Senior Subordinated Interim Loans definition

Senior Subordinated Interim Loans shall have the meaning provided in the recitals to this Agreement and shall include term loans outstanding under the Senior Subordinated Interim Loan Agreement after conversion thereof.
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Senior Subordinated Interim Loans shall have the meaning provided in Section 2.1(a).
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Senior Subordinated Interim Loans means the $2,500,000,000 aggregate principal amount of term loans borrowed by the Issuer pursuant to the Senior Subordinated Interim Debt Agreement.
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Examples of Senior Subordinated Interim Loans in a sentence

  • Such Senior Subordinated Interim Loans (i) shall be incurred and maintained (except as provided in Sections 2.6 and 2.10) as LIBOR Loans, (ii) may be repaid or prepaid in accordance with the provisions hereof, but once repaid or prepaid, may not be reborrowed, (iii) shall not exceed for any such Lender the Senior Subordinated Interim Loan Commitment of such Lender and (iv) shall not exceed in the aggregate the Total Senior Subordinated Interim Loan Commitment.

  • Each Borrowing of Senior Subordinated Interim Loans under this Agreement shall be made by the Lenders pro rata on the basis of their then-applicable Senior Subordinated Interim Commitments.

  • Subject to Section 5.2(h), each prepayment of Senior Subordinated Interim Loans required by Section 5.2(a)(i) (except for Debt Incurrence Prepayment Events resulting from the incurrence of Senior Subordinated Notes) shall be applied on a pro rata basis based on the aggregate principal amount of Senior Interim Loans and Senior Subordinated Interim Loans outstanding at such time.

  • The Administrative Agent promptly gave each Lender written notice (or telephonic notice promptly confirmed in writing) of the Borrowing of Senior Subordinated Interim Loans, of such Lender’s proportionate share thereof and of the other matters covered by the related Notice of Borrowing.

  • Subject to Section 5.2(h), each prepayment of Senior Subordinated Interim Loans required by Section 5.2(a)(i), the proceeds of which are derived from any incurrence of Indebtedness pursuant to Section 9.7(a), shall be applied on a pro rata basis to the aggregate principal amount of the outstanding Senior Interim Loans and Senior Subordinated Interim Loans.

  • Such notice (a “Notice of Borrowing”) specified (i) the aggregate principal amount of the Senior Subordinated Interim Loans to be borrowed (the “Senior Subordinated Interim Loans Requested Amount”) (such Senior Subordinated Interim Loans Requested Amount not to exceed in the aggregate the Total Senior Subordinated Interim Loan Commitment), (ii) the date of the Borrowing (which was the Original Closing Date) and (iii) the Interest Period to be initially applicable thereto.

  • Subject to Section 5.2(h), each prepayment of Senior Subordinated Interim Loans required by Section 5.2(a)(i) solely resulting from the incurrence of Senior Subordinated Notes shall be applied on a pro rata basis based on the aggregate principal amount of Senior Subordinated Interim Loans.

  • Subject to Section 5.2(h), each prepayment of Senior Subordinated Interim Loans required by Section 5.2(a)(i), the proceeds of which are derived from the incurrence of Senior Subordinated Notes, shall be applied on a pro rata basis to the aggregate principal amount of outstanding Senior Subordinated Interim Loans.

  • The Administrative Agent shall promptly give each Lender written notice (or telephonic notice promptly confirmed in writing) of the proposed Borrowing of Senior Subordinated Interim Loans, of such Lender’s proportionate share thereof and of the other matters covered by the related Notice of Borrowing.

  • Such notice (a “Notice of Borrowing”) shall specify (i) the aggregate principal amount of the Senior Subordinated Interim Loans to be borrowed (the “Senior Subordinated Interim Loans Requested Amount”) (such Senior Subordinated Interim Loans Requested Amount not to exceed in the aggregate the Total Senior Subordinated Interim Loan Commitment), (ii) the date of the Borrowing (which shall be the Closing Date) and (iii) the Interest Period to be initially applicable thereto.


More Definitions of Senior Subordinated Interim Loans

Senior Subordinated Interim Loans means the term loans outstanding under the Senior Subordinated Bridge Facility.
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Related to Senior Subordinated Interim Loans

  • Junior Subordinated Debentures means the aggregate principal amount of the Depositor's ____% Junior Subordinated Deferrable Interest Debentures, due ________ __, 2027, issued pursuant to the Indenture.

  • Senior Subordinated Notes means the Borrower’s 9.75% Senior Subordinated Notes due 2014, in an original aggregate principal amount of $225,000,000.

  • Junior Subordinated Notes means the $__________ aggregate principal amount of the Depositor's Series __ ____% Junior Subordinated Notes due ____ __, ____, issued pursuant to the Subordinated Indenture.

  • Senior Subordinated Debt means the Indebtedness represented by the Senior Subordinated Notes (including the Note Guarantees, Exchange Notes (each as defined in the Senior Subordinated Debt Documents), guarantees of Exchange Notes and any replacement Exchange Notes).

  • Junior Subordinated Debt means (a) subordinated junior deferrable interest debentures of the Borrower, (b) the related preferred securities, if applicable, of Subsidiaries of the Borrower and (c) the related subordinated guarantees, if applicable, of the Borrower, in each case, from time to time outstanding.

  • Senior Subordinated Indebtedness means the Securities and any other Indebtedness of the Company that specifically provides that such Indebtedness is to rank pari passu with the Securities in right of payment and is not subordinated by its terms in right of payment to any Indebtedness or other obligation of the Company which is not Senior Indebtedness.

  • Junior Subordinated Indebtedness means the principal of (and premium, if any) and unpaid interest on (a) indebtedness of the Company (including indebtedness of others guaranteed by the Company), whether outstanding on the date hereof or thereafter created, incurred, assumed or guaranteed, for money borrowed, which in the instrument creating or evidencing the same or pursuant to which the same is outstanding it is provided that such indebtedness ranks junior in right of payment to the Company’s Senior Indebtedness and Senior Subordinated Indebtedness and equally and pari passu in right of payment to any other Junior Subordinated Indebtedness, (b) Junior Subordinated Securities, and (c) renewals, extensions, modifications and refinancings of any such indebtedness.

  • Existing Senior Subordinated Notes means the Issuer’s 10 1⁄8% Senior Subordinated Notes due 2016 issued pursuant to the Indenture dated as of December 1, 2006, among the Issuer, the Guarantors listed therein and The Bank of New York Mellon as Trustee.

  • Senior Subordinated Note Documents means the Senior Subordinated Notes Indenture and all other instruments, agreements and other documents evidencing the Senior Subordinated Notes or providing for any guarantee or other right in respect thereof.

  • Senior Subordinated Note Indenture the Indenture entered into by the Borrower and certain of its Subsidiaries in connection with the issuance of the Senior Subordinated Notes, together with all instruments and other agreements entered into by the Borrower or such Subsidiaries in connection therewith, as the same may be amended, supplemented or otherwise modified from time to time in accordance with Section 7.9.

  • Senior Subordinated Indenture means the Indenture, dated as of August 30, 2007, among the Company, the subsidiary guarantors party thereto from time to time and Xxxxx Fargo Bank, National Association, as trustee, governing the 13.5% Senior Subordinated Notes due 2015 of the Company, as the same may be amended, supplemented, waived or otherwise modified from time to time.

  • Subordinated Loans means any loan incurred by the Issuer or any of its Subsidiaries, if such loan (i) according to its terms (or pursuant to a subordination agreement on terms and conditions satisfactory to the Trustee) is subordinated to the obligations of the Issuer under the Terms and Conditions; (ii) according to its terms have a final redemption date or, when applicable, early redemption dates or instalment dates which occur after the Final Redemption Date; and (iii) according to its terms yield only payment-in-kind interest.

  • Junior Subordinated Payment has the meaning specified in Section 1202.

  • Senior Subordinated Notes Indenture means the Indenture, dated as of July 17, 2012, under which the Senior Subordinated Notes were issued, among the Borrower and the Restricted Subsidiaries party thereto and the trustee named therein from time to time, as in effect on the Closing Date and as amended, restated, supplemented or otherwise modified from time to time in accordance with the requirements thereof and of this Agreement.

  • Subordinated Loan has the meaning set forth in Section 1.2(a) of the Agreement.

  • Second Lien Notes has the meaning set forth in the recitals hereto.

  • Senior Subordinate Certificates The Class B1, Class B2 and Class B3 Certificates.

  • Subordinated Debentures means the debentures exchangeable by the Company for the Preferred Stock in accordance with the Certificate of Designations therefor.

  • Subordinated Loan Agreement means any loan agreement made or to be made between (i) any Borrower and (ii) a Subordinated Creditor.

  • Junior Subordinate Certificates The Class B-4, Class B-5 and Class B-6 Certificates.

  • Existing Subordinated Notes means any instrument or loan issued or incurred before 1 January 2013, whether publicly or privately placed, ranking or expressed to be ranking pari passu with all other subordinated obligations (except for those subordinated obligations expressed by their terms to rank junior), provided that should any such Existing Subordinated Notes be amended in any way (contractually or by statute) which would result in allowing the Issuer to issue subordinated notes ranking senior thereto, then such Subordinated Notes would be deemed to no longer constitute an Existing Subordinated Note. As a result, in the event of liquidation or bankruptcy of the Issuer or in the event of a Moratorium (as defined in Condition 3 of the Conditions of the Notes) with respect to the Issuer, the claims of the holders of the Subordinated Notes ("Subordinated Noteholders") against the Issuer will be:

  • Subordinated Indebtedness Documents means any document, agreement or instrument evidencing any Subordinated Indebtedness or entered into in connection with any Subordinated Indebtedness.

  • Second Lien Notes Trustee “Second Lien Noteholder”, “High Yield Agent”, “HY Borrower”, “High Yield Creditor”, “High Yield Lender”, “Unsecured Agent”, “Unsecured Borrower”, “Unsecured Creditor”, “Unsecured Lender”, “Security Agent”, “Security Grantor”, “Senior Agent”, “Senior Arranger”, “Senior Borrower”, “Senior Creditor”, “Senior Guarantor”, “Senior Lender”, “Senior Secured Notes Guarantor”, “Senior Secured Notes Issuer”, “Senior Secured Notes Trustee”, “Senior Secured Noteholder”, “Subordinated Creditor”, “Permitted Affiliate Parent” or the “Company” shall be construed to be a reference to it in its capacity as such and not in any other capacity;

  • Second Lien Loans means the “Loans” as defined in the Second Lien Credit Agreement and shall, for the avoidance of doubt, include Incremental Second Lien Loans.

  • Guarantor Subordinated Obligations means, with respect to a Subsidiary Guarantor, any Indebtedness of such Subsidiary Guarantor (whether outstanding on the Issue Date or thereafter Incurred) that is expressly subordinated in right of payment to the obligations of such Subsidiary Guarantor under its Subsidiary Guarantee pursuant to a written agreement.

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.