Examples of Subordinated Note Documents in a sentence
The Loans and other obligations hereunder constitute “Senior Indebtedness” under and as defined in the Subordinated Note Documents.
The previous year’s allocation is just repeated and then invaded again by urgent family attrition as previously.
The subordination provisions contained in the Senior Subordinated Note Documents are enforceable against Borrower and each Subsidiary party thereto, and all Obligations are within the definition of "Senior Indebtedness" or "Guarantor Senior Indebtedness", as the case may be, included in such subordination provisions.
The subordination provisions contained in the Senior Subordinated Note Documents are enforceable againstBorrower, each Subsidiary party thereto, and the subordinating creditors thereunder, and all Obligations are within the definition of “Senior Indebtedness” or “Guarantor Senior Indebtedness”, as the case may be, included in such subordination provisions.
No right of any Senior Creditor to enforce the subordination of the Subordinated Indebtedness or any other obligations evidenced by a Subordinated Note Document shall be impaired by any failure to act by Issuer, any other Loan Party or such Senior Creditor or by the failure of Issuer, any other Loan Party or such Senior Creditor to comply with this Note or the other Subordinated Note Documents.