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.
Subsidiary Intercompany Notes means the intercompany notes, if any, 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 F to this Indenture.
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.

Examples of Subsidiary Intercompany Notes in a sentence

  • 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 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 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.

  • 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 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 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 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.
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.
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.

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 Subordinated Intercompany Note, substantially in the form of Exhibit H.

  • Global Intercompany Note means the global intercompany note substantially in the form of Exhibit F pursuant to which intercompany obligations and advances owed by any Loan Party are subordinated to the Obligations.

  • 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.