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

Examples of Senior Holders in a sentence

• 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.

• 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.

• Under the Health Insurance Act and Regulations thereto, the Hospital is funded primarily by the Province of Ontario in accordance with budget arrangements established by the Ministry of Health and Long Term Care (“MOHLTC”), and the Local Health Integration Network (“LHIN”).

• Upon any such resignation of the Senior Agent, the Majority Senior Holders shall have the right to appoint a successor Senior Agent which shall be, so long as no Event of Default has occurred and is continuing, reasonably acceptable to the Lessee, and upon any such resignation of the Junior Agent, the Majority Junior Holders shall have the right to appoint a successor Junior Agent which shall be, so long as no Event of Default has occurred and is continuing, reasonably acceptable to the Lessee.

• However, in the event that Grace Building Majority Senior Holders cannot agree on a course of action within 30 days after receipt of a request for consent to any action, the Servicer or Special Servicer, as applicable, shall implement the action or inaction that it deems in accordance with the Servicing Standards and in accordance with the Grace Building Co-Lender Agreement.

More Definitions of Senior Holders

Senior Holders means the holders of the Prior Senior Notes.

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

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 means stockholders of the Company who have, as of the date hereof, contractual registration rights, which contractual rights limit or prohibit the grant by the Company of registration rights that are pari passu with or senior to such Senior Holders' registration rights.