Priority Class. With respect to any specified Class of Notes, each Class of Notes that ranks senior to such Class, as indicated in Section 2.3.
Priority Class. With respect to any specified Class of Securities, each Class of Securities that ranks senior to such Class, as indicated in Section 2.3.
Priority Class. With respect to any specified Class of Debt, each Class of Debt that ranks senior to such Class, as indicated in Section 2.3.
Examples of Priority Class in a sentence
Payment of interest on each Class of Secured Debt (and payments of available Interest Proceeds to the Holders of the Subordinated Notes) will be subordinated to the payment of interest on each related Priority Class as provided in Section 11.1 (Disbursements of Monies from Payment Account) and Section 13.1 (Subordination).
More Definitions of Priority Class
Priority Class. With respect to (i) any specified Class of Secured Debt, each Class of Secured Debt that ranks senior to such Class, as indicated in Section 2.3, and (ii) the Subordinated Securities, each Class of Secured Debt.
Priority Class means, with respect to any specified Class of Notes, each Class of Notes that ranks senior to such Class, as indicated in Section 2.3 hereof.
Priority Class. With respect to any specified Class of Debt, each Class of Debt that ranks senior to such Class, as indicated in Section 2.3. “Priority of Partial Refinancing Proceeds”: The meaning specified in Section 11.1(a)(iv). “Priority of Payments”: The meaning specified in Section 11.1(a). “Proceeding”: Any suit in equity, action at law or other judicial or administrative proceeding. “Proceeds”: The aggregate of Interest Proceeds and Principal Proceeds. “Proposed Portfolio”: The portfolio of Collateral Obligations and Eligible Investments resulting from the proposed purchase, sale, maturity or other disposition of a Collateral Obligation or a proposed reinvestment in an additional Collateral Obligation, as the case may be. “Purchase Agreement”: The purchase and placement agreement dated as of April 22, 2022 entered into among the Issuer, Xxxxx Fargo Securities, LLC, as initial purchaser, and NatWest Markets Plc, as co-placement agent, as amended from time to time in accordance with the terms thereof. “QIB”: A Qualified Institutional Buyer. “QIB/QP”: Any Person that, at the time of its acquisition, purported acquisition or proposed acquisition of Debt is both a Qualified Institutional Buyer and a Qualified Purchaser. “QP”: A Qualified Purchaser. “Qualified Broker/Dealer”: Any of Antares Capital; Ares Capital Corporation; Bank of America/Xxxxxxx Xxxxx; The Bank of Montreal; The Bank of New York Mellon; Barclays Bank plc; BNP Paribas; Broadpoint Securities; Calyon; Canadian Imperial Bank of Commerce; Capital One; Citibank, N.A.; Credit Agricole S.A.; Credit Suisse; Deutsche Bank AG; Dresdner Bank AG; Xxxxxxx Xxxxx & Co.; Xxxxx Capital; Guggenheim; HSBC Bank; Imperial Capital LLC; Xxxxxxxxx & Company, Inc.; JPMorgan Chase Bank, N.A.; KeyBank National Association; Lloyds TSB Bank; Madison Capital; Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated; Xxxxxx Xxxxxxx & Co.; Natixis; Northern Trust Company; NXT Capital, Inc.; Royal Bank of Canada; The Royal Bank of Scotland plc; Société Générale; SunTrust Banks, Inc.; The Toronto-Dominion Bank; UBS AG; U.S. Bank National Association; and Xxxxx Fargo Bank, National Association. “Qualified Institutional Buyer”: The meaning specified in Rule 144A under the Securities Act.
Priority Class means, with respect to any specified Class of Notes, each Class of
Priority Class. With respect to any specified Class of Notes, each Class of Notes that ranks senior in Order of Priority to such Class.
Priority Class. With respect to any specified Class of Notes, each Class of Notes that ranks senior to such Class, as indicated in Section 2.3. “Priority of Payments”: The meaning specified in Section 11.1(a). “Proceeding”: Any suit in equity, action at law or other judicial or administrative proceeding. “Purchase Agreement”: The Purchase Agreement dated as of May 27, 2021 among the Issuer, the Co-Issuer and the Initial Purchaser, as amended from time to time. “Purchased Defaulted Obligation”: The meaning specified in Section 12.5(a). “QEF”: The meaning specified in Section 7.17(b). “QIB/QP”: Any Person that, at the time of its acquisition, purported acquisition or proposed acquisition of Notes is both a Qualified Institutional Buyer and a Qualified Purchaser. “Qualified Broker/Dealer”: Any of Bank of America, NA, The Bank of Montreal, The Bank of New York Mellon, The Royal Bank of Scotland plc, Barclays Bank plc, BNP Paribas, Broadpoint Securities Inc., Calyon, Canadian Imperial Bank of Commerce, Cantor Xxxxxxxxxx, Citadel Securities, Citibank, N.A., Credit Agricole S.A., Credit Suisse, Deutsche Bank AG, FBR Capital Markets, Gleacher & Company Securities, Inc., Xxxxxxx, Sachs & Co., HSBC Bank,
Priority Class. With respect to any specified Class of Obligations, each Class of Obligations that ranks senior to such Class, as indicated in Section 2.3.