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

• By accepting a Junior Subordinated Note, each Holder shall waive and release all such liability.

• If any Junior Subordinated Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal (and premium, if any) shall, until paid, bear interest from the Redemption Date at the rate prescribed therefor in the Junior Subordinated Note.

• Nothing herein contained shall be deemed to authorize the Trustee to authorize or consent to or accept or adopt on behalf of any Holder of a Junior Subordinated Note any plan of reorganization, arrangement, adjustment or composition affecting the Junior Subordinated Notes or the rights of any Holder thereof or to authorize the Trustee to vote in respect of the claim of any Holder of a Junior Subordinated Note in any such proceeding.

• Every Junior Subordinated Note presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Trustee) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed, by the Holder thereof or his attorney duly authorized in writing.

• Unless otherwise provided as contemplated by Section 301 with respect to any series of Junior Subordinated Notes, interest (including Additional Interest) on any Junior Subordinated Note that is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Junior Subordinated Note (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest.

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

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 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.

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