Creditor Obligations definition

Creditor Obligations shall have the meaning ascribed to such term in the Intercreditor Agreement.
Creditor Obligations means collectively the Lender Obligations, the Indenture Obligations and obligations under any other indebtedness incurred in compliance with Section 9.9(b) with respect to which the creditor is joined hereto.
Creditor Obligations means all Obligations owing at any time by Debtor to Creditor.

Examples of Creditor Obligations in a sentence

  • Until the Senior Creditor Obligations have been Paid-in-Full (as such terms are defined in the Subordination Agreement, this Note may not be prepaid.

  • The allocation of loans to be assigned to the Ventas Assignee among the Creditor Obligations subject to the Landlord Debt Purchase Option shall be determined by the applicable Agents so long as the aggregate principal amount of loans assigned to the Ventas Assignee is no less than the Purchase Price.

  • Eltrax's and Junior Creditor's books shall be marked to evidence the subordination of all of the Junior Creditor Obligations to the Senior Creditor Obligations.

  • This Agreement shall continue in full force and effect and shall be irrevocable by any party hereto until the earliest to occur of the following: (i) the parties hereto in writing mutually agree to terminate this Agreement; (ii) the Junior Creditor Obligations are fully paid and discharged and the Junior Creditor Documents are terminated; or (iii) the Senior Creditor Obligations are fully paid and discharged and the Senior Creditor Documents are terminated.

  • Agent shall be authorized to apply any and all payments, collections and proceeds of Collateral received by it to such portion of the Senior Creditor Obligations as Agent may lawfully elect consistent with the provisions of the Senior Creditor Documents.


More Definitions of Creditor Obligations

Creditor Obligations means, collectively, the Approved Operating Expenses, Revolver Loan Obligations, Term Loan Obligations, Management Services and Reimbursement Agreement Obligations, Cash Management Obligations, and Prepetition Unsecured Claims Participation Interest.
Creditor Obligations means all of the Obligations owing at any time by Guarantor to Creditor under the terms of that certain Subordinated Promissory Note dated December 1, 2000, in the principal amount of Thirteen Million Five Hundred Forty-Nine Thousand Dollars ($13,549,000), issued by Guarantor to Creditor, together with any amendments, modifications, restatements, reissuances or rollovers of such Subordinated Promissory Note.
Creditor Obligations means all Obligations owing at any time by Debtor to Creditor, including, without limitation, obligations owed under the UBOC Loan Agreement, and all interest accruing during a bankruptcy proceeding with respect to Debtor, notwithstanding any law to the contrary.
Creditor Obligations means and include each and all of the following: the obligation to pay and perform when due all indebtedness, liabilities, obligations, guarantees, covenants, agreements, warranties and representations of BGI to Creditor, whether heretofore, now or hereafter existing, owing or arising; whether primary, secondary, direct, absolute, contingent, fixed, secured or unsecured; joint or several, monetary or non-monetary; and whether created pursuant to, or caused by BGI’s breach of the Guarantee, the Security Agreement, or any other present or future agreement or instrument, or created by operation of law or otherwise.
Creditor Obligations means, collectively, the Approved Operating Expenses, Revolver Loan Obligations, Term Loan Obligations, Management Services and Reimbursement Agreement Obligations and Prepetition Unsecured Claims.
Creditor Obligations means (a) all Bank Obligations, (b) all Note Obligations, (c) all Old Kent L/C Obligations and (d) all Seasonal Line of Credit Obligations.
Creditor Obligations means, collectively, (a) the Bank Obligations, (b) the Noteholder Obligations, (c) the Reimbursement Obligations, and (d) all Administrative Expenses.