Subordinated Note definition

Subordinated Note means the Subordinated Note (or collectively, the “Subordinated Notes”) in the form attached as Exhibit A hereto, as amended, restated, supplemented or modified from time to time, and each Subordinated Note delivered in substitution or exchange for such Subordinated Note.
Subordinated Note has the meaning set forth in the Purchase and Sale Agreement.
Subordinated Note means a promissory note in substantially the form of Exhibit VI hereto as more fully described in Section 1.2 of the Agreement, as the same may be amended, restated, supplemented or otherwise modified from time to time.

Examples of Subordinated Note in a sentence

  • The Borrower does not have any outstanding Security of any kind, except (i) membership interests issued to Agiliti Financing in connection with its organization and (ii) the Subordinated Note and has not incurred, assumed, guaranteed or otherwise become directly or indirectly liable for, or in respect of, any Debt and no Person has any commitment or other arrangement to extend credit to the Borrower, in each case, other than as will occur in accordance with the Transaction Documents.

  • By its signature below, Administrative Agent hereby consents to the amendment and restatement of the Subordinated Note on the date hereof.

  • The Subordinated Note is owned directly by the Servicer for the benefit of the Originators, free and clear of any Adverse Claim other than any Adverse Claim in favor of the Credit Agreement Agent but only so long as the No Petition Agreement is in full force and effect and the Credit Agreement Agent is a party thereto.


More Definitions of Subordinated Note

Subordinated Note or “Subordinated Notes” means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.
Subordinated Note means each revolving promissory note issued by the Seller to the Originator under the Purchase Agreement.
Subordinated Note shall have the meaning specified in the Receivables Purchase Agreement.
Subordinated Note has the meaning specified therefor in the Recitals hereto.
Subordinated Note shall have the meaning given such term in Section 2.01(c) of the Sale Agreement.
Subordinated Note. As defined in the Receivables Sale Agreement.
Subordinated Note means that certain $[ ] subordinated promissory note, dated [ ], issued by Borrower to Subordinated Creditor, as amended, restated, supplemented or otherwise modified from time to time.