Subordinated Debt Agreement definition

Subordinated Debt Agreement means the agreement between the Developer and the Grantor pursuant to which the Developer agrees to repay the development costs (including, but not limited to, amounts paid to acquire land necessary to construct the Project, preliminary design and development work during the tender process and costs associated with the Grantor's consultants on the Project) to the value of US$20,000,000 incurred by the Grantor in connection with the Project;
Subordinated Debt Agreement means that certain Purchase Agreement dated as of May 1, 2000, by and among Buyer, EnCap Equity 1996 Limited Partnership, Energy Capital Investment Company PLC and El Paso Capital Investments, L.L.C.
Subordinated Debt Agreement as defined in Section 5.2. ---------------------------

Examples of Subordinated Debt Agreement in a sentence

  • Buyer shall have received the consents required under the Loan Agreement and the Subordinated Debt Agreement.

  • No right of any present or future holders of any Senior Indebtedness to enforce subordination as provided herein shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the [Credit Party] or by any act or failure to act, in good faith, by any such holder, or by any noncompliance by the [Credit Party] with the terms of this [Subordinated Debt Agreement], regardless of any knowledge thereof which any such holder may have or otherwise be charged with.

  • Nothing in this Article Two shall apply to amounts due to the Subordinated Debt Trustee pursuant to other sections in this [Subordinated Debt Agreement].

  • The Subordinated Debt Trustee shall be entitled to all the rights set forth in this Article Two with respect to any Senior Indebtedness which may at any time be held by it in its individual or any other capacity to the same extent as any other holder of Senior Indebtedness, and nothing in this [Subordinated Debt Agreement] shall deprive the Subordinated Debt Trustee of any of its rights as such holder.

  • With respect to the holders of Senior Indebtedness, the Subordinated Debt Trustee undertakes to perform or to observe only such of its covenants and obligations as are specifically set forth in Article Two, and no implied covenants or obligations with respect to the holders of Senior Indebtedness shall be read into this [Subordinated Debt Agreement] against the Subordinated Debt Trustee.


More Definitions of Subordinated Debt Agreement

Subordinated Debt Agreement means the Subordinated Loan And Security Agreement between the Borrower and The HillStreet Fund, L.P. relating to the Subordinated Debt.
Subordinated Debt Agreement shall have the meaning set forth in the recitals hereto.
Subordinated Debt Agreement means the agreement between the Developer and the Grantor pursuant to which the Developer agrees to repay the development costs (including, but not limited to, amounts paid to acquire land necessary to construct the Project, preliminary design and development work during the tender process and costs associated with the Grantor's consultants on the Project) to the value of [CURRENCY AND AMOUNT] incurred by the Grantor in connection with the Project;
Subordinated Debt Agreement means that certain securities purchase agreement to be entered into by the Company and WCAS Capital Partners IV, L.P. on or prior to the Closing Date, pursuant to which up to $50,000,000 will be made available to the Company.
Subordinated Debt Agreement means that certain Credit Agreement among the Borrower, the Subsidiary Guarantors, the financial institutions party thereto as lenders, and Subordinated Debt Agent, dated as of the date hereof, in form and substance satisfactory to the Co-Collateral Agents.
Subordinated Debt Agreement means an agreement among a WF Party (the “WF Debtor”) that has incurred or intends to incur Subordinated Debt, the creditor or creditors in respect of such Indebtedness (in this definition, the “Creditor”) and the Agent on behalf of the Lenders, under which the WF Debtor and the Creditor agree with the Agent on behalf of the Lenders that the Indebtedness that is the subject of such agreement will be subordinated in right of payment to the prior payment in full of all Senior Debt of such WF Party on terms satisfactory to the Agent.
Subordinated Debt Agreement any agreement (including any Borrower Indenture) pursuant to which any Subordinated Debt is issued.