Debt Subordination Agreement definition

Debt Subordination Agreement shall have the meaning assigned to that term in Section 3.1(o) of Annex III of this Note.

Debt Subordination Agreement means a Subordination Agreement executed by a Partner or Calpine, Borrower and Administrative Agent in substantially the form of Exhibit D-7 to the Credit Agreement and otherwise in form and substance satisfactory to Administrative Agent.

Debt Subordination Agreement means an agreement providing for the express subordination of Subordinated Indebtedness in right of payment to all Obligations, the form and terms of which are reasonably satisfactory to the Agents.

Examples of Debt Subordination Agreement in a sentence

• This Note and each of Holder’s rights and privileges hereunder is expressly subject to the terms of that certain Debt Subordination Agreement by and between BFI Business Finance and Holder dated as of March 19, 2010, as amended or modified from time to time.

• This Note and each of Holder's rights and privileges hereunder is expressly subject to the terms of that certain Debt Subordination Agreement by and between BFI Business Finance and Holder dated as of March 19, 2010, as amended or modified from time to time.

• No portion of the Subordinated Debt is, or at any time shall be, (i) secured by any assets of any of the Loan Parties or any other Person or any equity issued by any of the Loan Parties or any other Person or (ii) guarantied by any Person (except to the extent expressly permitted by the applicable Subordinated Debt Subordination Agreement).

• Each of the undersigned hereby acknowledges receipt of a copy of the above and foregoing Debt Subordination Agreement, agrees to be bound by the terms and provisions thereof, to make no payment or distribution contrary to the terms thereof, and to do every other act and thing necessary or appropriate to be done or performed by it in order to carry out the terms of the agreement as set forth in said agreement.

• Each Lender hereby agrees, solely for the benefit of Agent, that it will be bound by and will take no actions contrary to the provisions of the Intercreditor Agreement, Third Lien Subordination Agreement or any Subordinated Debt Subordination Agreement.

More Definitions of Debt Subordination Agreement

Debt Subordination Agreement means that agreement referred to in Sections 3.04 and 5.1 in form and substance satisfactory to Lender.

Debt Subordination Agreement means the Debt Subordination Agreement, dated as of December 3, 2007 among WLR Recovery Fund III, L.P., WLR IV Parallel ESC, L.P., WLR Recovery Fund IV, L.P., the Company and the Purchasers signatory thereto, as such agreement may be amended, modified or supplemented from time to time in accordance with its terms.

Debt Subordination Agreement means the Debt Subordination Agreement dated as of September 1, 2009 executed by Creditor and Lessee.

Debt Subordination Agreement means that certain Debt Subordination Agreement of even date herewith executed by Brusxxxx "Xxucx" X. Lxxx. 17 "DEFAULT" shall mean any event which, with the giving of notice or passage of time, or both, would constitute an Event of Default.

Debt Subordination Agreement shall have the meaning set forth in Section 9.2(i).

Debt Subordination Agreement that certain Debt Subordination Agreement dated as of the date of the Third Amendment among SIMA, the Borrower and the Agent in the form attached as Exhibit A to the Third Amendment.

Debt Subordination Agreement means the debt subordination agreement in substantially the form of Exhibit J.