Subordinated Term Loans definition

Subordinated Term Loans means the “Term Loans” under and as defined in the Subordinated Loan Credit Agreement, including any interest capitalized or paid in kind with respect to the such “Term Loans”.

Subordinated Term Loans means, collectively, the Subordinated Debt consisting of the term loan made by Subordinated Term Loan Lenders to Borrower under the Subordinated Term Loan Agreement on the Fifth Amendment Effective Date in the amount equal to $5,000,000 and the Additional Subordinated Term Loans.

Subordinated Term Loans means the term loans in the aggregate amount not to exceed Two Hundred Seventy Two Million Three Hundred Sixty Nine Thousand Four Hundred Thirty Eight and 16/100 Dollars ($272,369,438.16), made by Holdings to the Borrower, Exxxxxxxx, and Alon Bakersfield, Inc. pursuant to: (a) that certain Subordinated Intercompany Note dated as of September 28, 2006, and entered into by and between Exxxxxxxx (formerly know as EOC Acquisition, LLC, a Delaware limited liability company) and Holdings (as successor in interest to Alon USA Pipeline, Inc.) in the original principal amount of Seventy Seven Million, Five Hundred Fifty Eight Thousand, Eight Hundred Five and 16/100 Dollars ($77,558,805.16); (b) that certain Subordinated Intercompany Note dated as of June 1, 2006, and entered into by and between Alon Asphalt Bakersfield, Inc., a Delaware corporation and Holdings (as successor in interest to Alon USA Asphalt, Inc., a Delaware corporation) in the original principal amount of Twelve Million and 00/100 Dollars ($12,000,000.00); (c) that certain Subordinated Intercompany Note dated as of August 4, 2006, and entered into by and between the Borrower and Holdings in the principal amount of Sixty Nine Million Eight Hundred Ten Thousand Six Hundred Thirty Three and No/100 Dollars ($69,810,633.00); and (d) that certain Subordinated Intercompany Note dated as of August 4, 2006, and entered into by and between the Borrower and Holdings in the principal amount of One Hundred Thirteen Million and No/100 Dollars ($113,000,000.00); subject, in each case, to the Intercompany Subordination Agreement.

Examples of Subordinated Term Loans in a sentence

• Each Subordinated Convertible Loan investor has the number of votes in any year equal to the number of shares Class B that the Convertible Loan Investor would have held if the Convertible Subordinated Loans would have been converted into shares Class B on the last business day of the previous financial year at a conversion price calculated in accordance with Convertible Subordinated Term Loans Facility.

• All Indebtedness, other than Indebtedness permitted under Section 8.1, but including the Existing Senior Credit Facility and Outstanding Senior Subordinated Term Loans, of the Company and each of its Subsidiaries outstanding immediately before the consummation of the Transactions shall have been repaid in full and each Purchaser shall have received evidence of each repayment reasonably satisfactory to such Purchaser and Xxxxx Xxxxx.

• Notes to the Financial Statements (cont’d)For The Year Ended 31 March 2006 (h) Term Loans, Subordinated Certificates of Deposits, Subordinated Term Loans, Redeemable Unsecured Bonds And Hybrid Capital (“Borrowings”)The fair values of borrowings with remaining maturities of less than six (6) months are estimated to approximate their carrying values at balance sheet date.

• The Subordinating Term Loan Agent has advised the Senior Agents and the Subordinating Reimbursement Creditor that the Subordinating Term Loan Creditors desire to advance to the Borrower, in one or more advances, up to an additional $7,500,000.00 in the aggregate pursuant to the Subordinated Credit Agreement, in each case as an increase to the Subordinated Term Loans (collectively, the “$7.5MM Increase”).

• The Subordinated Term Loans shall have been, and shall remain, fully funded in an aggregate amount equal to $20,000,000 plus the amount of all interest accrued on the Subordinated Loans and added to the principal of the Subordinated Term Loans, plus all Subordinated Revolving Loans converted into Subordinated Term Loans, plus all Additional Advances.

• SECTION 5.20 Payment of Supplemental Payment Amounts, PNG Advances and Subordinated Term Loans.

• The outstanding principal amount of all Term Loans shall be due and payable (together with accrued and unpaid interest thereon and other Obligations owing in connection therewith) on the Maturity Date; provided, that if such Obligations are not paid in full on the Conversion Date, the Term Loans shall automatically convert to Subordinated Term Loans in accordance with Article XI.

• Mr Al-Moosa stated that he believed there to be significant opposition within the community to the use of gas guns and that there was a need for a policy on the issue to regulate their use.

• Waiver of Effect of Corporate Seal 68 Section 11.1. General Description of Subordinated Term Loans 68 Section 11.2. Repayment of Subordinated Term Loans 68 Section 11.3. Subordination Provisions.

• The outstanding principal amount of all Subordinated Term Loans shall be due and payable (together with accrued and unpaid interest thereon and other obligations owing in connection therewith) on the Maturity Date.

More Definitions of Subordinated Term Loans

Subordinated Term Loans shall have the meaning set forth in Section 11.1.

Subordinated Term Loans the unsecured subordinated term loans to be made to the Borrower by SIMA on or before the Third Amendment Effective Date in the original aggregate principal amount of $20,000,000 (subject to increase as permitted hereby), which matures on July 28, 2006, accrues interest at a rate equal to LIBOR plus 1% but provides that interest is only payable in kind, and otherwise on terms (including subordination provisions) satisfactory to the Agent and the Required Lenders.

Subordinated Term Loans means the "Term Loans" as such term is used in the Subordinated DIP Loan Agreement.

Subordinated Term Loans has the meaning assigned to the term “Loans” in the Subordinated Credit Agreement.