Approved Subordination Agreement definition

Approved Subordination Agreement means, with respect to any Approved Subordinated Debt, a subordination agreement in form and substance reasonably satisfactory to Administrative Agent.
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Approved Subordination Agreement has the meaning set forth in Section 6.14(b).
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Approved Subordination Agreement means a subordination agreement between Medallion Funding and a Permitted Subordinated Lender, substantially in the form attached hereto as Exhibit J, as amended, supplemented, restated or otherwise modified from time to time with the consent of the Agent in its reasonable discretion.
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Examples of Approved Subordination Agreement in a sentence

  • Those certain subordinate promissory notes payable to a seller in a Permitted Acquisition executed in connection with a Permitted Acquisition, which are in form and substance satisfactory to the Agent, which are subject to and the holder of such notes shall have executed and delivered, an Agent Approved Subordination Agreement.

  • The Indebtedness of the Borrower that is expressly subordinated and made junior to the payment and performance in full of all of the Obligations, and is either (x) evidenced by any Seller Notes, (y) Permitted Acquisition Indebtedness or any other indebtedness approved by the Agent and the Lenders in their sole and absolute discretion subordinated to the obligations pursuant to an Agent Approved Subordination Agreement or (z) is evidenced by the SCP Subordinated Notes.

  • Reference to the Amendment or this Amendment means the Amendment to the Previously Approved Subordination Agreement and the Supplement to the Amendment to the Previously Approved Subordination Agreement, together with Exhibit A attached hereto.

  • Borrower, Agent and Lenders shall have entered into an Agent Approved Subordination Agreement regarding the Granite Subordinated Debt.

  • Indebtedness incurred (other than hereunder) or assumed in connection with a Permitted Acquisition approved by the Required Lenders in writing and all of the documents, instruments or agreements evidencing or with respect to the payment of any Permitted Acquisition Indebtedness are subject to an Agent Approved Subordination Agreement; provided, that no Default or Event of Default has occurred and is continuing at the time such Permitted Acquisition Indebtedness is incurred or assumed.

  • Indebtedness incurred (other than hereunder) or assumed in connection with a Permitted Acquisition approved by the Required Lenders in writing and all of the documents, instruments or agreements evidencing, or with respect to the payment of, any Permitted Acquisition Indebtedness are subject to an Agent Approved Subordination Agreement; provided, that, no Default or Event of Default has occurred and is continuing at the time such Permitted Acquisition Indebtedness is incurred or assumed.


More Definitions of Approved Subordination Agreement

Approved Subordination Agreement means any agreement pursuant to which any indebtedness of any Credit Party is specifically subordinated in right of payment to the prior payment of the obligations of the Credit Parties under this Agreement and the other Loan Documents.
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Approved Subordination Agreement means a Subordination Agreement substantially in the form of Exhibit H-3 entered into by a holder of Indebtedness in favor of the Administrative Agent in order to make such Indebtedness subordinated and junior in right of payment to the Obligations.
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Approved Subordination Agreement a subordination agreement, executed and delivered by the Borrower and Insight Holdings to the Agent, substantially in the form of Exhibit L hereto.
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Related to Approved Subordination Agreement

  • Affiliate Subordination Agreement means an Affiliate Subordination Agreement in the form of Exhibit B pursuant to which intercompany obligations and advances owed by any Loan Party are subordinated to the Obligations.

  • Management Fee Subordination Agreement means that certain Amended and Restated Management Fee Subordination Agreement, dated as of the Closing Date, by and between the Sponsor and Agent and acknowledged by the Borrower.

  • Intercompany Subordination Agreement means an intercompany subordination agreement, dated as of even date with this Agreement, executed and delivered by each Loan Party and each of its Subsidiaries, and Agent, the form and substance of which is reasonably satisfactory to Agent.

  • Subordination Agreement means any subordination agreement in form and substance satisfactory to Administrative Agent entered into from time to time with respect to Subordinated Debt.

  • Subordination Agreements means, collectively, any subordination agreements entered into by any Person from time to time in favor of Agent in connection with any Subordinated Debt, the terms of which are acceptable to the Agent, in each case as the same may be amended, restated or otherwise modified from time to time, and “Subordination Agreement” shall mean any one of them.

  • Assignment of Management Agreement means the Assignment of Management Agreement and Subordination of Management Fees, dated the same date as this Loan Agreement, among Borrower, Lender and Property Manager, including all schedules, riders, allonges and addenda, as such Assignment of Management Agreement may be amended from time to time, and any future Assignment of Management Agreement and Subordination of Management Fees executed in accordance with Section 6.09(d).

  • Collateral Assignment Agreement has the meaning set forth in Section 10.05.

  • Reaffirmation Agreement means the Reaffirmation Agreement dated as of the Closing Date by the Borrower and the Guarantors to the Administrative Agent for the benefit of the Secured Parties.

  • Whole Loan Agreement Any Reconstitution Agreement in respect of a Whole Loan Transfer.

  • Subordinated Loan Agreement means the subordinated loan agreement dated on or about the Closing Date, as amended from time to time, and entered into by, amongst others, the Issuer, the Subordinated Lender and the Security Trustee, under which the Subordinated Lender will advance (or has advanced) the Subordinated Loan to the Issuer.

  • Guaranty Agreement means an agreement executed by the Guarantors in substantially the form of Exhibit F-2 unconditionally guarantying on a joint and several basis, payment of the Indebtedness, as the same may be amended, modified or supplemented from time to time.

  • Designation Agreement means a designation agreement entered into by a Lender (other than a Designated Bidder) and a Designated Bidder, and accepted by the Agent, in substantially the form of Exhibit D hereto.

  • Bailee Agreement means a Bailee Agreement among Seller, Buyer and Bailee in the form of Exhibit IV hereto.

  • Accession Agreement means an Accession Agreement substantially in the form of Annex I to the Guaranty.

  • Consent Agreement means this Consent Agreement, duly signed and concluded between the Commission and the Respondent, as contemplated in section 40(1) of the Act.

  • Sponsor Agreement has the meaning specified in the Recitals hereto.

  • Lender Assignment Agreement means an assignment agreement substantially in the form of Exhibit D hereto.

  • Arrangement Agreement has the meaning ascribed thereto in the recitals hereof;

  • Diversion agreement means a mechanism designed to hold a child accountable for his or her behavior and, if appropriate, securing services to serve the best interest of the child and to provide redress for that behavior without court action and without the creation of a formal court record;

  • Subsidiary Guaranty Agreement means each unconditional guaranty agreement executed by the Subsidiary Guarantors in favor of the Administrative Agent for the ratable benefit of the Secured Parties, substantially in the form of Exhibit H, as amended, restated, supplemented or otherwise modified from time to time.

  • Disbursement Agreement that certain Master Disbursement Agreement, dated as of , 2002, among the Borrower, the Administrative Agent and the other parties signatory thereto, as the same may hereafter be amended or modified in accordance with its terms and the terms of the Credit Agreement.

  • Indemnity Agreement means that certain Indemnity Agreement dated as of the Closing Date by Borrower and Indemnitor in favor of Lender.

  • Project Loan Agreement means the Project Loan Agreement dated as of the date hereof among the Borrower, the Governmental Lender and the Fiscal Agent, as amended, supplemented or restated from time to time.

  • Notice of Replacement Subordination Agent has the meaning specified in Section 3.08.

  • Cooperation Agreement means that certain Mortgage Loan Cooperation Agreement, dated as of the Closing Date, among Borrower, Lender and Sponsor, as the same may from time to time be amended, restated, replaced, supplemented or otherwise modified in accordance herewith.

  • Subordination Deed means a subordination deed entered into or to be entered into by, inter alia, each Subordinated Creditor and the Agent in agreed form;