Senior Subordinated Loans definition

Senior Subordinated Loans means the “Initial Loans” and the “Incremental Loans”, each as defined in the Senior Subordinated Loan Agreement.

Senior Subordinated Loans means, collectively, the Debt evidenced by the Senior Subordinated Notes.

Senior Subordinated Loans means the loans incurred under the Senior Subordinated Loan Agreement dated as of August 1, 2000 among Global Energy Equipment Group LLC and the other parties thereto.

Examples of Senior Subordinated Loans in a sentence

• All representations, warranties, covenants and agreements made in this Agreement and all other Loan Documents shall survive the execution and delivery of the Loan Documents and the making of the Senior Subordinated Loans hereunder.

• The representations and warranties contained in Section 3 hereof shall be true and correct on and as of the Closing Date and no Event of Default or Default shall be in existence on the date of the making of the Senior Subordinated Loans described herein or shall occur as a result thereof.

• No Company or any Subsidiary is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System), and no part of the proceeds of the Senior Subordinated Loans will be used to purchase or carry any margin stock or to reduce or retire any Debt incurred for such purpose or to extend credit to others for such purpose.

• The Calvert Senior Subordinated Loans shall bear interest (including at the Default Rate after the occurrence of an Event of Default, as more fully provided in the Calvert Senior Subordinated Notes), be repayable as to interest and principal, mature and be subject to such other terms and conditions as are set forth in the Calvert Senior Subordinated Notes, the provisions of which are incorporated herein by reference thereto as if fully set forth herein, and in this Section 2.

• After giving effect to the Transactions and the other transactions contemplated hereby, no Company shall have outstanding any Indebtedness or preferred stock other than (i) the Loans and Credit Extensions hereunder, (ii) the Senior Subordinated Loans, (iii) the Indebtedness listed on Schedule 6.01(b) and (iv) Indebtedness owed to Borrower or any Guarantor.

More Definitions of Senior Subordinated Loans

Senior Subordinated Loans means (a) subordinated loans made pursuant to the Senior Subordinated Loan Agreement and having a final maturity not earlier than the date that is ten years after the Closing Date and (b) any replacement or refinancing thereof having terms no more materially adverse to the interests of the Lenders than the terms thereof; provided, that any such amendment, replacement or refinancing shall bear a rate of interest determined by the Board of Directors of the US Borrower to be a market rate of interest at the date of such amendment, replacement or refinancing and have other terms customary for similar issuances under similar market conditions or otherwise be on terms reasonably acceptable to the Administrative Agent.

Senior Subordinated Loans means $175,000,000 in aggregate principal amount of senior subordinated loans extended to the Borrower on the Closing Date pursuant to the Senior Subordinated Loan Agreement.

Senior Subordinated Loans. Indebtedness of the Borrower under the Senior Subordinated Facility Documents and the Senior Subordinated Notes Documents.

Senior Subordinated Loans has the meaning provided in the Senior Subordinated Loan Agreement.

Senior Subordinated Loans means the Senior Subordinated Interim Loans and/or the Senior Subordinated Term Loans, as the context requires.

Senior Subordinated Loans means Borrower’s Senior Subordinated Loans due 2015 issued pursuant to the Senior Subordinated Loan Agreement.

Senior Subordinated Loans means (x) the senior subordinated loans to be made pursuant to the Senior Subordinated Facility Loan Documents on the Closing Date to Dollarama by the Subordinated Lenders in an aggregate principal amount of CA$240,000,000 with a maturity date of eighteen months following the Closing Date and (y) any such loans which are extended until the tenth anniversary of the Closing Date pursuant to the Senior Subordinated Credit Agreement.