Subordinated Agent definition

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

Subordinated Agent means UnionBanCal Equities Inc., or such other Subordinated Lender serving in the capacity as the “subordinated 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, solely in such capacities. "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 and any other holder, purchaser or lender under any Subordinated Credit Agreement or Subordinated Loan Document, solely in such capacity. "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 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 accruing on or after the commencement of a...

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.

• Neither Subordinated Agent nor any Subordinated Lender may support or vote in favor of any plan of reorganization (and each shall be deemed to have voted to reject any plan of reorganization) unless such plan (a) pays off, in cash in full, all Senior Obligations or (b) is accepted by the class of holders of Senior Obligations voting thereon in accordance with Section 1126(c) of the Bankruptcy Code.

• The Subordinated Agent, for and on behalf of itself and the Subordinated Lenders, agrees that neither it nor any Subordinated Lender shall obtain a Lien on any asset or Collateral to secure all or any portion of the Subordinated Obligations unless concurrently therewith, the Senior Agent obtains a Lien on such asset or Collateral and the parties hereby agree that all such Liens are and will be subject to this Subordination Agreement.

• The Subordinated Agent and the Senior Agent each waives, to the fullest extent each may effectively do so, any defense or objection based upon forum non conveniens and any defense or objection to venue of any action instituted within the County of New York, State of New York.

More Definitions of Subordinated Agent

Subordinated Agent means any one of them individually;

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

Subordinated Agent. Borrower", "SCI", "Soc-Gen", "Subordination Agreement", "Senior Credit Agreement", "Restated Senior Credit Agreement", "Parent", "Senior Lender," "Subordinated Notes", "ECT Merchant", "JEDI-II", and "Subordinated Lender" shall have the meanings indicated above; and unless otherwise defined herein, all terms beginning with a capital letter which are defined in the Subordination Agreement shall have the same meanings herein as therein unless the context hereof otherwise requires.

Subordinated Agent means (a) prior to the Discharge of First Lien Obligations, the Second Lien Agent and the Third Lien Agent and (b) following the Discharge of First Lien Obligations but prior to the Discharge of Second Lien Obligations, the Third Lien Agent.

Subordinated Agent means The Chase Manhattan Bank acting as agent on behalf of the Subordinated Creditors and its successors and its assigns.