Subordinate Credit Agreement definition

Subordinate Credit Agreement means the unsecured subordinated promissory note or notes in the aggregate principal amount of USD$4,000,000 issued by Worldwide to the Subordinate Lender from time to time, as the same may, subject to the provisions hereof, be amended, modified, restated, replaced, supplemented or renewed from time to time."
Sample 1
Subordinate Credit Agreement means that Subordinate Unsecured Credit ---------------------------- Agreement dated as of even date herewith, between the Borrower and certain lenders, as may be amended, modified or extended in accordance with the provisions of this Agreement.
Sample 1
Subordinate Credit Agreement means that certain Amended and Restated Credit Agreement by and among Borrowers, the lenders from time to time party thereto, and OneWest Bank, FSB, as administrative agent, dated as of April 15, 2013.
Sample 1

Examples of Subordinate Credit Agreement in a sentence

  • TGP will keep the premises of The Village, and “immediately adjacent’2 areas to their property free of trash, weeds, dog waste, human waste and other biohazards, drug paraphernalia, and debris.

  • If each of the 2012 Prepayment Conditions has been satisfied, and except as otherwise provided in Section 4(b), Debtor may pay to Subordinate Creditors, and Subordinate Creditors may accept and retain, a prepayment of principal on the account of the Subordinate Credit Agreement and Subordinate Notes in an amount not to exceed $1,000,000.

  • If any of the conditions to payment provided for hereinabove are not satisfied at the time of any payment by Debtor to Subordinate Creditors under the Subordinate Credit Agreement and Subordinate Notes, Debtor shall not be permitted to make, and Subordinate Creditor shall not be entitled to accept or retain, any such payment.

  • Pursuant to the Subordinate Credit Agreement, Subordinate Lenders have made or may hereafter make certain term loans to Debtor, as evidenced by the Notes (as defined in the Subordinate Credit Agreement) (as at any time amended, restated, modified or supplemented, the "Subordinate Notes").

  • BodiTitle: Director Date: The undersigned, (a “Borrower”), refers to the Amended and Restated Subordinate Credit Agreement dated as of June 1, 2023, between BIP Bermuda Holdings I Limited and the other Persons party hereto as borrowers, as Borrowers, and BIPC Bermuda Holdco Limited, as Lender (the “Credit Agreement”).

  • If each of the 2013 Prepayment Conditions has been satisfied, and except as otherwise provided in Section 4(b), Debtor may pay to Subordinate Creditors, and Subordinate Creditors may accept and retain, a prepayment of principal on account of the Subordinate Credit Agreement and Subordinate Notes in an amount not to exceed $3,000,000 less any amounts prepaid pursuant to the immediately preceding sentence.

  • Debtor has entered into that certain Credit Agreement dated as of March 18, 2011, with Subordinate Creditors (as at any time amended, restated, modified or supplemented, the "Subordinate Credit Agreement").


More Definitions of Subordinate Credit Agreement

Subordinate Credit Agreement means the Term Loan Credit Agreement dated as of January 18, 2008 by and among the Borrower, PWJ Lending II LLC, as agent, and the lenders from time to time party thereto, as amended, modified or supplemented from time to time in accordance with the terms of the Intercreditor Agreement.
Sample 1
Subordinate Credit Agreement means the loan document governing the Subordinate Debt;
Sample 1
Subordinate Credit Agreement means credit agreement dated as of January 19, 2022 among the Borrower, as borrower, Canadian Imperial Bank of Commerce, in its capacity as administrative agent, as agent, Business Development Bank of Canada and the other lenders from time to time party thereto, as lenders, and the credit parties thereto from time to time.
Sample 1

Related to Subordinate Credit Agreement

  • Senior Credit Agreement has the meaning specified therefor in the Recitals hereto.

  • Bridge Credit Agreement means that certain Credit Agreement, dated as of December 24, 2018, by and among Parent Borrower, as Borrower, Citibank, N.A., as Agent and the other parties thereto.

  • ABL Credit Agreement as defined in the recitals hereto.

  • Second Lien Credit Agreement means that certain Second Lien Credit Agreement, dated as of December 30, 2020, among Vine Energy Holdings LLC, as borrower, the lenders from time to time party thereto and Xxxxxx Xxxxxxx Senior Funding, Inc. as Administrative Agent (as defined therein) and Collateral Agent (as defined therein), as further amended, restated, amended and restated, extended, supplemented or otherwise modified from time to time

  • First Lien Credit Agreement means the Credit Agreement, dated as of the Closing Date, among Holdings, the Borrower, the guarantors party thereto, the lenders party thereto, the other parties from time to time party thereto, and the First Lien Administrative Agent.

  • Existing ABL Credit Agreement means that certain ABL credit agreement, dated as of April 19, 2013, among Petco Animal Supplies, Inc., the lenders party thereto, Bank of America, N.A., (as successor to Credit Suisse AG) as administrative agent, Xxxxx Fargo Bank, National Association, as collateral agent, and the subsidiaries of Petco Animal Supplies, Inc. from time to time party thereto, as amended by that certain First Amendment to the ABL Credit Agreement, dated as of November 21, 2014.

  • Term Loan Credit Agreement has the meaning set forth in the recitals to this Agreement.

  • Term Credit Agreement shall have the meaning set forth in the recitals hereto.

  • New Credit Agreement means the Credit Agreement, dated as of the Issue Date, by and among Level 3 Parent, LLC, Level 3 Financing, Inc., Wilmington Trust, National Association, as administrative agent, the New Credit Agreement Agent and each lender party thereto from time to time, as may be amended, restated, supplemented or otherwise modified from time to time.

  • Bank Credit Agreement means the Credit Agreement dated as of May 9, 2005 by and among the Company, certain Subsidiaries of the Company named therein, the Administrative Agent, and the Bank Lenders and other financial institutions party thereto, as amended, restated, joined, supplemented or otherwise modified from time to time, and any renewals, extensions or replacements thereof, which constitute the primary bank credit facility of the Company and its Subsidiaries.

  • DIP Credit Agreement means the Senior Secured Superpriority Debtor-in-Possession Credit Agreement, dated as of April 1, 2009, among the Companies, the Investor and the other lenders and agents from time to time party thereto, after giving effect to all amendments, waivers, supplements, modifications and any substitutions therefor.

  • Prepetition Credit Agreement has the meaning specified in the recitals hereto.

  • U.S. Credit Agreement means that certain credit agreement dated as of even date herewith by and among the U.S. Borrower, as borrower, the lenders party thereto, as lenders, and the U.S. Administrative Agent, as administrative agent.

  • Prior Credit Agreement has the meaning specified in the Recitals hereto.

  • Senior Secured Credit Agreement means that certain Credit Agreement, dated as of September 27, 2018, among the Borrowers, the lenders from time to time party thereto, JPMCB as administrative agent, JPMCB as collateral agent, and the other parties thereto, as amended, restated, amended, restated, extended, supplemented, refinanced or otherwise modified from time to time.

  • Revolving Credit Agreement means that certain Revolving Credit Agreement dated as of August 30, 2004 between the Company, certain of its Subsidiaries and the banks and financial institutions listed therein, as such agreement may be replaced, amended, supplemented or otherwise modified from time to time.

  • Parent Credit Agreement means that Credit Agreement, dated as of the date hereof, by and among FE and FET as borrowers, the banks and other financial institutions party thereto from time to time, and JPMorgan as administrative agent, as amended, amended and restated or otherwise modified from time to time.

  • Existing Revolving Credit Agreement means that certain Revolving Credit Agreement, dated as of August 29, 2018, among the Borrower, the other borrowers party thereto, the lenders and letter of credit issuers from time to time party thereto and Xxxxx Fargo Bank, National Association, as administrative agent (as amended, restated, supplemented or otherwise modified from time to time).

  • Existing Credit Agreement as defined in the recitals hereto.

  • Senior Credit Facility shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.

  • Existing Term Loan Credit Agreement means the Term Loan Credit Agreement dated December 5, 2014 among the Company, the Revolving Borrower, Barclays Bank PLC, as administrative Agent, and the financial institutions and lenders from time to time party thereto, as amended, restated, supplemented or otherwise modified from time to time prior to the Closing Date.

  • Exit Facility Credit Agreement means the credit agreement, in substantially the form attached to this Plan as Exhibit B or Filed with the Plan Supplement, which credit agreement shall contain terms and conditions consistent in all respects with those set forth on the Exit Facility Term Sheet and, to the extent any terms and conditions are not set forth on or contemplated therein, such other terms and conditions as are acceptable to the Debtors and the Required Consenting Creditors in the manner set forth in the Plan Support Agreement.

  • Original Credit Agreement shall have the meaning assigned to such term in the recitals hereto.

  • Credit Agreement shall have the meaning set forth in the recitals.

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • Subordinated Loan Agreement means the subordinated loan agreement dated on or about the Closing Date, as amended from time to time, and entered into by, amongst others, the Issuer, the Subordinated Lender and the Security Trustee, under which the Subordinated Lender will advance (or has advanced) the Subordinated Loan to the Issuer.