Examples of Subordinated Credit Documents in a sentence
DDOT calculated that for calendar year 2014, Capital Bikeshare stations in DC were neither full nor empty 90.9% of the time (referred to hereafter as “uptime”).
The Controlling Collateral Agent, on behalf of itself and the Controlling Claimholders, acknowledges and agrees that none of the Subordinated Collateral Agents or the Subordinated Claimholders have made any express or implied representation or warranty, including with respect to the execution, validity, legality, completeness, collectibility or enforceability of any of the Subordinated Credit Documents, the ownership of any Collateral or the perfection or priority of any Liens thereon.
Notwithstanding the terms of the Subordinated Credit Documents, each Obligor hereby agrees that it may not make (or permit any of its subsidiaries to make), and Subordinated Creditor hereby agrees that it will not accept, any Distribution with respect to the Subordinated Obligations (other than Permitted Subordinated Debt Payments) until the Senior Obligations are Paid in Full.
Notwithstanding the foregoing, nothing in this Agreement will be construed to allow any Grantor to incur additional Indebtedness unless otherwise permitted by the terms of all Controlling Credit Documents and Subordinated Credit Documents.
All conditions precedent to the consummation of the Transaction as set forth in the Acquisition Documents, the Senior Subordinated Credit Documents, the PIK Preferred Stock Documents and the FrontLine Transaction Contribution Documents shall have been satisfied, and not waived unless consented to by each Agent and the Required Banks, to the reasonable satisfaction of each Agent and the Required Banks.
At any time, directly or indirectly, (a) pay, prepay, repurchase, redeem, retire or otherwise acquire, or make any payment on account of any principal of, interest on or premium payable in connection with the repayment or redemption of any of the Put Subordinated Notes, or (b) amend or modify any of the Subordinated Credit Documents, in each case except as expressly permitted by the Subordination Agreement.
During the year, 2,040,084 £0.01 ‘C’ ordinary shares were issued at a premium of 18.75p per share in conjunction with unsecured loan stock (see Note 14).
Any reference to this Warrant, or the other Subordinated Credit Documents (as defined in the Subordinated Credit Agreement) includes any and all permitted alterations, amendments, changes, extensions, modifications, renewals, or supplements thereto or thereof, as applicable.
As of the Petition Date, $16,748,577.03 was outstanding under the Prepetition Subordinated Credit Documents, comprised of $13,401,573.07 in principal, and $3,347,004.64 of accrued interest.
Upon a cure or permanent or temporary waiver of any Event of Default under the Secured Note Agreements, any Event of Default under the Subordinated Credit Documents that arises solely as a result of a cross default provision under the Subordinated Credit Documents shall thereupon be automatically and concurrently be deemed cured or permanently or temporarily waived, as applicable, to the same extent as the cure or permanent or temporary waiver under the Secured Note Documents.