Subordinated Parties definition

Subordinated Parties collectively, the Cash Management Banks and Qualified Counterparties, solely in such capacities and with respect to Subordinated Obligations.

Subordinated Parties means the Owner Lessor and the Owner Participant in their capacity as holders of the Subordinated Claims.

Subordinated Parties means, collectively, the Subordinated Creditors and Collateral Agent.

Examples of Subordinated Parties in a sentence

• At any time after the date hereof, if any Person constituting a Specified RCF Guarantor provides a Subsidiary Notes Guarantee or otherwise becomes obligated to the Subordinated Parties in respect of the Subordinated Obligations, such Person shall, concurrent with the provision of such Subsidiary Notes Guarantee or otherwise incurring such obligations, execute and deliver a joinder to this Agreement in substantially the form attached as Exhibit A hereto.

• This Agreement represents the agreement of the Obligors, the Subordinated Parties and the Senior Parties with respect to the subject matter hereof and there are no promises or representations by the Obligors, the Subordinated Parties or the Senior Parties relative to the subject matter hereof not reflected herein.

• The Borrower and each of the Subordinated Parties acknowledges that it will receive direct and indirect benefits from the financing arrangements contemplated by the Credit Agreement and that the waiver set forth in this paragraph is knowingly made in contemplation of such benefits.

• Notwithstanding the foregoing, the Subordinated Parties may raise objections to any Disposition of Collateral that could be raised in an Insolvency Proceeding by unsecured creditors generally so long as not otherwise inconsistent with the terms of this Security Agreement.

• This Agreement shall be binding upon the successors and assigns of the Obligors and the Subordinated Parties and shall inure to the benefit of the Senior Parties and their respective successors and assigns.

More Definitions of Subordinated Parties

Subordinated Parties means the Subordinated Lender.

Subordinated Parties means, collectively, the Subordinated Agents and the Subordinated Lenders and “Subordinated Party” shall mean any one of them individually;

Subordinated Parties means the holders from time to time of the Subordinated Obligations, including any transferee or assignee of any such holder.

Subordinated Parties means the Loan Parties and the Affiliates of the Loan Parties at any time party to this Agreement, in each case, in their capacity as holders of any loan or advance made to any Loan Party.

Subordinated Parties means collectively the Guarantors, the Assignor and any other person designated as a Subordinated Party in a Transaction Document.

Subordinated Parties has the meaning given to it in the Sponsor Support Agreement.

Subordinated Parties is defined in Section 2.1 hereof.