Subordinated Facility Agreement definition
Examples of Subordinated Facility Agreement in a sentence
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".
It shall not, except in respect of the Senior Notes and the debt created pursuant to the Issuer Subordinated Facility Agreement or any other financing as contemplated under the Issuer Transaction Documents and except if the creditor of such Financial Indebtedness is the Subordinated Lender, incur or permit to subsist any Financial Indebtedness of any other obligation of any person.
Debtor also is or may be indebted to Creditor pursuant to that certain Facility Agreement Letter dated January 9, 2002, between Debtor and Creditor ("Subordinated Facility Agreement").
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