Examples of Subordinated Financing in a sentence
The Obligations are “Designated Senior Debt,” “Senior Debt,” “Senior Indebtedness,” “Guarantor Senior Debt” or “Senior Secured Financing” (or any comparable term) under, and as defined in, any Subordinated Financing Documentation in respect of Indebtedness that is subordinated in right of payment to the Obligations.
Section 11.05 Notices and Reports to Owners; Waiver of Notices................................
The principal terms of the Senior Subordinated Financing are summarized in the Term Sheet.
The Company and the Lender shall have entered into the Financing Documentation relating to the Senior Subordinated Financing and the transactions contemplated thereby, on terms and in form and substance reasonably satisfactory to the Lender.
Unless the Lender's commitment hereunder shall have been terminated pursuant to Section 6, the Lender or its affiliates shall have the exclusive right to provide the Senior Subordinated Financing or other mezzanine financing required in connection with the Transaction.