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

  • On April 12, 2000, ACS amended its Subordinated Debt Agreement with the Company whereby the put provision associated with the original warrants was replaced by a make-whole feature.

  • In connection with the October 29, 1999 refinancing, specifically the $7 million Subordinated Debt Agreement, the Company issued warrants to purchase 1,907,543 shares of IGI Common Stock at an exercise price of $.01 per share to ACS.

  • As part of Trust processes for verifying these tenants’ incomes, and hence their entitlement to rebated rent, the Trust obtains details of the tenants’ income from Centrelink.

  • Ficohsa Subordinated Debt Agreement, 2011.IFC AMC - Ficohsa Subscription Agreement, 2011).

  • In connection with the Subordinated Debt Agreement, the Company issued to the lender warrants to purchase 1,907,543 shares of IGI Common Stock at an exercise price of $.01 per share.


More Definitions of Subordinated Debt Agreement

Subordinated Debt Agreement shall have the meaning set forth in the recitals hereto.
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 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 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 in Section 1.1 are deleted in their entirety and replaced with the following: (a) "Commitment," means Lender's commitment to make (i) Revolving Advances to Borrower pursuant to Section 2.1 of this Agreement in an outstanding aggregate principal amount not to exceed at any time $13,000,000 and (ii) BV Advances pursuant to Section 2.1A of this Agreement in an outstanding aggregate principal amount not to exceed at any time $5,000,000. (b) "Loans" means the Revolving Advances, the Term Loan, the BV Loan, and the 2001 Term Loan made or to be made pursuant to this Agreement. (c) "Maturity Date" means (i) in the case of the Revolving Credit Loan and the BV Loan, July 25, 2003, (ii) in the case of the Term Loan, October 1, 2004, and (iii) in the case of the 2001 Term Loan, April 1, 2003, or (iv) earlier as set forth in this Agreement. 4 <PAGE> (d) "Notes" means the Revolving Credit Note, the Term Note, the BV Note and the 2001 Term Note. (e) "Subordinated Debt Agreement" means the Subordinated Loan And Security Agreement between the Borrower and The HillStreet Fund, L.P. relating to the Subordinated Debt. 2. The following new definitions are hereby incorporated in Section 1.1 in the appropriate alphabetical locations: (a) "Excess Cash Flow" shall mean, for any period, the difference arrived at by subtracting (i) the sum of Current Maturities of Long Term Debt plus Interest Expense from (ii) Earnings Before Interest, Taxes, Depreciation and Amortization minus the sum of unfinanced capital expenditures and taxes. (b) "Fourth Amendment" means the Fourth Agreement of Amendment by and among Borrower and Lender dated as of April 5, 2000. (c) " Intercreditor Agreement" means the Intercreditor Agreement, dated as of April 5, 2001, by and among Borrower, Lender and The HillStreet Fund, L.P. (d) "Seller Notes" mean (i) that certain promissory note in the principal amount of Nine Hundred Thousand and 00/100 Dollars ($900,000.00) dated as of September 10, 1999,executed by QEP in favor of Xxxx X. Xxxxxxx, (ii) that certain promissory note in the principal amount of One Million Six Hundred Thousand and 00/100 Dollars ($1,600,000.00) executed by QEP in favor of Stone Mountain Manufacturing, Inc. and (iii) the payment obligation pursuant to that certain Agreement for the Purchase and Sale of Shares by and between Q.E.P. Zocalis Holding LLC and Zocalis S.R.L. in the amount of One Million Two Hundred Fifty Thousand and 00/100 Dollars ($1,250,000.00) dated as of ______________. (e)...
Subordinated Debt Agreement any agreement (including any Borrower Indenture) pursuant to which any Subordinated Debt is issued.
Subordinated Debt Agreement means the Subordinated Loan And Security Agreement between the Borrower and The HillStreet Fund, L.P. relating to the Subordinated Debt.