Guaranteed Deeply Subordinated Notes definition

Guaranteed Deeply Subordinated Notes means Notes issued by ZF (Ireland) under the Programme pursuant to the Guaranteed Subordinated Notes Conditions (which rank as set out in Condition 3(b) of the Guaranteed Subordinated Notes Conditions and have the benefit of the ZIC Deeply Subordinated Guarantee), as specified in the applicable Pricing Supplement (as defined on page iii).

Related to Guaranteed Deeply Subordinated Notes

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.