Senior Agreement definition

Senior Agreement means any ABL Credit Agreement and any Term Credit Agreement, individually.

Senior Agreement has the meaning set forth in Section 3.02(a).

Senior Agreement means the agreement to be made between (i) the Owner as borrower, (ii) the Borrower as corporate guarantor, (iii) certain financial institutions listed in Part B of Schedule 1 (The Parties) thereto, (iv) Amsterdam Trade Bank N.V. as arranger, (v) Amsterdam Trade Bank N.V. as facility agent and (vi) Amsterdam Trade Bank N.V. as security agent in respect of a loan of up to $20,890,000;

Examples of Senior Agreement in a sentence

• This Note is subordinated in right of payment to all indebtedness of the Company arising under the Senior Agreement.

• No consent, waiver, termination, amendment or other modification of or with respect to the Senior Agreement shall affect the rights of the Lender under this Agreement.

• Capitalized terms used and not otherwise defined herein shall have the meanings assigned to such terms by the Senior Agreement.

• For example, the Indenture states in section 2105 that the bonds are subordinate to all senior financing instruments, and 5The indebtedness evidenced by the Bonds is and shall be subordinate in right of payment to the prior payment in full of all the indebtedness under the Senior Bonds, the Senior Agreement and the other Senior Loan Documents, to the extent and in the manner provided in the Subordination Agreement.

• Students on any form of monitoring system (Level 2-4) will have their Senior Agreement revoked for the time they are on the monitoring system.

More Definitions of Senior Agreement

Senior Agreement means the agreement dated 28 November 2016 and made between (i) the Owners as joint and several borrowers, (ii) the entities listed in Schedule 1 thereto as lenders, (iii) Northern Shipping Fund III LP as agent and (iv) the Senior Mortgagee as security trustee in respect of a loan of up to $32,000,000 to finance part of the Contract Price of the Ships;

Senior Agreement means the Loan Agreement dated as of May 17, 2001, as amended, between Borrower and Lancer Offshore, Inc. dated as of May 17, 2001, as such agreement may be modified, amended, supplemented, restated, replaced, exchanged or refinanced from time to time in accordance with the terms thereof; in connection with any such replacement or refinancing, "Senior Agreement" shall mean the agreement(s)

Senior Agreement means that certain Amended and Restated Loan Agreement dated as of [], 2014, by and among the Borrowers and Senior Lender, as the same may from time to time be amended, restated, modified or otherwise supplemented from time to time, and including the senior secured promissory notes issued pursuant thereto, as the same may from time to time be amended, restated, modified or otherwise supplemented from time to time.

Senior Agreement means the agreement(s)

Senior Agreement as that term is defined in the Subordination Agreement.

Senior Agreement means the Note and Warrant Purchase Agreement dated as of May 14, 1999, between Borrower and Lenders as such agreement may be modified, amended, supplemented, restated, replaced, exchanged or refinanced from time to time in accordance with the terms thereof; in connection with any such replacement or refinancing, "Senior Agreement" shall mean the agreement(s) evidencing the obligations to the successor or replacement senior lender(s) thereunder and "Lenders" shall mean such successor or replacement senior lender(s). The Senior Agreement shall be deemed to be in effect hereunder for so long as Borrower has any obligation to Lenders thereunder or Lenders have any unexpired commitment to Borrower thereunder.

Senior Agreement means the agreement(s) evidencing the obligations to the successor or replacement senior lender(s) thereunder and "Lenders" shall mean such successor or replacement senior lender(s). The Senior Agreement shall be deemed to be in effect hereunder for so long as Borrower has any obligation to Lenders thereunder or Lenders have any unexpired commitment to Borrower thereunder.