Common use of Subordination of Subordinated Debt Clause in Contracts

Subordination of Subordinated Debt. This Agreement, and all amendments, modifications, extensions, renewals, refinancings and refundings hereof, constitute the “Senior Credit Agreement,” “Senior Indebtedness” or any substantially equivalent term within the meaning of all Subordinated Debt Documents; this Agreement, together with each of the other Loan Documents and all amendments, modifications, extensions, renewals, refinancings and refundings hereof and thereof, constitute “Senior Loan Documents” within the meaning of all Subordinated Debt Documents; and the Loans and all other Obligations of the Borrower to the Lenders and the Administrative Agent under this Agreement, the Notes and all other Loan Documents, and all amendments, modifications, extensions, renewals, refundings or refinancings of any of the foregoing constitute “Senior Indebtedness” of the Borrower within the meaning of all Subordinated Debt Documents; and the holders thereof from time to time shall be entitled to all of the rights of a holder of “Senior Indebtedness” pursuant to the subordination provisions applicable to such Subordinated Debt.

Appears in 1 contract

Samples: Revolving Credit Agreement (Boston Private Financial Holdings Inc)

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Subordination of Subordinated Debt. This Agreement, and all amendments, modifications, extensions, renewals, refinancings and refundings hereof, constitute the “Senior Credit Agreement,“Senior Indebtedness” (or any substantially equivalent term other comparable term) within the meaning of all the Subordinated Debt Documents; this Agreement, together with each of the other Loan Documents and all amendments, modifications, extensions, renewals, refinancings and refundings hereof and thereof, constitute “Senior Loan Documents” (or other comparable term) within the meaning of all the Subordinated Debt Documents; and the Revolving Loans, the Term Loans and all other Obligations of the Borrower to the Lenders and the Administrative Agent under this Agreement, the Notes Agreement and all other Loan Documents, and all amendments, modifications, extensions, renewals, refundings or refinancings of any of the foregoing constitute “Senior Indebtedness” (or other comparable term) of the Borrower within the meaning of all the Subordinated Debt Documents; , and the holders thereof from time to time shall be entitled to all of the rights of a holder of “Senior Indebtedness” (or other comparable term) pursuant to the subordination provisions applicable to such Subordinated DebtDebt Documents.

Appears in 1 contract

Samples: Credit Agreement (EVO Payments, Inc.)

Subordination of Subordinated Debt. This Agreement, and all amendments, modifications, extensions, renewals, refinancings and refundings hereof, constitute the “Senior Credit Agreement,“Senior Indebtedness” or any substantially equivalent term within the meaning of all any applicable Subordinated Debt DocumentsDocument; this Agreement, together with each of the other Loan Documents and all amendments, modifications, extensions, renewals, refinancings and refundings hereof and thereof, constitute “Senior Loan Documents” within the meaning of all under any documentation with respect to Permitted Subordinated Debt DocumentsIndebtedness; and the Revolving Loans, the Term Loans and all other Obligations of the Borrower Loan Parties to the Lenders and the Administrative Agent under this Agreement, the Notes Agreement and all other Loan Documents, and all amendments, modifications, extensions, renewals, refinancings or refundings or refinancings of any of the foregoing foregoing, constitute “Senior Indebtedness” of the Borrower within the meaning of all Subordinated Debt Documents; Loan Parties, and the holders thereof from time to time shall be entitled to all of the rights of a holder of “Senior Indebtedness” pursuant to the subordination provisions applicable any documentation with respect to such Permitted Subordinated DebtIndebtedness.

Appears in 1 contract

Samples: Credit Agreement (Biote Corp.)

Subordination of Subordinated Debt. This Agreement, and all amendments, modifications, extensions, renewals, refinancings and refundings hereof, constitute the “Senior Credit Agreement,” “Senior Indebtedness” or any substantially equivalent term within the meaning of all Subordinated Debt Documents; this Agreement, together with each of the other Loan Documents and all amendments, modifications, extensions, renewals, refinancings and refundings hereof and thereof, constitute “Senior Loan Documents” within the meaning of all Subordinated Debt Documents; and the Loans and all other Obligations of the Borrower to the Lenders and the Administrative Agent under this Agreement, the Notes and all other Loan Documents, and all amendments, modifications, extensions, renewals, refundings or refinancings of any of the foregoing constitute “Senior Indebtedness” of the Borrower within the meaning of all Subordinated Debt Documents; and the holders thereof from time to time shall be entitled to all of the rights of a holder of “Senior Indebtedness” pursuant to the subordination provisions applicable to such Permitted Subordinated Debt.

Appears in 1 contract

Samples: Revolving Credit Agreement (Boston Private Financial Holdings Inc)

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Subordination of Subordinated Debt. This Agreement, and all amendments, modifications, extensions, renewals, refinancings and refundings hereof, constitute the “Senior Credit Agreement,“Senior Indebtedness” (or any substantially equivalent term other comparable term) within the meaning of all the Subordinated Debt Documents; this Agreement, together with each of the other Loan Documents and all amendments, modifications, extensions, renewals, refinancings and refundings hereof and thereof, constitute “Senior Loan Documents” (or other comparable term) within the meaning of all the Subordinated Debt Documents; and the Loans Revolving Loans, the Term Loans, the Add-On Term Loans, the Incremental Term Loan A and all other Obligations of the Borrower to the Lenders and the Administrative Agent under this Agreement, the Notes Agreement and all other Loan Documents, and all amendments, modifications, extensions, renewals, refundings or refinancings of any of the foregoing constitute “Senior Indebtedness” (or other comparable term) of the Borrower within the meaning of all the Subordinated Debt Documents; , and the holders thereof from time to time shall be entitled to all of the rights of a holder of “Senior Indebtedness” (or other comparable term) pursuant to the subordination provisions applicable to such Subordinated DebtDebt Documents.

Appears in 1 contract

Samples: Credit Agreement (EVO Payments, Inc.)

Subordination of Subordinated Debt. This Agreement, and all amendments, modifications, extensions, renewals, refinancings and refundings hereof, constitute the “Senior Credit Agreement,“Senior Indebtedness” (or any substantially equivalent term other comparable term) within the meaning of all the Subordinated Debt Documents; this Agreement, together with each of the other Loan Documents and all amendments, modifications, extensions, renewals, refinancings and refundings hereof and thereof, constitute “Senior Loan Documents” (or other comparable term) within the meaning of all the Subordinated Debt Documents; and the Revolving Loans, the Term Loans, the Add-On Term Loans and all other Obligations of the Borrower to the Lenders and the Administrative Agent under this Agreement, the Notes Agreement and all other Loan Documents, and all amendments, modifications, extensions, renewals, refundings or refinancings of any of the foregoing constitute “Senior Indebtedness” (or other comparable term) of the Borrower within the meaning of all the Subordinated Debt Documents; , and the holders thereof from time to time shall be entitled to all of the rights of a holder of “Senior Indebtedness” (or other comparable term) pursuant to the subordination provisions applicable to such Subordinated DebtDebt Documents.

Appears in 1 contract

Samples: Credit Agreement (EVO Payments, Inc.)

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