Junior Guarantee definition

Junior Guarantee means any guarantee, indemnity or other contractual support arrangement entered into by the Issuer in respect of securities (regardless of name or designation) issued by a Subsidiary or Undertaking and ranking on a winding–up (faillissement of vereffening na ontbinding) of the Issuer or in respect of distributions or payment of dividends or any other payment thereon, after the Securities;
Junior Guarantee means any guarantee, indemnity or other contractual support arrangement entered into by the Company in respect of securities (regardless of name or designation) issued by a Subsidiary or Undertaking and ranking junior to the ING Perpetual Hybrid Capital Securities upon a Winding Up or in respect of distributions or payment of dividends or any other payment thereon.
Junior Guarantee means any guarantee, indemnity or other contractual support arrangement entered into by the Issuer or the Guarantor, as applicable, in respect of securities (regardless of name or designation) issued by a Subsidiary or Undertaking and ranking after the Non Step-Up Fixed Securities on a winding-up (faillissement of vereffening na ontbinding) of the Issuer or the Guarantor, as applicable, or in respect of distributions or payment of dividends or any other payment thereon;

Examples of Junior Guarantee in a sentence

  • Junior Guarantee means any guarantee, indemnity or other contractual support arrangement entered into by the Bank in respect of securities (regardless of name or designation) or other instruments issued by one of the Bank's subsidiaries or Undertakings which, effectively from a financial point of view, ranks after the Securities, upon the Bank's liquidation, moratorium of payments, bankruptcy or emergency measure (noodregeling) being declared.

  • If the Reference Obligation Notional Amount is reduced to zero as a result of the Reduction, such Reference Obligation shall be deemed to have been removed from the Reference Portfolio on such Allocation of Removals and Reductions to Senior Notional Amount and Junior Guarantee Notional Amountdate.


More Definitions of Junior Guarantee

Junior Guarantee. ’ means any guarantee, indemnity or other contractual support arrangement entered into by us in respect of securities (regardless of name or designation) issued by one of our subsidiaries or Undertakings and ranking, on a winding-up (faillissement or vereffening na ontbinding) or in respect of distributions or payment of dividends or any other payment thereon, after the Capital Securities.
Junior Guarantee means any guarantee, indemnity or other contractual support arrangement entered into by the Company in respect of securities (regardless of name or designation) issued by one of the Company's subsidiaries or Undertakings and ranking, on a winding-up (faillissement or vereffening na ontbinding) or in respect of distributions or payment of dividends or any other payment thereon, after the Capital Securities. Junior Securities means AEGON N.V.'s Common Shares or any of its other securities which rank after the Capital Securities with respect to distributions on a return of assets on its winding-up (faillissement or vereffening na ontbinding) or in respect of distributions or payment of dividends or any other payments thereon. Mandatorily Deferred Payment is a payment that the Company is required to defer because the Required Deferred Condition is met.
Junior Guarantee means any guarantee, indemnity or other contractual support arrangement entered into by the Company in respect of securities (regardless of name or designation) issued by a Subsidiary or Undertaking and ranking junior to the 6.125% ING Perpetual Debt Securities upon a liquidation of the Company or in respect of distributions or payment of dividends or any other payment thereon.
Junior Guarantee means any guarantee or other contractual support undertaking of the Issuer or the Guarantor, as the case may be, in respect of a share or other security of a subsidiary undertaking of the Issuer or the Guarantor, as the case may be, which guarantee or other contractual support undertaking ranks, whether as to income or winding up, pari passu or junior to the Bonds;
Junior Guarantee means any guarantee, indemnity or other contractual support arrangement entered into by the Issuer in respect of securities or instruments (regardless of name or designation) issued, or entered into by a Subsidiary and ranking, in respect of the right to receive periodic payments or the right to receive repayment of capital on a winding- up, liquidation or bankruptcy, voluntary or otherwise, of the Issuer or any other payments thereon, after the Notes.
Junior Guarantee means any guarantee, indemnityor other contractual support arrangemententered into by us in respectof securities (regardless of name or designation) issued by one of our subsidiaries or Undertakingsand ranking, upon liquidation or in respect of distributionsor payment of dividends or any other payment thereon, after the ING PerpetualDebt Securities.
Junior Guarantee means any guarantee, indemnity or other contractual support arrangement entered into by us in respect of securities (regardless of name or designation) issued by a Subsidiary or Undertaking that ranks in our Winding Up or in respect of distributions or payments of dividends or any other payments thereunder by us after the Securities.