Junior Reference Tranche definition

Junior Reference Tranche means the Class 1B-H Reference Tranche or the Class 2B-H Reference Tranche, as the context may require.
Junior Reference Tranche means each of the Class B-1, Class B-1H and Class B-2H Reference Tranches.
Junior Reference Tranche. The Class B-

Examples of Junior Reference Tranche in a sentence

  • The Class 1B-1, Class 1B-1H and Class 1B-2H ReferenceTranches (each, a "Junior Reference Tranche" and together referred to as the "Junior Reference Tranches").

  • But an incomplete mediation problem occurs when access is not checked universally.

  • The Class 1B and Class 1B-H Reference Tranches (each,a "Junior Reference Tranche" and together referred to as the "Junior Reference Tranches").

  • If the Court receives a document emailed to the Case Manager after 5:00 p.m., the Judge will not see the document until the next morning.

  • The Class MB-H and Class B-3H Reference Tranches are assigned a Class Coupon solely for purposes of calculations in connection with the allocation of Modification Loss Amounts to the Mezzanine Reference Tranche and Junior Reference Tranche, and any such amounts allocated in the first or second or seventh or eighth priority above will not result in a corresponding reduction of the Interest Payment Amount or Class Principal Balance of any Class of Notes.


More Definitions of Junior Reference Tranche

Junior Reference Tranche means each of the Class 1B, Class 1B-H, Class 2B and Class 2B-H Reference Tranches.

Related to Junior Reference Tranche

  • Term SOFR Reference Rate means the forward-looking term rate based on SOFR.

  • Senior Reduction Amount With respect to any Payment Date is either:

  • Permitted Junior Priority Refinancing Debt means secured Indebtedness Incurred by any Credit Party in the form of one or more series of junior lien secured notes, bonds or debentures or junior lien secured loans; provided that (a) such Indebtedness is secured by Liens on all or a portion of the Collateral on a junior priority basis to the Liens on the Collateral securing the Obligations and any other First Lien Obligations and is not secured by any property or assets of Holdings, the Borrower or any Restricted Subsidiary other than the Collateral, (b) such Indebtedness satisfies the applicable requirements set forth in the provisos in the definition of “Credit Agreement Refinancing Indebtedness” (provided that such Indebtedness may be secured by a Lien on the Collateral that ranks junior in priority to the Liens on the Collateral securing the Obligations and any other First Lien Obligations, notwithstanding any provision to the contrary contained in the definition of “Credit Agreement Refinancing Indebtedness”), (c) the holders of such Indebtedness (or their representative) and the Collateral Agent shall become parties to a Customary Intercreditor Agreement described in clause (b) of the definition thereof providing that the Liens on the Collateral securing such obligations shall rank junior in priority to the Liens on the Collateral securing the Obligations, and (d) such Indebtedness is not at any time guaranteed by any Person other than Persons that are Guarantors.

  • Senior Secured Leverage Ratio means, as of the date of determination thereof, the ratio of (a) Consolidated Senior Secured Debt as of such date to (b) Consolidated EBITDA for the period of four (4) fiscal quarters then most recently ended.

  • Revolving Facility Maturity Date means, as the context may require, (a) with respect to the Revolving Facility in effect on the Closing Date, the fifth anniversary of the Closing Date and (b) with respect to any other Classes of Revolving Facility Commitments, the maturity dates specified therefor in the applicable Extension Amendment or Refinancing Amendment.