Existing Subordinated Debt definition

Existing Subordinated Debt means all Subordinated Debt, if any, existing as of the Effective Date, as set forth on Schedule 6 to the Pricing Letter.

Existing Subordinated Debt means the indebtedness of the Company outstanding on the date of this Agreement pursuant to the Indenture dated as of May 1, 1985 with The Chase Manhattan Bank, N.A., as Trustee, as the same has been supplemented by the First Supplemental Subordinated Indenture and as in effect on the date of this Agreement.

Existing Subordinated Debt means the 1994 Subordinated Notes, the 1995 Subordinated Notes, the 1996 Subordinated Notes and the 1997 Subordinated Notes.

Examples of Existing Subordinated Debt in a sentence

• Indebtedness of BGI or any of its Subsidiaries that is expressly subordinated and made junior to the payment and performance in full of the Obligations, and evidenced as such by a written instrument containing subordination provisions in form and substance approved by the Administrative Agent after consultation with the Required Lenders, including without limitation the Existing Subordinated Debt.

• Parent and each Borrower hereby irrevocably designate the Obligations and this Agreement as "Designated Senior Indebtedness" and "Senior Indebtedness" within the meanings given to those terms in Section 1.1 of the Supplemental Indenture dated December 9, 1998 entered into with respect to the Existing Subordinated Debt among the Company, Parent and IBJ Xxxxxxxxx Bank & Trust Company.

• Indebtedness of BGI incurred pursuant to the Existing Subordinated Debt Transactions.

• The Vehicle Subsidiary will not own or acquire any assets (other than Vehicles) or incur any liabilities (other than liabilities imposed by law, including tax liabilities, the Guarantee of the Existing Subordinated Debt, the Additional Subordinated Debt or any Replacement Subordinated Debt by the Vehicle Subsidiary to the extent permitted by clause (v) of Section 6.01(a), Indebtedness created under the Loan Documents and other liabilities incidental to its existence and permitted business and activities).

• Subordination Agreements with respect to any Existing Subordinated Debt.

More Definitions of Existing Subordinated Debt

Existing Subordinated Debt means the collective reference to the subordinated indebtedness identified on Schedule 1.01.

Existing Subordinated Debt means (a) the Indebtedness of Lessee in the principal amount of $345,000,000 outstanding under the 4.25% Convertible Subordinated Notes due March 15, 2004 issued by Lessee pursuant to the Indenture, dated as of March 15, 1999, between Lessee and State Street Bank and Trust Company of California, N.A., as Trustee, and (b) the Indebtedness of Lessee in the principal amount of $500,000,000 outstanding under the Convertible Subordinated Notes due February 15, 2005 issued by Lessee pursuant to the Subordinated Indenture, dated as of February 15, 2000, between Lessee and State Street Bank and Trust Company of California, N.A., as Trustee, in each case, in the form thereof in effect on the date of this Agreement.

Existing Subordinated Debt means the Debentures.

Existing Subordinated Debt means the Existing Senior Subordinated Notes, any Guarantees thereof and the Indebtedness represented thereby.

Existing Subordinated Debt means the Company's $750,000,000 7.875% Senior Subordinated Notes due 2005 issued pursuant to the Indenture dated December 9, 1998 among the Company and IBJ Xxxxxxxxx Bank and Trust Company, as Trustee and the First Supplemental Indenture with respect thereto dated as of December 9, 1998 among the Company, the Parent and the Trustee.

Existing Subordinated Debt means, collectively:

Existing Subordinated Debt means the subordinated Indebtedness of Parent in an original principal amount equal to $12,374,000 issued pursuant to the Existing Subordinated Debt Documents, the outstanding principal amount of which equaled $12,374,000 on the Closing Date.