Subordinated Loan Notes definition

Subordinated Loan Notes means any and all senior subordinated notes issued from time to time to Subordinated Lenders to evidence repayment of the Subordinated Indebtedness.
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Subordinated Loan Notes means the following loan agreements and promissory notes entered into between inter alia Herbata, as borrower, and MC Limited: (a) Loan Agreement and Promissory Note, dated March 13, 2023, in the original principal amount of €500,000, as amended by way of Loan Agreement Addendums, dated October 25, 2023, and February 2, 2024; (b) Loan Agreement and Promissory Note, dated May 8, 2023, in the original principal amount of €500,000, as amended by way of Loan Agreement Addendums, dated October 25, 2023, and February 2, 2024; (c) Loan Agreement and Promissory Note, dated June 29, 2023, in the original principal amount of €500,000, as amended by way of Loan Agreement Addendums, dated October 25, 2023, and February 2, 2024; (d) Loan Agreement and Promissory Note, dated September 18, 2023, in the original principal amount of €1,500,000, as amended by way of Loan Agreement Addendums, dated November 16, 2023, and February 5, 2024; and (e) Amended and Restated Loan Agreement, dated April 9, 2024, in the original additional principal amount of €2,000,000.
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Subordinated Loan Notes means each promissory note issued under the Subordinated Loan Agreement evidencing the loans made pursuant to the term thereof, as from time to time renewed, extended, amended, supplemented, or restated, and any agreements representing the refinancing, replacement, or substitution in whole or in part thereof.
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Examples of Subordinated Loan Notes in a sentence

  • The original New Subordinated Loan Notes delivered to a Security Agent and duly endorsed in favor of such Security Agent.

  • The Principal Borrower shall procure that all proceeds of subscription for shares in the Principal Borrower and the Subordinated Loan Notes shall be paid into the Receiving Bank Account and shall not be paid out of such Receiving Bank Account without the consent of the Agent which consent shall be given so long as the purpose for which any request to withdraw funds from such account is made is one of those set out in Clause 3.2 (Purpose: The Share Purchase Term Facilities).

  • Net Worth is not less than £[220,000,000] plus [Insert aggregate figure from 2(c) and (d)] and as at [Insert Date] Consolidated Net Borrowings (excluding the Subordinated Loan Notes) did not exceed 35% of Consolidated Tangible Net Worth.

  • The Account Party shall not redeem the Subordinated Loan Notes (in full or in part) during the term of the Facility.

  • The original New Subordinated Loan Notes delivered to a Security Agent and duly endorsed in favour of such Security Agent.


More Definitions of Subordinated Loan Notes

Subordinated Loan Notes means loan notes which are issued by the Borrower to persons accepting an Offer:
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Subordinated Loan Notes means those classes of Loan Notes which rank junior in priority to another class of Loan Notes; Subsequent Offer shall mean an offer made by the Transferor to assign or held on trust Receivables to or for the Receivables Trustee in accordance with clause 2.2 (Offer of Receivables) of the RSD; Subsequent Offer Date means the date on which the Transferor makes a Subsequent Offer in accordance with clause 2.2 (Offer of Receivables) of the RSD; Successor Cash Manager shall have the meaning specified in clause 43.3(b) (Loan Note Issuer No.1 to Act; Appointment of Successor) of the Security Trust Deed and Cash Management Agreement; Successor Servicer shall have the meaning specified in clause 11.3(b) (Receivables Trustee to Act; Appointment of Successor) of the Receivables Trust Deed and Servicing Agreement;
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Subordinated Loan Notes means the US$75,000,000 4.75 per cent. Convertible Subordinated Notes due June 2003 issued by the Parent on 20th May, 1998.
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