Super Senior definition

Super Senior. Indebtedness incurred by the Company and the Guarantors, on or before January 30, 2023, in an aggregate principal amount not to exceed (w) $12,384,120 for the sole purpose of refinancing or in exchange for the New Notes plus any capitalized interest or accrued and unpaid interest on the New Notes being so refinanced, plus (x) on or after the date that Indebtedness is incurred under clause (w), $20,000,000, for the sole purpose of exchanging up to $20,000,000 original principal amount of Notes for “Super Senior” Indebtedness, which exchange shall be on the basis of $1 of new “Super Senior” Indebtedness for every $1 of Notes so exchanged, plus any capitalized interest or accrued and unpaid interest on the Notes being so refinanced, plus (y) $15,000,000, plus (z) on or after the date that Indebtedness is incurred under clause (y), $30,000,000, for the sole purpose of exchanging up to $30,000,000 original principal amount of Notes for “Super Senior” Indebtedness, which exchange shall be on the basis of $1 of new “Super Senior” Indebtedness for every $1 of Notes so exchanged, plus any capitalized interest or accrued and unpaid interest on the Existing Notes being so refinanced; provided that (i) the aggregate amount of clauses (w), (x), (y) and (z) shall not exceed $75,000,000, together with any capitalized interest or accrued and unpaid interest on the Notes or the New Notes, in each case, subject to a Permitted Intercreditor Agreement, which provides for “Super Senior” payment and lien priority of “Super Senior” Indebtedness and the subordination of the Notes and the liens secured thereby and (ii) the “Super Senior” Indebtedness referenced in clause (x) and (z) shall be last out in the waterfall of such “Super Senior” Indebtedness tranche; and
Super Senior. Optimal Principal Distribution Amount . . . . . . . . . 37

Examples of Super Senior in a sentence

  • Ancillary Lenders and Issuing Banks), so long as any of the Super Senior Liabilities (other than any Liabilities owed to the Ancillary Lenders or Issuing Banks) are or may be outstanding, none of the Ancillary Lenders nor the Issuing Banks shall be entitled to take any Enforcement Action in respect of any of the Liabilities owed to it.

  • For the purpose of ascertaining whether any relevant percentage of Super Senior Credit Participations or Pari Passu Credit Participations has been obtained under this Agreement, the Intercreditor Agent may notionally convert the Super Senior Credit Participations and/or Pari Passu Creditor Participations into their Common Currency Amounts.

  • Comprised of net CDO Super Senior exposures and gross Lending and Structuring exposures.

  • Prior to the Final Discharge Date, the Intra-Group Lenders may not take, accept or receive the benefit of any Security, guarantee, indemnity or other assurance against loss in respect of the Intra-Group Liabilities unless the prior consent of the Majority Super Senior Creditors and the Required Pari Passu Creditors is obtained.

  • The Company shall ensure that the Drawn Super Senior Gross Leverage Ratio in respect of each Relevant Period, shall not exceed 0.75:1.

  • The Final DIP Order provides for a superpriority term loan facility consisting of (i) new money term loans in the aggregate principal amount of $39.5 million (the “New Money Loans”) and (ii) “roll-up” term loans in an aggregate principal amount of up to $20.0 million representing the roll-up, on a dollar-for-dollar basis, of the aggregate outstanding principal amount of loans under that certain Super Senior Secured Credit Agreement, dated as of May 9, 2019.

  • Xxx Xxxxx, Xxxxxxxxxx 00000 Attention: Xxxxx Super, Senior Vice President, Chief Legal & Risk Officer and Corporate Secretary Email: Xxxxx.Xxxxx@xxxxxxxxxxxx.xxx with a copy (which will not constitute notice) to: Xxxxxx, Xxxx & Xxxxxxxx LLP 0000 Xxxxxxx Xxxx Xxxx, Xxxxx 0000 Xxx Xxxxxxx, Xxxxxxxxxx 00000 Attention: Xxxxxxxx X.

  • The Issuer will inform any exchange on which this Super Senior Note is listed of the principal amount of this Note that have not been redeemed in connection with any optional redemption.

  • Xxx Xxxxx, Xxxxxxxxxx 00000 Attention: Xxxxx Super, Senior Vice President, Chief Legal & Risk Officer and Corporate Secretary Email: Xxxxx.Xxxxx@xxxxxxxxxxxx.xxx with a copy to (which shall not constitute notice): Xxxxxx, Xxxx & Xxxxxxxx LLP 0000 Xxxxxxx Xxxx Xxxx, Xxxxx 0000 Xxx Xxxxxxx, Xxxxxxxxxx 00000 Attention: Xxxxxxxx X.

  • The debt was fully discharged on December 8, 2017.Super Senior Facility: Super Senior Facility refers to the $15.0 million revolver facility entered into by and among, Shipco, as borrower, and ABN AMRO Capital USA LLC, as original lender, mandated lead arranger and agent.


More Definitions of Super Senior

Super Senior means a person aged 80 years and over.
Super Senior. Indebtedness referenced in clause (x) and (z) shall be last out in the waterfall of such “Super Senior” Indebtedness tranche; and

Related to Super Senior

  • CF Shadow Series means a series of Capital Stock that is identical in all respects to the shares of Capital Stock (whether Preferred Stock or another class issued by the Company) issued in the relevant Equity Financing (e.g., if the Company sells Series A Preferred Stock in an Equity Financing, the Shadow Series would be Series A-CF Preferred Stock), except that:

  • Public Finance Management Act ’ means the Public Finance Management Act, 1999 (Act No. 1 of 1999);

  • Targeted case management means services that assist a beneficiary to access needed 2 medical, educational, social, prevocational, vocational, rehabilitative, or other community services. The 3 service activities may include, but are not limited to, communication, coordination and referral;

  • Alaska Native Corporation (ANC) means any Regional Corporation, Village Corporation, Urban Corporation, or Group Corporation organized under the laws of the State of Alaska in accordance with the Alaska Native Claims Settlement Act, as amended (43 U.S.C. 1601, et seq.) and which is considered a minority and economically disadvantaged concern under the criteria at 43 U.S.C. 1626(e)(1). This definition also includes ANC direct and indirect subsidiary corporations, joint ventures, and partnerships that meet the requirements of 43 U.S.C. 1626(e)(2).

  • Long-term inpatient care means inpatient services for

  • Non-Administrator Ambulatory Surgical Facility means an Ambulatory Surgical Facility which does not meet the definition of an Administrator Ambulatory Surgical Facility.

  • Virginia Stormwater Management Program or “VSMP” means a program approved by the State Board after September 13, 2011, that has been established by a locality to manage the quality and quantity of runoff resulting from land-disturbing activities and shall include such items as local ordinances, rules, permit requirements, annual standards and specifications, policies and guidelines, technical materials, and requirements for plan review, inspection, enforcement, where authorized in this article, and evaluation consistent with the requirements of this article and associated regulations.

  • Stormwater Pollution Prevention Plan or "SWPPP" means a document that is prepared in accordance with good engineering practices and that identifies potential sources of pollutants that may reasonably be expected to affect the quality of stormwater discharges from the construction site, and otherwise meets the requirements of this Ordinance. In addition the document shall identify and require the implementation of control measures, and shall include, but not be limited to the inclusion of, or the incorporation by reference of, an approved erosion and sediment control plan, an approved stormwater management plan, and a pollution prevention plan.

  • CDBG means community development block grant.

  • Pollution control facilities means water and air pollution control equipment and solid waste disposal facilities or any of them.

  • CC means the Conditions of Contract.

  • Stormwater management plan means the set of drawings and other documents that comprise all the information and specifications for the programs, drainage systems, structures, BMPs, concepts and techniques intended to maintain or restore quality and quantity of stormwater runoff to pre-development levels.

  • Asset Management Plan means a plan created by the department and approved by the state transportation commission or a plan created by a local road agency and approved by the local road agency's governing body that includes provisions for asset inventory, performance goals, risk of failure analysis, anticipated revenues and expenses, performance outcomes, and coordination with other infrastructure owners.

  • staff matters means the remuneration, conditions of service, promotion, conduct, suspension, dismissal or retirement of staff;

  • Beacon means a highway traffic signal with one or more signal sections that operate in a flashing mode. (ORC 4511.01(KKK))

  • Wildlife officer means any individual authorized by a participating state to issue a citation for a wildlife violation.

  • Pest Management Plan and “PMP” means the Recipient’s plan dated March 9, 2010, which: (i) addresses the concerns relating to the Project risks associated with potential increases in the use of pesticides for agricultural production, intensification and diversification and controlling disease vector populations arising from irrigation schemes; (ii) sets forth mitigation and monitoring measures to be taken during Project implementation and operation to eliminate adverse environmental and social impacts, offset them, or reduce them to acceptable levels; (iii) recommends institutional measures to strengthen national capacities to implement the mitigation and monitoring measures; and (iv) as part of the implementation arrangements, identifies national agencies and other partners that could play a vital role in the success of the Project.

  • Storm water management plan means a comprehensive plan designed to reduce the discharge of pollutants from storm water after the site has under gone final stabilization following completion of the construction activity.

  • Management Plan means a plan to manage the activities and protect the special value or values in an Antarctic Specially Protected Area or an Antarctic Specially Managed Area.

  • Intercollegiate sport means a sport played at the collegiate level for which eligibility requirements for participation by a student athlete are established by a national association for the promotion or regulation of collegiate athletics.

  • Nutrient management plan means a plan developed or approved by the Department of Conservation and Recreation that requires proper storage, treatment and management of poultry waste, including dry litter, and limits accumulation of excess nutrients in soils and leaching or discharge of nutrients into state waters.

  • Series A or “Series A Equipment Notes” means Equipment Notes issued and designated as “Series A Equipment Notes” under the Indenture, in the original principal amount and maturities as specified in Schedule I to the Indenture under the heading “Series A Equipment Notes” and bearing interest at the Debt Rate for Series A Equipment Notes specified in Schedule I to the Indenture.

  • Crop Tree means the largest undamaged conifer trees with good form and free of disease.

  • Series B or “Series B Equipment Notes” means Equipment Notes issued and designated as “Series B Equipment Notes” under the Indenture, in the original principal amount and maturities as specified in Schedule I to the Indenture under the heading “Series B Equipment Notes” and bearing interest at the Debt Rate for Series B Equipment Notes specified in Schedule I to the Indenture.

  • 2014-18 MSAA means the Multi-Sector Service Accountability Agreement April 1, 2014 to March 31, 2018.