Subordinated Agreement definition

Subordinated Agreement means each agreement (i) between the Primary Guarantor and the Borrower, (ii) between the Borrower and any Vessel Owner and (iii) between the Primary Guarantor and any Vessel Owner, in each case pursuant to which one party advances loans or other financial accommodations or indebtedness to the other party.

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Subordinated Agreement shall have the meaning specified in Section 7, Paragraph 1 of this Agreement.

Subordinated Agreement means the collective reference to (i) the Existing Subordinated Agreement and (ii) any other credit agreement, loan agreement, securities purchase agreement, note purchase agreement, note agreement, promissory note, indenture, any other agreement or instrument evidencing or governing the terms of any indebtedness or other financial accommodation that has been incurred to extend, replace, refinance or refund in whole or in part the indebtedness and other obligations outstanding under the Existing Subordinated Agreement or any other agreement or instrument referred to in this clause (ii). Any reference to the Subordinated Agreement hereunder shall be deemed a reference to any Subordinated Agreement then extant.

Examples of Subordinated Agreement in a sentence

At any time after the date hereof, the Subordinated Party may request, by delivering a written request to the Senior Creditor (each an “Exception Request”), to have certain amounts, indebtedness, obligations or liabilities owing or to be owed under the Subordinated Agreement to be granted a first priority security interest position and not otherwise to be subordinated to the rights of the Senior Creditor.
Borrower hereby represents and warrants that, after giving effect to this Amendment Agreement and the transactions contemplated hereby, no Event of Default has occurred and is continuing under the Note or related Transaction Documents as defined by the Revolving Subordinated Agreement dated November 21, 2002.
All principal, interest, fees, costs, enforcement expenses (including legal fees and disbursements), collateral protection expenses and other reimbursement and indemnity obligations created or evidenced by the Subordinated Agreement or any prior, concurrent or subsequent notes, instruments or agreements of indebtedness, liabilities or obligations of any type or form whatsoever relating thereto in favor of the Subordinating Creditor.
Subject to the prior interests of the Senior Lenders and the terms of the Subordinated Agreement, this Agreement secures the prompt and complete payment and performance of the Secured Obligations owing to SJMB.
All principal, interest, fees, costs, enforcement expenses (including legal fees and disbursements), collateral protection expenses and other reimbursement and indemnity obligations created or evidenced by the Subordinated Agreement or any prior, concurrent or subsequent notes, instruments or agreements of indebtedness, liabilities or obligations of any type or form whatsoever relating thereto in favor of any Subordinating Creditor and the Collateral Agent but excluding Trustee Claims.

More Definitions of Subordinated Agreement

Subordinated Agreement means each Subordinated Contribution Agreement, the Master Servicing Agreement and any replacement servicing agreement entered into by any Obligor in accordance with sub-clause 20.17.3 of the Facility Agreement.

Subordinated Agreement means the collective reference to (i) the Existing Subordinated Agreement and (ii) any other credit agreement, loan agreement, securities purchase agreement, note purchase agreement, note agreement, promissory note, indenture, other agreement or instrument evidencing or governing the terms of any indebtedness or other financial accommodation that has been incurred to extend, replace, refinance or refund in whole or in part the indebtedness and other obligations outstanding under the Existing Subordinated Agreement or any other agreement or instrument referred to in this clause (ii), including, without limitation, any agreement or instrument which increases the principal amount thereof. Any reference to the Subordinated Agreement hereunder shall be deemed a reference to any Subordinated Agreement then extant.

Subordinated Agreement means subordinated loan agreements and secured demand note agreements as defined in subparagraph (a) (2) of Appendix D to Rule 15c3-1.

Subordinated Agreement means that certain Subordinated Agreement, dated as of December 27, 1996, by and among the Agent and the Subordinated Creditor, as the same may be amended, modified, restated or otherwise supplemented from time to time hereafter.

Subordinated Agreement means this Subordinated Note Agreement as it may from time to time be amended, supplemented or otherwise modified. Any and all defined terms used in this Subordinated Agreement without definition in this Schedule B shall have the respective meanings assigned thereto in the Senior Credit Agreement, and any and all defined terms used in such definitions in the Senior Credit Agreement shall have the respective meanings assigned thereto in the Senior Credit Agreement unless otherwise defined in this Schedule B. THIS NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT") AND MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED EXCEPT (A) TO A PERSON WHOM THE SELLER REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER WITHIN THE MEANING OF RULE 144A WHO IS PURCHASING THIS NOTE FOR HIS/HER OR ITS OWN ACCOUNT OR FOR THE ACCOUNTS OF ONE OR MORE QUALIFIED INSTITUTIONAL BUYERS IN A PRINCIPAL AMOUNT OF NOT LESS THAN $100,000 FOR ANY SUCH ACCOUNT, OR (B) PURSUANT TO ANOTHER APPLICABLE EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT, IN EACH CASE IN ACCORDANCE WITH ANY APPLICABLE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES OR ANY OTHER JURISDICTION. SUBORDINATED PROMISSORY NOTE $12,000,000.00 February 22, 1999 FOR VALUE RECEIVED, the undersigned, PF Acquisition II, Inc., a New York corporation (the "Company"), promises to pay, but subject nevertheless to all of the provisions hereof, to the order of COBANK, ACB, at its offices at _____________________________________________or at such other office within the United States of America as the holder hereof may from time to time in writing appoint, the principal sum of Twelve Million Dollars ($12,000,000.00) in quarterly installments on the last day of each calendar quarter (commencing March 31, 2009) each equal to 1/40 (2.5%) of the principal balance hereof on March 31, 2009 and a final payment on February 22, 2014. The Company promises to pay interest at such office on the balance of principal from time to time outstanding and unpaid hereon (computed on the basis of a year of 365 or 366 days, as the case may be, and the actual number of days elapsed) (i) for the period from February 22, 2004 until February 22, 2009 at the rate of five (5) percent per annum and (ii) for the period from and after February 22, 2009 and until payment in full thereof at the rate of seven (7) percent per annum, such interest to be due and payable quarterly in arrears on the last day o...

Subordinated Agreement means that certain Subordination Agreement by and between BNP Paribas and Borrower dated December , 2008 that was acknowledged by Amyris Fuels, Inc.

Subordinated Agreement means that certain Agreement dated as of February 18, 2013 among Joe’s, Joe’s Jeans, Inc. and the Subordinated Creditor, as the same may be amended, supplemented, modified or restated from time to time.