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.
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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.
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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.
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Examples of Debt Subordination Agreement in a sentence

  • Debt Subordination Agreement, dated January 2, 2008, between the Company and Cardinal Bank.

  • Except as expressly permitted in the Alimco Subordinated Debt Subordination Agreement, no portion of the Alimco 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, Parent, or any other Person or (ii) Guaranteed by any Person.

  • Each Borrower, each other Loan Party Obligor, and Parent acknowledges that Agent is entering into this Agreement and extending credit and making the Loans in reliance upon the Intercompany Subordinated Debt Subordination Agreement, the Alimco Subordinated Debt Subordination Agreement and this Section 7.23.

  • The provisions of the Intercompany Subordinated Debt Subordination Agreement are enforceable against each holder of the Intercompany Subordinated Debt.

  • Inventory Turnover: Inventory/COGS X Days in Period Related Concept: Cash Conversion Cycle Cash Conversion Cycle=Inventory conversion cycle + A/R collection period – A/P deferral period c) LEVERAGE Debt Ratio= Debt/Net Worth (Equity) Related Concept: Subordination of Debt (Subordination Agreement) d) OPERATING PERFORMANCE Net sales$5,000,000(100%)COGS4,400,000( 88%)Gross Profit$600,000( 12%)G & A Expense350,000( 7%)Net Profit$250,000( 5%) Related Concepts: 1.


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.
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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.
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Debt Subordination Agreement means that certain Debt Subordination Agreement dated as of March 20, 1998 by among BOCP, the Company and Fleet Capital Corporation.
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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.
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Debt Subordination Agreement means the Debt Subordination Agreement dated as of September 1, 2009 executed by Creditor and Lessee.
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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.
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Debt Subordination Agreement shall have the meaning set forth in Section 9.2(i).
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