Initial Subordinated Notes definition

Initial Subordinated Notes means the Subordinated Promissory Notes dated the date hereof issued by the Cayman Islands branch of the Guarantor.
Sample 1Sample 2Sample 3
Initial Subordinated Notes means the [ ]% subordinated notes due [ ] of the Guarantor or one of its branches or subsidiaries.
Sample 1Sample 2
Initial Subordinated Notes has the meaning set forth in Section 2.14(a).
Sample 1Sample 2

Examples of Initial Subordinated Notes in a sentence

  • The Subordinated Notes shall be initially issued in certificated form to the Trust (the "Initial Subordinated Notes") and shall be substantially in the Form of Exhibit B attached hereto.

  • The Initial Subordinated Notes will be issued (i) to GCPHS in an aggregate principal amount set forth in its Subscription Agreement and (ii) to GCP CLO Holdings Sub LP in an aggregate principal amount set forth in its Subscription Agreement, in each case (x) for Cash and/or (y) in exchange for the transfer to the Borrower of Collateral Loans (valued at Market Value (which is not determined pursuant to clause (d) of the definition thereof)) of all such Collateral Loans.

  • The Company also reserves the absolute right, subject to applicable law, to waive any of the conditions of the Exchange Offer set forth in the Prospectus under “The Exchange Offer—Conditions to the Exchange Offer” or any defect or irregularity in any tender of Initial Subordinated Notes of any particular holder whether or not similar defects or irregularities are waived in the case of other holders.

  • Certificates, or timely confirmation of a book-entry transfer of such Initial Subordinated Notes into the Exchange Agent’s account at DTC, as well as this Letter of Transmittal (or facsimile thereof), properly completed and duly executed, with any required signature guarantees and any other documents required by this Letter of Transmittal, must be received by the Exchange Agent at its address set forth herein on or prior to 5:00 p.m., New York City time, on the Expiration Date.

  • Landlord reserves the right, for itself, and its employees or contractors, and Tenant covenants to permit Landlord, or its agents, employees, or contractors, to enter any and all portions of the Leased Premises at any time; provided, that Landlord shall give Tenant reasonable notice prior to any entry for the purpose of showing the space to prospective tenants .

  • If no such instructions are given, Initial Subordinated Notes not exchanged will be returned by mail or, if tendered by book-entry transfer, by crediting the account indicated above maintained at DTC.

  • It is expected that the Initial Subordinated Notes Purchaser or its Affiliates purchase all or part of the Subordinated Notes.

  • Important: This Letter of Transmittal (together with Initial Subordinated Notes or confirmation of book-entry transfer and all other required documents) or a Notice of Guaranteed Delivery must be received by the Exchange Agent on or prior to 5:00 p.m., New York City time, on the Expiration Date.

  • If any tendered Initial Subordinated Notes are registered in different names on several certificates, it will be necessary to complete, sign and submit as many separate Letters of Transmittal (or facsimiles thereof) as there are names in which certificates are registered.

  • The Initial Subordinated Notes were issued, and the Exchange Subordinated Notes will be issued, under an Indenture, dated as of April 26, 2004 (the “Indenture”), among the Company and The Bank of New York Trust Company, N.A., as trustee (the “Trustee”).


More Definitions of Initial Subordinated Notes

Initial Subordinated Notes means the Subordinated Promissory Notes dated the date hereof issued by the Guarantor or one of its branches or subsidiaries.
Sample 1
Initial Subordinated Notes means the US$ 5.75% Subordinated Notes due 2024 issued by the Borrower on 9 July 2019, where the Financial Indebtedness arising thereunder is subordinated to the claims of the Secured Parties on terms acceptable to the Agent (acting on the instructions of the Majority Lenders).
Sample 1
Initial Subordinated Notes means that certain (a) Senior Subordinate Promissory Note dated October 31, 2004, in the original principal amount of $6,400,000 made by Borrower payable to the order of PNC Venture Corp, (b) Senior Subordinate Promissory Note dated October 31, 2004, in the original principal amount of $9,600,000 made by Borrower payable to the order of PNC Equity Partners, L.P., and (c) Senior Subordinate Promissory Note dated October 31, 2004, in the original principal amount of $2,000,000 made by Borrower payable to the order of Erie Indemnity Company, which promissory notes and the indebtedness evidenced thereby are issued pursuant to the Subordinated Credit Agreement as the same may have been transferred prior to the date hereof.
Sample 1
Initial Subordinated Notes means that certain (a) Senior Subordinate Promissory Note dated October 31, 2004, in the original principal amount of $6,400,000 made by Borrower payable to the order of PNC Venture Corp, (b) Senior Subordinate Promissory Note dated October 31, 2004, in the original principal amount of $9,600,000 made by Borrower payable to the order of PNC Equity Partners, L.P., and (c) Senior Subordinate Promissory Note dated October 31, 2004, in the original principal amount of $2,000,000 made by Borrower payable to the order of Erie Indemnity Company, which promissory notes and the indebtedness evidenced thereby are issued pursuant to the Subordinated Credit Agreement and are fully subordinated to the payment and performance in full of the Obligations pursuant to the terms of the Subordination Agreement, as the same may have been transferred from time to time in accordance with the terms thereof.
Sample 1
Initial Subordinated Notes. As defined in the preamble hereto.
Sample 1

Related to Initial Subordinated Notes

  • Existing Subordinated Notes means any instrument or loan issued or incurred before 1 January 2013, whether publicly or privately placed, ranking or expressed to be ranking pari passu with all other subordinated obligations (except for those subordinated obligations expressed by their terms to rank junior), provided that should any such Existing Subordinated Notes be amended in any way (contractually or by statute) which would result in allowing the Issuer to issue subordinated notes ranking senior thereto, then such Subordinated Notes would be deemed to no longer constitute an Existing Subordinated Note. As a result, in the event of liquidation or bankruptcy of the Issuer or in the event of a Moratorium (as defined in Condition 3 of the Conditions of the Notes) with respect to the Issuer, the claims of the holders of the Subordinated Notes ("Subordinated Noteholders") against the Issuer will be:

  • Senior Subordinated Notes means the Company's 10 1/2% Senior Subordinated Notes due 2009 issued pursuant to the Senior Subordinated Notes Indenture.

  • Junior Subordinated Notes means the $__________ aggregate principal amount of the Depositor's Series __ ____% Junior Subordinated Notes due ____ __, ____, issued pursuant to the Subordinated Indenture.

  • Senior Subordinated Note Indenture means the Indenture dated as of May 12, 2009, between the Company and U.S. Bank National Association, as trustee, in respect of the 2020 Senior Subordinated Notes and the 2023 Senior Subordinated Notes, as supplemented and amended from time to time.

  • 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.

  • Existing Senior Subordinated Notes means the 10.875% Senior Subordinated Notes Due 2009 issued by the Company pursuant to the Existing Senior Subordinated Note Indenture.

  • Subordinated Note Indenture means the Indenture dated as of the Closing Date, among the Borrower, the guarantors party thereto and The Bank of New York, as trustee, pursuant to which the Subordinated Notes are issued, as the same may be amended, supplemented or otherwise modified from time to time to the extent permitted by Section 10.7(b).

  • Senior Subordinated Notes Indenture means the Indenture, dated as of July 17, 2012, under which the Senior Subordinated Notes were issued, among the Borrower and the Restricted Subsidiaries party thereto and the trustee named therein from time to time, as in effect on the Closing Date and as amended, restated, supplemented or otherwise modified from time to time in accordance with the requirements thereof and of this Agreement.

  • Senior Secured Notes means the $1,875 million aggregate principal amount of 7.375% Senior Secured Notes due 2023 of the Borrower including, as the same may be amended, supplemented, waived or otherwise modified from time to time, including any senior secured exchange notes issued in lieu thereof.

  • Junior Subordinated Debentures means the aggregate principal amount of the Depositor's ____% Junior Subordinated Deferrable Interest Debentures, due ________ __, 2027, issued pursuant to the Indenture.

  • Convertible Subordinated Notes means any convertible subordinated notes or debentures issued by the Borrower after the date hereof, which are subordinated to the Obligations on terms no less favorable to the Lenders, in any material respect, than the 4.75% Convertible Subordinated Notes Due 2016 (as those terms were in effect and applied to the 4.75% Convertible Subordinated Notes Due 2016 prior to the repayment thereof in full on June 15, 2016).

  • Senior Secured Note Indenture means the Indenture dated as of November 5, 2009, among the Issuers, the Note Guarantors (as defined therein) and The Bank of New York Mellon, as trustee, principal paying agent, transfer agent and registrar, as amended, extended, restructured, renewed, refunded, novated, supplemented, restated, replaced or modified from time to time;

  • Senior Subordinated Note Documents means the Senior Subordinated Notes, the Senior Subordinated Note Agreement, the Senior Subordinated Note Guarantees and all other documents executed and delivered with respect to the Senior Subordinated Notes or the Senior Subordinated Note Agreement.

  • Subordinated Note Amount has the meaning set forth in the Recitals.

  • Senior Subordinated Indenture means the Indenture dated as of October 15, 1997 between the Company and State Street Bank and Trust Company, as trustee, as from time to time amended, restated, supplemented or otherwise modified.

  • 2019 Notes has the meaning set forth in the definition of “2018 Exchange Offers”.

  • 2014 Notes means the aggregate principal amount of US$399,517,000 of 10.25% Guaranteed Senior Notes Due 2014 issued pursuant to the 2014 Note Indenture.

  • Existing Senior Secured Notes means the Borrower’s $800,000,000 8.500% Senior Secured Notes due 2019, issued pursuant to the Existing Senior Secured Notes Indenture.

  • Subordinated Note means the Subordinated Note (or collectively, the “Subordinated Notes”) in the form attached as Exhibit A hereto, as amended, restated, supplemented or modified from time to time, and each Subordinated Note delivered in substitution or exchange for such Subordinated Note.

  • Subordinated Notes Indenture means that certain Subordinated Debenture Indenture between DH (f/k/a NGC Corporation) and First National Bank of Chicago, as Debenture Trustee, dated as of May 28, 1997 (as amended, restated and supplemented through the Petition Date).

  • 2016 Notes means the aggregate principal amount of US$460,000,000 of 4.25% Convertible Senior Notes Due 2016 issued pursuant to the 2016 Note Indenture.

  • 2021 Notes means the 4.700% Senior Notes due 2021, originally issued by Ensco plc (now Valaris), a public limited company organized under the laws of England and Wales.

  • Senior Secured Notes Trustee means U.S. Bank Trust Company, National Association, as successor in interest to U.S. Bank National Association, as trustee under the Senior Secured Notes Indenture.

  • 2028 Notes means the Borrower’s $650,000,000 aggregate principal amount notes due June 13, 2028, issued in June 2023 and July 2023.

  • Subordinated Debentures means the debentures exchangeable by the Company for the Preferred Stock in accordance with the Certificate of Designations therefor.

  • Existing Unsecured Notes the Borrower’s 11.5% Senior Notes due 2018, issued pursuant to the Existing Unsecured Indenture, outstanding on the Closing Date or subsequently issued in exchange for or in respect of any such notes.