Common use of SUBORDINATION OF SECURITIES Clause in Contracts

SUBORDINATION OF SECURITIES. Section 15.01 Agreement to Subordinate............................................ 55 Section 15.02 Default on Senior Indebtedness...................................... 55

Appears in 2 contracts

Samples: Indenture (Metlife Inc), Indenture (Metlife Inc)

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SUBORDINATION OF SECURITIES. Section 55 SECTION 15.01 Agreement to Subordinate............................................ ..........................................................55 Section SECTION 15.02 Default on Senior Indebtedness...................................... 55....................................................55 SECTION 15.03

Appears in 2 contracts

Samples: Indenture (Illinois Power Co), Indenture (Illinois Power Co)

SUBORDINATION OF SECURITIES. Section 15.01 SECTION 15.01. Agreement to Subordinate............................................ 55 Section 15.02 .....................................................68 SECTION 15.02. Default on Senior Indebtedness...................................... 55...............................................68 SECTION 15.03.

Appears in 2 contracts

Samples: Indenture (Countrywide Home Loans Inc), Indenture (Countrywide Home Loans Inc)

SUBORDINATION OF SECURITIES. Section 15.01 40 SECTION 15.1 Agreement to Subordinate............................................ 55 Section 15.02 ...................................... 40 SECTION 15.2 Default on Senior Indebtedness...................................... 55................................ 40 SECTION 15.3

Appears in 2 contracts

Samples: Indenture (Sterling Bancshares Capital Trust Ii), Indenture (Sterling Bancshares Capital Trust Ii)

SUBORDINATION OF SECURITIES. Section 15.01 16.1. Agreement to Subordinate............................................ 55 ..............................................................78 Section 15.02 16.2. Default on Senior Indebtedness...................................... 55........................................................78 Section 16.3.

Appears in 2 contracts

Samples: Indenture (Jabil Circuit Inc), Indenture (Jabil Circuit Inc)

SUBORDINATION OF SECURITIES. 72 Section 15.01 14.1. Agreement to Subordinate............................................ 55 ............................. 72 Section 15.02 14.2. Default on Senior Indebtedness...................................... 55....................... 73 Section 14.3.

Appears in 1 contract

Samples: Indenture (Citigroup Capital XVIII)

SUBORDINATION OF SECURITIES. Section 15.01 16.1. Agreement to Subordinate............................................ 55 . .................................... 81 Section 15.02 16.2. Default on Senior Indebtedness...................................... 55..............................

Appears in 1 contract

Samples: Subordinated Indenture (Partnerre LTD)

SUBORDINATION OF SECURITIES. Section 15.01 SECTION 14.1 Agreement to Subordinate............................................ 55 Section 15.02 Subordinate ............................... 65 SECTION 14.2 Default on Senior Indebtedness...................................... 55Indebtedness ......................... 65

Appears in 1 contract

Samples: Junior Subordinated Debt Securities Indenture (Travelers Property Casualty Corp)

SUBORDINATION OF SECURITIES. Section 53 SECTION 15.01 Agreement to Subordinate............................................ 55 Section .......................................................... 53 SECTION 15.02 Default on Senior Indebtedness...................................... 55.................................................... 53

Appears in 1 contract

Samples: Indenture (Agl Capital Trust Ii)

SUBORDINATION OF SECURITIES. Section 15.01 SECTION 14.1. Agreement to Subordinate............................................ 55 Section 15.02 ............................ 77 SECTION 14.2. Default on Senior Indebtedness...................................... 55...................... 78 SECTION 14.3.

Appears in 1 contract

Samples: Indenture (SSBH Capital Iv)

SUBORDINATION OF SECURITIES. Section 15.01 SECTION 14.1 Agreement to Subordinate............................................ 55 Section 15.02 ................................... 65 SECTION 14.2 Default on Senior Indebtedness...................................... 55............................. 65

Appears in 1 contract

Samples: Junior Subordinated Debt Securities Indenture (Travelers Property Casualty Corp)

SUBORDINATION OF SECURITIES. 72 Section 15.01 14.1. Agreement to Subordinate............................................ 55 ............................... 72 Section 15.02 14.2. Default on Senior Indebtedness...................................... 55......................... 73 Section 14.3.

Appears in 1 contract

Samples: Indenture (Citigroup Inc)

SUBORDINATION OF SECURITIES. Section 15.01 66 SECTION 15.01. Agreement to Subordinate............................................ 55 Section 15.02 ................................. 66 SECTION 15.02. Default on Senior Indebtedness...................................... 55........................... 66 SECTION 15.03.

Appears in 1 contract

Samples: Indenture (Progress Capital Trust I)

SUBORDINATION OF SECURITIES. Section 15.01 69 SECTION 15.01. Agreement to Subordinate............................................ 55 Section 15.02 ........................ 69 SECTION 15.02. Default on Senior Indebtedness...................................... 55.................. 69 SECTION 15.03.

Appears in 1 contract

Samples: Indenture (M&t Bank Corp)

SUBORDINATION OF SECURITIES. Section 15.01 SECTION 15.01. Agreement to Subordinate............................................ 55 Section 15.02 .................................. 64 SECTION 15.02. Default on Senior Indebtedness...................................... 55............................ 65 SECTION 15.03.

Appears in 1 contract

Samples: Subordinated Debenture Indenture (NGC Corp)

SUBORDINATION OF SECURITIES. Section 15.01 52 SECTION 15.01. Agreement to Subordinate............................................ 55 Section 15.02 ..............................................................52 SECTION 15.02. Default on Senior Indebtedness...................................... 55........................................................52 SECTION 15.03.

Appears in 1 contract

Samples: Indenture (Madison Bancshares Group LTD)

SUBORDINATION OF SECURITIES. Section 15.01 16.1. Agreement to Subordinate............................................ 55 .....................................78 Section 15.02 16.2. Default on Senior Indebtedness...................................... 55...............................78 Section 16.3.

Appears in 1 contract

Samples: Indenture (Ace Ina Holdings Inc)

SUBORDINATION OF SECURITIES. Section 15.01 SECTION 15.01. Agreement to Subordinate............................................ 55 Section 15.02 ...................................... 67 SECTION 15.02. Default on Senior Indebtedness...................................... 55................................ 67 SECTION 15.03.

Appears in 1 contract

Samples: Indenture (Haven Capital Trust I)

SUBORDINATION OF SECURITIES. Section 15.01 60 SECTION 15.1. Agreement to Subordinate............................................ 55 Section 15.02 ........................... 60 SECTION 15.2. Default on Senior Indebtedness...................................... 55..................... 60 SECTION 15.3.

Appears in 1 contract

Samples: Indenture (New York Bancorp Capital Trust)

SUBORDINATION OF SECURITIES. Section 15.01 16.1 Agreement to Subordinate............................................ 55 ..............................................................80 Section 15.02 16.2 Default on Senior Indebtedness...................................... 55........................................................81 Section 16.3

Appears in 1 contract

Samples: Indenture (Cit Group Inc)

SUBORDINATION OF SECURITIES. Section 15.01 SECTION 13.1 Agreement to Subordinate............................................ 55 Section 15.02 ....................................65 SECTION 13.2 Default on Senior Indebtedness...................................... 55..............................65 SECTION 13.3

Appears in 1 contract

Samples: Indenture (Wachovia Capital Trust Viii)

SUBORDINATION OF SECURITIES. Section 15.01 61 SECTION 15.01. Agreement to Subordinate............................................ 55 Section 15.02 Subordinate .............................61 SECTION 15.02. Default on Senior Indebtedness...................................... 55Indebtedness .......................62 SECTION 15.03.

Appears in 1 contract

Samples: Indenture (Argo Capital Trust Co)

SUBORDINATION OF SECURITIES. Section 15.01 SECTION 15.01. Agreement to Subordinate............................................ 55 Section 15.02 ........................ 60 SECTION 15.02. Default on Senior and Subordinated Indebtedness...................................... 55. 60 SECTION 15.03.

Appears in 1 contract

Samples: Indenture (Independent Capital Trust Ii)

SUBORDINATION OF SECURITIES. Section 15.01 60 SECTION 15.1 Agreement to Subordinate............................................ 55 Section 15.02 Subordinate .............................................. 60 SECTION 15.2 Default on Senior Indebtedness...................................... 55Indebtedness ........................................ 60

Appears in 1 contract

Samples: Indenture (Valley National Bancorp)

SUBORDINATION OF SECURITIES. 57 Section 15.01 15.01. Agreement to Subordinate............................................ 55 ............................................................. 57 Section 15.02 15.02. Default on Senior Indebtedness...................................... 55....................................................... 57

Appears in 1 contract

Samples: Indenture (Municipal Mortgage & Equity LLC)

SUBORDINATION OF SECURITIES. Section 15.01 16.1 Agreement to Subordinate............................................ 55 Subordinate ..................................... 80 Section 15.02 16.2 Default on Senior Indebtedness...................................... 55Indebtedness ............................... 80 Section 16.3

Appears in 1 contract

Samples: Subordinated Indenture (Cit Group Inc)

SUBORDINATION OF SECURITIES. Section 15.01 67 SECTION 15.01. Agreement to Subordinate............................................ 55 Section 15.02 ........................ 67 SECTION 15.02. Default on Senior Indebtedness...................................... 55.................. 68 SECTION 15.03.

Appears in 1 contract

Samples: Indenture (Onbancorp Inc)

SUBORDINATION OF SECURITIES. Section 15.01 75 SECTION 15.01. Agreement to Subordinate............................................ 55 Section 15.02 ............................. 75 SECTION 15.02. Default on Senior Indebtedness...................................... 55....................... 76 SECTION 15.03.

Appears in 1 contract

Samples: Indenture (Peoples Heritage Financial Group Inc)

SUBORDINATION OF SECURITIES. Section SECTION 15.01 Agreement to Subordinate............................................ 55 Section ................................. 54 SECTION 15.02 Default on Senior Indebtedness...................................... 55........................... 55 SECTION 15.03

Appears in 1 contract

Samples: Indenture (Westbank Capital Trust I)

SUBORDINATION OF SECURITIES. Section 15.01 SECTION 15.01. Agreement to Subordinate............................................ 55 Section 15.02 .................................. 70 SECTION 15.02. Default on Senior Indebtedness...................................... 55............................ 70 SECTION 15.03.

Appears in 1 contract

Samples: Indenture (Vesta Insurance Group Inc)

SUBORDINATION OF SECURITIES. 68 Section 15.01 14.1 Agreement to Subordinate............................................ 55 Subordinate ....................................... 68 Section 15.02 14.2 Default on Senior Indebtedness...................................... 55Indebtedness ................................. 68

Appears in 1 contract

Samples: Indenture (Citigroup Capital Xii)

SUBORDINATION OF SECURITIES. Section 15.01 15.1. Agreement to Subordinate............................................ 55 Section 15.02 66 15.2. Default on Senior Indebtedness...................................... 5566 15.3.

Appears in 1 contract

Samples: Indenture (Mmi Companies Inc)

SUBORDINATION OF SECURITIES. Section 15.01 61 SECTION 15.01. Agreement to Subordinate............................................ 55 Section 15.02 Subordinate ................................61 SECTION 15.02. Default on Senior Indebtedness...................................... 55Indebtedness ..........................62 SECTION 15.03.

Appears in 1 contract

Samples: Indenture (Ucbh Trust Co)

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SUBORDINATION OF SECURITIES. Section 15.01 47 SECTION 15.1. Agreement to Subordinate............................................ 55 Section 15.02 ..................................................... 47 SECTION 15.2. Default on Senior Indebtedness...................................... 55............................................... 47 SECTION 15.3.

Appears in 1 contract

Samples: Indenture (Life Financial Capital Trust)

SUBORDINATION OF SECURITIES. Section SECTION 15.01 Agreement to Subordinate............................................ .............................. 55 Section SECTION 15.02 Default on Senior Indebtedness...................................... 55........................ 55 SECTION 15.03

Appears in 1 contract

Samples: Indenture (Dynegy Capital Trust Iii)

SUBORDINATION OF SECURITIES. Section 15.01 64 SECTION 15.1. Agreement to Subordinate............................................ 55 Section 15.02 .............................. 64 SECTION 15.2. Default on Senior Indebtedness...................................... 55........................ 65 SECTION 15.3.

Appears in 1 contract

Samples: Indenture (Imperial Capital Trust I)

SUBORDINATION OF SECURITIES. Section 15.01 SECTION 15.01. Agreement to Subordinate............................................ 55 Section 15.02 ......................................................................79 SECTION 15.02. Default on Senior Indebtedness...................................... 55................................................................79 SECTION 15.03.

Appears in 1 contract

Samples: Indenture (Telebanc Capital Trust I)

SUBORDINATION OF SECURITIES. Section SECTION 15.01 Agreement to Subordinate............................................ 55 Section ...............................................65 SECTION 15.02 Default on Senior Indebtedness...................................... 55.........................................66 SECTION 15.03

Appears in 1 contract

Samples: Indenture (GBL Trust I)

SUBORDINATION OF SECURITIES. Section 15.01 16.1 Agreement to Subordinate............................................ 55 .................................... 80 Section 15.02 16.2 Default on Senior Indebtedness...................................... 55.............................. 81 Section 16.3

Appears in 1 contract

Samples: Indenture (Cit Group Inc)

SUBORDINATION OF SECURITIES. Section 15.01 SECTION 15.01. Agreement to Subordinate............................................ 55 Section 15.02 ........................................... 70 SECTION 15.02. Default on Senior Indebtedness...................................... 55..................................... 71 SECTION 15.03.

Appears in 1 contract

Samples: Indenture (First Western Bancorp Inc)

SUBORDINATION OF SECURITIES. Section 15.01 SECTION 15.01. Agreement to Subordinate............................................ 55 Section 15.02 ................................ 70 SECTION 15.02. Default on Senior Indebtedness...................................... 55.......................... 70 SECTION 15.03.

Appears in 1 contract

Samples: Indenture (Vesta Insurance Group Inc)

SUBORDINATION OF SECURITIES. Section 15.01 61 SECTION 15.01. Agreement to Subordinate............................................ 55 Section 15.02 ................................... 61 SECTION 15.02. Default on Senior Indebtedness...................................... 55............................. 62 SECTION 15.03.

Appears in 1 contract

Samples: Indenture (Ucbh Holdings Inc)

SUBORDINATION OF SECURITIES. Section 15.01 SECTION 13.1. Agreement to Subordinate............................................ 55 Section 15.02 Subordinate .........................78 SECTION 13.2. Default on Senior Indebtedness...................................... 55Indebtedness ...................78 SECTION 13.3.

Appears in 1 contract

Samples: Junior Subordinated Indenture (Wachovia Capital Trust Iv)

SUBORDINATION OF SECURITIES. Section 15.01 41 SECTION 15.1 Agreement to Subordinate............................................ 55 Section 15.02 ......................................41 SECTION 15.2 Default on Senior Indebtedness...................................... 55................................41 SECTION 15.3

Appears in 1 contract

Samples: Indenture (Sterling Bancshares Inc)

SUBORDINATION OF SECURITIES. Section 53 SECTION 15.01 Agreement to Subordinate............................................ 55 Section .................................................................. 53 SECTION 15.02 Default on Senior Indebtedness...................................... 55............................................................ 53

Appears in 1 contract

Samples: Indenture (Agl Capital Trust Iii)

SUBORDINATION OF SECURITIES. Section 15.01 61 SECTION 15.01. Agreement to Subordinate............................................ 55 Section 15.02 ........................... 61 SECTION 15.02. Default on Senior and Subordinated Indebtedness...................................... 55.... 61 SECTION 15.03.

Appears in 1 contract

Samples: Indenture (Independent Capital Trust I)

SUBORDINATION OF SECURITIES. Section 15.01 SECTION 15.01. Agreement to Subordinate............................................ 55 Section 15.02 ......................108 SECTION 15.02. Default on Senior Indebtedness...................................... 55................108 SECTION 15.03.

Appears in 1 contract

Samples: Indenture (Patriot Capital Trust I)

SUBORDINATION OF SECURITIES. 58 Section 15.01 Agreement 13.1 Debt Securities to Subordinate............................................ 55 Senior Indebtedness................................................58 Section 15.02 13.2 Default on Senior Indebtedness...................................... 55........................................................59 Section 13.3

Appears in 1 contract

Samples: Indenture (American Financial Group Inc)

SUBORDINATION OF SECURITIES. Section 15.01 16.1. Agreement to Subordinate............................................ 55 ........................................................................77 Section 15.02 16.2. Default on Senior Indebtedness...................................... 55..................................................................78 Section 16.3.

Appears in 1 contract

Samples: Indenture (Nordstrom Inc)

SUBORDINATION OF SECURITIES. Section 15.01 15.01. Agreement to Subordinate............................................ 55 ........................................................ 62 Section 15.02 15.02. Default on Senior Indebtedness...................................... 55.................................................. 62 Section 15.03.

Appears in 1 contract

Samples: Indenture (First Commonwealth Financial Corp /Pa/)

SUBORDINATION OF SECURITIES. Section 15.01 SECTION 15.01. Agreement to Subordinate............................................ 55 Section 15.02 ..................................................................... 66 SECTION 15.02. Default on Senior Indebtedness...................................... 55............................................................... 66 SECTION 15.03.

Appears in 1 contract

Samples: Indenture (Countrywide Financial Corp)

SUBORDINATION OF SECURITIES. Section 15.01 73 SECTION 15.01. Agreement to Subordinate............................................ 55 Section 15.02 .............. 73 SECTION 15.02. Default on Senior Indebtedness...................................... 55........ 74

Appears in 1 contract

Samples: Indenture (Albank Capital Trust I)

SUBORDINATION OF SECURITIES. Section 15.01 60 SECTION 15.01. Agreement to Subordinate............................................ 55 Section 15.02 .................................. 60 SECTION 15.02. Default on Senior Indebtedness...................................... 55............................ 60 SECTION 15.03.

Appears in 1 contract

Samples: Indenture (Life Re Capital Trust Ii)

SUBORDINATION OF SECURITIES. 74 Section 15.01 14.1. Agreement to Subordinate............................................ 55 ............................. 74 Section 15.02 14.2. Default on Senior Indebtedness...................................... 55....................... 74 Section 14.3.

Appears in 1 contract

Samples: Indenture (Citigroup Capital XIV)

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