Subordination Statement definition

Subordination Statement means a statement of subordination acceptable to the Bond Trustee executed by the relevant creditor and made in favour of the Bond Trustee in respect of Subordinated Loans, Subordinated Seller Credits or Subordinated Earn-Out Agreements (whichever is applicable) confirming that the relevant subordinated instrument is subordinated as contemplated by these Bond Terms.
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Subordination Statement means a statement from the relevant creditor to the Bond Trustee (in form and substance satisfactory to the Bond Trustee) to be entered into in respect of any Subordinated Loan and any intra-group loan granted by any Group Company to an Obligor.
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Subordination Statement means any agreement or statement pursuant to which a Subordinated Loan is subordinated.
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Examples of Subordination Statement in a sentence

  • The Lenders will, subject to the Swap Banks Subordination Statement allow the Swap Banks to participate in the Security Documents on a subordinated basis.

  • The Intermediate Parent shall procure that the Sterna RCF is subject to the Sterna Subordination Statement on terms satisfactory to the Agent.

  • It may not be able to reach a carve-out agreement with Vistar or Firestone if either or both of them hold Allowed Secured Claims, but Vistar signed a Subordination Statement and the value of the potential Firestone Collateral is small.

  • Collectively, the Assignment of Earnings, dated as of the Norwegian Closing Date, executed by the Target in favor of the Agent, the Factoring Agreement, dated as of the Norwegian Closing Date, executed by the Target in favor of the Agent, and the Subordination Statement, dated as of the Norwegian Closing Date, executed by the Target in favor of the Agent.

  • On July 27, 2009, the Bankruptcy Court entered the Order Granting Motion of the On August 4, 2008 , the Notice of (I) Entry of Order Confirming Second Amended Joint Chapter 11 Plan of Liquidation of the Debtors and the Official Committee of Unsecured Creditors Dated as of April 23, 2008 (II) Effective Date and (III) Bar Dates for Administrative Claims, Professional Fee Claims, Subordination Statement, and Rejection Damage Claims (the “Notice of Effective Date”) was filed (D.I. 8705).


More Definitions of Subordination Statement

Subordination Statement means the pleading that a Holder of a Class HC3b Claim must file with the Bankruptcy Court no later than thirty (30) days after the Effective Date in order to assert that such Holder holds a Senior Class HC3b Claim, which pleading must describe with specificity the legal and factual basis for establishing that such Holder holds a Senior Class HC3b Claim and, therefore, is entitled to the benefits of subordination as set forth in the Capital Trust Indentures.
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Subordination Statement means a subordination statement in form and substance acceptable to all Lenders, to be entered into between Sterna Finance Ltd. (as lender under the Sterna RCF) and the Facility Agent (on behalf of the Finance Parties), pursuant to which Sterna Finance Ltd. irrevocably fully subordinates its rights and claims against the Intermediate Parent to the rights and claims of the Finance Parties under the Finance Documents.
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Subordination Statement means a statement of subordination executed by the relevant creditor and made in favour of the Bond Trustee in respect of Subordinated Loans confirming that the relevant subordinated instrument is subordinated as contemplated by the terms of this Term Sheet.
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Subordination Statement means the pleading that a Holder of a Class 1C(1) or 2C(1) Claim must file with the Bankruptcy Court no later than thirty (30) days after the Effective Date in order to assert that such Holder holds a Senior Unsecured Claim, which pleading must describe with specificity the legal and factual basis for establishing that such Holder holds a Senior Unsecured Claim and, therefore, is entitled to the benefits of subordination as set forth in the applicable Subordinated Trust Preferred Indenture(s).
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Related to Subordination Statement

  • Termination statement means an amendment of a financing statement which:

  • Distribution Statement has the meaning set forth in Section 5.02(c) of the Trust Agreement.

  • Consent Solicitation Statement means the consent solicitation statement included as part of the Registration Statement with respect to the solicitation by the Company of the Company Stockholder Approval.

  • Information Statement means the information statement to be made available to the holders of Parent Shares in connection with the Distribution, as such information statement may be amended or supplemented from time to time prior to the Distribution.

  • Allocation Statement has the meaning set forth in Section 2.5(a).

  • Completion Statement has the meaning set out in clause 6.1;

  • Continuation statement means an amendment of a financing statement which:

  • New Registration Statement has the meaning set forth in Section 2(a).

  • Remainder Registration Statement has the meaning set forth in Section 2(a).

  • Special Registration Statement means (i) a registration statement relating to any employee benefit plan or (ii) with respect to any corporate reorganization or transaction under Rule 145 of the Securities Act, any registration statements related to the issuance or resale of securities issued in such a transaction or (iii) a registration related to stock issued upon conversion of debt securities.

  • Additional Registration Statement means a registration statement or registration statements of the Company filed under the 1933 Act covering any Additional Registrable Securities.

  • Initial Registration Statement means the initial Registration Statement filed pursuant to this Agreement.

  • Automatic Shelf Registration Statement means an “automatic shelf registration statement” as defined in Rule 405 promulgated under the Securities Act.

  • Interim Prospectus Supplement means the prospectus supplement relating to the Shares prepared and filed pursuant to Rule 424(b) from time to time as provided by Section 4(x) of this Agreement.

  • 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;

  • Initial Shelf Registration Statement has the meaning set forth in Section 2(a) hereof.

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

  • Rule 462(b) Registration Statement means a registration statement and any amendments thereto filed pursuant to Rule 462(b) relating to the offering covered by the registration statement referred to in Section 1(a) hereof.

  • Resale Shelf Registration Statement shall have the meaning given in subsection 2.3.1.

  • Form S-4 Registration Statement means the registration statement on Form S-4 to be filed with the SEC by Parent in connection with issuance of Parent Common Stock in the Merger, as said registration statement may be amended prior to the time it is declared effective by the SEC.

  • 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.

  • Additional Senior Debt Documents means, with respect to any series, issue or class of Additional Senior Debt, the promissory notes, indentures, Collateral Documents or other operative agreements evidencing or governing such Indebtedness, including the Senior Collateral Documents.

  • Subordinated Debt Documents means any documents evidencing and/or securing Debt governed by a Subordination Agreement, all of which documents must be in form and substance acceptable to Agent in its sole discretion. As of the Closing Date, there are no Subordinated Debt Documents.

  • Original Registration Statement. As used in this Agreement, the terms “amendment” or “supplement” when applied to the Registration Statement or the Prospectus shall be deemed to include the filing by the Company with the Commission of any document under the Exchange Act after the date hereof that is or is deemed to be incorporated therein by reference. All references in this Agreement to financial statements and schedules and other information which is “contained,” “included” or “stated” in the Registration Statement or the Prospectus (and all other references of like import) shall be deemed to mean and include all such financial statements and schedules and other information which is or is deemed to be incorporated by reference in or otherwise deemed under the Securities Act to be a part of or included in the Registration Statement or the Prospectus, as the case may be, as of any specified date; and all references in this Agreement to amendments or supplements to the Registration Statement or the Prospectus shall be deemed to mean and include, without limitation, the filing of any document under the Exchange Act which is or is deemed to be incorporated by reference in or otherwise deemed under the Securities Act to be a part of or included in the Registration Statement or the Prospectus, as the case may be, as of any specified date. At the time the Registration Statement was or will be originally declared effective and at the time the Company’s most recent annual report on Form 10-K was filed with the Commission, if later, the Company met the then-applicable requirements for use of Form S-3 under the Securities Act. During the Agency Period, each time the Company files an annual report on Form 10-K the Company will meet the then-applicable requirements for use of Form S-3 under the Securities Act.

  • Demand Registration Statement has the meaning set forth in Section 2.01(a).

  • Subsequent Shelf Registration Statement has the meaning set forth in Section 2(b) hereof.