Senior Debt Discharge Date definition

Senior Debt Discharge Date means the date on which all amounts due and owing to the Senior Lenders under the Senior Financing Agreements have been fully and irrevocably paid or discharged (whether or not as a result of enforcement) and the Senior Lenders are under no further obligation to advance under the relevant Senior Financing Agreement;
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Senior Debt Discharge Date has the meaning set forth in the Intercreditor Agreement.
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Senior Debt Discharge Date means the first date on which each of the Senior Lender Discharge Date, the Senior Notes Discharge Date and the Permitted Senior Financing Discharge Date has occurred.
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Examples of Senior Debt Discharge Date in a sentence

  • Subject to Clause 4 (New Money), on the Senior Debt Discharge Date, the terms of this Deed shall terminate.

  • Except in accordance with Sections 9.1 to 9.3 (inclusive) or as otherwise expressly permitted under this Agreement, the Authority will not, prior to the Senior Debt Discharge Date, claim, recover, retain or receive(or seek to claim, recover, retain or receive) any amount under either of the Material Project Contractor Collateral Agreements (or either of the Material Contracts) in respect of a loss for which a Material Contract Party is also liable to the Senior Lenders.

  • As such, there are no applicable resale, recapture, or affordability provisions related to homebuyer activities.

  • The Agent shall promptly notify the Province’s Representative when it believes the Senior Debt Discharge Date will occur.

  • Following the Senior Debt Discharge Date, if the resigning Security Trustee chooses not to make such an appointment, then the XX Xxxx Trustee shall automatically become Security Trustee.

  • On and after the earlier of: the Senior Debt Discharge Date; and the date on which the Facility Agent has given its written consent; the Authority shall be entitled to exercise its rights under the Collateral Warranties in connection with the Construction Sub-Contract, Operating Sub-Contract, or other Construction/Operating Sub-Contract in accordance with the Collateral Warranties without restriction.

  • This shall include informing the Creditors of any notification received under this Deed and informing the XX Xxxx Trustee of the occurrence of the Senior Debt Discharge Date.

  • Any payment in respect of the Seller Debt is allowed after the Senior Debt Discharge Date.

  • Notwithstanding any provision in the Collateral Warranties to the contrary, and without prejudice to paragraph 10.9, the Authority agrees that it will not exercise or seek to exercise any of its step-in rights or other rights under or in respect of any Collateral Warranty prior to termination of the Contract until the earlier of: the Senior Debt Discharge Date; and the date on which the Facility Agent has given its written consent to such exercise following a request from the Authority or otherwise.

  • The study employed three experienced data collectors that were at least diploma holders in nursing.


More Definitions of Senior Debt Discharge Date

Senior Debt Discharge Date means the first date on which all Senior Debt has been fully and irrevocably paid or discharged and no further Senior Debt is capable of becoming outstanding
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Senior Debt Discharge Date means the date on which:
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Senior Debt Discharge Date. ’ means the date that the Senior Debt has been irrevocably discharged in full to the satisfaction of the relevant Loan Facility Agent.
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Related to Senior Debt Discharge Date

  • Senior Discharge Date means the first date on which all of the Senior Debt (other than contingent indemnification obligations) has been paid indefeasibly in full in cash and all commitments of Senior Lenders under the Senior Loan Documents have been terminated.

  • Final Discharge Date means the date when all principal, interest and any other costs or outstanding amounts under the Senior Finance Documents have been irrevocably discharged in full and all commitments of the Secured Parties under the Senior Finance Documents have expired, been cancelled or terminated.

  • Discharge Date means the date on which the Obligations have been unconditionally and irrevocably paid in full and all Letters of Credit terminated or Cash Collateralized, except for contingent obligations under the Loan Documents which by their terms survive.

  • Senior Credit Facility shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.

  • Senior Debt means the principal of, premium, if any, interest (including all interest accruing subsequent to the commencement of any bankruptcy or similar proceeding, whether or not a claim for post-petition interest is allowable as a claim in any such proceeding) and rent payable on or in connection with, and all fees, costs, expenses and other amounts accrued or due on or in connection with, Indebtedness of the Company, whether outstanding on the date of this Indenture or thereafter created, incurred, assumed, guaranteed or in effect guaranteed by the Company (including all deferrals, renewals, extensions or refundings of, or amendments, modifications or supplements to, the foregoing), unless in the case of any particular Indebtedness the instrument creating or evidencing the same or the assumption or guarantee thereof expressly provides that such Indebtedness shall not be senior in right of payment to the Securities or expressly provides that such Indebtedness is “pari passu” or “ junior” to the Securities. Notwithstanding the foregoing, the term Senior Debt shall not include any Indebtedness of the Company to any Subsidiary of the Company. If any payment made to any holder of any Senior Debt or its Representative with respect to such Senior Debt is rescinded or must otherwise be returned by such holder or Representative upon the insolvency, bankruptcy or reorganization of the Company or otherwise, the reinstated Indebtedness of the Company arising as a result of such rescission or return shall constitute Senior Debt effective as of the date of such rescission or return.

  • Senior Obligations is defined in Section 5.1 of this Agreement.