Subordinated Obligations

Subordinated Obligations. All indebtedness, obligations and other liabilities, including all Interest, fees, costs, expenses and other amounts due, of the Company in favor of or payable to the Subordinated Lenders under this Subordinated Note from time to time.

Subordinated Obligations. All obligations, liabilities and performance from time to time owing by the Company under this subordinated note.

Subordinated Obligations. All obligations and liabilities of the Company to the Subordinated Creditors, including without limitation their obligations in respect of the Subordinated Notes, all rights to dividends and distributions (whether in the ordinary course or upon dissolution and liquidation of the Company) in respect of common stock or preferred stock of the Company held by the Subordinated Creditors, and all other rights to payment, whether direct or indirect, absolute or contingent, due or to become due, or now... existing or hereafter incurred, in each case whether on account of principal, interest, reimbursement obligations, fees, indemnities, costs, expenses or otherwise. View More

Subordinated Obligations. Means all indebtedness (plus any interest heretofore, now or hereafter accrued thereon, including any interest accrued subsequent to the filing of any petition under any bankruptcy, insolvency or similar law), whether now existing or hereafter incurred, owing by Guarantor to Creditor pursuant to any Convertible Debentures, as the same may be amended, modified, extended, replaced or superseded from time to time.

Subordinated Obligations. Means the collective reference to the unpaid principal of and interest on the Subordinated Note and all other Indebtedness of Issuer owing to Subordinated Lenders (including, without limitation, interest accruing at the then applicable rate provided therein after the maturity of the Subordinated Note and interest accruing at the then applicable rate provided in the Subordinated Note after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like... proceeding, relating to Issuer, whether or not a claim for post-filing or post-petition interest is allowed in such proceeding), whether direct or indirect, absolute or contingent, due or to become due, or now existing or hereafter incurred, which may arise under, out of, or in connection with, the Subordinated Note, this Agreement, or any other Subordinated Loan Document, in each case whether on account of principal, interest, reimbursement obligations, fees, indemnities, costs, expenses or otherwise (including, without limitation, all fees and disbursements of counsel to Subordinated Lenders that are required to be paid by Issuer pursuant to the terms of any other Subordinated Loan Document); provided, however, that Subordinated Obligations shall not include obligations for compensation, employee benefits and reimbursement of related costs incurred in the Ordinary Course of Business, to the extent any of the foregoing constitutes Indebtedness, and to the extent such Indebtedness is permitted by the Securities Purchase Agreement. View More

Subordinated Obligations. All obligations, liabilities and indebtedness of every nature of any Loan Party from time to time owed to the Subordinated Obligee or any of its affiliates, whether now existing or hereafter created, including, without limitation, all amounts owned under the Secured Subordinated Note as it may be amended or replaced from time to time, the principal amount of all debts, claims (including, without limitation, indemnification rights arising in Subordinated Obligee's capacity as a shareholder,... officer, director, member and/or partner of any Loan Party and any right of the Subordinated Obligee to a return of any capital contributed to any Loan Party) and indebtedness, accrued and unpaid interest and all fees, costs and expenses, whether primary, secondary, direct, contingent, fixed or otherwise, heretofore, now and from time to time hereafter owing, due or payable, whether before or after the filing of a Proceeding under the Bankruptcy Code together with any amendments, modifications, renewals or extensions thereof. View More

Subordinated Obligations. Each and every debt, liability and obligation of every type and description which the Loan Parties may now or at any time hereafter owe to the Manager pursuant to the Management Agreement, whether such debt, liability or obligation now exists or is hereafter created or incurred, and whether it is or may be direct or indirect, due or to become due, absolute or contingent, primary or secondary, liquidated or unliquidated, or joint, several or joint and several