Subordination Agreement (Intercompany) definition

Subordination Agreement (Intercompany) means an Amended and Restated Intercompany Subordination Agreement, by and among (i) a Loan Party or a Subsidiary of a Loan Party, as obligor, and (ii) a Loan Party or a Subsidiary of a Loan Party, as subordinated creditor, in favor of the Agent, substantially in the form of Exhibit C-1 hereto (as the same may be amended, supplemented or otherwise modified from time to time), pursuant to which intercompany Indebtedness is subordinated to the prior payment in full of the Obligations.
Sample 1
Subordination Agreement (Intercompany) means that certain Subordination Agreement dated as of the Closing Date between Lender, as senior creditor, and Borrowers, Parent, PubCo, and Danimer Scientific Manufacturing, Inc., as subordinated creditors, as at any time amended, restated, supplemented or otherwise modified in accordance with the terms thereof or to add additional parties (including any additional Excluded Subsidiaries) thereto.
Sample 1
Subordination Agreement (Intercompany) means (i) an Amended and Restated Intercompany Subordination Agreement, dated as of August 4, 2006 by and among a Loan Party or a Subsidiary of a Loan Party, as obligor in favor of the Agent (as the same may be amended, supplemented or otherwise modified from time to time), pursuant to which intercompany Indebtedness is subordinated to the prior payment in full of the Obligations and (ii) any other Intercompany Subordination Agreement made by a Loan Party or a Subsidiary of a Loan Party, as obligor in favor of the Agent, pursuant to which intercompany Indebtedness is subordinated to the prior payment in full of the Obligations, in form and substance reasonably satisfactory to the Agent.
Sample 1

Examples of Subordination Agreement (Intercompany) in a sentence

  • All gifts and endowments shall be subject to approval by the board.

  • The day to day management of Standard Club, including Standard Ireland, is led by executives who are members of the MSUKI executive committee of the managers.

  • Subordination Agreement — the Xxxxxxx Sealing Subordination Agreement, Stemco Subordination Agreement, Intercompany Subordination Agreement, and any other subordination agreement executed and delivered after the Closing Date on terms and conditions acceptable to Agent.

  • Each Loan Party shall enter into and be bound by the Subordination Agreement (Intercompany) and shall cause all Intercompany Indebtedness to be subordinated to the obligations of the Loan Parties to the Bank pursuant to the terms of such Subordination Agreement (Intercompany).

Related to Subordination Agreement (Intercompany)

  • Subordination Agreement means any subordination or intercreditor agreement(s) entered into with respect to any subordinate financing related to the Project, as the same may be amended, supplemented or restated.

  • Intercompany Subordination Agreement means an intercompany subordination agreement, dated as of even date with this Agreement, executed and delivered by each Loan Party and each of its Subsidiaries, and Agent, the form and substance of which is reasonably satisfactory to Agent.

  • Subordination Agreements means all subordination agreements executed by a holder of Subordinated Debt in favor of the Administrative Agent and the Lenders from time to time after the Closing Date.

  • Intercompany Loan Agreement has the meaning set forth in the Purchase and Sale Agreement.

  • Affiliate Subordination Agreement means an Affiliate Subordination Agreement in the form of Exhibit F pursuant to which intercompany obligations and advances owed by any Loan Party are subordinated to the Obligations.

  • Subordinated Intercompany Note means the Intercompany Subordinated Note, dated as of the Agreement Date, by and among Holdings, the Borrower and each Restricted Subsidiary of Holdings from time to time party thereto.

  • Subordinated Loan Agreement means any loan agreement made or to be made between (i) any Borrower and (ii) a Subordinated Creditor.

  • Farm-Out Agreement means a Farm-In Agreement, viewed from the standpoint of the party that transfers an ownership interest to another.

  • Second Lien Security Agreement means the “Security Agreement” as defined in the Second Lien Credit Agreement.

  • Reaffirmation Agreement means the Reaffirmation Agreement dated as of the Closing Date by the Borrower and the Guarantors to the Administrative Agent for the benefit of the Secured Parties.

  • Subordinated Intercompany Debt shall have the meaning assigned to such term in Section 6.01(e).

  • Intercompany Advance Agreement The Intercompany Advance Agreement, dated as September 11, 2009, between Ally Bank and Ally Auto, as amended, supplemented or modified from time to time.

  • Co-financing Agreement means the agreement to be entered into between the Recipient and the Co-financier providing for the Co-financing.

  • Secured Cash Management Agreement means any Cash Management Agreement that is entered into by and between any Loan Party and any Cash Management Bank.

  • First Lien Security Agreement means the “Security Agreement” as defined in the First Lien Credit Agreement.

  • Intercompany Agreement means any intercompany Contract between (a) any of the Acquired Companies, on the one hand, and (b) Seller or any of its Affiliates (other than the Acquired Companies) or any of their respective directors, officers or employees, on the other hand.

  • Repayment Agreement means the completed Program Application, including these Terms and Conditions signed by the Producer and an authorized representative of the Administrator.

  • Senior Loan Agreement means that certain Term Loan Agreement, dated as of June 26, 2015, by and among Borrower and Senior Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Management Fee Subordination Agreement means that certain Amended and Restated Management Fee Subordination Agreement, dated as of the Closing Date, by and between the Sponsor and Agent and acknowledged by the Borrower.

  • Cash Management Agreement means any agreement to provide cash management services, including treasury, depository, overdraft, credit or debit card, electronic funds transfer and other cash management arrangements.

  • Guaranty Agreement means an agreement executed by the Guarantors in substantially the form of Exhibit F-2 unconditionally guarantying on a joint and several basis, payment of the Indebtedness, as the same may be amended, modified or supplemented from time to time.

  • Credit Enhancement Agreement means the Agreement among the Sellers, the Master Servicer, the Trustee and the Credit Enhancement Provider with respect to the Credit Enhancement.

  • First Lien/Second Lien Intercreditor Agreement means an intercreditor agreement substantially in the form of Exhibit H hereto, or such other customary form reasonably acceptable to the Administrative Agent and the Borrower, in each case, as such document may be amended, restated, supplemented or otherwise modified from time to time.

  • Subordinated Debt Documents means any documents evidencing and/or securing Debt governed by a Subordination Agreement, all of which documents must be in form and substance acceptable to Agent in its sole discretion. As of the Closing Date, there are no Subordinated Debt Documents.

  • Subordinated Loan Documents means at any time the agreements and other documents then governing the Subordinated Indebtedness.

  • Existing Intercreditor Agreement means the existing intercreditor agreement dated 11 May 2007 (as amended by a letter dated 21 June 2007 and a further letter dated 29 June 2007, as amended and restated on 5 November 2009 and as further amended on 5 November 2010) between, inter alia, Beverage Packaging Holdings (Luxembourg) I S.A., Rank Group Holdings Limited (now Xxxxxxxx Group Holdings Limited), Beverage Packaging Holdings (Luxembourg) II S.A., Beverage Packaging Holdings (Luxembourg) III S.à x.x., Credit Suisse AG (formerly Credit Suisse) as security trustee and others.