Subordinated Loan Obligations definition

Subordinated Loan Obligations means all principal, interest, fees, reimbursements, indemnifications, and other amounts or obligations now or hereafter owed or performable by the Subordinated Loan Parties under the Subordinated Loan Documents.
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Subordinated Loan Obligations means the “Obligations” as defined in the Subordinated Loan Credit Agreement.
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Subordinated Loan Obligations means all principal, interest, penalties, fees, indemnifications, reimbursements, damages and other liabilities payable under, and all other amounts of any nature whatsoever owing in respect of, pursuant to or in connection with, the Subordinated Loan Agreement, the Loan and any other documentation entered into in connection with or governing the Loan, including, without limitation, payment of the Loan (including, without limitation, upon the acceleration or redemption thereof), together with and including, without limitation, any amounts received or receivable upon the exercise of rights of rescission or other rights of action (including, without limitation, claims for damages) or otherwise. A "distribution" or "payment" may consist of a distribution, payment or other transfer of assets by or on behalf of the Borrower (including, without limitation, a redemption, repurchase or other acquisition of the Loan) from any source, of any kind or character, whether in cash, securities or other property, by set-off or otherwise.
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Examples of Subordinated Loan Obligations in a sentence

  • The dissolution of the Authority does not impair in any way the Tribe’s obligations with respect to the Subordinated Loan Obligations, for which the Tribe remains indebted without defense, offset or counterclaim.

  • Upon the occurrence of any Event of Default under Sections 7.1(e) or (f) ("Bankruptcy Event of Default"), the outstanding principal amount of the Notes, all accrued but unpaid interest thereon, and all other Subordinated Loan Obligations shall immediately and automatically become due and payable.

  • Prior to any payment default upon any maturity date or any acceleration of the Subordinated Loan Obligations, all payments made on the Subordinated Loan Obligations hereunder shall be applied to the Subordinated Loan Obligations as directed by the Borrower, subject to the rules regarding the application of payments to certain Indebtedness provided for hereunder and in the Subordinated Loan Documents.

  • In addition, close coordination with the Government of India (GoI) and Gavi partners will also be required to manage India’s transition from Gavi-funded to self-financed procurement.

  • If payment of the Loan or any Subordinated Loan Obligations is accelerated because of an event of default under the Subordinated Loan Agreement or otherwise, the Borrower and the Lender shall promptly notify SBC and any other holders of Senior Indebtedness of the acceleration.

  • The Borrower shall promptly notify the Lender and any agent for the Lender under the Subordinated Loan Agreement of any facts known to the Borrower that would cause a payment of any Subordinated Loan Obligations to violate this Agreement, but failure to give such notice shall not affect the subordination of the Loan to the Senior Indebtedness as provided in this Agreement and this Section 3.

  • Section 8 is amended by deleting each reference to the term "Junior Obligations" and replacing each such reference with the term "Senior Subordinated Loan Obligations".

  • During the existence of an Event of Default, the Majority Banks may declare by written notice to the Borrower that all Subordinated Loan Obligations (including the outstanding principal amount of the Advances and, to the fullest extent permitted by law, all accrued but unpaid interest thereon and all other Indebtedness) shall bear interest beginning on the date of occurrence of such Event of Default, until paid in full, at the applicable Default Rate, payable upon demand by the Subordinated Agent.

  • For the avoidance of doubt, at all times prior to such release, or to the extent any such release has not taken effect, all such other obligations, debts, or liabilities shall be Subordinated Loan Obligations for all purposes hereunder.

  • All mandatory prepayments shall be applied to the Subordinated Loan Obligations in accordance with Section 7.7. Mandatory prepayments of principal may not be reborrowed.

Related to Subordinated Loan Obligations

  • Loan Obligations means (a) the due and punctual payment by the Borrower of (i) the unpaid principal of and interest (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) on the Loans made to the Borrower under this Agreement, when and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise, (ii) each payment required to be made by the Borrower under this Agreement in respect of any Letter of Credit, when and as due, including payments in respect of reimbursement of disbursements, interest thereon (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) and obligations to provide Cash Collateral and (iii) all other monetary obligations of the Borrower owed under or pursuant to this Agreement and each other Loan Document, including obligations to pay fees, expense reimbursement obligations and indemnification obligations, whether primary, secondary, direct, contingent, fixed or otherwise (including monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), and (b) the due and punctual payment of all obligations of each other Loan Party under or pursuant to each of the Loan Documents.

  • Subordinated Loan has the meaning set forth in Section 1.2(a) of the Agreement.

  • Subordinated Loan Documents means at any time the agreements and other documents then governing the Subordinated Indebtedness.

  • Subordinated Loans means any loan incurred by the Issuer or any of its Subsidiaries, if such loan (i) according to its terms (or pursuant to a subordination agreement on terms and conditions satisfactory to the Trustee) is subordinated to the obligations of the Issuer under the Terms and Conditions; (ii) according to its terms have a final redemption date or, when applicable, early redemption dates or instalment dates which occur after the Final Redemption Date; and (iii) according to its terms yield only payment-in-kind interest.

  • 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.

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • Subordinate Obligations means, collectively, the Subordinate Notes and any Other Subordinate Obligations.

  • Loan obligation means a bond, note, or other evidence of an obligation issued by a qualified borrower.

  • Subordinated Lender means each Seller, in its capacity as subordinated lender pursuant to the relevant Subordinated Loan Agreement.

  • Subordinated Lenders means the holders of Subordinated Debt.

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • Senior Obligations is defined in Section 5.1 of this Agreement.

  • Junior Obligations means the Junior Obligations of the Guarantor and the Junior Obligations of the Issuer;

  • Subordinated Obligations has the meaning specified in Section 7.05.

  • DIP Obligations means “DIP Obligations” as defined in the DIP Order.

  • Subordinated Obligation means any Indebtedness of the Company (whether outstanding on the Issue Date or thereafter Incurred) which is expressly subordinate in right of payment to the Notes pursuant to a written agreement.

  • Finance Obligations means, at any date, (i) all Senior Credit Obligations, (ii) all Swap Obligations of a Loan Party permitted hereunder owed or owing to any Swap Creditor and (iii) all Cash Management Obligations.

  • Debt Obligations means any debt obligations issued or guaranteed by the Government of Japan.

  • Junior Obligation means the Shares, and any other class of the Issuer’s share capital and any instrument or other obligation (including without limitation any preference shares) issued or guaranteed by the Issuer that ranks or is expressed to rank junior to the Capital Securities by operation of law or contract.

  • Guarantor Subordinated Obligations means, with respect to a Subsidiary Guarantor, any Indebtedness of such Subsidiary Guarantor (whether outstanding on the Issue Date or thereafter Incurred) that is expressly subordinated in right of payment to the obligations of such Subsidiary Guarantor under its Subsidiary Guarantee pursuant to a written agreement.

  • Second Priority Debt Obligations means the Initial Second Priority Debt Obligations and, with respect to any series, issue or class of Second Priority Debt, (a) all principal of, and interest (including, without limitation, any interest which accrues after the commencement of any Bankruptcy Case, whether or not allowed or allowable as a claim in any such proceeding) payable with respect to, such Second Priority Debt, (b) all other amounts payable to the related Second Priority Debt Parties under the related Second Priority Debt Documents and (c) any renewals or extensions of the foregoing.

  • Subordinated Indebtedness Documents means any document, agreement or instrument evidencing any Subordinated Indebtedness or entered into in connection with any Subordinated Indebtedness.

  • Second Lien Loan Documents means the Second Lien Credit Agreement and the other “Loan Documents” under and as defined in the Second Lien Credit Agreement, as each such document may be amended, renewed, restated, supplemented or otherwise modified from time to time.

  • Subordinate Loan Documents means the Subordinate Note, the Subordinate Mortgage, and all other documents at any time evidencing, securing, guaranteeing, or otherwise delivered in connection with the Subordinate Indebtedness.

  • Credit Agreement Obligations means the “Obligations” as defined in the Credit Agreement.

  • First Lien Loan Documents means the “Loan Documents” as defined in the First Lien Credit Agreement.