Ranking Agreement definition

Ranking Agreement means the agreement regulating the ranking of standard securities between Scottish Ministers, the Shared Equity Owner and [TO BE INSERTED BY PURCHASER'S SOLICITOR ];
Ranking Agreement means the agreement regulating the ranking of standard securities between Scottish Ministers, the Shared Equity Owner and [insert details of Primary Lender];
Ranking Agreement means the ranking agreement to be entered into among the Scottish Ministers, an Eligible Purchaser and that Eligible Purchaser’s Qualifying Lender;

Examples of Ranking Agreement in a sentence

  • If any provision of the Ranking Agreement is or becomes invalid, illegal or unenforceable the validity, legality or enforceability of the remaining terms of the Ranking Agreement shall not be affected.

  • Governing law The Ranking Agreement shall be governed by and construed in accordance with the law of Scotland.

  • The Bank and the Lender shall be entitled to assign or otherwise transfer or dispose of the benefit of their respective interests in the Securities without the consent of the other Creditor provided that the assignee or transferee undertakes in writing to the Bank or to the Lender, as the case may be, to be bound by the terms of the Ranking Agreement and to enter into all necessary documentation to give effect to that undertaking.

  • The shared equity documentation comprises a Shared Equity Agreement, a Standard Security in favour of Scottish Ministers and a Ranking Agreement, and is intended to regulate and secure the financial assistance given by Scottish Ministers to your client.

  • Testing clause The Ranking Agreement is executed as follows: Note: block testing clauses to be added for each of the Parties.

  • Other Security The Bank enforcing, releasing or transferring any guarantees or other securities which it may hold on account of the Customer’s obligations will not affect the Ranking Agreement.

  • Although legal advisers have been instructed to act in respect of our interest in the preparation of the Shared Equity Agreement, Ranking Agreement and provision of the template Standard Security, we are placing full reliance upon you to act for us in a proper and professional manner in accordance with these instructions.

  • Certified copies which are NOT acceptable are: Standard Security, Matrimonial/Civil Partnership Declaration, Share Certificate, undated executed stock transfer form, and Ranking Agreement.

  • The Ranking Agreement shall be construed and shall receive effect as:- a variation within the meaning of Section 16 of CFRSA; and an Instrument of Alteration within the meaning of section 466 of the Companies Xxx 0000.

  • Certified copies which are NOT acceptable are: Standard Security, Matrimonial/Civil Partnership Declaration, Share Certificate, undated executed stock transfer form, Ranking Agreement and Limited Company Personal Guarantee(s).


More Definitions of Ranking Agreement

Ranking Agreement means the ranking agreement dated on or around the Effective Date and made between the Security Trustee, the Noteholder Security Trustee (as defined therein), Xxxxx Limited and Xxxxx (ROI) Limited.
Ranking Agreement means the agreement regulating the ranking of standard securities between Scottish Ministers, the Shared Equity Owner and
Ranking Agreement means the ranking agreement dated on or around the Effective Date and made between the Security Trustee, the Noteholder Security Trustee (as defined therein), Schuh Limited and Schuh (ROI) Limited.
Ranking Agreement means the ranking agreement in the Agreed Form among the Operator, the Trust and the Financier to be executed on or before the Operational Date or, following a refinancing, the ranking agreement to be executed by a financier providing finance in connection with the Project pursuant to Clause 55; Receptionist means such person as may be appointed by the Operator from time to time to carry out the Receptionist Services; Reception and Administration Services means the Reception and Administration Services detailed in Services Requirements, (Part K of the Schedule) and listed in the Services Table; Rectification Notice means an Intimation requiring the Operator to remedy a Failure; Relief Events means any of the events referred to in Clause 50.2 (Force Majeure/Relief Events);
Ranking Agreement means the ranking agreement between the Lender, any Commercial Lender and the Owners in a form approved by the Lender and providing, unless otherwise agreed by the Lender, as a minimum that (i) the Loan is subordinated only to sums already advanced to the Owners and/or the Borrowers by the Commercial Lender as at the date of the Ranking Agreement, including all fees, charges and interest thereon and (ii) no party to the Ranking Agreement is entitled to call up its standard security or enforce their security without first giving at least 14 days’ notice to the other;

Related to Ranking Agreement

  • Co-financing Agreement means the agreement to be entered into between the Recipient and the Co-financier providing for the Co-financing.

  • Factoring Agreement means any factoring agreement by and between Borrower and/or any Restricted Subsidiary and a Factor.

  • Senior Note Indenture the Indenture entered into by Holdings, the Borrower and certain of its Subsidiaries in connection with the issuance of the Senior Notes, together with all instruments and other agreements entered into by Holdings, the Borrower or such Subsidiaries in connection therewith.

  • Finance agreement means a loan, lease, or installment sale agreement for a motor vehicle. The term includes, but is not limited to, an installment sale contract, a retail installment contract, or a retail charge agreement.

  • Amending Agreement means the Agreement of which a copy is set out in the Third Schedule to the Iron Ore (Hamersley Range) Agreement Xxx 0000 (which Agreement was approved by the Iron Ore (Hamersley Range) Agreement Act Amendment Act 1968);

  • Subsidiary Financing Agreement means any agreement to be entered into between the Borrower and a Participating Bank pursuant to Section 3.01 (b) of this Agreement, as the same may be amended from time to time;

  • Original Financing Agreement means the development credit agreement for a Social Investment Program Project between the Recipient and the Association, dated April 7, 2003, as amended to the date of this Agreement (Credit No. 3740-BD).

  • Restructuring Agreement shall have the meaning set forth in the recitals.

  • Note Agreement hereunder," "hereof," "herein," or words of like import referring to the Note Agreement, shall mean and be a reference to the Note Agreement, as amended hereby.

  • Refinancing Agreement as defined in Subsection 8.3(c).

  • Subordination Agreement means any subordination or intercreditor agreement(s) entered into with respect to any subordinate financing related to the Project, as the same may be amended, supplemented or restated.

  • Senior Note Indentures means, collectively, the Senior Note (2020) Indenture, the Senior Note (2021) Indenture, the Senior Note (2022) Indenture and the Senior Note (2023) Indenture.

  • Redemption Agreement has the meaning set forth in the Recitals.

  • Repayment Agreement means an agreement

  • Asset Transfer Agreement means the asset transfer agreement dated September 12, 2014 between Centurion Real Estate Opportunities Trust and Centurion Apartment REIT pursuant to which Centurion Apartment REIT seeded the initial portfolio of Centurion Real Estate Opportunities Trust.

  • Convertible Note Indenture means the Indenture dated as of February 21, 2014 between Emergent and the Convertible Note Trustee pursuant to which the Convertible Notes were issued.

  • Intercompany Subordination Agreement means an intercompany subordination agreement, dated as of even date with the Agreement, executed and delivered by Borrower, each of its Subsidiaries, and Agent, the form and substance of which is reasonably satisfactory to Agent.

  • Senior Secured Note Indenture means the Indenture dated as of November 5, 2009, among the Issuers, the Note Guarantors (as defined therein) and The Bank of New York Mellon, as trustee, principal paying agent, transfer agent and registrar, as amended, extended, restructured, renewed, refunded, novated, supplemented, restated, replaced or modified from time to time;

  • Subordination Agreements means all subordination agreements executed by a holder of Subordinated Debt in favor of the Administrative Agent and the Lenders from time to time after the Closing Date.

  • Financing Agreement means any lease purchase agreement, installment sale agreement, loan agreement, line of credit or other agreement of the department or, with the approval of the director, and any agency, to finance the improvement, use or acquisition of real or personal property that is or will be owned or operated by one or more agencies of the State, the department or any agency, or to refinance previously executed financing agreements including certificates of participation relating thereto. The School shall not act as a guarantor of any such financing agreement.

  • Second Lien Security Agreement means the Second Lien Security Agreement, dated as of the date hereof, among the Initial Borrower, the Parent Borrower, certain Subsidiaries of the Parent Borrower from time to time party thereto and the Second Lien Notes Collateral Agent, as amended, restated, waived, restructured, renewed, extended, supplemented or otherwise modified from time to time or as replaced in connection with any Refinancing, extension, refunding or replacement of the Second Lien Notes Indenture.

  • the first supplementary agreement means the agreement of which a copy is set out in the Second Schedule;

  • Lock-Up Agreement means the Lock-Up Agreement, dated as of the date hereof, by and among the Company and the directors, officers and 5% stockholders of the Company, in the form of Exhibit C attached hereto.

  • Restatement Agreement has the meaning set forth in the introductory statement of this Agreement.

  • Subsidiary Guarantee Agreement means the Subsidiary Guarantee Agreement, substantially in the form of Exhibit I, made by the Subsidiary Guarantors in favor of the Collateral Agent for the benefit of the Secured Parties.

  • Subordinated Note Indenture means the Indenture dated as of the Closing Date, among the Borrower, the guarantors party thereto and The Bank of New York, as trustee, pursuant to which the Subordinated Notes are issued, as the same may be amended, supplemented or otherwise modified from time to time to the extent permitted by Section 10.7(b).