Subordination Notice definition

Subordination Notice shall have the meaning specified in section ------------- ------
Subordination Notice has the meaning assigned to that term in Section 7.2.
Subordination Notice shall have the meaning specified in Section 1.4.

Examples of Subordination Notice in a sentence

  • 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 Senior Lenders 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 Senior Lenders shall have been furnished written notice of such other holder's address for purposes of this section 1.

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

  • The provisions of this subparagraph b shall not apply to payments from or on behalf of Contacts received prior to receipt of the Subordination Notice by DBS and ATD.

  • 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.

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

  • 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.

  • Debtors shall be obligated to pay any applicable out-of-pocket fees, costs, expenses and taxes of filing or recording this Agreement and any other Subordination Notice or Lien Notice.

  • DBS and ATD each covenants that it will not exercise any Default Rights and Remedies (other than a demand for payment (which may be made at any time) or any action necessary to file a proof of debt upon the occurrence of an Insolvency Event) for a period of twelve (12) months after receipt of the Subordination Notice (the "Standstill Period") unless (i) an Insolvency Event occurs or (ii) the prior written consent of Lender is obtained.

  • Subordination, Notice to Lessors and Mortgagees.............................................15 8.


More Definitions of Subordination Notice

Subordination Notice shall have the meaning set forth in Section 13.12 hereof.
Subordination Notice means the Notice of Objection to Insider Claims and Subordination of Such Claims (Docket No. 851).
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.
Subordination Notice shall have the meaning set forth in Section 4, SUBORDINATION OF PAYMENT UPON DEFAULT, below.
Subordination Notice shall have the meaning given to such term in -------------------- Section 3.02(b) hereof.
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.

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.

  • 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 a subordination agreement executed by a holder of Subordinated Debt in favor of the Administrative Agent and the Lenders, in form and substance satisfactory to the Administrative Agent.

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