Common use of Subordinated Debt Securities Subordinate to Claims of Senior Creditors Clause in Contracts

Subordinated Debt Securities Subordinate to Claims of Senior Creditors. (a) Unless otherwise provided as contemplated by Section 3.01 with respect to any series of Subordinated Debt Securities, the Company covenants and agrees, and each Holder of Subordinated Debt Securities of each series, by his acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article 12, in the event of:

Appears in 9 contracts

Samples: Supplemental Indenture (Lloyds Banking Group PLC), Eighth Supplemental Indenture (Lloyds Banking Group PLC), Supplemental Indenture (Lloyds Banking Group PLC)

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Subordinated Debt Securities Subordinate to Claims of Senior Creditors. (a) Unless otherwise provided as contemplated by Section 3.01 with respect to any series of Subordinated Debt Securities, the Company covenants and agrees, and each Holder of Subordinated Debt Securities of each series, by his acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article 12, 12 in the event of:

Appears in 1 contract

Samples: First Supplemental Indenture (Royal Bank of Scotland Group PLC)

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