Examples of Subordinated Lender in a sentence
Any interest accruing under this Clause 5.2 shall become due by the Issuer on demand by the Subordinated Lender but shall only be paid in accordance with the applicable Order of Priority, provided sufficient funds are available.
All consents, licenses, authorisations, approvals, exemptions of or registrations or filings with any person (including, without limitation, shareholders or creditors of the Issuer), commission, board, agency, court or other Governmental Authority necessary in connection with the valid execution, delivery, performance, validity and enforceability of this Agreement by or against the Issuer have been obtained or effected and certified copies thereof have been provided to the Subordinated Lender.
The Issuer will be entitled (to the extent permitted by applicable law) to disclose to any tax authority any information relating to the Subordinated Lender, this Agreement and the Transaction Documents required for the purposes of FATCA or any other Tax Information Arrangement, including (without limitation) any information, representations, certifications, waivers and forms provided pursuant to this Clause 5.3(b).
Each Security Trustee shall be entitled to accept without enquiry, and shall not be obliged to investigate, such right and title as Borrower or any Subordinated Lender may have to any of the Charged Property and shall not be liable for or bound to require Borrower or any Subordinated Lender to remedy any defect in its right or title.
Lender shall indemnify and reimburse the Security Trustees, to the extent that the Security Trustees are not indemnified and reimbursed by Borrower or any Subordinated Lender or any third party, against and for all and any losses referred to in Section 38.27 (Indemnification of Security Trustees out of the Security).