Status of Notes definition

Status of Notes. The obligations of each Issuer under the Notes will constitute direct, unconditional, unsubordinated or, with respect to Notes issued by NATIXIS, senior preferred (within the meaning of Article L.613-30-3- I 3° of the French Monetary and Financial Code) and (subject to the Terms and Conditions of the Notes) unsecured obligations of such Issuer, and shall at all times rank pari passu without any preference among themselves, all as described in Condition 3 (Status). Pursuant to the exercise of the bail-in power by the relevant resolution authority of the Issuer, the outstanding amounts of the Notes may be reduced (in whole or in part), converted into equity (in whole or in part) or cancelled and/or the maturity of the Notes or the amount of interest or the date on which interest becomes payable may be amended.
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Status of Notes. The Notes will constitute unsecured and unsubordinated obligations of the Issuer, all as described in ‘‘Terms and Conditions of the Notes – 3. Status’’. Financial Covenants and Information Undertakings: See ‘‘Terms and Conditions of the Notes – 5. Financial Covenants’’. Negative Pledge: See ‘‘Terms and Conditions of the Notes – 4. Negative Pledge’’. Cross Default: See ‘‘Terms and Conditions of the Notes – 11. Events of Default and Put Events’’. Ratings: The Issuer has been rated BBB-/F3 by Fitch Ratings Limited, BBB-/A-3 by Standard & Poor’s Rating Services and Baa2/Prime-2 by Xxxxx’x Investors Service. Tranches of Notes will be rated or unrated. Where a Tranche of Notes is to be rated, such rating will be specified in the relevant Final Terms. A rating is not a recommendation to buy, sell or hold securities and may be subject to suspension, reduction or withdrawal at any time by the assigning rating agency.
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Status of Notes. The obligations of each Issuer under the Notes will constitute direct, unconditional, unsubordinated or, with respect to Notes issued by NATIXIS, senior preferred (within the meaning of Article L.613-30-3-I 3° of the French Monetary and Financial Code) and (subject to the provisions of Condition 4 (Negative Pledge) of the Terms and Conditions of the Notes) unsecured obligations of such Issuer, and shall at all times rank pari passu without any preference among themselves, all as described in Condition 3 (Status). Pursuant to the exercise of the bail-in power by the relevant resolution authority of the Issuer, the outstanding amounts of the Notes may be reduced (in whole or in part), converted into equity (in whole or in part) or cancelled and/or the maturity of the Notes or the amount of interest or the date on which interest becomes payable may be amended.
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Examples of Status of Notes in a sentence

  • Its obligations in that respect (the “Guarantee”) are contained in the Deed of Guarantee.(b) Status of Notes and Guarantee: The Notes and the Receipts and Coupons relating to them constitute (subject to Condition 4) unsecured obligations of the Issuer and shall at all times rank pari passu and without any preference among themselves and with all other present and future unsecured obligations of the Guarantor.

  • Its obligations in that respect (the “Guarantee”) are contained in the Trust Deed.(h) Status of Notes and Guarantee The Notes and the Receipts and Coupons relating to them constitute (subject to Condition 4) unsecured obligations of the Issuer and shall at all times rank pari passu and without any preference among themselves.

  • Its obligations in that respect (the “Guarantee”) are contained in the Trust Deed.(b) Status of Notes and Guarantee: The Notes and the Coupons constitute (subject to Condition4) unsecured obligations of the Issuer and shall at all times rank pari passu and without any preference among themselves.

  • Status of Notes [Unsubordinated/Subordinated] PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE 13.

  • Status (a) Status of Notes: The Notes and any related Coupons constitute direct, general, unsecured, unconditional and unsubordinated obligations of the Issuer which will at all times rank pari passu without any preference among themselves and at least pari passu with all other present and future unsecured and unsubordinated obligations of the Issuer, save for such obligations as may be preferred by provisions of law that are both mandatory and of general application.

  • Status of Notes and Warrants as Qualified Investments..................

  • Status of Notes: The Issuer’’s obligations under Notes issued pursuant to the Programme to the holders thereof (Holders) will constitute unsecured and unsubordinated obligations of the Issuer ranking at least equally in right of payment with all other unsecured, unsubordinated indebtedness of the Issuer, other than indebtedness preferred solely by operation of law.

  • Status of Notes: The Notes and the Receipts and Coupons constitute direct, general, unconditional and unsecured obligations of the Issuer and shall at all times rank pari passu and without any preference among themselves.

  • Its obligations in that respect (the “Guarantee”) are contained in the Trust Deed.(b) Status of Notes and GuaranteeThe Notes and the Receipts and Coupons constitute (subject to Condition 4) unsecured obligations of the Relevant Issuer and shall at all times rank pari passu and without any preference among themselves.

  • Its obligations in that respect (the “Guarantee”) are contained in the Trust Deed.(b) Status of Notes and GuaranteeThe Notes and Coupons relating to them constitute direct, unconditional, unsubordinated and (subject to Condition 4) unsecured obligations of the Issuer and shall at all times rank pari passu and without any preference among themselves.


More Definitions of Status of Notes

Status of Notes. The obligations of each Issuer under the Notes will constitute direct, unconditional, unsubordinated or, with respect to Notes issued by NATIXIS, senior preferred (within the meaning of Article L.613-30-3- I 3° of the French Monetary and Financial Code) and (subject to the Terms and Conditions of the Notes) unsecured obligations of such Issuer, and shall at all times rank pari passu without any preference among themselves, all as described in Condition 3 (Status).
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Related to Status of Notes

  • Class of Notes means each of the Classes of Notes being:

  • Description of Notes means the “Description of the Notes” section of the Final Offering Memorandum.

  • U.S. Tax Certificate has the meaning assigned to such term in Section 2.17(f)(ii)(D)(2).

  • 2021 Notes means the 4.700% Senior Notes due 2021, originally issued by Ensco plc (now Valaris), a public limited company organized under the laws of England and Wales.

  • 2028 Notes means the Borrower’s $650,000,000 aggregate principal amount notes due June 13, 2028, issued in June 2023 and July 2023.

  • Holder of Notes means a Person in whose name a Note is registered in the Security Register.

  • 2029 Notes has the meaning specified in the recitals of this Supplemental Indenture.

  • 2022 Notes means the 6.25% Senior Notes due 2022 issued by the MLP and Finance.

  • Required Subordinated Amount of Class C Notes means, for the Class B ( - ) Notes for any date of determination, an amount equal to the sum of

  • Asset Backed Notes (the "Class A-2 Notes"), Class A-3 4.30% Asset Backed Notes (the "Class A-3 Notes"), Class A-4 4.36% Asset Backed Notes (the "Class A-4 Notes" and, together with the Class A-1 Notes, the Class A-2 Notes and the Class A-3 Notes, the "Class A Notes"), Class B 4.52% Asset Backed Notes (the "Class B Notes"), Class C 4.72% Asset Backed Notes (the "Class C Notes") and Class D 6.76% Asset Backed Notes (the "Class D Notes" and, together with the Class A Notes, the Class B Notes and the Class C Notes, the "Notes"), are issued under the Indenture, to which Indenture and all indentures supplemental thereto reference is hereby made for a statement of the respective rights and obligations thereunder of the Issuer, the Indenture Trustee and the Noteholders. The Notes are subject to all terms of the Indenture. The Class A-1 Notes are and will be equally and ratably secured by the collateral pledged as security therefor as provided in the Indenture. Interest on and principal of the Notes will be payable in accordance with the priority of payments set forth in Section 8.2 of the Indenture.

  • Favorable Opinion of Bond Counsel means an opinion or opinions of nationally recognized bond counsel to the effect that the action proposed to be taken is authorized or permitted by the Certificate and will not adversely affect the exclusion of interest on the Bonds from gross income for purposes of federal income taxation.

  • REMIC Opinion An Independent Opinion of Counsel, to the effect that the proposed action described therein would not, under the REMIC Provisions, (i) cause any REMIC created hereunder to fail to qualify as a REMIC while any regular interest in such REMIC is outstanding, (ii) result in a tax on prohibited transactions with respect to any REMIC created hereunder or (iii) constitute a taxable contribution to any REMIC created hereunder after the Startup Day.

  • Federal Tax Certificate means the Issuer's Federal Tax Certificate dated as of the Issue Date, as the same may be amended or supplemented in accordance with the provisions thereof.

  • Note Certificate means a certificate issued to each Registered Holder in respect of its registered holding of Notes;

  • Opinion of Bond Counsel means a written opinion of Bond Counsel.

  • Required Subordinated Amount of Class D Notes means, for the Class C( - ) Notes for any date of determination, an amount equal to the sum of

  • Series of Notes means the Notes and the Series of Notes secured by this Agreement as the same exist on the Effective Date, without giving effect to any amendments or modifications to said Notes or Series of Notes effected or made after any such Effective Date unless such amendments or modifications to said Notes or Series of Notes have been consented to in writing by Principal Life.

  • Existing Unsecured Notes the Borrower’s 11.5% Senior Notes due 2018, issued pursuant to the Existing Unsecured Indenture, outstanding on the Closing Date or subsequently issued in exchange for or in respect of any such notes.

  • 2018 Notes means the Company’s 7.75% Senior Subordinated Notes due 2018 issued under the Indenture dated December 14, 2010 among the Company, Holdings and the subsidiary guarantors from time to time party thereto and The Bank of New York Mellon Trust Company, N.A., as Trustee.

  • 2019 Notes has the meaning set forth in the definition of “2018 Exchange Offers”.

  • MAC Notes The Classes of Modifiable And Combinable STACR® Notes shown on

  • Existing Subordinated Notes means any instrument or loan issued or incurred before 1 January 2013, whether publicly or privately placed, ranking or expressed to be ranking pari passu with all other subordinated obligations (except for those subordinated obligations expressed by their terms to rank junior), provided that should any such Existing Subordinated Notes be amended in any way (contractually or by statute) which would result in allowing the Issuer to issue subordinated notes ranking senior thereto, then such Subordinated Notes would be deemed to no longer constitute an Existing Subordinated Note. As a result, in the event of liquidation or bankruptcy of the Issuer or in the event of a Moratorium (as defined in Condition 3 of the Conditions of the Notes) with respect to the Issuer, the claims of the holders of the Subordinated Notes ("Subordinated Noteholders") against the Issuer will be:

  • Required Subordinated Amount of Class B Notes means, for the Class A(2022-1) Notes for any date of determination, an amount equal to the product of

  • 2016 Notes means the aggregate principal amount of US$460,000,000 of 4.25% Convertible Senior Notes Due 2016 issued pursuant to the 2016 Note Indenture.

  • 2023 Notes means the 6 7/8% Notes due 2023 issued by NTL pursuant to the 1988 Indenture.

  • Lost Notes The original Mortgage Notes that have been lost, as indicated on the Mortgage Loan Schedule.