Parity Debt Agreements definition

Parity Debt Agreements has the meaning set forth in the first paragraph of this Agreement.
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Parity Debt Agreements shall have the meaning assigned to such term in the Intercreditor Agreement.
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Parity Debt Agreements means any credit agreement, insurance agreement, direct purchase agreement, supplemental indenture, Interest Rate Agreement, Supplemental Obligation Document or other agreement, instrument or facility (or any amendment, supplemental or modification thereto) between a Primary Beneficiary and any Member of the Obligated Group relating to Parity Indebtedness that is secured by an Obligation (as defined in the Capital Obligation Document).
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Examples of Parity Debt Agreements in a sentence

  • As of the Closing Date, no instrument or agreement to which the Borrower or any of the Subsidiaries is a party or by which the Borrower or any of the Subsidiaries is bound or which is applicable to the Borrower or any of the Subsidiaries (other than this Agreement, the Note Agreement, the Existing Credit Agreement, the other Parity Debt Agreements and Fleet Parity Note) contains any restrictions on the incurrence by the Borrower or any of the Subsidiaries of additional Indebtedness.

  • Except as herein provided, the Security Agreement, the Parity Debt Agreements and all other Security Documents shall remain unchanged and shall continue to be in full force and effect and are hereby ratified and confirmed in all respects.

  • As of the Closing Date, no instrument or agreement to which the Borrower or any of the Subsidiaries is a party or by which the Borrower or any of the Subsidiaries is bound or which is applicable to the Borrower or any of the Subsidiaries (other than this Agreement, the Note Agreements, other Parity Debt Agreements and the Parent Indenture) contains any restrictions on the incurrence by the Borrower or any of the Restricted Subsidiaries of additional Indebtedness.

  • This Agreement is made with full recourse to the Company and pursuant to and upon all the warranties, representations, covenants, and agreements on the part of the Company contained herein, in the other Security Documents, in the Note Purchase Agreement, in the Notes, in the Credit Agreement, in the Bank Notes, in the Additional Parity Debt Agreements, in the Additional Parity Debt and otherwise in writing in connection herewith or therewith.

  • Company Loan Documents - means, as applicable, the Note Agreement, the Notes, the Loan Documents and any Parity Debt Agreements.

  • No modification or amendments of this Agreement or any of its terms, nor any waiver of any term of this Agreement shall be valid unless it is in writing and signed by the appropriate party.


More Definitions of Parity Debt Agreements

Parity Debt Agreements has the meaning specified in the Intercreditor Agreement, as amended from time to time. Star Gas Partners, L.P. Note Purchase Agreement Petro Holdings, Inc. Petroleum Heat and Power Co., Inc.
Sample 1
Parity Debt Agreements shall have the meaning set forth in the Trust Agreement.
Sample 1

Related to Parity Debt Agreements

  • Secured Debt Agreements means and include this Agreement, the other Credit Documents and the Interest Rate Protection Agreements and Other Hedging Agreements.

  • Debt Agreements shall have the meaning provided in Section 5.05.

  • Parity Debt means Recovery Obligations and Bonds or Notes payable from the Recovery and Parity Debt Account on a parity with the Recovery Bonds or Recovery Notes, respectively.

  • Debt Agreement means the debt agreement dated as of the Closing Date by and among Xxxxxxx Mac and the Holders of Notes, a copy of which is attached as Exhibit A hereto.

  • Subordinated Debt Documents means any documents evidencing and/or securing Debt governed by a Subordination Agreement, all of which documents must be in form and substance acceptable to Agent in its sole discretion. As of the Closing Date, there are no Subordinated Debt Documents.

  • Second Priority Debt Documents means the Initial Second Priority Debt Documents and, with respect to any series, issue or class of Second Priority Debt, the promissory notes, indentures, Collateral Documents or other operative agreements evidencing or governing such Indebtedness, including the Second Priority Collateral Documents.

  • Priority Debt means the sum, without duplication, of (i) Indebtedness of the Borrower or any Guarantor secured by a Lien (other than the Liens entered into under the Loan Documents, including the Security Documents) and (ii) all Indebtedness of any Subsidiary that is not a Guarantor.

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

  • Secured Debt Documents means the Parity Lien Documents and the Priority Lien Documents.

  • Parity Lien Documents means, collectively, the Note Documents and any additional indenture, supplemental indenture, credit agreement or other agreement governing each other Series of Parity Lien Debt and the Security Documents (other than any Security Documents that do not secure Parity Lien Obligations).

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

  • Parity Obligations means (i) all obligations of the Issuer in respect of Tier 1 Instruments (excluding any such obligations that rank, or are expressed to rank, junior to claims in respect of the Notes), and (ii) any other securities or obligations (including, without limitation, any guarantee, credit support agreement or similar undertaking) of the Issuer that rank, or are expressed to rank, pari passu with claims in respect of the Notes and/or any Parity Obligation.

  • Parity Lien Obligations means Parity Lien Debt and all other Obligations in respect thereof.

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

  • Senior Security Documents means with respect to any Senior Secured Party, the Security Documents that secure the Senior Obligations.

  • Senior Secured Credit Agreement means that certain Credit Agreement, dated as of September 27, 2018, among the Borrowers, the lenders from time to time party thereto, JPMCB as administrative agent, JPMCB as collateral agent, and the other parties thereto, as amended, restated, amended, restated, extended, supplemented, refinanced or otherwise modified from time to time.

  • Second Lien Indebtedness means the Indebtedness of the Loan Parties owing to the Second Lien Agent and the Second Lien Lenders under the Second Lien Credit Agreement, which Indebtedness is on terms and conditions reasonably acceptable to the Collateral Agent.

  • Subordinate Obligations means, collectively, the Subordinate Notes and any Other Subordinate Obligations.

  • Junior Lien Indebtedness means any Indebtedness of any Credit Party that is secured by Liens on Collateral that rank junior in priority to the Liens that secure the Obligations.

  • Subordinated Indebtedness Documents means any document, agreement or instrument evidencing any Subordinated Indebtedness or entered into in connection with any Subordinated Indebtedness.

  • First Lien Indebtedness means Consolidated Total Indebtedness that is secured by a Lien on the Collateral, except by a Lien that is junior to the Liens on the Collateral securing the First Lien Obligations.

  • ABL Security Documents means any agreement, document or instrument pursuant to which a Lien is granted securing any ABL Obligations or under which rights or remedies with respect to such Liens are governed.

  • Debt Documents means, collectively, the Credit Agreement, the Designated Indebtedness Documents, any Hedging Agreement evidencing or relating to any Hedging Agreement Obligations and the Security Documents.

  • Second Priority Debt Obligations means the Initial Second Priority Debt Obligations and, with respect to any series, issue or class of Second Priority 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 Second Priority Debt, (b) all other amounts payable to the related Second Priority Debt Parties under the related Second Priority Debt Documents and (c) any renewals or extensions of the foregoing.

  • Pari Passu Lien Obligations means any Financial Indebtedness that has equal or substantially equal Security Interest priority to the Facilities on the Security (taking into account any intercreditor arrangements).

  • Second Lien Obligations means the “Obligations” as defined in the Second Lien Credit Agreement.