Payment Subordination Agreement definition

Payment Subordination Agreement has the meaning assigned to such term in the definition of “Permitted Junior Intercreditor Agreement”.
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Payment Subordination Agreement means the Payment Subordination Agreement to be executed by Guarantor in favor of Agent Bank on behalf of the Lenders on or before the Closing Date in the form of the Payment Subordination Agreement marked "Exhibit I", affixed hereto and by this reference incorporated herein and made a part hereof.
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Payment Subordination Agreement means the Payment Subordination Agreement to be executed by each Subordinated Debt Holder intending to loan or advance all or
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Examples of Payment Subordination Agreement in a sentence

  • Until Credit Facility Termination, Borrowers and Guarantor shall fully perform and comply with all covenants, terms and conditions imposed or assumed by Borrowers and Guarantor under the Payment Subordination Agreement executed in connection with the Subordinated Debt.

  • Based on available data the classification criteria are not met.Acute aquatic toxicityAcute toxicity - fish LC₅₀, 96 hours: 147.54 mg/l, Freshwater fish Estimated value.Acute toxicity - aquatic invertebratesAcute toxicity - aquatic plantsEC₅₀, 48 hours: 16.33 mg/l, Daphnia magna Estimated value.EC₅₀, 96 hours: 11.89 mg/l, Freshwater algae Estimated value.Propan-2-ol Toxicity Aquatic toxicity is unlikely to occur.

  • The Shareholder understands and agrees that the Contingent Payments she will receive, if earned, are Subordinated Obligations as that term is defined in the Contingent Payment Subordination Agreement in the form of Exhibit I attached hereto (the "Contingent Payment Subordination Agreement").

  • In addition to reductions in search costs and deadweight loss, which are described in greater detail in Section VII.C.1, there may be unquantified benefits from Section 464.3 of the proposed rule, which in part prohibits misrepresentation regarding the nature and purpose of any amount a consumer may pay that is excluded from the Total Price.

  • Xxxxxxx, xxe Purchaser and the Company shall have executed and delivered a Severance Payment Subordination Agreement in the form of Exhibit B attached to this amendment.

  • Xxxter OLYMPUS PRIVATE PLACEMENT FUND, L.P. By:___________________________ Title:________________________ The Borrower hereby accepts and acknowledges receipt of a copy of the foregoing Severance Payment Subordination Agreement and agrees that it will not pay any of the Indebtedness (as defined in the foregoing Agreement) owing by it to Thomxx X.

  • Except as specifically amended by the First -------------------- Amendment and hereby, the Contingent Payment Subordination Agreement shall remain in full force and effect in accordance with its terms.

  • LDI CORPORATION By: ------------------------------- Title: ----------------------------- EXHIBIT C --------- SEVERANCE PAYMENT SUBORDINATION AGREEMENT This Severance Payment Subordination Agreement (this "Agreement") is entered into between THOMXX X.

  • Compliance with Payment Subordination Agreement (Section 5.03): Report the amount of any payments made on the Subordinated Debt: Interest $______________ Principal $______________ C.

  • Xxxter, the Purchaser and the Company shall have executed and delivered a Severance Payment Subordination Agreement in the form of Exhibit C attached to this amendment.


More Definitions of Payment Subordination Agreement

Payment Subordination Agreement means the Payment Subordination Agreement to be executed by each Subordinated Debt Holder intending to loan or advance all or any portion of the Subordinated Debt to Borrower, which shall be executed in favor of Agent Bank on behalf of the Lenders prior to any such loan or advance of funds under the Subordinated Debt in the form of the Payment Subordination Agreement marked "Exhibit P", affixed to the Second Amendment and by this reference incorporated herein and made a part hereof.
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Payment Subordination Agreement means the Payment Subordination Agreement to be executed by each
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Related to Payment Subordination Agreement

  • Intercompany Subordination Agreement means an intercompany subordination agreement, dated as of even date with this Agreement, executed and delivered by each Loan Party and each of its Subsidiaries, and Agent, the form and substance of which is reasonably satisfactory to Agent.

  • Affiliate Subordination Agreement means an Affiliate Subordination Agreement in the form of Exhibit F pursuant to which intercompany obligations and advances owed by any Loan Party are subordinated to the Obligations.

  • Management Fee Subordination Agreement means that certain Amended and Restated Management Fee Subordination Agreement, dated as of the Closing Date, by and between the Sponsor and Agent and acknowledged by the Borrower.

  • Subordination Agreements means all subordination agreements executed by a holder of Subordinated Debt in favor of the Administrative Agent and the Lenders from time to time after the Closing Date.

  • Subordination Agreement means any subordination or intercreditor agreement(s) entered into with respect to any subordinate financing related to the Project, as the same may be amended, supplemented or restated.

  • Payment Agreement means a written agreement which provides

  • Designation Agreement means, with respect to any Designated Subsidiary, an agreement in the form of Exhibit E hereto signed by such Designated Subsidiary and the Company.

  • Repayment Agreement means the completed Program Application, including these Terms and Conditions signed by the Producer and an authorized representative of the Administrator.

  • Termination Agreement has the meaning set forth in the Recitals.

  • Notice of Replacement Subordination Agent has the meaning specified in Section 3.08.

  • Reaffirmation Agreement means the Reaffirmation Agreement dated as of the Closing Date by the Borrower and the Guarantors to the Administrative Agent for the benefit of the Secured Parties.

  • Subordination Provisions has the meaning specified in Section 8.01(l).

  • Redemption Agreement has the meaning set forth in the Recitals.

  • Senior Subordinated Note Indenture the Indenture entered into by the Borrower and certain of its Subsidiaries in connection with the issuance of the Senior Subordinated Notes, together with all instruments and other agreements entered into by the Borrower or such Subsidiaries in connection therewith, as the same may be amended, supplemented or otherwise modified from time to time in accordance with Section 7.9.

  • Senior Subordinated Note Documents means the Senior Subordinated Notes Indenture and all other instruments, agreements and other documents evidencing the Senior Subordinated Notes or providing for any guarantee or other right in respect thereof.

  • Change of Control Agreement means the Change of Control letter agreement between the Company and the Executive of even date herewith.

  • Diversion agreement means a mechanism designed to hold a child accountable for his or her behavior and, if appropriate, securing services to serve the best interest of the child and to provide redress for that behavior without court action and without the creation of a formal court record;

  • Netting agreement means a netting agreement, master netting agreement or other similar document having the same effect as a netting agreement or master netting agreement and, as applicable, any collateral annex, security agreement or other similar document related to any master netting agreement or Permitted Contract.

  • Non-Competition Agreement has the meaning set forth in Section 2.1 of this Agreement.

  • Noncompetition Agreement has the meaning given in Section 3.2.

  • Collateral Assignment Agreement has the meaning set forth in Section 9.05.

  • Existing Subordinated Notes means any instrument or loan issued or incurred before 1 January 2013, whether publicly or privately placed, ranking or expressed to be ranking pari passu with all other subordinated obligations (except for those subordinated obligations expressed by their terms to rank junior), provided that should any such Existing Subordinated Notes be amended in any way (contractually or by statute) which would result in allowing the Issuer to issue subordinated notes ranking senior thereto, then such Subordinated Notes would be deemed to no longer constitute an Existing Subordinated Note. As a result, in the event of liquidation or bankruptcy of the Issuer or in the event of a Moratorium (as defined in Condition 3 of the Conditions of the Notes) with respect to the Issuer, the claims of the holders of the Subordinated Notes ("Subordinated Noteholders") against the Issuer will be:

  • Accession Agreement means an Accession Agreement substantially in the form of Annex I to the Guaranty.

  • Bailee Agreement means a Bailee Agreement among Seller, Buyer and Bailee in the form of Exhibit IV hereto.

  • Disbursement Agreement means, on any date, the Disbursement Agreement, as originally in effect on the Closing Date, among the Borrower, Holdings, the Administrative Agent, the Discount Note Indenture Trustee, the Disbursement Agent, the Servicing Agent and the Securities Intermediary and as thereafter from time to time amended, supplemented, amended and restated or otherwise modified.

  • Assignment of Management Agreement means the Assignment of Management Agreement and Subordination of Management Fees, dated the same date as this Loan Agreement, among Borrower, Lender and Property Manager, including all schedules, riders, allonges and addenda, as such Assignment of Management Agreement may be amended from time to time, and any future Assignment of Management Agreement and Subordination of Management Fees executed in accordance with Section 6.09(d).