Company Senior Indebtedness means, with respect to the Securities of any particular series, all Indebtedness of the Company outstanding at any time, except (a) the Securities of such series, (b) Indebtedness as to which, by the terms of the instrument creating or evidencing the same, it is provided that such Indebtedness is subordinated to or pari passu with the Securities of such series, (c) interest accruing after the filing of a petition initiating any proceeding relating to the Company referred to in Sections 5.1(5) and 5.1(6) unless such interest is an allowed claim enforceable against the Company in a proceeding under the applicable bankruptcy, insolvency, reorganization or other similar law, (d) trade accounts payable, (e) any liability for income, franchise, real estate or other taxes owed or owing, and (f) any Indebtedness, including all other debt securities and guarantees in respect of those debt securities, initially issued to (x) any RenaissanceRe Trust or (y) any trust, partnership or other entity affiliated with the Company which is a financing vehicle of the Company or any Affiliate of the Company in connection with the issuance by such entity of Preferred Securities or other securities which are similar to Preferred Securities that are guaranteed by the Company pursuant to an instrument that ranks pari passu with or junior in right of payment to the Preferred Securities Guarantees.
Company Senior Indebtedness means Senior Indebtedness of the Company.
Company Senior Indebtedness means the principal of, premium, if any, and interest (including interest accruing on or after the filing of any petition in bankruptcy or for reorganization relating to the Company) on and any other payment due pursuant to any of the following, whether incurred on or prior to the date hereof or hereafter incurred:
Examples of Company Senior Indebtedness in a sentence
The Securities shall be subordinated in right of payment to Company Senior Indebtedness as provided in Article 11.
More Definitions of Company Senior Indebtedness
Company Senior Indebtedness means, with respect to the Securities of any particular series, all Indebtedness of the Company outstanding at any time, except (a) the Securities of such series, (b) Indebtedness as to which, by the terms of the instrument creating or evidencing the same, it is provided that such Indebtedness is subordinated to or pari passu with the Securities of such series, (c) Indebtedness of the Company to an Affiliate of the Company, (d) interest accruing after the filing of a petition initiating any proceeding relating to the Company referred to in Section 5.1(7) and 5.1(8) unless such interest is an allowed claim enforceable against the Company in a proceeding under federal or state bankruptcy laws, (e) trade accounts payable and
Company Senior Indebtedness means all Indebtedness of the Company except (i) any Indebtedness which is by its terms pari passu with the Bonds; and (ii) Indebtedness owed to a Subsidiary or Affiliate of the Company, including the Guarantor. Company Senior Indebtedness does not include shares of the Company’s capital stock or warrants, options or rights to acquire shares of the Company’s capital stock (but excluding any debt security that is convertible into, or exchangeable for, shares of the Company’s capital stock) or trade payables.
Company Senior Indebtedness means, with respect to the Securities of any particular series, all Indebtedness of the Company, whether outstanding on the date of execution of this Indenture or thereafter created, assumed or incurred, except the Securities of such series, Company Indebtedness Ranking on a Parity with the Securities or Company Indebtedness Ranking Junior to the Securities.
Company Senior Indebtedness means, with respect to the Securities of any particular series, all Indebtedness of the Company outstanding at any time, except (a) the Securities of such series, (b) Indebtedness as to which, by the terms of the instrument creating or evidencing the same, it is provided that such Indebtedness is subordinated to or pari passu with the Securities of such series, (c) Indebtedness of the Company to, or guaranteed on behalf of, a Subsidiary of the Company or any officer, director or employee of the Company or any Subsidiary of the Company, (d) interest accruing after the filing of a petition initiating any proceeding relating to the Company referred to in Section 6.1(f) and 6.1(g) unless such interest is an allowed claim enforceable against the Company in a proceeding under federal or state bankruptcy laws, (e) trade accounts payable, (f) any liability for income, franchise, real estate or other taxes owed or owing and (g) any Indebtedness, including all other debt securities and guarantees in respect of those debt securities, initially issued to (x) any EH Trust or (y) any trust, partnership or other entity affiliated with the Company which is a financing vehicle of the Company or any Affiliate of the Company in connection with the issuance by such entity of preferred securities or other securities which are similar to Preferred Securities that are guaranteed by the Company pursuant to an instrument that ranks pari passu with or junior in right of payment to the Preferred Securities Guarantees.
Company Senior Indebtedness means, with respect to the Securities of any particular series, all Indebtedness of the Company outstanding at any time, except (a) the Securities of such series, (b) Indebtedness as to which, by the terms of the instrument creating or evidencing the same, it is provided that such Indebtedness is subordinated to or pari passu with the Securities of such series, (c) Indebtedness of the Company to an Affiliate of the Company, (d) interest accruing after the filing of a petition initiating any proceeding relating to the Company referred to in Section 5.1(7) and 5.1(8) unless such interest is an allowed claim enforceable against the Company in a proceeding under federal or state bankruptcy laws, (e) trade accounts payable and (f) any Indebtedness, including all other debt securities and guaranties in respect of those debt securities, initially issued to (x) any Trenwick Trust or (y) any trust, partnership or other entity affiliated with the Guarantor which is a financing vehicle of the Guarantor or any Affiliate of the Guarantor in connection with the issuance by such entity of Preferred Securities or other securities which are similar to Preferred Securities that are guaranteed by the Guarantor pursuant to an instrument that ranks pari passu with or junior in right of payment to the Preferred Securities Guarantees.
Company Senior Indebtedness means, with respect to the Securities of a series, all obligations of, or claims against, the Company, whether outstanding on the date of this Indenture or the issue date of such Securities, or thereafter created, incurred, assumed or guaranteed, that are not subordinate, or are superior, in right of payment to the Securities of such Series.
Company Senior Indebtedness means all principal, interest, premium, fees and other amounts owing on, under or in respect of: