Super Senior definition

Super Senior. Indebtedness incurred by the Company and the Guarantors, on or before January 30, 2023, in an aggregate principal amount not to exceed (w) $12,384,120 for the sole purpose of refinancing or in exchange for the New Notes plus any capitalized interest or accrued and unpaid interest on the New Notes being so refinanced, plus (x) on or after the date that Indebtedness is incurred under clause (w), $20,000,000, for the sole purpose of exchanging up to $20,000,000 original principal amount of Notes for “Super Senior” Indebtedness, which exchange shall be on the basis of $1 of new “Super Senior” Indebtedness for every $1 of Notes so exchanged, plus any capitalized interest or accrued and unpaid interest on the Notes being so refinanced, plus (y) $15,000,000, plus (z) on or after the date that Indebtedness is incurred under clause (y), $30,000,000, for the sole purpose of exchanging up to $30,000,000 original principal amount of Notes for “Super Senior” Indebtedness, which exchange shall be on the basis of $1 of new “Super Senior” Indebtedness for every $1 of Notes so exchanged, plus any capitalized interest or accrued and unpaid interest on the Existing Notes being so refinanced; provided that (i) the aggregate amount of clauses (w), (x), (y) and (z) shall not exceed $75,000,000, together with any capitalized interest or accrued and unpaid interest on the Notes or the New Notes, in each case, subject to a Permitted Intercreditor Agreement, which provides for “Super Senior” payment and lien priority of “Super Senior” Indebtedness and the subordination of the Notes and the liens secured thereby and (ii) the “Super Senior” Indebtedness referenced in clause (x) and (z) shall be last out in the waterfall of such “Super Senior” Indebtedness tranche; and
Super Senior. Optimal Principal Distribution Amount......................................................37

Examples of Super Senior in a sentence

  • In case of enforcement of the Shared Security, any enforcement proceeds will first be applied towards repayment of the Financial Indebtedness incurred by the Issuer under the Super Senior RCF and the Super Senior Hedges and secondly towards redemption of the Bonds.

  • In the case of insolvency of the Issuer, the Financial Indebtedness incurred by the Issuer under the Bonds will be subordinated to the Financial Indebtedness owed by the Issuer under the Super Senior RCF and the Super Senior Hedges.

  • We have Super Senior pennants so why not also have a Super Senior category i.e. over 65, in the Club Championships?On Saturday 13th October the finals of the Club Scratch Matchplay Championships were played out.

  • The Bonds constitute direct, unconditional, unsubordinated and secured obligations of the Issuer and shall at all times rank (i) without any preference among them and (ii) at least pari passu with all direct, unconditional, unsubordinated and unsecured obligations of the Issuer, except (A) those obligations which are mandatorily preferred by law and (B) the super senior ranking of the Super Senior Debt in accordance with the Intercreditor Agreement.

  • The Super Senior Facility Provider’s and the Super Senior New Bonding Line Provider’s will be informed periodically of any progress made in relation to the proposal.

  • GEP has the option to pay the coupon interest on the Super Senior Bonds in cash or in kind by issuing new bonds (“PIK Bonds”).

  • For the avoidance of doubt any Transaction Security or Guarantee will always be released in such way which does not affect the sharing between the Senior Creditors and the Super Senior Creditors of the remaining Transaction Security and Guarantees and/or the ranking and priority of the Senior Creditors and the Super Senior Creditors as specified by the Intercreditor Agreement.

  • If Conflicting Enforcement Instructions (as defined in the Intercreditor Agreement) are provided by the Agent or the agent under the Super Senior RCF, the Agent and the agent under the Super Senior RCF must enter into consultations for a period of maximum 30 calendar days as set out in the Intercreditor Agreement (unless such consultation is waived by the Agent and the facility agent under the Super Senior RCF).

  • Subject to the Intercreditor Agreement, the Security Agent may, acting on instructions of the Secured Parties, or if in accordance with the Intercreditor Agreement, the Super Senior Representative, release Transaction Security and Guarantees in accordance with the terms of the Security Documents, the Guarantee Agreement and the Intercreditor Agreement.

  • For Flexible Fixed Deposit plus Family Protection and Super Senior Fixed Deposit which are a fixed deposit with personal accident insurance, the Depositor should contact the Bank staff if they have any inquiries or need further information.


More Definitions of Super Senior

Super Senior means a person aged 80 years and over.
Super Senior. Indebtedness referenced in clause (x) and (z) shall be last out in the waterfall of such “Super Senior” Indebtedness tranche; and

Related to Super Senior

  • Public Finance Management Act ’ means the Public Finance Management Act, 1999 (Act No. 1 of 1999);

  • Targeted case management means services that assist a beneficiary to access needed 2 medical, educational, social, prevocational, vocational, rehabilitative, or other community services. The 3 service activities may include, but are not limited to, communication, coordination and referral;

  • Long-term inpatient care means inpatient services for

  • Virginia Stormwater Management Program or “VSMP” means a program approved by the State Board after September 13, 2011, that has been established by a locality to manage the quality and quantity of runoff resulting from land-disturbing activities and shall include such items as local ordinances, rules, permit requirements, annual standards and specifications, policies and guidelines, technical materials, and requirements for plan review, inspection, enforcement, where authorized in this article, and evaluation consistent with the requirements of this article and associated regulations.

  • Stormwater Pollution Prevention Plan or "SWPPP" means a document that is prepared in accordance with good engineering practices and that identifies potential sources of pollutants that may reasonably be expected to affect the quality of stormwater discharges from the construction site, and otherwise meets the requirements of this Ordinance. In addition the document shall identify and require the implementation of control measures, and shall include, but not be limited to the inclusion of, or the incorporation by reference of, an approved erosion and sediment control plan, an approved stormwater management plan, and a pollution prevention plan.

  • CDBG means community development block grant.

  • Pollution control facilities means water and air pollution control equipment and solid waste disposal facilities or any of them.

  • CC means the Conditions of Contract.

  • Storm Water Pollution Prevention Plan means a document which describes the on- site program activities to utilize BMPs to eliminate or reduce pollutant discharges to the storm water conveyance system to the maximum extent practicable.

  • Stormwater management plan means the set of drawings and other documents that comprise all the information and specifications for the programs, drainage systems, structures, BMPs, concepts and techniques intended to maintain or restore quality and quantity of stormwater runoff to pre-development levels.

  • Asset Management Plan means a plan created by the department and approved by the state transportation commission or a plan created by a local road agency and approved by the local road agency's governing body that includes provisions for asset inventory, performance goals, risk of failure analysis, anticipated revenues and expenses, performance outcomes, and coordination with other infrastructure owners.

  • Emission Control Strategy means any device, system, or strategy employed with a diesel-fueled CI engine that is intended to reduce emissions. Examples of emission control strategies include, but are not limited to, particulate filters, diesel oxidation catalysts, selective catalytic reduction systems, alternative fuels, fuel additives used in combination with particulate filters, alternative diesel fuels, and combinations of the above.

  • Beacon means a highway traffic signal with one or more signal sections that operate in a flashing mode. (ORC 4511.01(KKK))

  • Pest Management Plan and “PMP” means the Recipient’s plan dated December 13, 2010, which: (i) addresses the concerns relating to the Project risks associated with potential increases in the use of pesticides for agricultural production, intensification and diversification and controlling disease vector populations arising from irrigation schemes; (ii) sets forth mitigation and monitoring measures to be taken during Project implementation and operation to eliminate adverse environmental and social impacts, offset them, or reduce them to acceptable levels; (iii) recommends institutional measures to strengthen national capacities to implement the mitigation and monitoring measures; and (iv) as part of the implementation arrangements, identifies national agencies and other partners that could play a vital role in the success of the Project.

  • Storm water management plan means a comprehensive plan designed to reduce the discharge of pollutants from storm water after the site has under gone final stabilization following completion of the construction activity.

  • Management Plan means a plan to manage the activities and protect the special value or values in an Antarctic Specially Protected Area or an Antarctic Specially Managed Area.

  • Intercollegiate sport means a sport played at the collegiate level for which eligibility requirements for participation by a student athlete are established by a national association for the promotion or regulation of collegiate athletics.

  • Nutrient management plan means a plan developed or approved by the Department of Conservation and Recreation that requires proper storage, treatment and management of poultry waste, including dry litter, and limits accumulation of excess nutrients in soils and leaching or discharge of nutrients into state waters.

  • Crop Tree means the largest undamaged conifer trees with good form and free of disease.

  • New Jersey Stormwater Best Management Practices (BMP) Manual or “BMP Manual” means the manual maintained by the Department providing, in part, design specifications, removal rates, calculation methods, and soil testing procedures approved by the Department as being capable of contributing to the achievement of the stormwater management standards specified in this chapter. The BMP Manual is periodically amended by the Department as necessary to provide design specifications on additional best management practices and new information on already included practices reflecting the best available current information regarding the particular practice and the Department’s determination as to the ability of that best management practice to contribute to compliance with the standards contained in this chapter. Alternative stormwater management measures, removal rates, or calculation methods may be utilized, subject to any limitations specified in this chapter, provided the design engineer demonstrates to the municipality, in accordance with Section IV.F. of this ordinance and N.J.A.C. 7:8-5.2(g), that the proposed measure and its design will contribute to achievement of the design and performance standards established by this chapter.

  • AWR means the Agency Workers Regulations 2010;

  • Stormwater management planning agency means a public body authorized by legislation to prepare stormwater management plans.

  • Senior citizen center means a facility having the primary purpose of providing services to the aged as defined in Section 62A-3-101.

  • SOFR with respect to any day means the secured overnight financing rate published for such day by the Federal Reserve Bank of New York, as the administrator of the benchmark, (or a successor administrator) on the Federal Reserve Bank of New York’s Website.

  • Agency Chief Contracting Officer or “ACCO” shall mean the position delegated authority by the Agency Head to organize and supervise the procurement activity of subordinate Agency staff in conjunction with the City Chief Procurement Officer.

  • Compliance Plan means the compliance obligations, program, and procedures described in this Consent Decree at paragraph 13.