Subordination Acknowledgement definition

Subordination Acknowledgement means in respect of each Aircraft Lease, a document in form and substance reasonably acceptable to the Agent under which, amongst other matters, the lessee of such Aircraft Lease acknowledges the interest of the Agent in the Aircraft included as Aircraft Collateral and agrees that its Aircraft Lease is subject and subordinate to the Other Documents.
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Subordination Acknowledgement means in respect of each Disclosed Sublease, a document in form and substance reasonably acceptable to the Collateral Agent under which, amongst other matters, each relevant Disclosed Sublessee acknowledges the interest of the Collateral Agent in the Aircraft included as Aircraft Collateral and agrees that its Disclosed Sublease is subject and subordinate to the Loan Documents.
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Subordination Acknowledgement means each acknowledgement issued or to be issued by a Sub-Sub-Lessee to a Lessee as contemplated and required pursuant to paragraph 3.1.2 of Schedule 8;
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Examples of Subordination Acknowledgement in a sentence

  • Problem: Operation Difficulties Cause 1: Insufficient sealant in the valveSolution: The lack of sufficient sealant to adequately fill and pressurize the sealant system is the most common problem associated with a valve being hard to operate.

  • General Security Agreement and Subordination Acknowledgement (GIA) with Labrador Transco and Muskrat in which Labrador Transco transfers and assigns to Muskrat and the Corporation and grants to Muskrat and the Corporation a security interest in Labrador Transco’s interest in the LTA and the GIA as security for Losses of Muskrat and the Corporation which may arise from a Labrador Transco Material Default.

  • General Security Agreement and Subordination Acknowledgement (GIA) with Labrador Transco and NLH in which Labrador Transco transfers and assigns to NLH and the Corporation and grants to NLH and the Corporation a security interest in Labrador Transco’s interest in the LTA and the GIA as security for Losses of the Corporation and NLH which may arise from a Labrador Transco Material Default.

  • Opco Security Agreement and Subordination Acknowledgement (LIL Lease) with NLH in which Opco transfers and assigns to NLH the LIL Lease, and grants NLH a security interest in the LIL Lease as security for the ability of NLH to exercise its rights under the LIL Remedies Agreement.

  • General Security Agreement and Subordination Acknowledgement (PPA) with Muskrat in which Muskrat transfers and assigns to the Corporation and grants to the Corporation a security interest in the Muskrat’s interest in the MF Plant and the PPA as security for Losses of the Corporation which may arise from a Muskrat Material Default.

  • National reference surveys on population living conditions (EPCV), reference surveys on employment, national accounts, analyses of the results of the general census of the population (2013), will be used to monitor progress.


More Definitions of Subordination Acknowledgement

Subordination Acknowledgement has the meaning ascribed to it in clause 3.1 of Schedule 13 (Core Lease Provisions) of the Facility Agreement.
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Related to Subordination Acknowledgement

  • Subordination Agreement means any subordination or intercreditor agreement(s) entered into with respect to any subordinate financing related to the Project, as the same may be amended, supplemented or restated.

  • Subordination Agreements means all subordination agreements executed by a holder of Subordinated Debt in favor of the Administrative Agent and the Lenders from time to time after the Closing Date.

  • Intercompany Subordination Agreement means an intercompany subordination agreement, dated as of even date with the Agreement, executed and delivered by Borrower, each of its Subsidiaries, and Agent, the form and substance of which is reasonably satisfactory to Agent.

  • Order Acknowledgement means the date when Voip Unlimited sends the customer an order acknowledgement email to the technical and order contact as specified on the Service order form or Customer requirement form.

  • Management Fee Subordination Agreement means that certain Amended and Restated Management Fee Subordination Agreement, dated as of the Closing Date, by and between the Sponsor and Agent and acknowledged by the Borrower.

  • Affiliate Subordination Agreement means an Affiliate Subordination Agreement substantially in the form of Exhibit C pursuant to which intercompany obligations and advances owed by any Loan Party are subordinated to the Obligations.

  • Acknowledgment Agreement The document, substantially in the form of Exhibit B, to be executed by the Owner and the Servicer on or prior to each Closing Date which document shall amend the Mortgage Loan Schedule attached as Exhibit A hereto to reflect the addition of Mortgage Loans to such Exhibit A and which document reflects the addition of Mortgage Loans which are subject to the terms and conditions of this Agreement.

  • Subordination The provisions described in Section 4.05 relating to the allocation of Realized Losses.

  • Subordination Provisions has the meaning specified in Section 8.01(l).

  • Acknowledgement of Receipt means the procedure by which, on receipt of a Message, the logical presentation or form are checked, and a corresponding acknowledgement or rejection is sent by the receiver;

  • Functional Acknowledgement means an acknowledgement Message by the receiving party’s computer software application which automatically confirms the receipt of a Message at the moment of receipt;

  • Acknowledgement has the meaning set forth in Section 4.3(B).

  • Customary Intercreditor Agreement means (a) to the extent executed in connection with the Incurrence of secured Indebtedness Incurred by a Credit Party, the Liens on the Collateral securing which are intended to rank equal in priority to the Liens on the Collateral securing the Obligations (but without regard to the control of remedies), at the option of the Borrower and the Collateral Agent acting together in good faith, either (i) any intercreditor agreement substantially in the form of the Equal Priority Intercreditor Agreement or (ii) a customary intercreditor agreement in form and substance reasonably acceptable to the Collateral Agent and the Borrower, which agreement shall provide that the Liens on the Collateral securing such Indebtedness shall rank equal in priority to the Liens on the Collateral securing the Obligations (but without regard to the control of remedies) and (b) to the extent executed in connection with the Incurrence of secured Indebtedness Incurred by a Credit Party, the Liens on the Collateral securing which are intended to rank junior in priority to the Liens on the Collateral securing the Obligations, at the option of the Borrower and the Collateral Agent acting together in good faith, either (i) an intercreditor agreement substantially in the form of the Junior Priority Intercreditor Agreement or (ii) a customary intercreditor agreement in form and substance reasonably acceptable to the Collateral Agent and the Borrower, which agreement shall provide that the Liens on the Collateral securing such Indebtedness shall rank junior in priority to the Liens on the Collateral securing the Obligations.

  • Bailee Agreement means a Bailee Agreement among Seller, Buyer and Bailee in the form of Exhibit IV hereto.

  • Second Lien Security Agreement means the Second Lien Security Agreement, dated as of the date hereof, among the Initial Borrower, the Parent Borrower, certain Subsidiaries of the Parent Borrower from time to time party thereto and the Second Lien Notes Collateral Agent, as amended, restated, waived, restructured, renewed, extended, supplemented or otherwise modified from time to time or as replaced in connection with any Refinancing, extension, refunding or replacement of the Second Lien Notes Indenture.

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

  • Reaffirmation Agreement means the Reaffirmation Agreement dated as of the Closing Date by the Borrower and the Guarantors to the Administrative Agent for the benefit of the Secured Parties.

  • Subordination Event means any one of the following events:

  • Farm-Out Agreement means a Farm-In Agreement, viewed from the standpoint of the party that transfers an ownership interest to another.

  • Existing Intercreditor Agreement means the existing intercreditor agreement dated 11 May 2007 (as amended by a letter dated 21 June 2007 and a further letter dated 29 June 2007, as amended and restated on 5 November 2009 and as further amended on 5 November 2010) between, inter alia, Beverage Packaging Holdings (Luxembourg) I S.A., Rank Group Holdings Limited (now Xxxxxxxx Group Holdings Limited), Beverage Packaging Holdings (Luxembourg) II S.A., Beverage Packaging Holdings (Luxembourg) III S.à x.x., Credit Suisse AG (formerly Credit Suisse) as security trustee and others.

  • Collateral Assignment Agreement has the meaning set forth in Section 9.05.

  • Assignment of Management Agreement means the Assignment of Management Agreement and Subordination of Management Fees, dated the same date as this Loan Agreement, among Borrower, Lender and Property Manager, including all schedules, riders, allonges and addenda, as such Assignment of Management Agreement may be amended from time to time, and any future Assignment of Management Agreement and Subordination of Management Fees executed in accordance with Section 6.09(d).

  • Subordinated Loan Agreement means a binding agreement with a Subordinated Debt Provider providing unsecured debt financing for the benefit of the Energy Complex and on terms and conditions that shall satisfy the requirements of the Financing Documents.

  • Acceptable Intercreditor Agreement means the Intercreditor Agreement, a Market Intercreditor Agreement, or another intercreditor agreement that is reasonably satisfactory to the Administrative Agent (which may, if applicable, consist of a payment “waterfall”).

  • Repayment Agreement means an agreement