Junior Subordinated Note definition

Junior Subordinated Note shall have the meaning set forth in Section 5.

Junior Subordinated Note has the meaning stated in the first recital of this Indenture and more particularly means any Junior Subordinated Notes authenticated and delivered under this Indenture.

Junior Subordinated Note means the 10% Junior Subordinated Note due 2011 of the Borrower.

Examples of Junior Subordinated Note in a sentence

• Each Junior Subordinated Note bears interest on its outstanding nominal amount from the Interest Commencement Date at the rate per annum (expressed as a percentage) equal to the Rate of Interest.

• Without prejudice to Condition 9(b), any interest not paid on an Interest Payment Date relating to a Junior Subordinated Note shall, so long as the same remains unpaid, constitute “Arrears of Interest”.

• Junior Subordinated Note due 2010 (incorporated by reference to Exhibit 10.2 to the Registrant's Current Report on Form 8-K filed October 7, 2010).

• If the relevant Note is a Junior Subordinated Note, the relevant Issuer shall not be at liberty to redeem such Note except pursuant to Condition 6(b) or (if applicable) Condition 6(e) and references to Maturity Date in these Conditions are not applicable.

• A Floating Rate Junior Subordinated Note due in 2035 in the original principal amount of $36,090,000 is held by Trust II (the “October Note,” together with the March Note, the “Notes”) for the benefit of Funds II, IV, and VI.

More Definitions of Junior Subordinated Note

Junior Subordinated Note shall have the meaning ascribed to such term in Section 3.13(g).

Junior Subordinated Note means the Subordinated Promissory Note Due 2004 in the original principal amount of $2,000,000 in the form attached hereto as Exhibit G issued by the Purchaser to BofA Commercial Finance in connection with the purchase by the Purchaser of the BofA Note and all of the obligations under which shall be assumed by the Company in connection with the consummation of the BofA Restructuring.

Junior Subordinated Note means the 12% subordinated note due October 1, 2004 in the aggregate principal amount of not more than $500,000, issued by Customer pursuant to the Junior Subordinated Loan Agreement, as it may be amended, modified or supplemented from time to time.

Junior Subordinated Note means a subordinated promissory note, dated as of the Closing Date and in substantially the form of Exhibit K hereto, issued by the Company to a Seller.

Junior Subordinated Note means the 10% junior subordinated note due 2011 issued by SCI LLC on August 4, 1999.

Junior Subordinated Note shall have the meaning set forth in Section 5. 1.26 LLC Agreement. The term “LLC Agreement” shall mean the Sixth Amended and Restated Limited Liability Company Agreement of the Company, dated as of March 23, 2012, as it may be amended or supplemented thereafter from time to time. 1.27

Junior Subordinated Note means the 13% Junior Subordinated Note due November 1, 2009 issued by LPC.