Permitted Junior Securities

Permitted Junior Securities. Shall have the meaning ascribed to such term in Section 8 of this Agreement. 3

Permitted Junior Securities. Means equity interests in the Company.

Permitted Junior Securities. Means (1) any equity interests or (2) unsecured debt securities that are subordinated to all Senior Debt (and any debt securities issued in exchange for Senior Debt) to substantially the same extent as, or to a greater extent than, the Notes are subordinated to Senior Debt hereunder; provided, that, Permitted Junior Securities shall not include any securities distributed pursuant to a plan of reorganization if the Senior Debt is treated as part of the same class as the Notes for purposes of... such plan of reorganization; provided, further, that to the extent that any Senior Debt outstanding on the date of consummation of any such plan of reorganization is not paid in full in cash on such date, the holders representing a majority of the principal amount of any such Senior Debt not so paid in full in cash (or any Senior Debt Representative thereof) have consented to the terms of such plan of reorganization. View More

Permitted Junior Securities. Means (i) equity interests in the Borrower or any direct or indirect parent of the Borrower or (ii) unsecured debt securities that are subordinated to all Senior Indebtedness (and any debt securities issued in exchange for Senior Indebtedness) to substantially the same extent as, or to a greater extent than, the Loan is subordinated to Senior Indebtedness under this Note.