Second lien loan — (or last out participation) is a form of loan with a security interest in the assets of a company that are second in ranking behind a traditional senior credit facility. A lien is a form of security interest granted over an item of property to… … Wikipedia
deed of priority — An agreement, usually a deed, under which two or more creditors agree among themselves the rights which they shall have as between each other in relation to their debts from the same debtor and the order of priority in which their respective… … Law dictionary
subordinated debt — Debt that is unsecured and/or ranks for interest and repayment after the senior debt of a company. Subordinated debt may rank below senior debt in the following ways: • Repayment of principal. The more senior the debt, the earlier it will be due… … Law dictionary
Collateral Allocation Mechanism Exchange — Collateral Allocation Mechanism (CAM) Exchange USA Provisions in certain loan agreements that protect lenders and investors who lend in multiple currencies, different legal jurisdictions and with collateral and guaranty arrangements that vary… … Law dictionary
CAM Exchange — Collateral Allocation Mechanism (CAM) Exchange USA Provisions in certain loan agreements that protect lenders and investors who lend in multiple currencies, different legal jurisdictions and with collateral and guaranty arrangements that vary… … Law dictionary
Collateral Allocation Mechanism (CAM) Exchange — USA Provisions in certain loan agreements that protect lenders and investors who lend in multiple currencies, different legal jurisdictions and with collateral and guaranty arrangements that vary between loan tranches, by equalizing the recovery… … Law dictionary
equity investor loan — A subordinated loan provided by the equity/institutional investors. Its terms are similar to mezzanine debt (for example, there is no margin ratchet, while there is a single bullet repayment and a similar term). Related links creditors voluntary… … Law dictionary
Nord Stream — Location of Nord Stream Location Country Russia, Germany General direction … Wikipedia