Junior Creditors definition

Junior Creditors means creditors of the Issuer whose claims rank, or are expressed to rank junior to, the claims of the Noteholders including holders of Junior Securities;
Junior Creditors means all holders of any Bank Junior Obligations.
Junior Creditors means creditors of the Issuer who are holders of any additional tier 1 capital (within the meaning of the Capital Regulations issued by the Issuer (including the $1,150,000,000 8.000% Perpetual Subordinated Contingent Convertible Additional Tier 1 Capital Notes (Callable August 10, 2025 and Every Five Years Thereafter) (ISIN US780099CK11), the $1,500,000,000 6.000% Reset Perpetual Subordinated Contingent Convertible Additional Tier 1 Capital Notes (ISIN US780097BQ34), the £1,000,000,000 5.125% Reset Perpetual Subordinated Contingent Convertible Additional Tier 1 Capital Notes (ISIN XS2258827034), £400,000,000 4.500% Reset Perpetual Subordinated Contingent Convertible Additional Tier 1 Capital Notes (XS2315966742) and $750,000,000 4.600% Reset Perpetual Subordinated Contingent Convertible Additional Tier 1 Capital Notes (ISIN US639057AD02), and in each case any other obligations of the Issuer which rank or are expressed to rank pari passu with any of such obligations;

Examples of Junior Creditors in a sentence

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  • Subject to the indefeasible payment in full in cash of all Senior Debt, the Junior Creditors shall be subrogated to the rights of the Trustee and the Holders to receive payments and distributions of cash, property and securities applicable to the Senior Debt to the extent that distributions otherwise payable to the Junior Creditors have been applied to the Senior Debt, until all amounts payable under the Junior Obligations shall have been paid in full.

  • The Trustee and the Obligors shall provide the Junior Creditors and any Junior Trustee with a Senior Default Notice promptly upon the occurrence of each Senior Default, which notice shall specify the date of first occurrence thereof and the nature of such Senior Default (including whether it constitutes a Senior Non-Payment Default or a Senior Payment Default), and the Trustee shall notify the Junior Creditors and any Junior Trustee promptly in the event such Senior Default is cured or waived.

  • The provisions of this Agreement are solely for the purpose of defining the relative rights of the Junior Creditors and the Trustee and the Holders and shall not be deemed to create any rights or priorities in favor of any other Person, including any Obligor.

  • The Senior Agent shall be irrevocably authorized to file any required proof of claim if the Junior Creditors fail to do so in a timely manner.


More Definitions of Junior Creditors

Junior Creditors means creditors of the Company who are holders of any additional Tier 1 capital (within the meaning of the Capital Regulations) issued by the Company, and in each case any other obligations of the Company which rank or are expressed to rank pari passu with any of such obligations.
Junior Creditors means each holder of the Junior Debt or any other Junior Obligations from time to time as permitted hereunder.
Junior Creditors means creditors of the Issuer who are holders of any additional tier 1 capital (within the meaning of the Capital Regulations issued by the Issuer (including the $2,650,000,000 8.625% Perpetual Subordinated Contingent Convertible Additional Tier 1 Capital Notes (Callable August 15, 2021 and Every Five Years Thereafter) (ISIN US780097BB64), the $1,150,000,000 8.000% Perpetual Subordinated Contingent Convertible Additional Tier 1 Capital Notes (Callable August 10, 2025 and Every Five Years Thereafter) (ISIN US780099CK11), the $1,500,000,000 6.000% Reset Perpetual Subordinated Contingent Convertible Additional Tier 1 Capital Notes (ISIN US780097BQ34) and the£1,000,000,000 5.125% Reset Perpetual Subordinated Contingent Convertible Additional Tier 1 Capital Notes ISIN XS2258827034), and in each case any other obligations of the Issuer which rank or are expressed to rank pari passu with any of such obligations;
Junior Creditors means (A) creditors of the Issuer in respect of (i) any additional tier 1 capital (within the meaning of the Capital Regulations (as defined in Condition 6.12)) issued by the Issuer,(ii) all undated or perpetual, junior subordinated obligations (including guarantee credit support or similar obligations) of the Issuer and (iii) any other obligations of the Issuer which by law rank, or by their terms are expressed to rank, junior to the Tier 2 Notes and (B) holders of all classes of share capital of the Issuer and, in each case, creditors of the Issuer in respect of any other obligations of the Issuer which by law rank, or by their terms are expressed to rank, pari passu with any of such obligations;
Junior Creditors means all holders of securities and other creditors (if any) of the Issuer whose claims rank, or are expressed to rank, junior to the claims of the Holders (including, without limitation, holders of Junior Securities).
Junior Creditors means Xx. Xxxx Xxxxxx and the Xxxxxx Xxxxx Group (which consists of a joint venture or partnership between Xxxxxx Xxxxx Partners, L.P. and Star Polymers, L.L.C.) both individually and collectively, as more fully explained in Recital E.