordinated Claims (Stundung) (the Subordination) and provided further that the Subordination shall not prohibit to make a Permitted Payment.
The Subordinated Lender shall not have the right to offset any payment obligation owed under any of the Finance Documents with any claim against any of the Secured Parties.
The books of the Subordinated Lender and such schedule shall be presumptive evidence of the amounts due and owing to the Subordinated Lender by the Borrower; provided that any failure of the Subordinated Lender to record a notation in its books or on the schedule to this Note as aforesaid or any error in so recording shall not limit or otherwise affect the obligation of the Borrower to repay Subordinated Loans in accordance with their respective terms set forth herein.
Each determination by the Subordinated Lender of an interest rate hereunder shall be final, binding and conclusive on the Borrower (absent manifest error).

More Definitions of Subordinated Lender

Subordinated Lender means the subordinated lender under the Subordinated Loan Agreement, being Volkswagen Financial Services (UK) Limited.

Subordinated Lender means collectively, any Person who enters into a Subordination Agreement with Lender with respect to amounts owed by any Credit Party to such Subordinated Lender, including but not limited to Lone Star Value Investors, LP and/or Lone Star Value Co-Invest I, LP, EdgeBuilder Wall Panels, Inc. and Glenbrook Lumber & Supply, Inc.

Subordinated Lender means any Person who enters into a Subordination Agreement with Agent with respect to amounts owed by any Credit Party to such Person.

Subordinated Lender means Banco Santander, S.A. in its capacity as subordinated lender under the Subordinated Loan Agreement;

Subordinated Lender means Conseco, Inc., in its capacity as holder of the Subordinated Debt.

Subordinated Lender means any Person party to the Subordinated Loan Agreement as a “lender”.

Subordinated Lender means Avis Finance Company Limited, a private limited company incorporated in England and Wales, as lender to the Issuer under the Issuer Subordinated Facility Agreement.