Senior Holder definition

Senior Holder means, (i) the Note Holders of Series A until the Secured Obligations in respect of Series A Equipment Notes have been paid in full, (ii) after the Secured Obligations in respect of Series A Equipment Notes have been paid in full, the Note Holders of Series B until the Secured Obligations in respect of Series B Equipment Notes have been paid in full and (iii) after the Secured Obligations in respect of Series B Equipment Notes have been paid in full, the Note Holders of Series C until the Secured Obligations in respect of Series C Equipment Notes have been paid in full.

Senior Holder is defined in Section 2.13(c) of the Trust Indenture.

Senior Holder means, in the case of a share held by two or more joint holders, whichever of them is named first in the register;

Examples of Senior Holder in a sentence

• Anything contained in the provisions of this Section to the contrary notwithstanding, any Senior Holder may at any time, by a document specifically exercising such right, subordinate the lien, operation and/or effect of its Senior Instrument to the operation and effect of this Lease without obtaining the Tenant’s consent thereto, by giving the Tenant written notice thereof, in which event this Lease shall be deemed to be senior to such Senior Instrument.

• Notwithstanding the foregoing, in the event of an emergency or default that materially interferes with Tenant’s business, Tenant shall not be required to provide notice to the Senior Holder.

• The Tenant shall, promptly at the request of the Landlord or the holder of any Senior Instrument (each herein called a “Senior Holder”), execute, acknowledge and deliver such further instrument or instruments evidencing such subordination as the Landlord or such Senior Holder deems necessary or desirable and (at such Senior Holder’s request) attorning to such Senior Holder.

• Landlord will not disclose any aspect of Tenant’s financial statements that Tenant designates to Landlord as confidential except (1) to any Senior Holder or prospective purchasers of the Building, (2) in litigation between Landlord and Tenant, and (3) if required by court order.

More Definitions of Senior Holder

Senior Holder shall have the meaning specified in Section 2.15(c) of the Trust Indenture.

Senior Holder means (i) the Note Holders of Series A Equipment Notes and Related Note Holders of the Related Series A Equipment Notes until the Secured Obligations in respect of Series A Equipment Notes and Related Series A Equipment Notes have been paid in full, (ii) after the Secured Obligations in respect of Series A Equipment Notes and Related Series A Equipment Notes have been paid in full, the Note Holders of Series B Equipment Notes and Related Note Holders of the Related Series B Equipment Notes until the Secured Obligations in respect of Series B Equipment Notes and Related Series B Equipment Notes have been paid in full, and (iii) after the Secured Obligations in respect of Series B Equipment Notes and Related Series B Equipment Notes have been paid in full, the Note Holders of Series C Equipment Notes and Related Note Holders of the Related Series C Equipment Notes until the Secured Obligations in respect of Series C Equipment Notes and Related Series C Equipment Notes have been paid in full.

Senior Holder means, (i) the Certificate Holders of Series A until the Secured Obligations in respect of Series A Secured Certificates have been paid in full and (ii) after the Secured Obligations in respect of Series A Secured Certificates have been paid in full, the Certificate Holders of Series B until the Secured Obligations in respect of Series B Secured Certificates have been paid in full.

Senior Holder is defined in Section 2.14(c) of the Trust Indenture.

Senior Holder or "Senior Holders" shall mean, (i) the Note Holders of Series A until the Secured Obligations in respect of Series A Equipment Notes have been paid in full, (ii) after the Secured Obligations in respect of Series A Equipment Notes have been paid in full, the Note Holders of Series B until the Secured Obligations in respect of Series B Equipment Notes have been paid in full, (iii) after the Secured Obligations in respect of Series B Equipment Notes have been paid in full, the Note Holders of Series C until the Secured Obligations in respect of Series C Equipment Notes have been paid in full and (iv) after the Secured Obligations in respect of Series C Equipment Notes have been paid in full, the Note Holders of Series D until the Secured Obligations in respect of Series D Equipment Notes have been paid in full.

Senior Holder has the meaning specified for such term in Section 2.15(c) of the Indenture.

Senior Holder means the Certificate Holders of Series G until the Secured Obligations in respect of Series G Secured Certificates have been paid in full.