Designation of Senior Finance Documents Sample Clauses

Designation of Senior Finance Documents. If the terms of a document effect a change which would, if that change was effected by way of amendment to, or waiver of, the terms of a Finance Document, require a notification by or the consent of the Hedge Counterparties under Clause 3.3 (Restriction on amendments and waivers: SFA guarantee), that document shall not constitute a “Finance Document” for the purposes of this Agreement or a “Finance Document” for the purposes of the Facilities Agreement, without such a notification by or the prior consent of the Hedge Counterparties.
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Designation of Senior Finance Documents. The Senior Agent and the Company shall not designate a document a Finance Document for the purposes of the Senior Facilities Agreement without the prior consent of the Majority Noteholders if the terms of that document effect a change which would require the consent of the Majority Noteholders under clause 3.2.

Related to Designation of Senior Finance Documents

  • Subordination of Junior Financing The Obligations are “Senior Debt,” “Senior Indebtedness,” “Guarantor Senior Debt” or “Senior Secured Financing” (or any comparable term) under, and as defined in, any Junior Financing Documentation.

  • Junior Financing Documentation (i) Any of the Obligations of the Loan Parties under the Loan Documents for any reason shall cease to be “Senior Indebtedness” (or any comparable term) or “Senior Secured Financing” (or any comparable term) under, and as defined in any Junior Financing Documentation or (ii) the subordination provisions set forth in any Junior Financing Documentation shall, in whole or in part, cease to be effective or cease to be legally valid, binding and enforceable against the holders of any Junior Financing, if applicable.

  • Designation as a Finance Document The Borrower and the Agent designate this Agreement as a Finance Document.

  • Subordinated Indebtedness The Obligations constitute senior indebtedness which is entitled to the benefits of the subordination provisions of all outstanding Subordinated Indebtedness.

  • Subordinated Debt (a) Make or permit any payment on any Subordinated Debt, except under the terms of the subordination, intercreditor, or other similar agreement to which such Subordinated Debt is subject, or (b) amend any provision in any document relating to the Subordinated Debt which would increase the amount thereof or adversely affect the subordination thereof to Obligations owed to Bank.

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