Senior Loan Agreement definition

Senior Loan Agreement means that certain Term Loan Agreement, dated as of November 19, 2020, by and among Borrower, the subsidiary guarantors from time to time party thereto, and the Senior Creditors, as amended, restated, supplemented or otherwise modified from time to time.

Senior Loan Agreement has the meaning provided in the Recitals hereto.

Senior Loan Agreement means the Initial Senior Loan Agreement and any other loan agreement or similar document entered into by the Borrower in connection with the incurrence of Additional Senior Obligations incurred in addition to, in replacement of, in substitution for, or in connection with a refinancing of the indebtedness incurred pursuant to the Initial Senior Loan Agreement or any subsequent Senior Loan Agreement.

Examples of Senior Loan Agreement in a sentence

• Capitalized terms used and not otherwise defined herein shall have the meanings assigned to them in the Senior Loan Agreement (as defined below).

• Provided that there exists no Event of Default (or event which would become and Event of Default with notice or the passage of time) under the Senior Loan Agreement which remains uncured, the Subordinated Creditor shall be entitled to receive and retain interest repayment and principal repayment, under the Acquisition Debt in accordance with the terms of the Acquisition Note.

• Each Holder covenants and agrees, notwithstanding anything to the contrary contained in this Agreement or its respective Note, that the payment of any and all of the obligations herein shall be subordinate and subject in right and term of payment to the payment of the Senior Loan Agreement.

• Bank’s security interest in the assets of Borrower securing the Obligations of Borrower to Bank under this Agreement shall be junior and subordinate to Bank’s security interest in the assets of Borrower securing the Obligations of Borrower to Bank under the Senior Loan Agreement.

• Dividends shall be payable quarterly in arrears on the first day of the applicable quarter (each, a “Dividend Date”) with the first Dividend Date being July 1, 2017, except that any dividend not paid in Common Stock due to an Equity Conditions Failure or the provisions of Section 4(d) shall, at the Company’s election, be paid in cash (except as limited by a requirement of the Senior Loan Agreement) or shall accrue and increase the Stated Value.

More Definitions of Senior Loan Agreement

Senior Loan Agreement the Loan Agreement dated as of the date hereof between Senior Lender and Owner, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, with the consent of Lender.

Senior Loan Agreement means the Loan and Security Agreement dated as of October 3, 2008, by and between ISI and PrivateBank, as amended, restated or otherwise modified from time to time, including pursuant to that certain Amendment No. 4 thereto dated the date hereof.

Senior Loan Agreement means the amended and restated loan agreement among the issuer, the lenders and the administrative agent.

Senior Loan Agreement shall have the meaning assigned to such term in the recitals.

Senior Loan Agreement means that certain Amended and Restated Loan Agreement dated as of February 8, 2001 by and between Senior Lender and Borrower, as amended by that certain letter agreement dated September 5, 2001 and by that certain Second Amendment to Amended and Restated Loan Agreement dated as of June 30, 2002, and after giving effect to any consents and waivers with respect thereto prior to the date hereof, and as the same may hereafter be modified, amended or supplemented from time to time.

Senior Loan Agreement means that certain Amended and Restated Senior Loan and Security Agreement, amended and restated as of July 23, 2004, among Specialty Underwriters’ Alliance, Inc., as borrower, the Senior Lenders, as lenders, and acknowledged by Cxxxxxxx Xxxxx, Pxxxx Xxxxxx, Wxxxxxx Xxxxx and Gxxx Xxxxxxxx.

Senior Loan Agreement means, collectively, (a) that certain Credit Agreement, dated as of May 17, 2007, among Tribune, the Senior Lenders, the Senior Loan Agent, Merrill Lynch Capital Corporation, as syndication agent, and Citicorp North America, Inc., Bank of America, N.A. and Barclays Bank PLC, as co-documentation agents, as amended, restated, supplemented or otherwise modified from time to time and (b) those certain Increase Joinders, dated as of December 20, 2007, among Tribune, certain of the Senior Lenders and the Senior Loan Agent, as amended, restated, supplemented or otherwise modified from time to time.