Examples of Subordinated Loan Agreement in a sentence
All payment obligations of the Issuer under the Notes and the Subordinated Loan Agreement constitute limited recourse obligations to pay only the respective Available Distribution Amount which includes, inter alia, amounts received by the Issuer from the Purchased Receivables and under the Transaction Documents.
The Guarantor shall ensure that no amendment, variation, waiver or other change is made to its memorandum and articles of association or other constituent documents, the Servicing Agreement, the Option Agreement, the Subordinated Loan Agreement, or this Guarantee.
The Class A Cumulative Preferred Units outstanding immediately prior to the Merger were exchanged for Class A Cumulative Preferred Units created pursuant to the Unit Designation attached as Exhibit C hereto (the “Class A Preferred Unit Designation”) and Debt Securities under the Senior Subordinated Loan Agreement pursuant to Section 2.3(d) of the Merger Agreement.
A copy of such Article of the Senior Subordinated Loan Agreement will be furnished by the issuer to the holder hereof upon written request therefor by holder.
On the Closing Date, the Issuer will enter into a subordinated loan agreement (the Subordinated Loan Agreement) pursuant to which it will have received proceeds from the Subordinated Loan Provider for a principal amount of an amount in EUR equal to 1% of the Principal Amount Outstanding of the Notes on the Closing Date to be applied for funding the Reserve Fund.