Subordinated Interests definition

Subordinated Interests is defined in Section 7.
Subordinated Interests means any Claim against any Debtor subject to
Subordinated Interests means those Interests of the Manager and certain other parties admitted by the Manager, in its sole discretion, which Interests are subordinate, as otherwise described in this Agreement, to the Preferred Interests held by the Preferred Members.

Examples of Subordinated Interests in a sentence

  • Upon the delivery of the items listed in clauses (a) through (d) above, the existing Exchangeable Company Interest and the applicable Series Subordinated Interests, as the case may be, shall be deemed cancelled, the Trustee shall issue the applicable Series of Investor Certificates, dated the Exchange Date, and the applicable Series Subordinated Interests and the new Exchangeable Company Interest shall be deemed duly created, in each case as provided above.

  • Upon the delivery of the items listed in clauses (a) through (f) above, the existing Exchangeable Company Interest and the applicable Series Subordinated Interests, as the case may be, shall be deemed adjusted as of the Exchange Date, and the new Series Subordinated Interests, if any, shall be deemed duly created as of the Exchange Date, in each case as provided above.

  • The Company hereby agrees to maintain ownership of the Series 2000-1 Subordinated Interests, subject to increase or decrease during the Series 2000-1 Revolving Period, in accordance with Section 2.05 or Section 2.07 (as applicable).

  • Subordinated Members shall not make any Capital Contributions to the Company for their respective Subordinated Interests.

  • CompuCom represents to Administrative Secured Party that no other security interests, liens, financing statements or other encumbrances exist or shall be allowed to exist with respect to any of the Collateral, except the Permitted Subordinated Interests and perfected rights, if any, in returned inventory in favor of any Person who is a seller of inventory to CompuCom, existing as of the Effective Date.


More Definitions of Subordinated Interests

Subordinated Interests means a class of Mortgage Securities that is subordinated to one or more other classes of Mortgage Securities, all of which classes share the same collateral.
Subordinated Interests means any Claim against any Debtor subject to subordination pursuant to section 510 of the Bankruptcy Code that existed immediately before the Effective Date.
Subordinated Interests means classes of MBS that are subordinated in right of payments of principal and interest to more senior classes.
Subordinated Interests means a class of Mortgage-Backed Securities that is subordinated to one or more other classes of Mortgage-Backed Securities, all of which classes share the same collateral.
Subordinated Interests means the Fixed Rate Certificates, the Reserve Regular Interest, the YSA Regular Interest, and the Interest Only Certificates.
Subordinated Interests shall have the meaning specified in the Indenture.
Subordinated Interests means rated and unrated interests in public and private commercial mortgage backed securities.