Junior Debt Documents. There are no material Junior Debt Documents other than the Junior Note, a true, correct and complete copy of which has been provided to the Senior Agent.
Junior Debt Documents. Until the Senior Debt is Finally Paid, and notwithstanding anything contained in the Junior Debt Documents to the contrary, no Junior Creditor shall, without the prior written consent of Senior Agent, agree to any amendment, modification or supplement to the Junior Debt Documents, the effect of which is to:
(a) increase (i) the rate of interest payable in cash on any of the Junior Debt (excluding the imposition of a default rate of interest in accordance with the terms of the Junior Debt Documents) or (ii) the rate of interest payable in kind by more than 200 basis points per annum in excess of the rate payable in kind provided as of the date hereof, except to the extent (x) any such increase of the rate of interest payable in kind does not permit, or result in, any cash payment of interest in respect thereof in excess of two percent (2%) per annum and (y) no interest accrued in respect of such increase in the rate of interest payable in kind shall cause an increase in excess of two percent (2%) per annum in the amount of interest required or permitted to be paid in cash in respect of the Junior Debt;
(b) accelerate the dates upon which payments of principal or interest on the Junior Debt are due;
(c) add or make more burdensome in any respect, any event of default or any covenant with respect to the Junior Debt, except that in the event the events of default or covenants in the Senior Credit Agreement are changed or amended after the date hereof in a manner which is more restrictive on any Obligor, Junior Creditors shall be permitted to make changes and amendments with comparable cushions in the case of restricted amounts and on a proportional basis with respect to changes in the events of default or covenants in the Junior Credit Agreement;
(d) make more burdensome the redemption or prepayment provisions of the Junior Debt;
(e) obtain any guarantee or other credit support for the Junior Debt from any Person who has not guaranteed the Senior Debt or take any Liens or security interests in any assets of an Obligor or any other assets securing Senior Debt other than judgment liens securing only Permitted Subordinated Debt Payments obtained pursuant to an Enforcement Action permitted hereunder (“Permitted Judgment Liens”) or Permitted Subordinated Liens; or
(f) impose any limitation on amendments or modifications of the Senior Debt Documents that is more restrictive than the limitations contained herein.
Junior Debt Documents. Upon Agent's request, to be given by notice to EGP and Subordinated Lender: (i) a copy of all Junior Debt Documents shall be delivered to Agent; and/or (ii) all Junior Debt Documents shall be conspicuously marked with substantially the following legend: "The obligations hereunder (and the payments with respect thereto) are subject to that certain Subordination Agreement dated as of October 29, 2003, by and between U.S. Home & Garden, Inc. and CapitalSource Finance LLC" and after being so marked, the originals of the Junior Debt Documents shall be exhibited to Agent and a copy of the marked Junior Debt Documents shall be delivered to Agent.
Junior Debt Documents. Concurrently with the execution hereof, a copy of all Junior Debt Documents shall be delivered to Senior Lender and all Junior Debt Documents shall be conspicuously marked with substantially the following legend: "Subject to that certain Intercreditor and Subordination Agreement, dated as of February ___, 1999, between _____________, Frampton Industries, Ltd. and FINXXX Xxxxtal Corporation
Junior Debt Documents. Subordinating Lender and Obligors covenant to Agent that the Amended Note shall be marked with the following legend and, upon Agent's request, to be given by notice to Obligors and Subordinating Lender:
(i) a copy of all Junior Debt Documents other than the Amended Note shall be delivered to Agent; and/or (ii) all Junior Debt Documents shall be conspicuously marked with substantially the following legend, modified as may be necessary to reflect proper references to such Junior Debt Document: "THIS NOTE AND THE INDEBTEDNESS EVIDENCED HEREBY IS SUBORDINATE IN THE MANNER AND TO THE EXTENT SET FORTH IN THAT CERTAIN SUBORDINATION AGREEMENT, DATED AS OF DECEMBER 30, 2002, BY AND AMONG THE MAKER HEREOF, THE PAYEE NAMED HEREIN, AND FOOTHILL CAPITAL CORPORATION, AS SUCH AGREEMENT MAY BE AMENDED FROM TIME TO TIME, AND EACH HOLDER OF THIS NOTE, BY ITS ACCEPTANCE HEREOF, SHALL BE BOUND BY THE PROVISIONS OF SUCH SUBORDINATION AGREEMENT." and after being so marked, the originals of the Junior Debt Documents shall be exhibited to Agent and a copy of the marked Junior Debt Documents shall be delivered to Agent.
Junior Debt Documents. Upon Senior Lender's request, to be given by notice to Borrower and Subordinating Lender:
(i) a copy of all Junior Debt Documents shall be delivered to Senior Lender; and/or (ii) all Junior Debt Documents shall be conspicuously marked with substantially the following legend: "Subject to that certain Subordination Agreement, dated as of August 16, 1996, by and among Glenx X. Xxxxxxxxx, xx individual residing in the State of Texas, Bobbx X. Xxxxxxxxx,
Junior Debt Documents. The Administrative Agent shall have received a true and complete copy of each Junior Debt Document, and each such Junior Debt Document shall be in form and substance reasonably satisfactory to the Administrative Agent.
Junior Debt Documents. The Administrative Agent shall have received (i) duly executed true and complete copies of (A) the Secured Promissory Note and any other Junior Debt Document and (B) an intercreditor and subordination agreement in the form attached hereto as Annex B and (ii) evidence, reasonably acceptable to the Administrative Agent, that (Y) the Delayed Draw Term Loan Lenders have returned to the Borrowers the Delayed Draw Term Loan Note marked “satisfied” or words of similar effect, providing a copy thereof to the Administrative Agent and (Z) the Borrowers have received an advance of funds under the Secured Promissory Note in an amount not less than $5,000,000 (exclusive of reasonable and documented expenses of the Delayed Draw Term Loan Lenders incurred in connection with the Borrowers’ issuance of the Junior Debt Documents).
Junior Debt Documents. The Borrower now desires to amend the Senior Loan Documents further in order to extend the Maturity Date, and the Bank is willing to do so upon the terms set forth herein.
Junior Debt Documents. Upon Senior Lender's request, to be given by notice to Borrower and Subordinating Lender:
(i) a copy of all Junior Debt Documents shall be delivered to Senior Lender; and/or (ii) all Junior Debt Documents shall be conspicuously marked with substantially the following legend: