Postponement and Subordination Agreement definition

Postponement and Subordination Agreement means the amended and restated postponement and subordination agreement dated as of June 8, 2011 (as amended, amended and restated, supplemented, refinanced, replaced or otherwise modified and in effect from time to time), with, inter alia, the Borrower, the Lender, and each Senior Agent.
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Postponement and Subordination Agreement means each postponement and subordination agreement to be entered into from time to time by the Ultimate Parent or any Subsidiary thereof (other than an Obligor) which is a creditor of an Obligor, in form and substance satisfactory to the Administrative Agent.
Sample 1
Postponement and Subordination Agreement means any agreement that may be entered into from time to time to provide for the subordination of any other Debt in relation to the Obligations or the Other Secured Obligations.
Sample 1

Examples of Postponement and Subordination Agreement in a sentence

  • Annex 8 – Form of Postponement and Subordination Agreement: this annex contains substantially the form of postponement and subordination agreement.

  • The Borrower shall cause any Subsidiary of the Borrower which is not an Obligor, prior to the incurrence of any such Indebtedness, to execute and deliver to the Administrative Agent a Postponement and Subordination Agreement or an instrument of adhesion thereto.

  • The Secured Party subordinated its security interest to Bank of America, NA pursuant to Postponement and Subordination Agreement dated 10-29-04.

  • The Borrower shall cause all Indebtedness owing by any Obligor to any Subsidiary of the Borrower which is not an Obligor to be subordinated and postponed, pursuant to a Postponement and Subordination Agreement, to the Secured Obligations of such Obligor for so long as an Event of Default has occurred and is continuing.

  • The Primary Obligors shall cause all Indebtedness owing by any Obligor to the Ultimate Parent or any direct or indirect Subsidiary thereof (other than another Obligor) to be subordinated and postponed, pursuant to the Postponement and Subordination Agreement, to the Obligations of such Obligor for so long as a Default has occurred and is continuing.

  • The Borrower’s counsel, at the Borrower’s cost, will be responsible for preparing and registering the Postponement and Subordination Agreement.

  • The ICP Postponement and Subordination Agreement, duly executed by ICP.

  • Montrovest Subordination Agreement - collectively, (i) Section 5.6 of the Montrovest Debt Documents referred to in clauses (i) and (ii) of the definition of “Montrovest Debt Documents”, and (ii) the Amended and Restated Postponement and Subordination Agreement, dated as of the Effective Date, among the Canadian Borrower, Montrovest B.V., the Administrative Agent, and the Revolving Canadian Agent, in each case as hereafter amended, restated, supplemented or otherwise modified with the consent of the Agents.

  • A fee of 7% of the outstanding principal amount of the Borrower Obligations (as hereinafter defined) converted into a convertible debenture or Class A shares shall be paid to the Lender upon such conversion subject to the Management Subordination Agreement and the Postponement and Subordination Agreement.

  • The Primary Obligors shall cause any such direct or indirect Subsidiary of the Ultimate Parent (other than another Obligor), prior to the incurrence of any such Indebtedness, to execute and deliver to the Administrative Agent the Postponement and Subordination Agreement or an instrument of adhesion thereto.


More Definitions of Postponement and Subordination Agreement

Postponement and Subordination Agreement means a postponement and subordination agreement among the Lender, an Obligor and another Person which agreement shall provide for (i) the postponement and subordination in favour of the Lender of all amounts owing to such Person by an Obligor on terms reasonably satisfactory to the Lender and (ii) the subordination in favour of the Security of any Encumbrance granted to such Person.
Sample 1
Postponement and Subordination Agreement means the amended and restated postponement and subordination agreement dated as of June 8, 2011 (as amended, amended and restated, supplemented, refinanced, replaced or otherwise modified and in effect from time to time), with, inter alia, the Corporation, the Holder, and each Senior Agent.
Sample 1

Related to Postponement and Subordination Agreement

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

  • 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.

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

  • 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.

  • 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.

  • Forbearance Agreement means the forbearance agreement entered into by Granite Co. prior to the implementation of the 2011 Arrangement.

  • Restatement Agreement has the meaning set forth in the introductory statement of this Agreement.

  • Guaranty Agreement means a supplemental indenture, in a form satisfactory to the Trustee, pursuant to which a Subsidiary Guarantor guarantees the Company’s obligations with respect to the Securities on the terms provided for in this Indenture.

  • Amendment and Restatement Agreement means the Amendment and Restatement Agreement, dated as of January 29, 2016, among the Borrowers, the Lenders party thereto and the Administrative Agent.

  • TBT Agreement means the Agreement on Technical Barriers to Trade, which is part of the WTO Agreement;

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

  • Modification Agreement means any agreement between the Issuer (or the Servicer acting on its behalf) and a Supplier for the purchase and/or installation of a Required Modification or an Optional Modification.

  • Arrangement Agreement has the meaning ascribed thereto in the recitals hereof;

  • Senior Loan Agreement means that certain Term Loan Agreement, dated as of June 26, 2015, by and among Borrower and Senior Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Main Agreement means the part of this Agreement that commences on the first page and ends with but includes Schedule A, excluding Section 3(d) (which incorporates this Schedule C into the Agreement).

  • Farm-In Agreement means an agreement whereby a Person agrees to pay all or a share of the drilling, completion or other expenses of one or more exploratory or development xxxxx (which agreement may be subject to a maximum payment obligation, after which expenses are shared in accordance with the working or participation interests therein or in accordance with the agreement of the parties) or perform the drilling, completion or other operation on such well or xxxxx as all or a part of the consideration provided in exchange for an ownership interest in an Oil and Gas Property.

  • Extension Agreement shall have the meaning provided in Section 2.15(c).

  • 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).

  • Subordinated Loan Agreement means a binding agreement with a Subordinated Debt Provider providing unsecured debt financing for the benefit of the Energy Complex and on terms and conditions that shall satisfy the requirements of the Financing Documents.

  • Construction Loan Agreement means the Loan Agreement to be entered into by and between the Construction Lender and the Partnership, as amended.

  • Reservation agreement means a written contract entered into between MBOH and the taxpayer to provide for a Reservation and setting forth the terms and conditions under which the taxpayer may obtain a Carryover Commitment or Final Allocation.

  • Farm-Out Agreement means a Farm-In Agreement, viewed from the standpoint of the party that transfers an ownership interest to another.

  • Amended Facility Agreement means the Facility Agreement as amended and supplemented by this Agreement.

  • Alternative Acquisition Agreement shall have the meaning set forth in Section 6.5(c).

  • Guaranty Agreements means, collectively, the Parent Guaranty Agreements and the Subsidiary Guaranty Agreements.