Subordinated Agent definition

Subordinated Agent has the meaning set forth in the preamble to this Agreement.

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Subordinated Agent means UnionBanCal Equities Inc., or such other Subordinated Lender serving in the capacity as the “administrative agent” under the Subordinated Credit Agreement to the extent permitted under the Subordinated Credit Agreement and the Subordination and Intercreditor Agreement.

Subordinated Agent means the Original Subordinated Agent, together with its successors, assigns, transferees and any Person that has a similar title (such as “Agent” “Administrative Agent” or “Collateral Agent”) under any Subordinated Credit Agreement. “Subordinated Credit Agreement” means the Original Subordinated Credit Agreement as amended, restated, modified, renewed, refunded, replaced, or refinanced in whole or in part from time to time, and any other agreement extending the maturity of, consolidating, otherwise restructuring (including adding Subsidiaries or affiliates of any Obligor or any other Persons as parties thereto), renewing, replacing or refinancing all or any portion of the Subordinated Obligations or any commitment in connection therewith or all or any portion of the amounts owed under any other agreement that itself is a Subordinated Credit Agreement hereunder and whether by the same or any other agent, lender, or group of lenders, in each case as of the date hereof or as may be amended, restated, modified, renewed, refunded, replaced or refinanced in accordance with the terms of this Subordination Agreement. “Subordinated Lenders” means the Original Subordinated Agent, together with any other holder, purchaser or lender under any Subordinated Credit Agreement or Subordinated Loan Document. “Subordinated Loan Documents” means the Subordinated Credit Agreement and the other Loan Documents (as such term is defined in the Original Subordinated Credit Agreement), or any other security, collateral, ancillary or other document entered into in connection with or related to any agreement that is a Subordinated Credit Agreement, as such documents may be amended, restated, modified, renewed, refunded, replaced, or refinanced in whole or in part from time to time. “Subordinated Obligations” means the “Obligations” as defined in the Subordinated Loan Documents and includes all obligations and all other amounts owing, due or secured under the terms of the Subordinated Credit Agreement or any other Subordinated Loan Document, including any and all amounts payable to the Subordinated Agent or any Subordinated Lender, all principal, prepayment or other premium, interest (including payment-in-kind interest), fees (including payment-in-kind fees), attorneys’ fees, costs, charges, expenses, reimbursement obligations, indemnities, guarantees, and all other amounts payable under any Subordinated Loan Document or in respect thereof (including, in each case, all amounts accruin...

Examples of Subordinated Agent in a sentence

• The Senior Agent acknowledges and agrees, for and on behalf of itself and the other Secured Parties, and the Subordinated Agent acknowledges and agrees, for and on behalf of itself and the Subordinated Lenders, that it has not made any warranties or representations with respect to the legality, validity, enforceability, collectability or perfection of the Senior Indebtedness or the Subordinated Obligations or any liens or security interests held in connection therewith.

• Reference is made to the Subordination and Intercreditor Agreement, dated as of December 17, 2008 (as amended, restated, supplemented or otherwise modified from time to time, the “Subordination and Intercreditor Agreement”), among Union Bank of California, N.A., as Senior Agent, and UnionBanCal Equities, Inc., as Subordinated Agent, and certain other persons, party or that may become party thereto from time to time.

• Except as otherwise provided in this Subordination Agreement, the Senior Agent and the Subordinated Agent will be entitled to manage and supervise their respective extensions of credit to any Obligor in accordance with law and their usual practices, modified from time to time as they deem appropriate.

• The Subordinated Agent agrees, for and on behalf of itself and the Subordinated Lenders, that neither it nor any Subordinated Lender will take any action that would interfere with any Exercise of Secured Creditor Remedies undertaken by the Senior Agent or any Senior Lender under the Senior Loan Documents, including any public or private sale, lease, exchange, transfer, or other disposition of any Collateral, whether by foreclosure or otherwise.

• The Subordinated Agent and the Senior Agent each waives personal service of any and all process upon it, and consents that all service of process be made in the manner set forth in Section 21 of this Subordination Agreement for notices.

More Definitions of Subordinated Agent

Subordinated Agent means any one of them individually;

Subordinated Agent has the meaning assigned to such term in the introductory paragraph of this Agreement.

Subordinated Agent means the “Agent” as such term is defined in the Subordinated Note Agreement and any Person acting in a similar capacity under any amendment, restatement, supplement, replacement or refinancing thereof.

Subordinated Agent is defined in the recitals and shall include any successor thereto exercising substantially the same rights and powers, or if there is no acting agent, administrative agent, collateral agent, or trustee under the Subordinated Loan Agreement or any Subordinated Documents or acting collateral agent for the Subordinated Lenders, the Subordinated Lenders holding a majority in principal amount of Subordinated Obligations then outstanding.

Subordinated Agent means Alter Domus (US) LLC, as collateral agent for the Subordinated Lenders.

Subordinated Agent means Red Fish Blue Fish, LLC, as administrative agent for the lenders under the Subordinated Loan Agreement (or such successor administrative agent as may be appointed pursuant to the terms thereof).

Subordinated Agent as defined in the preamble above shall also include any successor by merger with the Subordinated Agent or any successor agent to the Subordinated Agent under the Subordinated Loan Agreement. The Senior Agent agrees not to unreasonably withhold, delay or condition its approval of the transfer of the security interests under the "Pledges" (as defined below) to such a successor agent in connection therewith, if such approval shall be requested.