Senior definition

Senior means a person seventy years old or older.
Senior means a loan primarily secured by a first priority lien on commercial real property and related personal property and also includes, when applicable, any companion subordinate loans.
Senior as used herein shall be deemed to mean that, in the event of any default in the payment of the obligations represented by the Notes (after giving effect to "cure" provisions, if any) or of any liquidation, insolvency, bankruptcy, reorganization, or similar proceedings relating to the Company, all sums payable on Notes shall first be paid in full, with interest, if any, before any payment is made upon any other indebtedness for borrowed money, other than purchase money equipment financing, now outstanding or hereinafter incurred, and, in any such event, any payment or distribution of any character which shall be made in respect of any other indebtedness of the Company shall be paid over to the Lender of this Note for application to the payment hereof, unless and until the obligations under this Note (which shall mean the principal and other obligations arising out of, premium, if any, interest on, and any costs and expenses payable under, this Note) shall have been paid and satisfied in full.

Examples of Senior in a sentence

  • In India:Shri X.X. Xxxxxx, Senior Scientific Officer (International Division), Department of Science and Technology,New Mehrauli Road, New Delhi - 110 016, Email: xxxxxx_xx@xxx.xx In Hungary: Xx. Xxxxxx Xxxxxxx, Senior Counsellor, National Office for Research and Technology (NKTH), Tel: +00 00000000, fax: +36 1 2660801Address: Budapest, Xxxxxxx X.

  • The Parties recognize that a Player may be subjected to disciplinary action for just cause by his Club, the Senior Vice President, Standards and On-Field Operations or the Commissioner.

  • Senior scientists and technicians are treated as quasi-fixed labour or inputs.

  • If the Senior Officers fail to resolve the Dispute in the allotted time, then the parties shall, within that period, on the written request of either party enter into an alternative Dispute Resolution Procedure with the assistance of a mediator agreed by the parties or, in default of such agreement within 7 (seven) days of receipt of such request, appointed, at the request of either party, by the Centre for Dispute Resolution or such other similar body as is agreed.

  • Written notice of discipline of a Player (a fine, or suspension, or both) imposed by the Commissioner of Baseball, the Senior Vice President, Standards and On-Field Operations, or a Club (except for actions aris- ing from participation in the Winter Leagues) and the reason therefore shall in every case be given to the Player and the Association.


More Definitions of Senior

Senior means a person age 60 or older;
Senior or “elderly” shall mean persons sixty (60) years of age or older. A “Senior Representative” shall be someone, who may also be a senior, representing the needs of elderly transportation system users, and who is familiar through association with groups or individuals, or facilities serving seniors, with the special transportation needs of elderly users.
Senior means a pupil enrolled in the 12th grade in a public or private high school, a tribal school, the school operated by the Wisconsin Educational Services Program for the Deaf and Hard of Hearing, or the school operated by the Wisconsin Center for the Blind and Visually Impaired.
Senior means any person of the age of 21 years or over who is covered by this Award.
Senior means an applicant who is sixty-six years of age or older at the time of application for a permit.
Senior means any person who is fifty-five years of age or over.
Senior is used as a comparative term as against any specified Mortgage, such term refers to any Mortgage that is senior in lien to such specified Mortgage. If only one Mortgage exists, then it shall be deemed the “Senior” Mortgage of such type.