Examples of Guaranteed Notes in a sentence
The US$150 million fixed rate and US$150 million floating rate Senior Guaranteed Notes are guaranteed by DSB, unsecured, and have a final maturity on 1st December, 2009.
Pursuant to the terms hereof and Sections 201 and 301 of the Base Indenture, the Company hereby creates three series of Securities designated the “5.017% Guaranteed Notes due 2027”, “4.970% Guaranteed Notes due 2029” and “5.227% Guaranteed Notes due 2034”, which Notes shall be deemed “Securities” for all purposes under the Base Indenture.
The payment obligations of the Guaranteed Issuer under Dated Subordinated Guaranteed Notes and Undated Subordinated Guaranteed Notes will rank behind Senior Guaranteed Notes.
The Senior Guaranteed Notes issued by a Guaranteed Issuer (other than DSSFL) will constitute direct, unconditional, unsubordinated and (subject to Condition 4) unsecured obligations of that Guaranteed Issuer and will rank pari passu without any preference among themselves and pari passu with all other present and future unsecured and unsubordinated obligations of that Guaranteed Issuer other than any such obligations as are preferred by law, all as further described in Condition 3(d).
Dated Subordinated Guaranteed Notes constitute direct and unsecured obligations of the relevant Guaranteed Issuer, conditional and subordinated as described below, ranking pari passu without any preference among themselves.