Subordinated Secured Claims definition

Subordinated Secured Claims means (a) with respect to any Expenses, all other Secured Obligations and (b) with respect to any other Secured Obligations, all Secured Obligations as to which the payment of such Secured Obligation constitutes a Prior Ranking Amount.
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Subordinated Secured Claims means the Secured Claims of Yoachum and
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Subordinated Secured Claims means (a) with respect to any Expenses, all other Secured Obligations and (b) with respect to any other Secured Obligations, all Secured Obligations as to which the payment of such other Secured Obligation constitutes a Prior Ranking Amount. “UCC” means the Uniform Commercial Code as in effect on the date of determination in the State of New York; provided that if by reason of mandatory provisions of law, the perfection or the effect of perfection or non-perfection of the security interest in any Collateral is governed by the Uniform Commercial Code as in effect in a jurisdiction other than New York, “UCC” means the Uniform Commercial Code as in effect in such other jurisdiction for purposes of the provisions of this Agreement relating to such perfection or effect of perfection or non-perfection. “Uncertificated Security” means an uncertificated security (as defined in Section 8- 102(a)(18) of the UCC) other than a Government Security. “USB” has the meaning specified in the recital of parties to this Agreement. “U.S. Lessee” means a Lessee that has its principal place of business in the United States of America. 68 Schedule I SECURITY TRUST AGREEMENT PLEDGED STOCK Stock Issuer Par Value Certificate No(s). Number of Issued Shares Percentage of Issued Shares N/A N/A N/A N/A N/A PLEDGED MEMBERSHIP INTERESTS Issuer Certificate No. Percentage of Membership Interest N/A N/A N/A PLEDGED BENEFICIAL INTERESTS Issuer Certificate No. Percentage of Beneficial Interest N/A N/A N/A PLEDGED DEBT Debt Issuer Description of Debt Date N/A N/A N/A 69 Schedule II SECURITY TRUST AGREEMENT ACCOUNT INFORMATION The following are the wire instructions for all payments: U.S. Bank N.A ABA: [*] BNF: U.S. Bank N.A. A/C: [*] OBI: WEST VII ACCT # (See table below) Portfolio Number Account [*] Collections Account [*] Lessee Funded Account [*] Security Deposit Account [*] Expense Account [*] Series Account for Series A Notes [*] Series Account for Series B Notes [*] Asset Purchase Account [*] Asset Replacement Account [*] Liquidity Facility Reserve Account [*] Initial Liquidity Payment Account [*] Maintenance Reserve Account [*] Asset Disposition Contribution Account [*] DSCR Cash Trap Account [*] Series B Reserve Account [*] Hedge Termination Payment Account 71 Schedule III SECURITY TRUST AGREEMENT PRINCIPAL OFFICES Name of Grantor Chief Executive Office, Chief Place of Business and Registered Office Xxxxxx Engine Structured Trust VII Xxxxxx Engine Structured Trust VII c/o Wilmington Tru...
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Examples of Subordinated Secured Claims in a sentence

  • The Subordinated Representatives agree 43 that, until the Senior Secured Claims have been paid in full, the only right of the Subordinated Secured Claimants under this Agreement is for the Subordinated Secured Claims to be secured by the Collateral for the period and to the extent provided for herein or in the Indenture and to receive a share of the proceeds of the Collateral, if any, subject to payment priorities set forth in Article III of the Indenture.

Related to Subordinated Secured Claims

  • Subordinated Claim means a Claim of the kind described in sections 726(a)(3) or 726(a)(4) of the Bankruptcy Code and/or Claims subordinated under sections 510(b) or 510(c) of the Bankruptcy Code.

  • Secured Claim means a Claim that is secured by a Lien on property in which any of the Debtors’ Estates have an interest or that is subject to setoff under section 553 of the Bankruptcy Code, to the extent of the value of the Claim holder’s interest in such Estate’s interest in such property or to the extent of the amount subject to setoff, as applicable, as determined pursuant to section 506(a) of the Bankruptcy Code or, in the case of setoff, pursuant to section 553 of the Bankruptcy Code.

  • Priority Claims means, collectively, Priority Tax Claims and Other Priority Claims.

  • Securities Claim means any Claim, whether or not the subject of an existing lawsuit, arising from the rescission of a purchase or sale of a debtor security, for damages arising from the purchase or sale of any such security, or for reimbursement or contribution allowed under section 502 of the Bankruptcy Code on account of any such Claim.

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

  • 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.

  • Unsecured Claims means claims which are not secured by any property of the Debtor’s Estate and which are not part of any other class defined in this Plan.

  • Senior Obligations is defined in Section 5.1 of this Agreement.

  • Priority Claim means a Claim that is entitled to priority in payment pursuant to section 507(a) of the Bankruptcy Code that is not an Administrative Claim or a Priority Tax Claim.

  • Subordinated Class means, with respect to the Class A Notes, the Class B Notes.

  • Junior Obligations means the Junior Obligations of the Guarantor and the Junior Obligations of the Issuer;