Senior Holders definition

Senior Holders means, (i) the Note Holders of Series A until the Secured Obligations in respect of Series A Equipment Notes have been paid in full, (ii) after the Secured Obligations in respect of Series A Equipment Notes have been paid in full, the Note Holders of Series B until the Secured Obligations in respect of Series B Equipment Notes have been paid in full, (iii) after the Secured Obligations in respect of Series B Equipment Notes have been paid in full, the Note Holders of Series C until the Secured Obligations in respect of Series C Equipment Notes have been paid in full and (iv) after the Secured Obligations in respect of Series C Equipment Notes have been paid in full, the Note Holders of Series D until the Secured Obligations in respect of Series D Equipment Notes have been paid in full.

Senior Holders means the holders of record of shares or series of capital stock ranking senior (with respect to liquidation) to the Series A Preferred Stock.

Senior Holders means the holders of the Prior Senior Notes.

Examples of Senior Holders in a sentence

• If, prior to the Full Recovery, any of the Supporting Shareholders receives any Liquidation Event Distribution such payments shall be held in trust for the benefit of the Senior Holders and such Supporting Shareholders shall promptly remit (or cause to be promptly remitted), or deliver (or cause to be delivered), such Liquidation Event Distribution to the appropriate Senior Holders thereof in each case in the applicable proportions due and owing to the applicable Senior Holders.

• The provisions of this Section 3.01 constitute a continuing agreement and shall (i) remain in full force and effect until this Agreement is terminated in accordance with Section 5.01, (ii) be binding upon each Supporting Shareholder and the other parties hereto and their respective successors, transferees and assignees, and (iii) inure to the benefit of, and be enforceable by, the Senior Holders.

• The Senior Holders respectfully disagree with other aspects of the Decision, and reserve all rights to pursue an appeal of the Decision.

• Had the Senior Holders known that Trustee’s counsel would ultimately purport to have knowledge it previously disclaimed, and endorse arguments made by the Junior Holders at the eleventh hour despite its claim of neutrality, the Senior Holders would have sought discovery from the Trustee concerning the intent and meaning of the Settlement Agreement.

• In the event an Executive Committee Member shall be absent from four (4) successive, properly noticed, Executive Committee meetings without good cause, the Chairperson shall order a notice to the Executive Committee Member, the Member Representative (if applicable) and the other Executive Committee Members, declaring the Executive Committee Member to be subject to removal from the Executive Committee upon a subsequent successive absence.

More Definitions of Senior Holders

Senior Holders shall have the meaning assigned to such term in the Intercreditor and Collateral Agency Agreement.

Senior Holders means the holders of the registration rights set forth in the Senior Registration Rights Agreement.

Senior Holders means any Person who is a party to that certain Registration Rights Agreement dated as of June 15, 1998, including any amendment thereto, who is a holder of shares of stock of the Company issued by the Company, and any other Person to whom the Company grants rights regarding the registration of Common Stock which are senior in any respect to the Registrable Securities.

Senior Holders means (i) the Note Holders of Series A until the Secured Obligations in respect of Series A Equipment Notes have been paid in full, (ii) after the Secured Obligations in respect of Series A Equipment Notes have been paid Trust Indenture 48 - 43 - in full, the Note Holders of Series B until the Secured Obligations in respect of Series B Equipment Notes have been paid in full and (iii) after the Secured Obligations in respect of Series B Equipment Notes have been paid in full, the Note Holders of Series C until the Secured Obligations in respect of Series C Equipment Notes have been paid in full.

Senior Holders shall have the meaning assigned to the term “Holders” under the Senior Lenders RRA.

Senior Holders means the parties to the Registration Rights Agreement dated as of July 8, 1998, as amended, and any other holder of securities who have piggyback registration rights that are pari passu with such parties. The Corporation represents that there are currently no Senior Holders other than the parties to such Registration Rights Agreement; however, the Holder acknowledges that certain lenders to whom warrants are expected to be issued on or about November 9, 2001 will then become Senior Holders.

Senior Holders has the meaning assigned to such term in the recitals.