Subordinated Loan Agreement definition

Subordinated Loan Agreement means any loan agreement made or to be made between (i) any Borrower and (ii) a Subordinated Creditor.

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.

Subordinated Loan Agreement means each subordinated loan agreement entered into between a Subordinated Lender and the Guarantor;

Examples of Subordinated Loan Agreement in a sentence

• Each Subordinated Loan shall be subject to the terms and conditions set forth herein and in the Subordinated Loan Agreement.

• The Servicer shall make all appropriate record keeping entries with respect to any amounts outstanding under the Subordinated Loan Agreement as in effect and outstanding on each Payment Date, to reflect payments and credits made (or deemed made) pursuant to Section 3.3, and absent manifest error, such entries shall constitute prima facie evidence of the accuracy of the information so entered.

• If the Buyer and the Servicer have entered into a Subordinated Loan Agreement, each Originator acknowledges and agrees that it has received a copy of the Subordinated Loan Agreement and agrees to be bound by, and to comply with, all the terms of the Subordinated Loan Agreement, including, without limitation, the subordination provisions set forth therein.

• Each Originator further agrees that notwithstanding any provisions contained in this Agreement to the contrary, the Buyer shall not pay any amount to such Originator in respect of any Subordinated Loan, any Subordinated Loan Agreement or otherwise pursuant to this Agreement unless the Buyer has received funds which may, subject to Section 3.01 of the Receivables Purchase Agreement, be used to make such payment or are not limited to as to use.

• Each Originator further agrees that notwithstanding any provisions contained in this Agreement to the contrary, the Buyer shall not -34- pay any amount to such Originator in respect of any Subordinated Loan, any Subordinated Loan Agreement or otherwise pursuant to this Agreement unless the Buyer has received funds which may, subject to Section 3.01 of the Receivables Purchase Agreement, be used to make such payment.

More Definitions of Subordinated Loan Agreement

Subordinated Loan Agreement means the subordinated loan agreement entered into between the Subordinated Lender and the Guarantor.

Subordinated Loan Agreement means each subordinated loan agreement entered into on 20 May 2013 between a Subordinated Lender and the Guarantor.

Subordinated Loan Agreement is that certain Subordinated Loan and Security Agreement dated as of even date herewith, between Borrower and Bank, as amended and in effect.

Subordinated Loan Agreement means that certain Junior Loan and Security Agreement, dated as of December 5, 2008 among DTAC, as borrower, the Persons party thereto as “Lenders”, DTCC, as servicer and Xxxxx Fargo Bank, National Association, as collateral agent, as amended, restated, supplemented or otherwise modified from time to time.

Subordinated Loan Agreement means the subordinated loan agreement dated as of July 13, 2016 between the Subordinated Lender and the Issuer, as the same may be amended, supplemented, restated, replaced or otherwise modified from time to time.

Subordinated Loan Agreement means that certain Subordinated Loan and Security Agreement, amended and restated as of July 23, 2004, among Specialty Underwriters’ Alliance, Inc., as borrower, Cxxxxxxx Xxxxx, Pxxxx Xxxxxx, Wxxxxxx Xxxxx and Gxxx Xxxxxxxx, as subordinated lenders, and the Senior Lenders, as senior lenders to the Company, for the purpose of receiving the rights and benefits created by Sections 2.02(d) and 2.09 thereof.

Subordinated Loan Agreement has the meaning set forth in the recitals to this Agreement.