Existing Subordinated Indebtedness definition

Existing Subordinated Indebtedness means the Company's 9 3/8% Subordinated Capital Notes due 1999 and the Company's 7 1/2% Convertible Subordinated Debentures due August 1, 2001.

Existing Subordinated Indebtedness means the Company’s Notes due •.

Existing Subordinated Indebtedness means, collectively, the Existing Senior Subordinated Notes and the Existing Subordinated Notes.

Examples of Existing Subordinated Indebtedness in a sentence

• The obligations of the Company in respect of the Securities shall rank on a parity with the Existing Subordinated Indebtedness and any other obligations of the Company ranking on a parity with the Securities.

• To the extent permitted by the Trust Indenture Act, the Trustee shall not be deemed to have a conflicting interest with respect to the indentures relating to Existing Subordinated Indebtedness or to the Securities of any series by virtue of being Trustee with respect to the Securities of any particular series of Securities other than that series.

• Subject to the provisions of this Section and to any provisions established or determined with respect to Securities of any series pursuant to Section 3.01, the Securities shall rank pari passu in right of payment with the Existing Subordinated Indebtedness.

• Securities to Rank Pari Passu with Existing Subordinated Indebtedness; Payment of Proceeds in Certain Cases......................................

• Nothing contained in subsections (iii), (iv) and (v) of this Section is intended to or shall affect the relative rights against the Company of the Holders of the Securities and (a) the holders of Senior Indebtedness, (b) the holders of Existing Subordinated Indebtedness or (c) other creditors of the Company other than creditors in respect of General Obligations.

More Definitions of Existing Subordinated Indebtedness

Existing Subordinated Indebtedness means the Issuer’s Senior Subordinated Amortizing Notes due February 15, 2014. “expiration date” has the meaning ascribed to it in Section 3.05(b) hereof.

Existing Subordinated Indebtedness as follows:

Existing Subordinated Indebtedness means, unless otherwise specified with respect to any series of Securities pursuant to Section 301, the Company's 6.00% Convertible Capital Securities due August 2033, 6 1/8% Convertible Capital Securities due June 2033, 7 1/2% Subordinated Notes due November 15, 2015, 7.75% Subordinated Notes due May 1, 2012, 7 1/4% Subordinated Notes due October 15, 2011, 7 1/2% Subordinated Notes due 2010, 7 1/8% Subordinated Notes due 2010, 7 3/8% Subordinated Notes due 2008, 6% Subordinated Notes due October 2008, 7 1/8% Subordinated Notes due March 15, 2006, 8 1/4% Subordinated Notes due 2005, Subordinated Yen Loan due 2005, Subordinated Floating Rate Notes due 2005, Floating Rate Subordinated Notes due 2004, Subordinated LIBOR/CMT Floating Rate Debentures due 2003, Subordinated Constant Maturity Treasury Floating Rate Debentures due 2003, 7.25% Subordinated Debentures due January 15, 2003, Subordinated Floating Rate Notes due 2002, 7 1/8% Subordinated Debentures due July 31, 2002, 8 1/8% Subordinated Notes due May 15, 2002, 8 1/8% Subordinated Notes due 2002, 7.50% Subordinated Debentures due January 15, 2002, 9.00% Subordinated Debentures due August 1, 2001, 9.40% Subordinated Debentures due March 1, 2001, 9.50% Subordinated Debentures due June 14, 2000, 9.20% Subordinated Capital Notes due July 15, 1999, Subordinated Money Market Capital Notes, Series A, B and C due June 1999 and Zero Coupon Subordinated Yen Notes due 1997-2004.

Existing Subordinated Indebtedness means, unless otherwise determined with respect to any series of Securities pursuant to Section 3.01, the Company's [ ].

Existing Subordinated Indebtedness contained in Section 1.01 of the Indenture is amended in its entirety to read as follows:

Existing Subordinated Indebtedness means all Indebtedness of the Borrower and its Subsidiaries that, as of the Closing Date, is subordinated to the prior payment in full of the Obligations.

Existing Subordinated Indebtedness means the 7 3/4% Convertible Subordinated Debentures Due 2008.