Junior Debt Obligations definition

Junior Debt Obligations means the Initial Junior Debt Obligations and, with respect to any other series, issue or class of Junior Debt, (a) all principal of, and interest (including, without limitation, any interest, fees or expenses which accrue after the commencement of any Insolvency or Liquidation Proceeding, whether or not allowed or allowable as a claim in any such proceeding) payable with respect to, such Junior Debt and (b) all other amounts payable to the related Junior Debt Parties under the related Junior Debt Documents.
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Junior Debt Obligations means Mezzanine Obligations and/or Second Lien Loans, as applicable and a “Junior Debt Obligation” means a Mezzanine Obligation or a Second Lien Loan.
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Junior Debt Obligations means all obligations, liabilities and indebtedness owing to the Junior Lenders under the Junior Debt Documents.
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Examples of Junior Debt Obligations in a sentence

  • Further, given the amount of Senior Debt Obligations and Junior Debt Obligations for which the Debtors are jointly and severally liable, the Debtors’ would have to realize well in excess of $30 million from the sale of their assets before general unsecured creditors would be entitled to anything.

  • All Liens on the Shared Collateral securing any Senior Obligations shall be and remain senior in all respects and prior to all Liens on the Shared Collateral securing any Junior Debt Obligations for all purposes, whether or not such Liens securing any Senior Obligations are subordinated to any Lien securing any other obligation of the Borrower, any Grantor or any other Person or otherwise subordinated, voided, avoided, invalidated or lapsed.

  • The Lien priorities provided for in Section 2.01 shall not be altered or otherwise affected by any amendment, supplement or other modification, or any Refinancing, of either the Senior Obligations or the Junior Debt Obligations, or any portion thereof.

  • TET Will Evaluate Past Performance- on how well it is directly related to the requirements of the PWS.

  • The Issuer will invest in a portfolio of Collateral Debt Obligations consisting at the time of acquisition of predominantly Senior Secured Loans and Junior Debt Obligations, as well as certain other investments including certain Synthetic Securities, all of which will have greater credit and liquidity risk than investment grade sovereign or corporate bonds or loans.

  • LCPI granted SMBC a security interest in, among other things, certain financial assets (the “Pledged Assets”).

  • They have found that they have had very little opportunity to influence these partnerships so far.


More Definitions of Junior Debt Obligations

Junior Debt Obligations has the meaning provided in Section 11.01.
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Junior Debt Obligations as used in this Indenture will have the meanings given to them in the Intercreditor Agreement.
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Junior Debt Obligations means the Second Priority Debt Obligations and any Additional Junior Debt Obligations.
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Junior Debt Obligations means the Second Lien Credit Agreement Obligations and any Additional Junior Debt Obligations.
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Junior Debt Obligations means the “[__]” as defined in the Junior Debt Security Agreement.
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Related to Junior Debt Obligations

  • Additional Senior Debt Obligations means, with respect to any series, issue or class of Additional Senior Debt, (a) all principal of, and interest (including, without limitation, any interest which accrues after the commencement of any Bankruptcy Case, whether or not allowed or allowable as a claim in any such proceeding) payable with respect to, such Additional Senior Debt, (b) all other amounts payable to the related Additional Senior Debt Parties under the related Additional Senior Debt Documents and (c) any renewals or extensions of the foregoing.

  • Junior Debt means any Indebtedness of the types described in clauses (i) and (ii) of the definition of “Indebtedness” (other than Indebtedness among the Borrower and/or its Restricted Subsidiaries) of the Borrower or any of its Restricted Subsidiaries that is contractually subordinated in right of payment to the Obligations, in each case, with an individual outstanding principal amount in excess of the Threshold Amount. For the avoidance of doubt, each Asset Financing Facility and CRE Financing shall not constitute Junior Debt.

  • Junior Debt Documents means any agreement, indenture and instrument pursuant to which any Junior Debt is issued, in each case as amended to the extent permitted under the Loan Documents.

  • Junior Obligations means the Junior Obligations of the Guarantor and the Junior Obligations of the Issuer;

  • Senior Obligations is defined in Section 5.1 of this Agreement.

  • Senior Debt Documents means (a) the Credit Agreement Loan Documents and (b) any Additional Senior Debt Documents.

  • Junior Indebtedness means any indebtedness of any Mortgagor that is secured by a lien that is junior in right of payment to the lien of the Mortgage securing the related Mortgage Note.

  • Senior Lien Obligations means all revenue bonds and other obligations of the RECIPIENT outstanding on the date of execution of this loan agreement (or subsequently issued on a parity therewith, including refunding obligations) or issued after the date of execution of this loan agreement having a claim or lien on the Gross Revenue of the Utility prior and superior to the claim or lien of the loan, subject only to Maintenance and Operation Expense.

  • Loan Obligations means (a) the due and punctual payment by the Borrower of (i) the unpaid principal of and interest (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) on the Loans made to the Borrower under this Agreement, when and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise, (ii) each payment required to be made by the Borrower under this Agreement in respect of any Letter of Credit, when and as due, including payments in respect of reimbursement of disbursements, interest thereon (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) and obligations to provide Cash Collateral and (iii) all other monetary obligations of the Borrower owed under or pursuant to this Agreement and each other Loan Document, including obligations to pay fees, expense reimbursement obligations and indemnification obligations, whether primary, secondary, direct, contingent, fixed or otherwise (including monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), and (b) the due and punctual payment of all obligations of each other Loan Party under or pursuant to each of the Loan Documents.

  • Note Obligations means the Notes, the Guarantees and all other obligations of any obligor under this Indenture, the Notes, the Guarantees and the Security Documents.