Subordinated Loan Agreement definition

Subordinated Loan Agreement means a binding agreement with a Subordinated Debt Provider providing unsecured debt financing for the benefit of the Energy Complex and on terms and conditions that shall satisfy the requirements of the Financing Documents.

Subordinated Loan Agreement means the subordinated loan agreement dated on or about the Closing Date, as amended from time to time, and entered into by, amongst others, the Issuer, the Subordinated Lender and the Security Trustee, under which the Subordinated Lender will advance (or has advanced) the Subordinated Loan to the Issuer.

Subordinated Loan Agreement means each subordinated loan agreement entered into between a Subordinated Lender and the Guarantor;

Examples of Subordinated Loan Agreement in a sentence

• It is not possible to make final documentation available before pricing of the Notes and so the Servicer has made available the Prospectus and drafts of the Trust Agreement, Security Assignment Deed, Agency Agreement, Account Agreement, Receivables Purchase Agreement, Servicing Agreement, Data Protection Trust Agreement, Subordinated Loan Agreement and template Swap Agreements via the Securitisation Repository.

• It is not possible to make final documentation available before pricing of the Notes and so the Servicer has made available the Prospectus and drafts of the Trust Agreement, Security Assignment Deed, Agency Agreement, Account Agreement, Receivables Purchase Agreement, Servicing Agreement, Data Protection Trust Agreement, Subordinated Loan Agreement and template Swap Agreements on the website of the European Data Warehouse (www.eurodw.eu).

• If, after application of any funds required to be applied from the First Loss Fund towards the items referred to above, there remains on any Interest Payment Date a surplus over the Required Amount in the First Loss Fund, that surplus will be released from the First Loss Fund and applied in repayment of principal amounts outstanding under the Subordinated Loan Agreement.

• The aggregate principal amount of all Subordinated Loans advanced to the Issuer from time to time in terms of the Subordinated Loan Agreement, may not exceed the Facility Limit.

• All payment obligations of the Issuer under the Notes and the Subordinated Loan Agreement constitute limited recourse obligations to pay only the respective Available Distribution Amount which includes, inter alia, amounts received by the Issuer from the Purchased Receivables and under the Transaction Documents.

More Definitions of Subordinated Loan Agreement

Subordinated Loan Agreement means each subordinated loan agreement entered into on 20 May 2013 between a Subordinated Lender and the Guarantor.

Subordinated Loan Agreement is that certain Subordinated Loan and Security Agreement dated as of even date herewith, between Borrower and Bank, as amended and in effect.

Subordinated Loan Agreement means that certain Junior Loan and Security Agreement, dated as of December 5, 2008 among DTAC, as borrower, the Persons party thereto as “Lenders”, DTCC, as servicer and Xxxxx Fargo Bank, National Association, as collateral agent, as amended, restated, supplemented or otherwise modified from time to time.

Subordinated Loan Agreement means that certain Subordinated Loan and Security Agreement, amended and restated as of July 23, 2004, among Specialty Underwriters’ Alliance, Inc., as borrower, Cxxxxxxx Xxxxx, Pxxxx Xxxxxx, Wxxxxxx Xxxxx and Gxxx Xxxxxxxx, as subordinated lenders, and the Senior Lenders, as senior lenders to the Company, for the purpose of receiving the rights and benefits created by Sections 2.02(d) and 2.09 thereof.

Subordinated Loan Agreement means the subordinated loan agreement entered into between the Subordinated Lender and the Guarantor.

Subordinated Loan Agreement has the meaning set forth in the recitals to this Agreement.

Subordinated Loan Agreement means the subordinated loan agreement dated as of October 22, 2021 between the Subordinated Lender and the Issuer, as the same may be amended, supplemented, restated, replaced or otherwise modified from time to time.