Subordinating Creditor definition

Subordinating Creditor any creditor of the Borrower which has executed a Subordination Agreement.
Subordinating Creditor means the persons set forth on the Schedule.
Subordinating Creditor has the meaning set forth in the Schedule.

Examples of Subordinating Creditor in a sentence

  • The Subordinating Creditor further waives any and all rights with respect to marshalling.

  • Borrower shall provide to each Guarantor and Subordinating Creditor a copy of each notice, statement or report required to be given to Lender hereunder.

  • FINOVA and each Subordinating Creditor shall have entered into a Subordination Agreement, in form and substance satisfactory to FINOVA.

  • The Subordinating Creditor will not take or omit to take any action or assert any claim with respect to the Subordinated Debt or otherwise which is inconsistent with the provisions of this Agreement.

  • Lender shall have the right at any time to give any Guarantor or Subordinating Creditor notice of any fact or event relating to this Agreement, as Lender may deem necessary or desirable in Lender's sole discretion, including, without limitation, Borrower's financial condition.


More Definitions of Subordinating Creditor

Subordinating Creditor means any party hereafter executing a Subordination Agreement.
Subordinating Creditor shall have the meaning set forth in the preamble hereto and shall include all of its successors and permitted assigns.
Subordinating Creditor. See Preamble.
Subordinating Creditor and "Subordinating Creditors" shall mean any officer, director or shareholder of the Borrower to whom the Borrower is indebted.
Subordinating Creditor means collectively, the persons and entities listed on Schedule 1 as Subordinating Creditor.
Subordinating Creditor. Neptune and Deja Plus High Yield Income Fund, LLC, a Delaware limited liability company.
Subordinating Creditor each of Brody Enterprises and TonerType of Florida, LLC.