Other Subordinated Indebtedness means any other Indebtedness now or hereinafter due and owing by the Company or to any person who is the seller of a court reporting and/or litigation service business and who finances all or part of the purchase price thereof.
Other Subordinated Indebtedness has the meaning specified in Section 9.1.
Other Subordinated Indebtedness is defined in the Indenture.
Examples of Other Subordinated Indebtedness in a sentence
Upon dissolution or liquidation of Borrower, no payment of principal, interest or premium (including post-default interest) shall be due and payable under the terms of this Subordinated Note until all Senior Claims (which expressly exclude claims relating to the Other Subordinated Indebtedness) shall have been paid in full.
Ranking with respect to Other Subordinated Indebtedness of the Company.
Limitation on Other Subordinated Indebtedness..................................
Securities to Rank Pari Passu With Other Subordinated Indebtedness; Payment of Proceeds in Certain Cases *100 Article XVI.
Limitation on Other Subordinated Indebtedness................................................
More Definitions of Other Subordinated Indebtedness
Other Subordinated Indebtedness means Indebtedness incurred by the Company that is (i) expressly subordinate in right of payment to the Indebtedness evidenced by this Note, as reflected in a written agreement reasonably acceptable to the Holder and approved by the Holder in writing, and (ii) approved by the Holder in writing.
Other Subordinated Indebtedness shall not include any indebtedness which is outstanding under an instrument dated prior to the date of this First Supplemental Indenture which does not expressly permit the deferral of payment or extension of the time for payment of interest, premium or principal, or any installment thereof. (2) The Company also covenants (i) to remain the General Partner of Citizens Capital; provided that any permitted successor of the Company under the Limited Partnership Agreement may succeed to the Company's duties as General Partner, (ii) to cause at least 3% of the total value of Citizens Capital and at least 3% of all interests in the capital, income, gain, loss, deduction and credit of Citizens Capital to be held by the Company, as a General Partner of Citizens Capital, (iii) not to voluntarily dissolve, wind-up or liquidate Citizens Capital, (iv) to perform timely all of its duties as General Partner (including the duty to declare and pay distributions on the Partnership Preferred Securities), (v) to maintain direct ownership of all partnership interests of Citizens Capital other than the Partnership Preferred Securities and any special partnership interest, except as may be permitted by the Limited Partnership Agreement, (vi) to use its reasonable efforts to cause Citizens Capital to remain a limited partnership and otherwise to continue to be treated as a partnership for United States federal income tax purposes; (vii) to issue Common Stock Series A upon an election by Holders to convert the Debentures; and (viii) to own Convertible Common Securities equal to at least 3% of the total undivided beneficial interests in the assets of the Trust.
Other Subordinated Indebtedness means any indebtedness now or hereinafter due and owing by the Company or any of the Guarantors to any person who is the seller of a court reporting and/or litigation service business and who finances all or part of the purchase price thereof.
Other Subordinated Indebtedness means any unsecured Indebtedness of the Borrower or any Subsidiary issued subsequent to the Closing Date which by its terms is expressly subordinated in right of payment to the prior payment of the Obligations pursuant to subordination provisions reasonably satisfactory to the Administrative Agent and which Indebtedness shall not (a) mature, and have no scheduled principal payments, prepayments, repurchases, redemptions or sinking fund or like payments required, at any time on or prior to 180 days after the Maturity Date and (b) contain any terms more restrictive in any respect to the Borrower and its Subsidiaries than the provisions of this Agreement.
Other Subordinated Indebtedness means any Indebtedness (i) which is expressly subordinated in right of payment to all Indebtedness evidenced by the Working Capital Indebtedness and the Term A Indebtedness and subordinated to, or pari passu with, the Indebtedness evidenced by this Agreement, (ii) which does not mature prior to the date that is six-months following the stated maturity date for each of the foregoing Indebtedness, whichever is latest, (iii) which does not contain a cash interest payment requirement and (iv) which has terms and conditions reasonably acceptable to Lender.
Other Subordinated Indebtedness means any Indebtedness (i) which is expressly subordinated in right of payment to all Indebtedness evidenced by this Agreement, the Working Capital Indebtedness, and the Subordinated Indebtedness, (ii) which does not mature prior to the date that is six-months following the stated maturity date for each of the foregoing Indebtedness, whichever is latest, (iii) which does not contain a cash interest payment requirement and (iv) which has terms and conditions, and is subject to a subordination agreement, reasonably acceptable to Agent.
Other Subordinated Indebtedness shall only include any indebtedness which is outstanding under an instrument which expressly permits the deferral of payment or extension of the time for payment of interest, premium or principal, or any installment thereof.