Junior Subordinated Debentures definition

Junior Subordinated Debentures means the aggregate principal amount of the Depositor's _____% Junior Subordinated Deferrable Interest Debentures, issued pursuant to the Indenture.

Junior Subordinated Debentures means (a) the 5.15% Junior Subordinated Convertible Debentures due October 15, 2037 issued by the Borrower to the Capital Trust II in exchange for the proceeds of the issuance of the Capital Securities and certain related common trust securities and (b) any debentures issued in exchange for the foregoing or in addition to the foregoing so long as such debentures have economic terms consistent with and substantially similar to, the terms contained in the foregoing debentures.

Junior Subordinated Debentures shall have the meaning set forth in the Recitals hereto.

Examples of Junior Subordinated Debentures in a sentence

• This Guarantee Agreement will not be discharged except by payment of the Guarantee Payments in full (without duplication of amounts theretofore paid by the Issuer Trust) or upon the distribution of Junior Subordinated Debentures to Holders as provided in the Trust Agreement.

• The Issuer Trustees and the Administrators shall not be accountable for the use or application by the Depositor of the proceeds of the Junior Subordinated Debentures.

• The exclusive purposes and functions of the Issuer Trust are to (a) issue and sell Trust Securities and use the proceeds from such sale to acquire the Junior Subordinated Debentures, and (b) engage in only those other activities necessary, convenient or incidental thereto.

• The Property Trustee shall notify all Holders of the Capital Securities of any notice of default received with respect to the Junior Subordinated Debentures.

• This Guarantee Agreement will constitute an unsecured obligation of the Guarantor and will rank subordinate and junior in right of payment to all Senior Indebtedness of the Guarantor to the extent and in the manner set forth in the Indenture with respect to the Junior Subordinated Debentures, and the provisions of Article XIII of the Indenture will apply, mutatis mutandis, to the obligations of the Guarantor hereunder.

More Definitions of Junior Subordinated Debentures

Junior Subordinated Debentures shall have the meaning specified in the first recital of this Guarantee Agreement.

Junior Subordinated Debentures means any junior subordinated deferrable interest debentures issued by any Significant Subsidiary or Entergy New Orleans from time to time.

Junior Subordinated Debentures means the Depositor's Floating Rate Junior Subordinated Deferrable Interest Debentures, due December 31, 2031, issued pursuant to the Indenture.

Junior Subordinated Debentures means the __% Junior Subordinated Debentures due 2029 authenticated and delivered under this Indenture.

Junior Subordinated Debentures means the series of subordinated debt securities of the Guarantor designated the Series B 8.90% Junior Subordinated Deferrable Interest Debentures due 2027 held by the Property Trustee (as defined in the Declaration).

Junior Subordinated Debentures means the aggregate principal amount of the Depositor's 9.875% junior subordinated deferrable interest debentures, due August 2, 2029 which date may be shortened once at any time by the Depositor to any date not earlier than August 2, 2004 issued pursuant to the Indenture.

Junior Subordinated Debentures means the aggregate principal amount of the Depositor’s 6.60% Junior Subordinated Deferrable Interest Debentures maturing on February 1, 2046, issued pursuant to the Indenture.