Additional Senior Obligations means all indebtedness of the Company whether incurred on or prior to the date of this Indenture or thereafter incurred, for claims in respect of derivative products such as interest and foreign exchange rate contracts, commodity contracts and similar arrangements; provided, however, that Additional Senior Obligations does not include claims in respect of Senior Debt or Subordinated Debt or obligations which, by their terms, are expressly stated to be not superior in right of payment to the Debentures or to rank pari passu in right of payment with the Debentures. For purposes of this definition, "claim" shall have the meaning assigned thereto in Section 101(4) of the United States Bankruptcy Code of 1978, as amended.
Additional Senior Obligations means any borrowings or indebtedness permitted, or not prohibited, under Section 17(a) of this Agreement and under the Senior Loan Agreement, other than the Initial Senior Obligations, which Additional Senior Obligations shall also comply with the following, as applicable:
Additional Senior Obligations means, whether outstanding on the date of execution of this Indenture or thereafter created, assumed or incurred, all indebtedness of the Company for claims in respect of derivative products such as interest and foreign exchange rate contracts, commodity contracts and similar arrangements, provided, however, that Additional Senior Obligations shall not include claims in respect of Senior Indebtedness or obligations which, by their terms, are expressly stated (x) to be not senior in right of payment to the Securities or (y) to rank pari passu in right of payment with the Securities. For purposes of this definition, “claim” shall have the meaning assigned thereto in Section 101(4) of the Bankruptcy Code of 1978, as amended and in effect on the date of execution of this Indenture.
Examples of Additional Senior Obligations in a sentence
The subordinated debt securities will be subordinate and junior in right of payment to all Senior Indebtedness and, in certain circumstances described below relating to our dissolution, winding-up, liquidation or reorganization, to all Additional Senior Obligations.
The subordinated indenture does not limit the amount of debt, including Senior Indebtedness or Additional Senior Obligations, that we may incur.
Recommendation 19: Rule 2 (a) Require a ‘truthful’ presentation to present the full truth.
Permitted Indebtedness; Additional Senior Obligations 23 Section 6.19.
As of June 30, 2010, Senior Indebtedness and Additional Senior Obligations totaled approximately $191.4 billion.
More Definitions of Additional Senior Obligations
Additional Senior Obligations means all indebtedness of the Company whether incurred on or prior to the date of this Indenture or thereafter incurred, for claims in respect of derivative products such as interest and foreign exchange rate contracts, commodity contracts and similar arrangements; provided, however, that Additional Senior Obligations does not include claims in respect of Senior Debt or Subordinated Debt or obligations which, by their terms, are expressly stated to be not superior in right of payment to the Debentures or to rank pari passu in right of payment with the Debentures, including the Company's 9.25% Subordinated Debentures due 2026, issued to IBC Capital Finance, a Delaware statutory trust. For purposes of this definition, "claim" shall have the meaning assigned thereto in Section 101(4) of the United States Bankruptcy Code of 1978, as amended.
Additional Senior Obligations means all indebtedness of the Company for claims in respect of derivative products such as interest and foreign exchange rate contracts, commodity contracts and similar arrangements, whether outstanding on the date of execution of this Indenture or thereafter created, assumed or incurred, provided, however, that Additional Senior Obligations shall not include claims in respect of Senior Indebtedness or any obligation (i) Ranking Junior to the Securities or (ii) Ranking on a Parity with the Securities. For purposes of this definition, "claim" shall have the meaning assigned thereto in Section 101(4) of the Bankruptcy Code of 1978, as amended and in effect on the date of execution of this Indenture.
Additional Senior Obligations means Additional Obligations that are designated as “Senior Priority Debt” under the Cash Flow Intercreditor Agreement.
Additional Senior Obligations means any Obligations to the Senior Secured Parties of any series of Additional Senior Debt, including the guarantees thereof, any letter of credit obligations, obligations in respect of Permitted Hedging Transactions or obligations with respect to Cash Management Services and any other agreement or instrument granting or providing for the perfection of a Lien securing such items.
Additional Senior Obligations means all indebtedness of the Company whether incurred on or prior to the date of this Indenture or thereafter incurred, for claims in respect of derivative products such as interest and foreign exchange rate contracts, commodity contracts and similar arrangements; provided, however, that Additional Senior Obligations does not include claims in respect of Senior Debt or Subordinated Debt or obligations which, by their terms, are expressly stated to be not superior in right of payment to the Debentures or to rank pari passu in right of payment with the Debentures, including the Company's Floating Rate Junior Subordinated Deferrable Interest Debentures due 2028 issued to Coal City Capital Trust I. For purposes of this definition, "claim" shall have the meaning assigned thereto in Section 101(4) of the United States Bankruptcy Code of 1978, as amended.
Additional Senior Obligations means indebtedness issued by the District after the Effective Date which constitutes a Senior Obligation.
Additional Senior Obligations means additional Indebtedness (including Senior Refinancing Indebtedness) incurred by the Concessionaire which ranks on a parity in lien and right of payment status with the Series 2014 Loan, as permitted under Section 6.18 of the Series 2014 Loan Agreement. Additional Senior Obligations may be incurred by the Concessionaire, from time to time, for one or more of the following purposes: (i) to complete construction of the X.X. 00 Xxxxx 0 Project, (ii) to comply with obligations under the Material Project Contracts, (iii) to refurbish, upgrade, modify, expand or add to the U.S. 36 Project, (iv) to refinance, replace or refund all or part of any then outstanding Indebtedness of the Concessionaire, (v) to fund any debt service reserves with respect to such Additional Senior Obligations, (vi) to pay the costs of issuance of such Additional Senior Obligations, and (vii) for any combination of such purposes.