Subordinate Lien Ordinance means that certain Ordinance No. 981008-D adopted by the City on October 8, 1998, as amended and supplemented in accordance with the terms hereof and thereof.
Second Lien Obligations means the “Obligations” as defined in the Second Lien Credit Agreement.
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.
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.
Parity Lien Obligations means Parity Lien Debt and all other Obligations in respect thereof.
Junior Lien Intercreditor Agreement means an intercreditor agreement in form and substance reasonably satisfactory to the Administrative Agent between the Administrative Agent and one or more collateral agents or representatives for the holders of Indebtedness that is secured by a Lien on the Collateral ranking junior to the Liens of the Loan Documents.
Second Lien Notes has the meaning set forth in the recitals hereto.