Subordinated Loan has the meaning set forth in Section 1.2(a) of the Agreement.
Subordinated Loan means any loan made by the General Partners to the Partnership pursuant to Section 6.10.
Subordinated Loan means a loan obligation of any corporation, partnership, trust or other business entity that is (i) (whether by its terms or otherwise) subordinate in right of payment or security to any other debt for borrowed money incurred by the Obligor under such loan and (ii) not a Second Lien Loan or a First Lien/Last Out Loan.
Examples of Subordinated Loan in a sentence
In addition, we are in default of certain financial covenants in the Senior Loan Agreement, as well as similar covenants in the loan agreement for the $15 million three-year term loan subordinated to the senior loan (the "Subordinated Loan Agreement") and the Securities Purchase Agreement for the 1999 Notes (the "1999 Securities Purchase Agreement").
Example of Financing Using a COVID-19 Hybrid Subordinated Loan Program: Support for Business Reorganization Company B is a wholesaler of marine products and processed marine products and processor and seller of scallops.
More Definitions of Subordinated Loan
Subordinated Loan has the meaning set forth in Section 1.2(a).
Subordinated Loan shall have the meaning given such term in Section 2.01(c) of the Sale Agreement.
Subordinated Loan has the meaning set forth in the Sale Agreement.
Subordinated Loan means a subordinated revolving loan from a Seller to the Buyer which is evidenced by a Subordinated Note.
Subordinated Loan means the loan evidenced by the Subordinated Note.
Subordinated Loan shall have the meaning ascribed to it in Section 2.1.
Subordinated Loan has the meaning set forth in the Subordinated Loan Agreement.