Subordinated Loan Debt definition

Subordinated Loan Debt means Borrowed Money incurred in relation to the Subordinated Loan Facility.
Sample 1Sample 2
Subordinated Loan Debt means Borrowed Money incurred in relation to this Facility.
Sample 1Sample 2
Subordinated Loan Debt means the Subordinated Loan Borrower Debt and the Subordinated Loan Subordinated Debt.
Sample 1

Examples of Subordinated Loan Debt in a sentence

  • Available moneys shall be paid from the Cash Interest Subordinated Loan Debt Service Account to the Assumed Subordinated Agent in payment of Debt Service due and payable on the Assumed Subordinated Loan.

  • Available moneys shall be paid from the Subordinated Loan Debt Service Account to the Cash Interest Subordinated Agent in payment of Debt Service due and payable on the Cash Interest Subordinated Loan.

  • Regarding the treatment of each agreement, JDI will make an announcement once the details have been confirmed.(Note 2) The Share Transfer will be implemented as substitute performance for the Bridge Loan Debt in the amount of JPY 20 billion and the Subordinated Loan Debt in the amount of JPY 24,695,040,000.

  • The debts to be repaid by the Share Transfer will be (i) the total amount of borrowings (the principal amount of which is JPY20 billion; the "Bridge Loan Debt") under the loan agreement dated April 18, 2019, and (ii) JPY 24,695,040,000, part of the borrowing (the principal amount of which is JPY 30 billion; the "Subordinated Loan Debt") under the loan agreement dated December 21, 2016.

  • Until (and including) the Senior Discharge Date, the HY Creditors, the FRN Creditors and the Subordinated Loan Creditors shall not take any additional Encumbrances over the Issuer or any member of the Group for the HY Debt, the FRN Debt or (as the case may be) the Subordinated Loan Debt other than those existing or permitted pursuant to the HY Finance Documents, the FRN Finance Documents and the Subordinated Loan Finance Documents.

  • In determining the amount of any payment to be made to any person pursuant to paragraph 1 of Schedule 3 (Security Trustee) the Security Trustee shall act in accordance with the information given to it by the Senior Agent (in the case of Hedge Liabilities and Senior Debt), the HY Note Trustee (in connection with HY Debt), the FRN Trustee (in connection with the FRN Debt) and the Subordinated Loan Agent (in connection with the Subordinated Loan Debt).

  • Each of the Subordinated Shareholder Creditors and the Obligors undertake not to challenge the validity and/or enforceability of any of the Finance Documents or the Equity Loan Agreements or the Senior Debt, the Hedging Liabilities, the HY Debt, the FRN Debt, the Subordinated Loan Debt or amounts due, owing or incurred under the Equity Loan Agreements.

  • For a more detailed analysis see below: Subordinated Loan Debt In David Richards J's view, under the European capital adequacy regime and on a reading of the loan agreements, the subordinated loan debt ranked below statutory interest (and currency conversion claims – see further below) as well as all other non provable debts in the order of priority of distribution of assets of LBIE.

  • Therefore, the table above includes such common shares to be subscribed for by JDI through such additional subscription.(Note 2) The digits after the first decimal place have been cut.(Note 3) The Share Transfer will be implemented as substitute performance for the Bridge Loan Debt in the amount of JPY 20 billion, and the Subordinated Loan Debt in the amount of JPY 26,320,000,000.

  • In most instances an average value from these two work packages was recommended.

Related to Subordinated Loan Debt

  • Subordinated Loan has the meaning set forth in Section 1.2(a) of the Agreement.

  • Subordinated Loans means any loan incurred by the Issuer or any of its Subsidiaries, if such loan (i) according to its terms (or pursuant to a subordination agreement on terms and conditions satisfactory to the Trustee) is subordinated to the obligations of the Issuer under the Terms and Conditions; (ii) according to its terms have a final redemption date or, when applicable, early redemption dates or instalment dates which occur after the Final Redemption Date; and (iii) according to its terms yield only payment-in-kind interest.

  • Subordinated Loan Documents means at any time the agreements and other documents then governing the Subordinated Indebtedness.

  • Subordinated Loan Agreement means a binding agreement with a Subordinated Debt Provider providing unsecured debt financing for the benefit of the Energy Complex and on terms and conditions that shall satisfy the requirements of the Financing Documents.

  • Subordinated Lenders means each and every Person to whom any of the Subordinated Indebtedness are owed.

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

  • Subordinated Indebtedness Documents means any document, agreement or instrument evidencing any Subordinated Indebtedness or entered into in connection with any Subordinated Indebtedness.

  • Subordinated Indebtedness means any Indebtedness of the Borrower or any Subsidiary the payment of which is subordinated to payment of the obligations under the Loan Documents.

  • Subordinated Debt is indebtedness incurred by Borrower subordinated to all of Borrower’s now or hereafter indebtedness to Bank (pursuant to a subordination, intercreditor, or other similar agreement in form and substance satisfactory to Bank entered into between Bank and the other creditor), on terms acceptable to Bank.

  • Subordinate Obligations means, collectively, the Subordinate Notes and any Other Subordinate Obligations.

  • Senior Subordinated Indebtedness means the Securities and any other Indebtedness of the Company that specifically provides that such Indebtedness is to rank pari passu with the Securities in right of payment and is not subordinated by its terms in right of payment to any Indebtedness or other obligation of the Company which is not Senior Indebtedness.

  • Junior Subordinated Indebtedness means the principal of (and premium, if any) and unpaid interest on (a) indebtedness of the Company (including indebtedness of others guaranteed by the Company), whether outstanding on the date hereof or thereafter created, incurred, assumed or guaranteed, for money borrowed, which in the instrument creating or evidencing the same or pursuant to which the same is outstanding it is provided that such indebtedness ranks junior in right of payment to the Company’s Senior Indebtedness and Senior Subordinated Indebtedness and equally and pari passu in right of payment to any other Junior Subordinated Indebtedness, (b) Junior Subordinated Securities, and (c) renewals, extensions, modifications and refinancings of any such indebtedness.

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • Subordinate Indebtedness means all present and future indebtedness, obligations, and liabilities of Borrower to Subordinate Lender under or in connection with the Subordinate Loan or the Subordinate Loan Documents.

  • Subordinated Obligations has the meaning specified in Section 7.05.

  • Subordinate Debt means indebtedness secured hereby or by any Supplemental Indenture which is by its terms expressly subordinate and inferior hereto both in lien and right of payment.

  • Subordinated as applied to Indebtedness, shall mean that the Indebtedness has been subordinated (by written terms or written agreement being, in either case, in form and substance satisfactory to Agent and the Required Banks) in favor of the prior payment in full of the Debt.

  • Subordinated Debt Documents means any documents evidencing and/or securing Debt governed by a Subordination Agreement, all of which documents must be in form and substance acceptable to Agent in its sole discretion. As of the Closing Date, there are no Subordinated Debt Documents.

  • Loan Obligations means (a) the due and punctual payment by the Borrower of (i) the unpaid principal of and interest (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) on the Loans made to the Borrower under this Agreement, when and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise, (ii) each payment required to be made by the Borrower under this Agreement in respect of any Letter of Credit, when and as due, including payments in respect of reimbursement of disbursements, interest thereon (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) and obligations to provide Cash Collateral and (iii) all other monetary obligations of the Borrower owed under or pursuant to this Agreement and each other Loan Document, including obligations to pay fees, expense reimbursement obligations and indemnification obligations, whether primary, secondary, direct, contingent, fixed or otherwise (including monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), and (b) the due and punctual payment of all obligations of each other Loan Party under or pursuant to each of the Loan Documents.

  • Subordinate Loan Documents means the Subordinate Note, the Subordinate Mortgage, and all other documents at any time evidencing, securing, guaranteeing, or otherwise delivered in connection with the Subordinate Indebtedness.

  • Subordinate Companion Loan A Companion Loan that, to the extent provided in the related Loan Documents and/or the related Co-Lender Agreement, is generally subordinate in right of payment to the related Split Mortgage Loan. The only Subordinate Companion Loans related to the Trust as of the Closing Date are evidenced by the Notes identified in the Loan Combination Table under the column heading “Subordinate Companion Loan(s),” each of which Notes evidences a separate Subordinate Companion Loan.

  • Senior Credit Facility shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.

  • Second Lien Indebtedness means the Indebtedness of the Loan Parties owing to the Second Lien Agent and the Second Lien Lenders under the Second Lien Credit Agreement, which Indebtedness is on terms and conditions reasonably acceptable to the Collateral Agent.

  • Subordinated Obligation means any Indebtedness of the Company (whether outstanding on the Issue Date or thereafter Incurred) which is subordinate or junior in right of payment to the Securities pursuant to a written agreement.

  • Second Lien Loan Documents means the Second Lien Credit Agreement and the other “Loan Documents” as defined in the Second Lien Credit Agreement.

  • Second Lien Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.