Subordination Request definition

Subordination Request means a written request of the Company (or with respect to the Security Documents, the grantor of the Security Interest thereunder) in the form of an Officers' Certificate delivered pursuant to Section 11.2(b).
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Subordination Request means a written request of Holdings or any of its Subsidiaries in the form of a Company Order delivered pursuant to Section 1405(b).
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Subordination Request means a set of documents that include (i) a written request to Other Taxing Agencies to subordinate the receipt of such Other Taxing Agencies’ tax revenues to the payment of debt service on any IFD Debt secured by Net Available Increment, and (ii) calculations, explanations, and other substantial evidence showing that the tax revenues expected from the property in the IFD are expected to be available to pay both the debt service on the IFD Debt and the payments to the Other Taxing Agencies.
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Examples of Subordination Request in a sentence

  • In addition, the Trustee may act upon any Subordination Request or Release Request by the Company (or with respect to any Security Documents, the grantor of the Security Interest thereunder) on behalf of the Company.

  • Developer acknowledges that, under existing law (including the IFD Act), the Subordination Request must be undertaken in connection with the formation of an IFD and would take the form of a conditional allocation of Increment by the Other Taxing Agencies.

  • In the absence of receiving any such information with respect to any Existing Holder, from such Existing Holder's Participant or otherwise, the Auction Agent may continue to treat such Existing Holder as the beneficial owner of the principal amount of Series 2000-1 Notes shown in the Existing Holder Registry.

  • In addition, the Trustee may act upon any Subordination Request or Release Request by the Company (or with respect to any Security Documents, the grantor of the security interest thereunder) on behalf of the Company.

  • At the request of Developer, the City will submit a Subordination Request to each of the Other Taxing Agencies at least ninety (90) days prior to the date proposed for delivery of a preliminary official statement for any IFD Debt.

  • Release Notice; Subordination Request, Permitted Liens.....................................

  • Release Notice; Subordination Request, Permitted Liens...........................................85 Section 1406.


More Definitions of Subordination Request

Subordination Request. Any request received by GMACM from a Borrower for subordination of a Mortgage. Termination Fee: This term shall have the meaning assigned to it in Section 9.3.
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Subordination Request. Any request received by Subservicer from a Borrower for subordination of a Mortgage. Subservicer: GMAC Mortgage Corporation, a Pennsylvania corporation.
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