Examples of Senior Subordinated Loan Documents in a sentence
The Lenders have been furnished true and complete copies of (a) the Acquisition Agreement and each agreement, certificate, instrument, letter or other document related thereto (including in each case each exhibit, schedule, annex or attachment thereto) (the “Acquisition Documents”) and (b) the Senior Subordinated Loan Documents.
Each such Lender shall be responsible for, and promptly pay, its prorata share of all unreimbursed fees and costs hereafter incurred in attempting to enforce the common provisions of any Senior Subordinated Note and the provisions of the Loan Agreement and the other Senior Subordinated Loan Documents.
The Secured Obligations are “Senior Debt,” the Guaranteed Obligations are “Guarantor Senior Debt” and the Secured Obligations and Guaranteed Obligations are “Designated Senior Debt,” in each case, within the meaning of the Senior Subordinated Loan Documents.
The Loan Parties also agree to pay and save Lender harmless from all liability for any stamp or other similar documentary or recording taxes which may be payable in connection with this Agreement and the other Senior Subordinated Loan Documents or the performance of any transactions contemplated hereby or thereby.
There are no actions, suits or proceedings pending or, to any Loan Party's knowledge, threatened against or affecting any Loan Party or its business or assets, before any court or governmental department, agency or instrumentality, domestic or foreign, which (a) purport to affect or pertain to this Agreement or any other of the Senior Subordinated Loan Documents or (b) if adversely determined, are reasonably likely to result in a material liability to the Business.
Each Loan Party acknowledges that (a) the business operations of each Loan Party are interrelated and compliment one another, and that such entities have a common business purpose; and (b) to permit their uninterrupted and continuous operations, such entities now require the Loan Documents funds from Lender as set forth in the Senior Subordinated Loan Documents.
Borrower has the corporate power and authority to execute, deliver and perform each of the Senior Subordinated Loan Documents to which it is a party and to incur the borrowings or other obligations contemplated by the provisions thereof.
Enter into or create or otherwise cause to exist or become effective any agreement or arrangement that: (a) limits the ability of any Consolidated Party (i) to make Restricted Payments to any Loan Party, or (ii) to act as a guarantor pursuant to the Senior Subordinated Loan Documents; or (b) requires the grant of a Lien to secure an obligation of such Person if a Lien is granted to secure another obligation of such Person (except for Permitted Liens).
In addition, at any time that a request for a consent for a material or other substantive change to the Senior Subordinated Loan Documents is pending, any Senior Subordinated Lender wishing to consult with other Senior Subordinated Lenders in connection therewith may request and receive from the Senior Subordinated Administrative Agent a copy of the Register.
Each Guarantor guarantees that the Guaranteed Obligations will be paid strictly in accordance with the terms of this Agreement and the other Senior Subordinated Loan Documents, regardless of any Law now or hereafter in effect in any jurisdiction affecting any of such terms or the rights of the Senior Subordinated Administrative Agent or any Senior Subordinated Lender.