Subordinated Indebtedness Document definition
Examples of Subordinated Indebtedness Document in a sentence
No present or future holder of Senior Indebtedness shall be prejudiced in its right to enforce subordination of any Subordinated Indebtedness or any Subordinated Indebtedness Document by any act or failure to act on the part of any Credit Party Obligor or by any act or failure to act, in good faith on the part of such holder or any trustee or agent for such holder.
Amend, modify, or waive any term or provision of any Subordinated Indebtedness Document.
No Note Party will amend, modify or change the terms of any Subordinated Indebtedness Document or the Sallyport Indebtedness Documents without the prior written consent of the Agent.
Each Loan Party acknowledges that Administrative Agent, each Lender and the L/C Issuer is entering into this Agreement and is extending its Commitments in reliance upon the subordination provisions of the Intercreditor Agreement or applicable Subordinated Indebtedness Document.
Affiliate Subordination Agreement No present or future holder of Senior Indebtedness shall be prejudiced in its right to enforce subordination of any Subordinated Indebtedness or any Subordinated Indebtedness Document by any act or failure to act on the part of any Credit Party Obligor or by any act or failure to act, in good faith on the part of such holder or any trustee or agent for such holder.
Holdings and Company have delivered to Administrative Agent complete and correct copies of (i) each Subordinated Indebtedness Document and of all exhibits and schedules thereto (if any), and (ii) copies of any material amendment, restatement, supplement or other modification to or waiver of each Subordinated Indebtedness Document.
To the extent requested by the Agent, a copy of each of the Senior Financing Documents, the Senior Subordinated Indebtedness Documents, the Junior Operating Subordinated Indebtedness Document and any and all other documents evidencing any vehicle financing provided to the Company and its Subsidiaries, in each case certified by a Responsible Officer as being a true and complete copy.
Prepay, redeem, purchase, defease or otherwise satisfy or obligate itself to do so prior to the scheduled maturity thereof in any manner (including by the exercise of any right of setoff), or make any payment, in each case, in violation of the applicable Subordinated Indebtedness Document.
Administrative Agent shall have received each Subordinated Indebtedness Document existing as of the Closing Date (if any), together with all exhibits and schedules thereto, and all amendments, modifications, supplements and waivers thereto, along with each applicable Subordination Agreement, in each case, certified by an Authorized Officer of Holdings as being true, correct and complete, and in form and substance reasonably satisfactory to Administrative Agent.
Where a substantial change in the roster is necessary, the Company will consult with the Employee with the intent of seeking mutual agreement for the roster change.