Subordination Notice definition

Subordination Notice shall have the meaning specified in section 10.4. --------------------
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Subordination Notice has the meaning assigned to that term in Section 7.2.
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Subordination Notice shall have the meaning specified in section 1.4.
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Examples of Subordination Notice in a sentence

  • The holder or holders of Superior Indebtedness shall be obligated to give a Subordination Notice (as defined in section 1.4) to a holder of Subordinated Indebtedness other than the initial holders thereof only if the holder or holders of Superior Indebtedness shall have been furnished written notice of such other holder's address for purposes of this section 1.

  • For each day that Tenant fails to remit the Acknowledgment of Subordination, commencing on the fifth (5th) business day after Tenant’s receipt of the Second Subordination Notice, Tenant shall pay a late fee of One Hundred Dollars ($100) per day until the day on which Tenant remits the estoppel certificate as set forth herein.

  • The proof is based on two main lemmas that we prove in Appendix B.

  • Recommendation 2: an injured worker’s claim is measured against criteria to be developed to determine if it is, or is at risk of becoming, complex.

  • Immediately upon receipt by the Borrower of any ------ Subordination Notice pursuant to Section 3.02(b)(ii) hereof, the Borrower shall deliver to the Noteholders a copy of such notice.

  • Subordination, Notice to Lessors and Mortgagees ....................................................

  • Anything in this subparagraph (ii) to the contrary notwithstanding, Lender shall be entitled to receive all amounts then accrued and unpaid in respect of this Note immediately upon the termination of the Standstill Period unless another Subordination Notice shall have been received by the Lender.

  • I hereby acknowledge that I have received, read and understood the contents of the Subordination Notice.

  • ECELAW is conducting province-specific legal research, providing resources, starting community dialogue, creating strategic partnerships and developing campaign action plans.

  • Subject to the terms and conditions of this Agreement, the Purchaser hereby agrees to subscribe for and purchase from the Company, and the Company hereby agrees to issue and sell to Purchaser, an aggregate of 3,000,000 warrants (each a "Sponsor's Warrant") at a purchase price of $1.00 per Sponsor's Warrant for an aggregate purchase price of $3,000,000 on the Closing Date (as defined below).


More Definitions of Subordination Notice

Subordination Notice. OR "SUBORDINATION NOTICES" Any instrument, deed, memorandum, agreement, letter, notice, and any termination statement or other Uniform Commercial Code filing relating to any financing statement, or other document made for the purpose of being given to, or filed, recorded, or registered with, any Person to give notice (public or private) of this Agreement or any of the relative rights or priorities established by this Agreement or to give further necessary or appropriate legal effect to this Agreement and/or any of such relative rights or priorities, including any release or Uniform Commercial Code termination statement (UCC-3) with the effect of releasing, terminating or rendering unperfected any Lien that secures any Subordinate Creditor Obligations. "U.K. MORTGAGE DEBENTURES" Any Mortgage Debentures made by any Guarantor in favor of the Senior Creditor, and any amendments, supplements, and replacements as may be made thereto or therefor from time to time.
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Subordination Notice means the providing by the LENDER to the SUBORDINATING CREDITOR of written notice of the occurrence of a DEFAULT or an EVENT OF DEFAULT.
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Subordination Notice means the Notice of Objection to Insider Claims and Subordination of Such Claims (Docket No. 851).
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Subordination Notice shall have the meaning given to such term in -------------------- Section 3.02(b) hereof.
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Subordination Notice shall have the meaning set forth in Section 13.12 hereof.
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Subordination Notice shall have the meaning set forth in Section 4, SUBORDINATION OF PAYMENT UPON DEFAULT, below.
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Related to Subordination Notice

  • Collection Notice means a notice, in substantially the form of Annex A to Exhibit VI, from the Agent to a Collection Bank or any similar or analogous notice from the Agent to a Collection Bank.

  • Subordination Event means any one of the following events:

  • Subordination Period means the period commencing on the Closing Date and ending on the first to occur of the following dates:

  • Subordination Deed means a subordination deed entered into or to be entered into by, inter alia, each Subordinated Creditor and the Agent in agreed form;

  • Subordination Agreement means any subordination agreement in form and substance satisfactory to Administrative Agent entered into from time to time with respect to Subordinated Debt.

  • Confirmation Notice means a notice provided by the Issuer to an Investor in accordance with clause 1.3(c) of the Terms;

  • Extension Notice has the meaning specified in Section 308.

  • Designation Notice means a notice from any Lender or an Affiliate of a Lender substantially in the form of Exhibit I.

  • Secured Party Designation Notice means a notice from any Lender or an Affiliate of a Lender substantially in the form of Exhibit H.

  • Default Notice means the written notice of Default of the Agreement issued by one Party to the other.

  • Acceleration Notice shall have the meaning specified in Section 6.2.

  • Subordination Depletion Date The Distribution Date preceding the first Distribution Date on which the Class A Percentage (determined pursuant to clause (ii) of the definition thereof) equals or exceeds 100%.

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

  • Addition Notice With respect to the transfer of Subsequent Mortgage Loans to the Trust Fund pursuant to Section 2.08, a notice of the Depositor's designation of the Subsequent Mortgage Loans to be sold to the Trust Fund and the aggregate principal balance of such Subsequent Mortgage Loans as of the Subsequent Cut-off Date. The Addition Notice shall be given not later than three Business Days prior to the related Subsequent Transfer Date and shall be substantially in the form attached hereto as Exhibit P.

  • Consent Notice has the meaning set forth in Section 4.6(a).

  • Acquisition Notice has the meaning set forth in Section 2.5(a).

  • Subordination Increase Amount As to any Distribution Date, the lesser of (i) the Subordination Deficiency and (ii) the Excess Interest.

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

  • Subordination Reduction Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the Excess Subordinated Amount and (b) the Net Monthly Excess Cash Flow.

  • Subordination Agreements means, collectively, any subordination agreements entered into by any Person from time to time in favor of Agent in connection with any Subordinated Debt, the terms of which are acceptable to the Agent, in each case as the same may be amended, restated or otherwise modified from time to time, and “Subordination Agreement” shall mean any one of them.

  • Subsequent Financing Notice shall have the meaning ascribed to such term in Section 4.12(b).

  • Subordination Deficiency With respect to any Distribution Date, the excess, if any, of (a) the Specified Subordinated Amount applicable to such Distribution Date over (b) the Subordinated Amount applicable to such Distribution Date.

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • Non-Extension Notice has the meaning specified in Section 2.10.

  • Disposition Notice is defined in Section 5.2(a).

  • Preliminary Default Notice shall have the meaning ascribed thereto in Article 13 of this Agreement;