Examples of Subordinated Shareholder Creditor in a sentence
Each Obligor and Subordinated Shareholder Creditor agrees to the terms set out in Schedule 3 (Security Trustee).
Subject to the provisions of this clause 16 ( Enforcement of Security), no Senior Creditor nor FRN Creditor shall be responsible to any Subordinated Shareholder Creditor or Obligor for any failure or delay to enforce or maximise the proceeds of any enforcement of the FRN Security Documents (except to the extent arising from such person’s gross negligence or wilful default).
Each Obligor and Subordinated Shareholder Creditor acknowledges that the Security Trustee will have its own independent claim as creditor of any Senior Obligations as a result of the Senior Parallel Debt.
The Security Trustee agrees to notify the Senior Agent promptly of the contents of each notice, certificate and other document received by the Security Trustee from the Obligors or any Subordinated Shareholder Creditor.
The park is situated downstream of the Arthur Horne Nature Preserve, a large natural wetland that currently serves as stormwater management for much of the area.
Each Obligor and Subordinated Shareholder Creditor acknowledge that the Security Trustee will have its own independent claim as creditor of any Junior Obligations or, as the case may be, any Senior Obligations as a result of the Turkish Subsidiary Share Security Parallel Debt.
The OSCE/ODIHR EOM continued monitoring UA:First, 1+1, Channel 5, Inter TV, ICTV, TRK Ukraina.
With effect from the Third Supplemental Effective Date, the Acceding Subordinated Shareholder Creditor shall become a party to the Restated Intercreditor Deed as a Subordinated Shareholder Creditor and shall observe, perform and be bound by the terms and provisions of, and be entitled to exercise all the rights set out in, the Restated Intercreditor Deed in the capacity of Subordinated Shareholder Creditor.
The Issuer, each HY Guarantor, each FRN Guarantor, each Subordinated Bridge Guarantor and Subordinated Shareholder Creditor acknowledges that the Security Trustee will have its own independent claim as creditor of any Junior Obligations as a result of the Junior Parallel Debt.
Each Obligor and Subordinated Shareholder Creditor shall, within three Business Days of demand, pay to each Senior Finance Party or HY Creditor or FRN Creditor or Subordinated Bridge Creditor the amount of all costs and expenses incurred by it in connection with the enforcement against that Obligor or Subordinated Shareholder Creditor (as the case may be) of such person’s rights against it under this Deed.