Subordination Deed definition

Subordination Deed means a subordination deed entered into or to be entered into by, inter alia, each Subordinated Creditor and the Agent in agreed form;

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Subordination Deed means a subordination deed executed or to be executed by the Borrower and the Subordinated Creditor in favour of the Lender in connection with the Facility Letter Subsidiary means a subsidiary undertaking within the meaning of section 1162 of the Companies Act 2006 Tax means any tax, levy, impost, duty or other charge or withholding of a similar nature (including any penalty or interest payable in connection with any failure to pay or any delay in paying any of the same)

Subordination Deed means a document in the form set out in Schedule 8 (Form of Subordination Deed) duly completed and executed by the parties thereto.

Examples of Subordination Deed in a sentence

• Terms defined in the Subordination Deed shall, unless otherwise defined in this Deed, bear the same meanings when used in this Deed.

• For the avoidance of doubt, in the event Borrower fails to pay any Redemption Amount to Lender by the applicable Redemption Amount Payment Date for any reason, including, but not limited to, Borrower’s inability to make such payment in cash as a result of its payment restrictions or other obligations under the Subordination Deed, such failure to pay the Redemption Amount shall still be considered an Event of Default hereunder.

• The Facility Agent will execute any Subordination Deed within two Business Days of receipt of a request (which shall include an execution version of such Subordination Deed) from the Company.

• This Note is subject in all respects to the Subordination Deed (as defined in the Purchase Agreement).

• At any time ClearWave’s Majority Shareholder or any Controlling Shareholder is in breach of Section 4.01, 4.02 or 4.03 of the Share Retention and Subordination Deed.

More Definitions of Subordination Deed

Subordination Deed means, for the purpose of any Continuing Document, the Intercreditor Agreement.

Subordination Deed means a deed of subordination between the Facility Agent, the Borrower and Holdco dated on or about the Signing Date;

Subordination Deed has the meaning given to it in Clause 47.15 (Subordination);

Subordination Deed means the subordination deed dated on or about the date of this Agreement and made between Thermo, the Borrower, the Security Agent and the COFACE Agent.

Subordination Deed means the subordination deed dated on or about 28th May, 2004 between the Company, Anglo Irish Bank Corporation plc as lender under the WW Subordinated Facility, the Agent, the Security Trustee and the holders of notes issued under the U.S. Private Placement, which sets out the terms upon which the WW Subordinated Facility is subordinated to the Facilities and the U.S. Private Placement.

Subordination Deed means a deed dated April 2003 entered or (as the context may require) to be entered into between (inter alios) the Lessee, the Sub-Lessee, the Other Sub-Lessees, the Manager, Gotaas ▇▇▇▇▇▇, the Lessee Parent and the First Security Agent in the agreed form;

Subordination Deed means the Subordination Deed dated as of the date hereof, as amended from time to time, by and among the Issuer, the Guarantor, the Trustee, The Royal Bank of Scotland plc, in its capacity as security trustee for the Secured Parties (as defined therein) and National Westminster Bank plc, in its capacity as overdraft bank;