Subsidiary Intercompany Notes definition

Subsidiary Intercompany Notes means the intercompany notes, subordinate (in accordance with the terms of this Indenture) in right of payment to all existing Indebtedness of the issuer (other than Indebtedness which by its terms is subordinate in right of payment to other Indebtedness of such issuer), issued by the Company or a Subsidiary of the Company in favor of the Company or a Subsidiary of the Company to evidence advances by the Company or a Subsidiary of the Company, in each case, in the form attached as Exhibit E to this Indenture.
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Subsidiary Intercompany Notes means the intercompany notes, subordinate (in accordance with the terms of this Indenture) in right of payment to all existing Indebtedness of the issuer (other than Indebtedness which by its terms is subordinate in right of payment to other Indebtedness of such issuer), issued by the Company or a Subsidiary of the Company in favor of the Company or a Subsidiary of the Company to evidence advances by the Company or a Subsidiary of the Company, in each case, in the form attached as Exhibit F to this Indenture.
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Subsidiary Intercompany Notes means the intercompany notes in favor of the Company issued by any Subsidiary that is not a Wholly Owned Subsidiary of the Company to evidence advances by the Company.
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Examples of Subsidiary Intercompany Notes in a sentence

  • All advances to Subsidiaries made by the Company from time to time after the date of this Indenture shall be evidenced by unsecured Subsidiary Intercompany Notes in favor of the Company that shall be pledged to the Trustee as Note Collateral to secure the Notes.

  • The Subsidiary Intercompany Notes shall be payable upon demand, shall bear interest at the same rate as the Senior Notes, or such higher rate as the Company may determine, and shall be secured by a first priority Lien on all of the assets of the Borrowing Subsidiary.

  • All advances to Subsidiaries made by the Company from time to time after the Issue Date, other than the MFH Capital Contributions, shall be evidenced by unsecured Subsidiary Intercompany Notes in favor of the Company that will be pledged to the Collateral Agent pursuant to the Pledge Agreement as Pledged Collateral to secure the Notes.

  • All advances to Subsidiaries made by the Company from time to time after the Closing Date shall be evidenced by unsecured Subsidiary Intercompany Notes in favor of the Company that will be pledged to the Trustee as Collateral to secure the Notes, subject to the Intercreditor Agreement.

  • All advances (other than equity contributions of not more than $1,000) to Subsidiaries made by the Company from time to time after the date of this Indenture shall be evidenced by unsecured Subsidiary Intercompany Notes in favor of the Company that shall be pledged to the Trustee as Note Collateral to secure the Notes.

  • All advances to Subsidiaries made by the Borrower from time to time after the Closing Date shall be evidenced by unsecured Subsidiary Intercompany Notes (in form acceptable to Lender) in favor of the Borrower that will be pledged to the Lender as Hyatt Gaming Collateral to secure the Note, subject to the Intercreditor Agreement.

  • All loans to Subsidiaries made by the Company from time to time after the date hereof shall be evidenced by unsecured Subsidiary Intercompany Notes in favor of the Company that will be pledged to the Collateral Agent pursuant to the Pledge Agreement as Collateral to secure the Notes.


More Definitions of Subsidiary Intercompany Notes

Subsidiary Intercompany Notes means the intercompany notes issued by Subsidiaries of the Issuer in favor of the Issuer to evidence advances by the Issuer, in each case in the form attached as Exhibit E hereto, which notes shall not be junior to any other unsecured indebtedness of such Subsidiary.
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Subsidiary Intercompany Notes means the intercompany notes senior to any subordinated debt of, and pari passu with all existing senior Indebtedness of the issuing Subsidiary, issued by Subsidiaries of the Company in favor of the Company to evidence advances by the Company, in each case, in the form attached as an exhibit to this Indenture.
Sample 1
Subsidiary Intercompany Notes means the intercompany notes senior to any subordinated indebtedness of, and pari passu with, all existing unsubordinated indebtedness of the issuing Subsidiary, issued by Subsidiaries of the Company in favor of the Company to evidence advances by the Company, in each case, in the form attached as Exhibit E to this Indenture.
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Subsidiary Intercompany Notes means the intercompany notes, subordinate in right of payment to the Senior Secured Discount Notes issued by Subsidiaries of the Company in favor of the Company to evidence advances by the Company, in each case, in the form attached as Annex B to this Indenture. "Sweetheart" means Sweetheart Holdings Inc. and its Subsidiaries.
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Related to Subsidiary Intercompany Notes

  • Intercompany Notes means, with respect to each Pledgor, all intercompany notes described in Schedule 11 to the Perfection Certificate and intercompany notes hereafter acquired by such Pledgor and all certificates, instruments or agreements evidencing such intercompany notes, and all assignments, amendments, restatements, supplements, extensions, renewals, replacements or modifications thereof to the extent permitted pursuant to the terms hereof.

  • Intercompany Note means a promissory note substantially in the form of Exhibit I.

  • Subordinated Intercompany Note means the Intercompany Subordinated Note, dated as of the Agreement Date, by and among Holdings, the Borrower and each Restricted Subsidiary of Holdings from time to time party thereto.

  • Global Intercompany Note means the global intercompany note substantially in the form of Exhibit G hereto.

  • Subsidiary Interests means, collectively, the issued and outstanding shares of stock of the Subsidiary Debtors as of the Petition Date and any options, warrants or other contractual rights to acquire any shares of stock of the Subsidiary Debtors as of the Petition Date.

  • Intercompany Indebtedness means Indebtedness of Company or any of its Subsidiaries which is owing to Company or any of its Subsidiaries.

  • Permitted Intercompany Investments means Investments made by (a) a Loan Party to or in another Loan Party, (b) a Subsidiary that is not a Loan Party to or in another Subsidiary that is not a Loan Party and (c) a Subsidiary that is not a Loan Party to or in a Loan Party, so long as, in the case of a loan or advance made pursuant to this clause (c), the parties thereto are party to the Intercompany Subordination Agreement.

  • Intercompany Interests means an Interest in a Debtor held by another Debtor and, for the avoidance of doubt, excludes the Existing Equity Interests.

  • Intercompany Loans shall have the meaning provided in Section 10.05(h).

  • Intercompany Loan shall have the meaning provided in Section 8.05(g).

  • Subordinated Intercompany Debt shall have the meaning assigned to such term in Section 6.01(e).

  • Intercompany Obligations as defined in the Guarantee and Collateral Agreement.

  • Intercompany Interest means an Interest in a Debtor held by another Debtor.

  • Permitted Subsidiary Indebtedness means any of the following:

  • Subsidiary Equity Interests has the meaning specified in Section 5.6.

  • Unrestricted Subsidiary Indebtedness of any Unrestricted Subsidiary means Indebtedness of such Unrestricted Subsidiary

  • Foreign Subsidiary Holdco means any Restricted Subsidiary which is organized under the laws of the United States (as defined for purposes of Section 956 of the Code) that has no material assets other than the Capital Stock and, if any, Indebtedness of (1) one or more Foreign Subsidiaries that are “controlled foreign corporations” as defined by Section 957 of the Code or (2) any other Foreign Subsidiary Holdco.

  • Intercompany Loan Agreement has the meaning set forth in the Purchase and Sale Agreement.

  • Company Notes means the 5.500% Senior Notes of the Company due 2027 issued under the Indenture.

  • Deferred Intercompany Transaction has the meaning set forth in Treas. Reg. Section 1.1502-13.

  • Subsidiary Securities means the shares of capital stock or the other equity interests issued by or equity participations in any Subsidiary, whether or not constituting a "security" under Article 8 of the Uniform Commercial Code as in effect in any jurisdiction.

  • Intercompany Receivables means all account, note or loan payables and all advances (cash or otherwise) or any other extensions of credit that are receivable by Seller or any of its Affiliates (other than the Bank or the Transferred Subsidiaries) from the Bank or the Transferred Subsidiaries.

  • Preferred Equity Interests means, with respect to any Person, Equity Interests in such Person which are entitled to preference or priority over any other Equity Interest in such Person in respect of the payment of dividends or distribution of assets upon liquidation or both.

  • Excluded Equity Interests means, collectively: (i) any Equity Interests in any Subsidiary with respect to which the grant to the Collateral Agent, for the benefit of Lenders and the other Secured Parties, of a security interest in and Lien upon, and the pledge to the Collateral Agent, for the benefit of Lenders and the other Secured Parties, of, such Equity Interests, to secure the Obligations (and any guaranty thereof) are validly prohibited by Requirements of Law; (ii) any Equity Interests in any Subsidiary with respect to which the grant to the Collateral Agent, for the benefit of Lenders and the other Secured Parties, of a security interest in and Lien upon, and the pledge to the Collateral Agent, for the benefit of Lenders and the other Secured Parties, of, such Equity Interests, to secure the Obligations (and any guaranty thereof) require the consent, approval or waiver of any Governmental Authority or other third party and such consent, approval or waiver has not been obtained by Borrower following Borrower’s commercially reasonable efforts to obtain the same; (iii) any Equity Interests in any Subsidiary that is a non-Wholly-Owned Subsidiary that the grant to the Collateral Agent, for the benefit of Lenders and the other Secured Parties, of a security interest in and Lien upon, and the pledge to the Collateral Agent, for the benefit of Lenders and the other Secured Parties, of, such Equity Interests, to secure the Obligations (and any guaranty thereof) are validly prohibited by, or would give any third party (other than Borrower or an Affiliate of Borrower) the right to terminate its obligations under, the Operating Documents or the joint venture agreement or shareholder agreement with respect to, or any other contract with such third party relating to such non-Wholly-Owned Subsidiary, including any contract evidencing Indebtedness of such non-Wholly-Owned Subsidiary (other than customary non-assignment provisions which are ineffective under Article 9 of the Code or other Requirements of Law), but only, in each case, to the extent, and for so long as such Operating Document, joint venture agreement, shareholder agreement or other contract is in effect; (iv) any Equity Interests in any other Subsidiary with respect to which, Borrower and the Collateral Agent reasonably determine by mutual agreement that the cost (including Tax costs) of granting the Collateral Agent, for the benefit of Lenders and the other Secured Parties, a security interest in and Lien upon, and pledging to the Collateral Agent, for the benefit of Lenders and the other Secured Parties, such Equity Interests, to secure the Obligations (and any guaranty thereof) are excessive, relative to the value to be afforded to the Secured Parties thereby.

  • Subsidiary Security Agreement means the Subsidiary Security Agreement, in substantially the form attached as Exhibit Q hereto, by and among the Subsidiary Guarantors and the Agent.

  • Pledged Equity Interests means all Pledged Stock, Pledged LLC Interests, Pledged Partnership Interests, Pledged Trust Interests and Pledged Alternative Equity Interests.