Subordinated Guaranties definition

Subordinated Guaranties means the guaranty agreements described on Schedule 1.1.(C).
Subordinated Guaranties means, with respect to the Company, all Guaranties of the Company which shall contain or have applicable thereto subordination provisions substantially identical in effect to those contained in Exhibit B hereof or such other provisions as may be approved in writing by the holders of not less than 66-2/3% in aggregate principal amount of the Notes of each series Outstanding.
Subordinated Guaranties means those certain Senior Subordinated Guaranties executed and delivered by the Borrower in favor of the trustee with respect to, and holders of, the Parent Subordinated Debt and pursuant to which the Borrower unconditionally guarantees the payment of the Parent Subordinated Debt, each in the form attached to Parent Indenture.

Examples of Subordinated Guaranties in a sentence

  • In the event of any conflict between the provisions of the Agreement and the provisions of any of the Loan Documents, the Senior Subordinated Notes, the Indenture, the Subordinated Guaranties, or any of the Subordinated Agreements, the provisions of this Agreement shall control.

  • All Obligations and all Specified Derivatives Obligations constitute (i) “Senior Debt” as defined in the Subordinated Guaranties and are entitled to the benefits of the subordination provisions contained therein and (ii) “Senior Debt” as defined in the Subordinated Facility and are entitled to the benefits of the subordination provisions contained therein.

  • The Agent shall have received a ----------------------- Subordinated Guaranty, duly executed by each Subordinated Guarantor, each of which Subordinated Guaranties shall be dated the Initial Funding Date.

  • To the extent not inconsistent with the preceding, this Agreement also shall be governed by and construed in accordance with the provisions of the Senior Subordinated Guaranties, which provisions are hereby incorporated by reference as if fully set forth herein, IN EACH CASE as if (a) each Pledgor were a "Guarantor", and (b) each Senior Subordinated Lender were a "Lender".

  • All initially capitalized terms used but not defined herein shall have the meanings ascribed thereto in each of the Subordinated Guaranties.

  • Make any payment in respect of principal of, or purchase, redeem or otherwise retire, any Subordinated Debt (including, without limitation, by the making of payments by Subsidiaries under Subordinated Guaranties) if a Default or an Event of Default at the time exists or would result therefrom or (ii) issue, create or incur any Subordinated Debt if a "Default" (as such term is defined in the NCNB Agreement) at the time exists or would result therefrom.

  • If at any time the Agent, the Senior Lenders or the Trustee, on behalf of the Senior Subordinated Noteholder should begin or resume to actively pursue the exercise of their Rights under the Loan Documents or the Indenture or the Subordinated Guaranties, including the conducting of a sale of any of the Collateral by the Agent or any Senior Lender, then the Investors shall again cease taking any actions permitted hereunder.

  • The Subordinated Guaranties shall not be subject to more than one Payment Blockage Period in any consecutive 360-day period, irrespective of the number of such nonpayment defaults with respect to Designated Senior Debt during such period.

  • Enter into any material amendment, waiver or modification of the Junior Subordinated Debentures, the Axxess Subordinated Notes, Axxess Long Term Subordinated Note, SunSource Long Term Subordinated Guaranty or the SunSource Subordinated Guaranties, or any related agreements.

  • Maintain, with respect to Borrowers on a consolidated basis, at all times at least $5,000,000 of Undrawn Availability (as calculated under Section 2.1(a)(y)) including, without limitation, after giving effect to any payments made under the Junior Subordinated Debentures, the Axxess Subordinated Notes, Axxess Long Term Subordinated Note, SunSource Long Term Subordinated Guaranty and the SunSource Subordinated Guaranties.


More Definitions of Subordinated Guaranties

Subordinated Guaranties means, collectively (i) that certain Senior Subordinated CapStar Guaranty dated as of December 13, 1996 executed by CapStar and (ii) that certain Senior Subordinated Affiliated Guaranty dated as of December 13, 1996 executed by the Loan Parties party thereto from time to time, as each guaranty may be amended, restated, supplemented or otherwise modified in accordance with the terms thereof and hereof."
Subordinated Guaranties means each "Subsidiary Guaranty" as such term is defined in the Senior Subordinated Note Indenture.
Subordinated Guaranties means those certain Guaranties, dated June 6, 1995, executed and delivered by each of Radio One of Maryland, Inc., a Delaware corporation, Radio One License, Inc., a District of Columbia corporation, and Radio One of Maryland License, Inc., a District of Columbia corporation, guaranteeing the payment and performance of the Existing Subordinated Notes and any other guarantees of any Loan Party guaranteeing the payment or performance of the Existing Subordinated Notes.
Subordinated Guaranties means all Guaranties of the Company which shall contain or have applicable thereto subordination provisions substantially identical in effect to those contained in Exhibit E hereof or such other provisions as may be approved in writing by the holders of not less than 66 2/3% in aggregate principal amount of the outstanding Notes (exclusive of Notes held by a Restricted Subsidiary or Affiliate).
Subordinated Guaranties means the unsecured guaranty or guaranties by the Subsidiary Guarantors of the Subordinated Notes.

Related to Subordinated Guaranties

  • Subsidiary Guaranties means the Domestic Subsidiary Guaranty and each Foreign Subsidiary Guaranty.

  • Guaranty Agreements means and includes the Guarantee of the Loan Parties provided for in Section 11, and any other guaranty agreement executed and delivered in order to guarantee the Obligations or any part thereof in form and substance reasonably acceptable to the Administrative Agent.

  • Subsidiary Guaranty Agreement means each unconditional guaranty agreement executed by the Subsidiary Guarantors in favor of the Administrative Agent for the ratable benefit of the Secured Parties, substantially in the form of Exhibit H, as amended, restated, supplemented or otherwise modified from time to time.

  • Guaranty Agreement means an agreement executed by the Guarantors in substantially the form of Exhibit F-2 unconditionally guarantying on a joint and several basis, payment of the Indebtedness, as the same may be amended, modified or supplemented from time to time.

  • Subordinated Debt Documents means any documents evidencing and/or securing Debt governed by a Subordination Agreement, all of which documents must be in form and substance acceptable to Agent in its sole discretion. As of the Closing Date, there are no Subordinated Debt Documents.

  • Guarantee Agreements means the Parent Guarantee Agreement and the Subsidiary Guarantee Agreement.

  • Subordinated Loan Documents means at any time the agreements and other documents then governing the Subordinated Indebtedness.

  • Subordinated Note Documents means the indenture under which the Subordinated Notes were issued and all other instruments, agreements and other documents evidencing or governing the Subordinated Notes or providing for any Guarantee or other right in respect thereof.

  • Guaranty means, with respect to any Person, any obligation (except the endorsement in the ordinary course of business of negotiable instruments for deposit or collection) of such Person guaranteeing or in effect guaranteeing any indebtedness, dividend or other obligation of any other Person in any manner, whether directly or indirectly, including (without limitation) obligations incurred through an agreement, contingent or otherwise, by such Person:

  • Subordinated Documents means the Subordinated Note and any and all other documents, agreements, writings or instruments executed in connection therewith or pursuant thereto, in each case, as in effect on the date hereof and as amended, modified, restated or Refinanced in accordance with the terms hereof.

  • Guaranties means the Company Guaranty and the Subsidiary Guaranty.

  • Subsidiary Guarantee Agreement means the Subsidiary Guarantee Agreement, substantially in the form of Exhibit D, made by the Subsidiary Loan Parties in favor of the Administrative Agent for the benefit of the Lenders.

  • Senior Subordinated Note Documents means the Senior Subordinated Notes, the Senior Subordinated Note Agreement, the Senior Subordinated Note Guarantees and all other documents executed and delivered with respect to the Senior Subordinated Notes or the Senior Subordinated Note Agreement.

  • Subordinated Indebtedness Documents means any document, agreement or instrument evidencing any Subordinated Indebtedness or entered into in connection with any Subordinated Indebtedness.

  • Subsidiary Guaranty is defined in Section 9.7(a).

  • Obligation Guaranty means any Guarantee of all or any portion of the Secured Obligations executed and delivered to the Administrative Agent for the benefit of the Secured Parties by a guarantor who is not a Loan Party.

  • Holdings Guaranty means the Holdings Guaranty made by Holdings in favor of the Administrative Agent on behalf of the Secured Parties, substantially in the form of Exhibit F.

  • Subordination Agreements means, collectively, any subordination agreements entered into by any Person from time to time in favor of Agent in connection with any Subordinated Debt, the terms of which are acceptable to the Agent, in each case as the same may be amended, restated or otherwise modified from time to time, and “Subordination Agreement” shall mean any one of them.

  • Subordinated Loan Agreement means the subordinated loan agreement dated on or about the Closing Date, as amended from time to time, and entered into by, amongst others, the Issuer, the Subordinated Lender and the Security Trustee, under which the Subordinated Lender will advance (or has advanced) the Subordinated Loan to the Issuer.

  • Second Lien Security Documents means the “Security Documents”, as defined in the Second Lien Credit Agreement, and any other agreement, document or instrument pursuant to which a Lien is granted to secure any Second Lien Obligations or under which rights or remedies with respect to any such Lien are governed.

  • Intercompany Subordination Agreement means an intercompany subordination agreement, dated as of even date with this Agreement, executed and delivered by each Loan Party and each of its Subsidiaries, and Agent, the form and substance of which is reasonably satisfactory to Agent.

  • Senior Debt Documents means (a) the Credit Agreement Loan Documents and (b) any Additional Senior Debt Documents.

  • Second Lien Note Documents means the Second Lien Note Indenture, the Second Lien Notes, the Second Lien Security Documents and each other document, instrument or agreement relating to the issuance of the Second Lien Notes, as the same may be amended, restated, supplemented, waived and/or otherwise modified from time to time in accordance with the terms thereof, of this Agreement and of the Intercreditor Agreement.

  • Subordinate Obligations means, collectively, the Subordinate Notes and any Other Subordinate Obligations.

  • Guarantor Documents means this Guaranty and all other certificates, documents, agreements and instruments delivered to any Guaranteed Party under or in connection with this Guaranty and the Loan Documents.

  • Debt Documents means, collectively, the Credit Agreement, the Designated Indebtedness Documents, any Hedging Agreement evidencing or relating to any Hedging Agreement Obligations and the Security Documents.