Subordinate Debt Documents definition

Subordinate Debt Documents means the Seller Loan Documents and all other documents evidencing or securing the Subordinate Debt or otherwise executed and delivered by the Borrower in connection therewith or as a condition of the advance of the proceeds thereof, together with a subordination agreement executed by lender of such Subordinate Debt, all in form and substance acceptable to the Majority Owner Representative.
Sample 1Sample 2Sample 3
Subordinate Debt Documents means, collectively, the Subordinate Note Purchase Agreement, the Subordinate Note and all other agreements, promissory notes or other instruments evidencing the Subordinate Debt, which Subordinate Debt Documents shall, in all respects, be in form and substance acceptable to Agent and each Lender in their sole discretion.
Sample 1

Examples of Subordinate Debt Documents in a sentence

  • That all prior actions taken by or on behalf of the Corporation in connection with the Subordinate Loan and Subordinate Debt Documents, including the execution and form of the Commitment, are hereby authorized, ratified, confirmed and approved.

  • That, notwithstanding any other provision of this Resolution, the Chairperson, Vice Chairperson, President, or Executive Vice President of the Corporation are each hereby authorized to make or approve such revisions in the form of the Subordinate Debt Documents as, in the opinion of counsel, may be necessary or convenient to carry out or assist in carrying out the purposes of this Resolution, the Subordinate Debt Documents and the Program.

  • The Fiscal Agent will receive and deposit into the Subordinate Debt Proceeds Account amounts received as future installments of the Subordinate Debt from the Subordinate Lender, in accordance with the provisions of the Subordinate Debt Documents.

  • Borrower will promptly upon the issuance or incurrence of any Permitted Subordinate Debt or Permitted Senior Debt provide to Administrative Agent a true, correct and complete copy of all material Permitted Subordinate Debt Documents or Permitted Senior Debt Documents, as applicable, executed and delivered in connection with, governing and/or evidencing such Permitted Subordinate Debt or Permitted Senior Debt, as applicable.

  • That the Board of Directors of the Corporation has expressly determined and hereby confirms that the execution of the Subordinate Debt Documents and the further use of the Program accomplish a valid public purpose of the Corporation.

  • That the officers of the Corporation are each hereby authorized to consent to, accept, execute and attest such other agreements, assignments, certificates, contracts, documents, instruments, releases, financing statements, letters of instruction, written requests and other papers, whether or not mentioned herein, as may be necessary or convenient to carry out or assist in carrying out the purposes of this Resolution and the Subordinate Debt Documents.

  • The Mortgage, the Assignment of Project Documents, the Assignment of Capital Contributions, [the Assignment of HAP Contract,] [the Assignment of Subordinate Debt Documents,] the Developer Fee Pledge and the General Partner Pledge shall be effective to create in the Trustee a legal, valid and enforceable lien and security interest in the collateral identified therein.

Related to Subordinate Debt Documents

  • Subordinated Debt Documents means any agreement, indenture and instrument pursuant to which any Subordinated Debt is issued, in each case as amended to the extent permitted under the Loan Documents.

  • Subordinate Debt means indebtedness secured hereby or by any Supplemental Indenture which is by its terms expressly subordinate and inferior hereto both in lien and right of payment.

  • Senior Debt Documents means (a) the Credit Agreement Loan Documents and (b) any Additional Senior Debt Documents.

  • Second Priority Debt Documents means the Initial Second Priority Debt Documents and, with respect to any series, issue or class of Second Priority Debt, the promissory notes, indentures, Collateral Documents or other operative agreements evidencing or governing such Indebtedness, including the Second Priority Collateral Documents.

  • Subordinated Documents means the Subordinated Note and any and all other documents, agreements, writings or instruments executed in connection therewith or pursuant thereto, in each case, as in effect on the date hereof and as amended, modified, restated or Refinanced in accordance with the terms hereof.

  • Senior Loan Documents means the loan agreement between Borrower and Senior Creditor and any other agreement, security agreement, document, promissory note, UCC financing statement, or instrument executed by Borrower in favor of Senior Creditor pursuant to or in connection with the Senior Debt or the loan agreement, as the same may from time to time be amended, modified, supplemented, extended, renewed, restated or replaced.

  • Subordinated Indebtedness means any Indebtedness of the Borrower or any Subsidiary the payment of which is subordinated to payment of the obligations under the Loan Documents.

  • Additional Senior Debt Documents means, with respect to any series, issue or class of Additional Senior Debt, the promissory notes, indentures, Collateral Documents or other operative agreements evidencing or governing such Indebtedness, including the Senior Collateral Documents.

  • Junior Lien Indebtedness means any Indebtedness (other than any ABL Facility) that is secured by a junior Lien to the Lien securing the Secured Obligations and that was permitted to be incurred and so secured hereunder.