Initial Debt Securities definition

Initial Debt Securities. ’ means subordinated notes of Postbank to be acquired by the Company using the proceeds from the issuance of the Class B Preferred Securities, the Class A Preferred Security and the Company Common Security.
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Initial Debt Securities means subordinated notes issued by DZ BANK, the economic terms of which correspond to the terms of the Class of Preferred Securities to which they relate.
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Initial Debt Securities means subordinated notes of IKBF.
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Examples of Initial Debt Securities in a sentence

  • The Company, in turn, used those sale proceeds to purchase Initial Debt Securities (subordinated notes) from the Bank.

  • Under the intricate capital payment structure depicted above, the Bank’s distributions on its Initial Debt Securities served to fund the distributions on the Company’s Class B Preferred Securities.

  • The income received by the Company from the Initial Debt Securities will be available for distribution to the holders, inter alia, of the Class B Preferred Securities, which distribution shall be made subject to certain restrictions relating to the operating profits of the Company and the distributable profits of the Parent.

  • Ranking The obligations under the Initial Debt Securities will constitute direct, uncondi-tional, unsecured and subordinated obligations of IKB Finance ranking pari passu with all other subordinated obligations of IKB Finance.

  • The Company will use the net proceeds from the sale of the Preferred Securities to make an investment in a series of Initial Debt Securities issued by DZ BANK.

  • I look forward to working with you and the local community to study and enact a rezoning for West Harlem that includes West Harlem’s first Inclusionary Housing program.7. Support Development of Manhattanville PiersThis worthwhile (and long overdue) goal should be seriously pursued, but I urge that a careful analysis of potential traffic impacts be conducted before there is any closure or restriction of Marginal Street.

  • The income received by the Company from the Initial Debt Securities and/or the Substitute Debt Securities and/or the Permitted Investments, in relation to each Class of Preferred Securities, will be available for distribution to the holders of such Preferred Securities.

  • The proceeds to the Company from the issue of the Class B Preferred Securities will be onlent to Deutsche Bank AG, acting through its New York Branch, (the "Parent") through a subordinated note issue (the "Initial Debt Securities").

  • Purpose The sole purposes of the Company are (i) to issue the Class A Preferred Security, the Class B Pre- ferred Securities and the Company Common Security, (ii) to invest the proceeds thereof in the Initial Debt Securities, (iii) upon any redemption of the Initial Debt Securities prior to the Maturity Date, which does not involve a redemption of the Class B Preferred Securities, to reinvest the proceeds in Substitute Debt Securities issued by the Bank (including on behalf of a branch other than a U.

  • Definitive Initial Debt Securities will not be issued.Status The Repayment Claim in relation to each series of Initial Debt Securities will be subordinated in the event of insolvency or liquidation of DZ BANK to the claims of all other creditors which are not also subordinated and will, in any such event, only be satisfied after all claims against DZ BANK which are not subordinated have been satisfied.


More Definitions of Initial Debt Securities

Initial Debt Securities means [ ] Senior Secured Notes due [ ] instruments of the Company authenticated and delivered under this Indenture.
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Initial Debt Securities means the US$650,000,000 aggregate principal amount of Debt Securities issued under this Indenture on the date hereof.
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Initial Debt Securities when used with respect to the Debt Securities of any series having Registration Rights, means the Debt Securities of such series issued upon original issuance and all Debt Securities, other than Exchange Debt Securities, issued upon the registration of transfer, exchange or partial redemption of Initial Debt Securities.
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Related to Initial Debt Securities

  • New Notes shall have the meaning assigned to such term in Section 32.

  • Trust Preferred Securities any preferred securities issued by a Trust Preferred Securities Subsidiary, where such preferred securities have the following characteristics:

  • Notes shall have the meaning assigned to such term in the recitals.

  • Securities has the meaning stated in the first recital of this Indenture and more particularly means any Securities authenticated and delivered under this Indenture.