Senior Default Notice
Senior Default Notice. A written notice from Administrative Agent to Subordinated Creditor pursuant to which Subordinated Creditor is notified of the occurrence of a Senior Default, which notice incorporates a reasonably detailed description of such Senior Default.
Found in
TC PIPELINES LP contract
Senior Default Notice. A written notice from Senior Agent to the Subordinated Creditor pursuant to which the Subordinated Creditor is notified of the existence of a Senior Covenant Default which notice shall reference this Agreement and which includes a reasonably detailed description of such Senior Covenant Default.
Found in
SOCIAL REALITY, Inc. contract
Senior Default Notice. A written notice from the Senior Agent or any Senior Creditor pursuant to which the Subordinated Creditors are notified of the occurrence of a Senior Default, which notice incorporates a reasonably detailed description of such Senior Default
Senior Default Notice. Shall mean a written notice from Senior Creditor to Junior Creditor pursuant to which Junior Creditor is notified of the occurrence of a Senior Default, which notice incorporates a reasonably detailed description of such Senior Default.
Found in
Sunworks, Inc. contract
Senior Default Notice. Shall mean a written notice from Agent to Subordinated Creditor pursuant to which Subordinated Creditor is notified of the occurrence of a Senior Default, which notice incorporates a reasonably detailed description of such Senior Default and which notice expressly states that it is a "Senior Default Notice" hereunder
All Definitions
