Subordination Documents definition

Subordination Documents. As defined in the Equity Funding Agreement.
Subordination Documents a subordination agreement substantially in the form of Exhibit E, as the same may be amended, modified or supplemented by Lender from time to time, and such other subordination related documents and agreements as Lender may reasonably request.

Examples of Subordination Documents in a sentence

  • All Obligations of the Borrower and its Subsidiaries to the Lenders and the Administrative Agent under or in respect of this Credit Agreement and the other Loan Documents constitute “Senior Debt” (or the analogous term used therein) under the terms of the Subordination Documents or of any other instrument evidencing or pursuant to which there is issued indebtedness which purports to be Subordinated Debt of the Borrower or any of its Subsidiaries.

  • Apollo, Anam and the Miraval Lender must have reasonably accepted the form of the Subordination Documents as provided in "--Stock Options and Warrants" above (it being agreed by the parties to the amended merger agreement that this condition will be deemed to have been satisfied if the Miraval Lender unreasonably withholds approval of the issuance of the Subordinated Note or the granting of the Second Mortgage as provided in "--Stock Options and Warrants" above); and .

  • Apollo must have executed and delivered to Anam and/or the Miraval Lender such of the Subordination Documents as are reasonably required to be executed and delivered by Apollo.

  • The Administrative Agent shall have received a duly executed copy, certified by an authorized officer of the Borrower as true, correct and complete and in full force and effect as of the Closing Date, of each of the Subordination Documents (other than the Subordination and Intercreditor Agreement, which shall be delivered pursuant to §11.1.2.2).

  • The Subordination Documents relating to the Interpool Convertible Subordinated Debt shall be on terms and conditions acceptable to the Administrative Agent and the Lenders in accordance with the terms hereof and of the Subordination and Intercreditor Agreement, and the Administrative Agent shall have received a copy of the resolutions of Interpool approving the transactions contemplated by such Subordination Documents.


More Definitions of Subordination Documents

Subordination Documents means and include the Sirrom Subordination Agreement and the subordination agreements, in form and substance satisfactory to Lender in its sole discretion, wherein each of Intellicall, Inc., Triad-ILD Partners, L.P. and Xxxxxx Telecommunications, LLC have subordinated any and all Indebtedness owing by ILD to each of them to the Secured Obligations.
Subordination Documents means a subordination agreement substantially in the form of Exhibit E, as the same may be amended, modified or supplemented by the Administrative Agent from time to time, and such other subordination related documents and agreements as the Administrative Agent may reasonably request. “Subsidiary” means, with respect to any Person at any time: (a) any corporation more than fifty percent (50%) of whose voting stock is legally and beneficially owned by such Person or owned by a corporation more than fifty percent (50%) of whose voting stock is legally 22
Subordination Documents means the Trimaran Subordination Agreement and the Intercompany Subordination Agreement.
Subordination Documents has the meaning set forth in SECTION 5.1(D) herein and includes all amendments of the Subordination Documents approved by U. S. Bank.
Subordination Documents means the Note Purchase Agreement, dated as of June 13, 1994, among the Borrower, John Hancock Mutual Life Insurance Company and John Hancock Life Insurance Company of America (as amended and in effect) and the documents and instruments executed and/or delivered in connection therewith.
Subordination Documents means a subordination agreement substantially in the form of Exhibit E, as the same may be amended, modified or supplemented by the Administrative Agent from time to time, and such other subordination related documents and agreements as the Administrative Agent may reasonably request. “Subsidiary” means, with respect to any Person at any time: (a) any corporation more than fifty percent (50%) of whose voting stock is legally and beneficially owned by such Person or owned by a corporation more than fifty percent (50%) of whose voting stock is legally and beneficially owned by such Person; (b) any trust of which a majority of the beneficial interest is at such time owned directly or indirectly, beneficially or of record, by such Person or one or more Subsidiaries of such Person; and (c) any partnership, joint venture, limited liability company or other entity of which ownership interests having ordinary voting power to elect a majority of the board of directors or other Persons performing similar functions are at such time owned directly or indirectly, beneficially or of record, by, or which is otherwise controlled directly, indirectly or through one or more intermediaries by, such Person or one or more Subsidiaries of such Person. “Subsidiary Guarantor” means each Subsidiary of the Borrower that is a party to a Guaranty Agreement. The Subsidiary Guarantors on the Effective Date are identified as such in Schedule 3.01 hereto, as such schedule may be amended from time-to-time by the Borrower upon prior written notice to the Administrative Agent. “Swingline Exposure” means, at any time, the aggregate principal amount of all Swingline Loans outstanding at such time. The Swingline Exposure of any Lender at any time shall be its Applicable Percentage of the total Swingline Exposure at such time. “Swingline Lender” means Capital One, in its capacity as lender of Swingline Loans hereunder. “Swingline Loan” means a Loan made pursuant to Section 2.4.
Subordination Documents means, collectively, the 21C Group/Borrower Group Intercompany Note and Subordination Agreement, the Borrower Group Intercompany Note and Subordination Agreement, any Approved Subordination Agreement covering Indebtedness intended to qualify as Subordinated Indebtedness, and all other subordination documents now or hereafter existing in favor of the Lenders, the Collateral Agent or the Administrative Agent in order to determine the relative priority of the obligations and liabilities of a Borrower or its Restricted Subsidiaries under any Loan Document, or of any Lien securing such obligations and liabilities.