Subordinated Facility definition

Subordinated Facility means the Subordinated Indenture, the other Note Documents (as defined therein) and the transactions contemplated thereunder

Subordinated Facility means either of (i) senior subordinated unsecured notes of the Company issued in a public offering or Rule 144A private placement in the amount of One Hundred Seventy-Five Million Dollars ($175,000,000) or (ii) a subordinated credit facility in the amount of One Hundred Seventy-Five Million Dollars ($175,000,000).

Subordinated Facility means the Subordinated Indenture, the other Note Documents (as defined therein) and the transactions contemplated thereunder.

Examples of Subordinated Facility in a sentence

• Beginning on the sixth month following the date of issue, the notes issued under the Subordinated Facility will be redeemed in monthly increments of $75,000 including the monthly interest payments, with the balance due and payable on maturity.

• All debt (as hereinafter defined) of a Debtor under the Senior Facility Agreement is hereinafter referred to as "senior debt" and all debt (as hereinafter defined) of a Debtor under the Subordinated Facility Agreement is hereinafter referred to as "subordinated debt".

• All debt (as hereinafter defined) under the Senior Facility Agreement is hereinafter referred to as "senior debt" and all debt (as hereinafter defined) under the Subordinated Facility Agreement is hereinafter referred to as "subordinated debt".

• On September 26, 2016, the remaining principal portion of the Subordinated Facility of $0.7 million was repaid in full.

• Security was provided by a second charge on all material assets, other than real property assets, of the Company and its subsidiaries, equal to that of the existing Subordinated Facility, behind the existing first charge RCM Credit Agreement.

More Definitions of Subordinated Facility

Subordinated Facility means the facility made available pursuant to the Subordinated Facility Agreement.

Subordinated Facility means the £300 million subordinated term loan facility deed dated

Subordinated Facility means that certain Subordinated Credit Agreement dated as of the date hereof by and between the Borrower and Trilon (Luxembourg) S.A.R.L., an Affiliate of Brookfield Asset Management, Inc., as the same may be amended, restated, modified, supplemented, extended, renewed, refunded, replaced or refinanced from time to time pursuant to one or more agreements under which Brookfield Asset Management, Inc. and/or any of its Affiliates are the only lenders, in each case as and to the extent permitted by the Loan Documents.

Subordinated Facility means the Company's $25 million Senior Subordinated Credit Facility, dated March 31, 1999.

Subordinated Facility as defined in the Preamble hereto.

Subordinated Facility means the term loan facility granted to the Borrower in accordance with Clause 2.1(b) (Grant of the Facilities).

Subordinated Facility the credit facility provided pursuant to the Bridge Financing Agreement, dated as of October 15, 1998, among Windx Xxxx, Xxldings, Pet Food Funding, Inc. and The Chase Manhattan Bank.