Senior Lender

Senior Lender. Any bank, financial institution or other lender having made a loan to any Borrower and/or Pledgor that has a senior position ahead of Lender with respect to the payment of Borrower is indebtedness under this Note and/or the priority of Liens against the Pledged Securities or the Collateral, or any other granted or pledged as security for the Loan; provided, that Lender has agreed in writing to be subordinate thereto

Senior Lender. Shall mean each of American Chartered Bank and any commercial lender which provides financing to the Debtor.

Senior Lender. Means each holder of Senior Indebtedness.

Senior Lender. Collectively, (i) Affiliated Bank, F.S.B., with respect to that certain Promissory Note executed by Borrower dated March 24, 2004 in the principal amount of $1,050,000.00, (ii) TexasBank, with respect to that certain Promissory Note executed by Borrower dated December 14, 2004 in the principal amount of $3,056,000.00, and (iii) any other bank, financial institution or other lender having made a loan to Borrower that has a senior position ahead of Lender with respect to the payment of Borrower... indebtedness and/or the priority of security interests and/or Liens on the Property and any other collateral granted or pledged as security for the loan made pursuant to this Note; provided, that Lender has agreed in writing to be subordinate thereto View More

Senior Lender. Collectively, (i) that certain $5,400,000.00 loan from First United Bank & Trust to Shale-114 pursuant to a promissory note executed by Shale-114 in favor of First United Bank & Trust on or about March 24, 2006, and (ii) any other loan from a bank, financial institution or other lender having a senior position ahead of Lender with respect to the payment of Borrower indebtedness and/or the priority of security interests and/or Liens on the Property and any other collateral granted or pledged as... security for the loan made pursuant to this Note; provided, that Lender has agreed in writing to be subordinate thereto View More

Senior Lender. Any bank, financial institution or other lender having made a loan to any client of Borrower that has a senior position with respect to the payment of any indebtedness and/or the priority of any Liens

Senior Lender. Beal Bank Nevada.

Senior Lender. Shall mean UBS Warburg Real Estate Investments, Inc. or designee and/or such other Person who may extend a senior loan with respect to the Project or any portion thereof, as the context may so require, in its capacity as the lender under the Senior Loans

Senior Lender. Shall mean First Union National Bank or designee and/or such other Person who may extend a senior loan with respect to the Project or any portion thereof, as the context may so require, in its capacity as the lender under the Senior Loans

Senior Lender. Shall mean Merrill Lynch Mortgage Lending, Inc., and/or such other Person who may extend a senior loan with respect to the Project or any portion thereof, as the context may so require, in its capacity as the lender under the Senior Loans