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Senior definition

Senior means a person seventy years old or older.
Senior means a loan primarily secured by a first priority lien on commercial real property and related personal property and also includes, when applicable, any companion subordinate loans.
Senior as used herein shall be deemed to mean that, in the event of any default in the payment of the obligations represented by the Notes (after giving effect to "cure" provisions, if any) or of any liquidation, insolvency, bankruptcy, reorganization, or similar proceedings relating to the Company, all sums payable on Notes shall first be paid in full, with interest, if any, before any payment is made upon any other indebtedness for borrowed money, other than purchase money equipment financing, now outstanding or hereinafter incurred, and, in any such event, any payment or distribution of any character which shall be made in respect of any other indebtedness of the Company shall be paid over to the Lender of this Note for application to the payment hereof, unless and until the obligations under this Note (which shall mean the principal and other obligations arising out of, premium, if any, interest on, and any costs and expenses payable under, this Note) shall have been paid and satisfied in full.

Examples of Senior in a sentence

  • For purposes of this Agreement: (i) “VWAP” shall mean, as to the Common Shares, for or as of any date, the dollar volume-weighted average price for such security on the Senior Exchange during the period beginning at 9:30 a.m., New York time, and ending at 4:02 p.m., New York time, as reported by Bloomberg through its “HP” function (set to weighted average).

  • In December 2024, and in conjunction with the Existing Credit Agreement, the Company made a $3.7 million payment on the Senior Convertible Note, resulting in a principal balance of $11.3 million as of December 31, 2024.

  • Senior qualified applicants shall be reassigned without loss of seniority, but not to exceed the number of excess employees in the losing installation.

  • Department of Health and Human Services DATE Senior Counsel DATE APPENDIX A INDEPENDENT REVIEW ORGANIZATION‌ This Appendix contains the requirements relating to the Independent Review Organization (IRO) required by Section III.E of the CIA.

  • Xxxxxxx, Xx. Title: Senior Vice President Conformed through EighthNinth Amendment, dated July 25March 20, 20242025 THIS AGREEMENT PROVIDES FOR AN UNCOMMITTED FACILITY.


More Definitions of Senior

Senior means a person age 60 or older;
Senior or “elderly” shall mean persons sixty (60) years of age or older. A “Senior Representative” shall be someone, who may also be a senior, representing the needs of elderly transportation system users, and who is familiar through association with groups or individuals, or facilities serving seniors, with the special transportation needs of elderly users.
Senior means an individual who is 55 years of age or older.
Senior means a person 65 years of age or older; and
Senior means an applicant who is sixty-six years of age or older at the time of application for a permit.
Senior means any person of the age of 21 years or over who is covered by this Award.
Senior means any person who is fifty-five years of age or over.