Other Subordinate Obligation definition
Other Subordinate Obligation means the Corporation's obligations to pay any amounts under any Subordinate Swap Agreements, any Subordinate Credit Enhancement Facilities and any Subordinate Demand Purchase Agreements.
Other Subordinate Obligation means the Issuer's obligations to pay any amounts under any Subordinate Swap Agreements and any Subordinate Credit Enhancement Facilities.
Other Subordinate Obligation means the Corporation’s obligations to pay any amounts under any Subordinate Swap Agreements, any Subordinate Credit Enhancement Facilities and any Subordinate Demand Purchase Agreements. “Outstanding,” (1) when used with respect to any Note, shall (a) have the construction given to such word in Sections 1.6, 3.7 and 11.1 hereof, i.e., a Note shall not be Outstanding hereunder if such Note is at the time not deemed to be Outstanding hereunder by reason of the operation and effect of Section 1.6, Section 3.7 or Section 11.1 hereof, and (b) not include any Note Deemed Tendered; and (2) when used with respect to any Other Obligation, shall mean all Other Obligations which have become, or may in the future become, due and payable and which have not been paid or otherwise satisfied.