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 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;

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.

• 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.

• Capitalized terms used and not otherwise defined herein shall have the meanings assigned to such terms by the Senior 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 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 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 dated 13 February 2019 and made between (i) the Owner as borrower, (ii) the entities listed in Part B and C thereto as lenders, and (iii) Amsterdam Trade Bank N.V. as agent in respect of a loan of up to $20,890,000 to refinance existing indebtedness over the Ship and for general working capital purposes of the Borrower and its subsidiaries;

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

Senior Agreement means that certain Credit Agreement dated November 9, 2001 by and between Xxxxxxxx Petroleum Company, L.L.C., the Lenders now or hereafter party thereto (the "Senior Lenders") and BNP Paribas, as agent for such Senior Lenders (the "Senior Agent"), as the same may be modified, amended or restated from time to time.

Senior Agreement means (a) the Second Amended and Restated Credit Agreement dated as of December 31, 1996 between the Company and the Lender, as the same shall be in effect and as the same may from time to time be amended, renewed, supplemented or otherwise modified, and any other agreements pursuant to which any of the indebtedness, commitments, obligations, costs, expenses, fees, reimbursements or other indemnities payable or owing thereunder may be refinanced, restructured, renewed or refunded, as any such other agreements may from time to time be amended, supplemented, renewed or otherwise modified; and (b) after the Lender has acknowledged in writing that the Senior Agreement has been terminated and all outstanding indebtedness for borrowed money thereunder or with respect thereto has been repaid in full in cash and discharged, any successor to or replacement of (as designated by the Board of Directors of the Company, in its sole judgment, and evidenced by a Board Resolution) the Senior Agreement, as such successor or replacement may from time to time be amended, renewed, supplemented or otherwise modified.