Subordinated Noteholders definition

Subordinated Noteholders means the holders of any Subordinated Notes from time to time.

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Subordinated Noteholders means, collectively, the holders of any Subordinated Notes.

Subordinated Noteholders means, collectively, Steel Partners II Liquidating Series Trust - Series A, a statutory trust formed under the laws of the State of Delaware, in its individual capacity, Steel Partners II Liquidating Series Trust - Series E, a statutory trust formed under the laws of the State of Delaware, in its individual capacity, and all of the other holders of the Subordinated Notes from time to time, together with their respective successors and assigns; each sometimes being referred to herein individually as a “Subordinated Noteholder”.

Examples of Subordinated Noteholders in a sentence

The Issuer hereby instructs the Trustee to establish a Reserve Account, which account the Trustee has established as of the Closing Date, and the Issuer hereby agrees that it shall maintain such account with the Trustee for the benefit of the Senior Noteholders, the Senior Subordinated Noteholders and the Trustee.
Immediately upon obtaining knowledge thereof, the Borrower will give written notice to each holder of Subordinated Indebtedness (or, with respect to the Subordinated Notes, the trustee for the Subordinated Noteholders) of the occurrence of an event or condition consisting of a Default or Event of Default.
The Subordinated Noteholder Representative shall have the right to take any action with respect to the Collateral, on behalf of all of the Subordinated Noteholders.
The obligations of the Issuer under this Subordinated Note and the Indenture are limited recourse obligations of the Issuer payable solely from the Assets in accordance with the Indenture, and following realization of the Assets in accordance with the Indenture, all claims of Subordinated Noteholders shall be extinguished and shall not thereafter revive.
The Subordinated Indenture, the Original Subordinated Notes, the Subsidiary Guarantees executed as required under the Subordinated Indenture, the Stockholders Agreement executed by the Subordinated Noteholders in connection with the issuance to them of 8,500 shares of the Borrower's Class B Common Stock and any and all other agreements and instruments executed pursuant thereto.

More Definitions of Subordinated Noteholders

Subordinated Noteholders means the holders from time to time of the Subordinated Notes.

Subordinated Noteholders means the “Holders” under and as defined in the Indenture.

Subordinated Noteholders means holders of the Subordinated Notes.

Subordinated Noteholders means the Junior Lenders, in their capacity as holders of the Subordinated Notes and the Subordinated Indebtedness, and any other Person acquiring all or any part of the Subordinated Notes or the Subordinated Indebtedness; provided, however, that neither the Borrower nor any Affiliate of the Borrower or their successors or assigns shall have any rights otherwise available to the Subordinated Noteholders under this Agreement in the event that any such party acquires all or any part of the Subordinated Notes or the Subordinated Indebtedness.

Subordinated Noteholders means Crestview Capital Master, LLC and DCOFL, LDC. Subsidiary means in relation to any person, any entity which is controlled directly or indirectly by that person or of whose dividends or distributions that person is entitled to receive more than fifty per cent. (50%) and any entity (whether or not so controlled) treated as a subsidiary in the latest financial statements of that person from time to time, and control for this purpose means the direct or indirect ownership of the majority of the voting share capital of such entity or the right or ability to direct management to determine the composition of a majority of the board of directors (or like board) of such entity, in each case whether by virtue of ownership of share capital, contract or otherwise.

Subordinated Noteholders means the holders of any Subordinated Notes from time to time. “Subordinated Notes” have the meaning ascribed to them in the first paragraph of these Conditions.

Subordinated Noteholders means, in the singular, any Entity or Person and, in the plural, all Entities or Persons that hold the Subordinated Notes.