Master Subordination Agreement definition

Master Subordination Agreement means the Master Subordination Agreement, substantially in the form of Exhibit J hereto, as amended, supplemented, amended and restated or otherwise modified.
Master Subordination Agreement shall have the meaning given such term in the recitals of this Agreement.
Master Subordination Agreement means the master subordination agreement to be entered into by any among the Lender and each of the lenders of the Other Project Financing.

Examples of Master Subordination Agreement in a sentence

  • Any balance of the Net Proceeds remaining after such work has been completed shall be used first to repay the Other Project Financing that has priority over the TIF Loan pursuant to the Master Subordination Agreement, then to repay the TIF Loan, then to repay the Other Project Financing that is subordinate to the TIF Loan pursuant to the Master Subordination Agreement.

  • Borrower will not grant a security interest in, or create, permit to be created or allow to exist any liens, charges or encumbrances on the Project other than the Permitted Encumbrances and other loans as described and permitted in the Master Subordination Agreement.

  • Xxxxxx and Borrower will enter into a Master Subordination Agreement and Estoppel Certificate by and among the Lender, Borrower, Greater Minnesota Housing Fund, Hennepin County, and the City of Maple Grove (the “Subordination Agreement”).


More Definitions of Master Subordination Agreement

Master Subordination Agreement has the meaning specified in Section 6.14. Sotheby’s Amended and Restated Credit Agreement
Master Subordination Agreement means the Master Intercompany Subordinated Debt Agreement dated as of December 9, 2003, by and among the Company and certain of the Credit Parties, which agreement shall not be amended in a manner adverse to the LC Participants without the prior written consent of the Required LC Participants.
Master Subordination Agreement means that certain Master Subordination and Intercreditor Agreement dated of even date herewith among Obligors, Lender as Senior Lender, Seller and the Debenture Holder (as defined therein), as Subordinated Lender(s), as such may be modified, amended or supplemented from time to time.
Master Subordination Agreement has the meaning specified in Section 6.14.
Master Subordination Agreement means that certain Intercompany Subordination Agreement dated September 30, 1997 among the Borrower, the Agent Hartco, RHF, Worldwide Kitchens and the Restructuring Subsidiaries. "'Restructuring Subsidiaries' means, collectively, BHFG Corp., BHFL Corp., HFCG Corp., HFCL Corp., DTM Corp. and Hartco Hardwood Flooring L.P., all organized under the laws of the State of Delaware, and Bruce Hardwood Flooring L.P., organized under the laws of the Xxxxe of Texas." "'Restructuring Transactions' means the transactions described in Item 7.2.11 to the Disclosure Schedule." SUBPART II.1.2. The following defined terms in Section 1.1 ("Defined Terms") of the Existing Credit Agreement are hereby amended in their entirety to read as follows: "'Other Rental Obligations' means (without duplication) all monetary obligations of the Borrower or any of its Subsidiaries under any leasing or similar arrangement which, in accordance with GAAP, would not be classified as capitalized leases." "'Subsidiary' means, with respect to any Person, any Person of which more than 50% of the outstanding capital stock having ordinary voting power to elect a majority of the board of directors of such Person (irrespective of whether at the time capital stock of any other class or classes of such corporation shall or might have voting power upon the occurrence of any contingency), or if such Person is not a corporation, more than 50% of the outstanding shares, interests, participation or other equivalents (however designated) of such Person, is at the time directly or indirectly owned by such Person, by such Person and one or more other Subsidiaries of such Person, or by one or more other Subsidiaries of such Person." SUBPART II.1.3. Clause (b)(vi) of the definition of "Fixed Charge Coverage Ratio" in Section 1.1 ("Defined Terms") is hereby amended to read in its entirety as follows: "(vi) the aggregate amount of Investments made by the Borrower and its Subsidiaries during such period, but only to the extent that such amount, when aggregated with the amount of all other Investments made since the Eleventh Amendment Effective Date, exceeds $35,000,000." SUBPART II.2. Amendments to Article VI ("REPRESENTATIONS AND WARRANTIES"). Article VI of the Existing Credit Agreement is hereby amended in accordance with Subparts 2.2.1, Subpart 2.2.2 and Subpart 2.2.3. SUBPART II.2.1. Section 6.1 ("Organization, etc.") of the Existing Credit Agreement is hereby amended in its entirety to read as follows: "SECTION ...
Master Subordination Agreement is defined in Section 5.1.6.
Master Subordination Agreement means that certain Master Subordination and Intercreditor Agreement, dated as of the date hereof (as amended, restated, supplemented or otherwise modified from time to time), by and among Secured Party, as Debenture Holder, Pledgor, US Xxxxx, CapitalSource Finance LLC (“CapitalSource”) and IBF Fund Liquidating LLC, as Seller;