Certificated Subordinated Note. The meaning specified in Section 2.2(b)(iv).
Certificated Subordinated Note. The meaning specified in Section 2.2(b).
Certificated Subordinated Note. A definitive, fully registered note without coupons substantially in the form attached as Exhibit A-3 hereto. “Class”: In the case of (i) the Secured Debt, all of the Secured Debt having the same Interest Rate, Stated Maturity and class designation and (ii) the Subordinated Notes, all of the Subordinated Notes; provided that, solely for purposes of calculating the Interest Coverage Ratio and the Overcollateralization Ratio, the Class A Debt and the Class B Notes shall be treated as a single Class; provided further that, (x) except as provided in clause (y) of this proviso, the Class A-1 Notes, the Class A-L-A Loans and the Class A-L-B Loans shall constitute, and vote together as, a single Class and (y) the Class A-1 Notes, the Class A-L-A Loans and the Class A-L-B Loans shall be treated as separate Classes, and shall vote separately, solely for purposes of (1) any determination as to whether a proposed supplemental indenture or amendment would have a material adverse effect on such Debt and (2) a Refinancing or a Re-Pricing. Notwithstanding the foregoing, the Class X Notes constitute a separate Class from the Class A Debt, including for purposes of exercising any rights to consent, give direction or otherwise vote (and any determination relating to whether a proposed supplemental indenture would have a material and adverse effect on a Class). “Class A Debt”: The Class A-1 Notes, the Class A-L-A Loans and the Class A-L-B Loans, collectively. “Class A/B Coverage Tests”: The Overcollateralization Ratio Test and the Interest Coverage Test, each as applied with respect to the Class A Debt and the Class B Notes. “Class A-1 Notes”: The Class A-1 Senior Secured Floating Rate Notes issued pursuant to this Indenture and having the characteristics specified in Section 2.3. “Class A-L Lenders”: The Class A-L-A Lenders and the Class A-L-B Lenders, collectively.
Examples of Certificated Subordinated Note in a sentence
Notwithstanding the provisions of this Section 2.5(g)(i), any Certificated Subordinated Note issued on the Closing Date to an Affiliate of the Collateral Manager (including for these purposes funds or accounts managed by the Collateral Manager or Affiliates of the Collateral Manager) may be exchanged for an corresponding interest in a Global Subordinated Note upon the instruction of such Holder and the surrender of such Certificated Subordinated Note to the Registrar.
For the avoidance of doubt, such exchange shall not require the delivery of the transfer certificates described in this Section 2.5(g)(i) or any medallion signature guarantee with respect to such Certificated Subordinated Note.
More Definitions of Certificated Subordinated Note
Certificated Subordinated Note. A definitive, fully registered note without coupons substantially in the form attached as Exhibit A-3 hereto.
Certificated Subordinated Note. Any definitive, fully registered securities for Subordinated Notes without interest coupons.