Subordinated Debt Trustee definition

Subordinated Debt Trustee means the trustee or agent, as the case may be, under the [Subordinated Debt Agreement] and, where relevant, includes any paying agent.] ARTICLE TWO
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Subordinated Debt Trustee means The Bank of New York, as trustee under the Indenture until a successor is appointed thereunder, and thereafter means such successor trustee.
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Subordinated Debt Trustee means The First National Bank of Chicago, a national banking association, as trustee under the Subordinated Indenture.
Sample 1

Examples of Subordinated Debt Trustee in a sentence

  • Hovnanian Subordinated Debt Trustee in accordance with the terms of the K.

  • Hovnanian Senior Subordinated Debt Trustee in accordance with the terms of the K.

  • The Subordinated Debt Trustee shall not be deemed to owe any fiduciary duty to the holders of Senior Indebtedness (except as provided in Section 2.03(b)).

  • This Agreement shall be binding upon the successors of the Company, RCCI and the Subordinated Debt Trustee, as trustee on behalf of the holders of the Subordinated Securities, and shall enure to the benefit of the successors and permitted assigns of the 2004 Note Trustee, as trustee on behalf of the holders of the 2004 Notes.

  • Neither the Subordinated Debt Trustee nor the 2004 Note Trustee shall have any personal responsibility or liability with respect to the covenant contained in section 1 hereof.

  • The Subordinated Debt Trustee shall be entitled to all the rights set forth in this Article Two with respect to any Senior Indebtedness which may at any time be held by it in its individual or any other capacity to the same extent as any other holder of Senior Indebtedness, and nothing in this [Subordinated Debt Agreement] shall deprive the Subordinated Debt Trustee of any of its rights as such holder.

  • The Subordinated Debt Trustee shall not be liable to any such holders if the Subordinated Debt Trustee shall in good faith mistakenly pay over or distribute to holders of Subordinated Debt Instruments or to the [Credit Party] or to any other person cash, property or securities to which any holder of Senior Indebtedness shall be entitled by virtue of this Article Two or otherwise.

  • With respect to the holders of Senior Indebtedness, the Subordinated Debt Trustee undertakes to perform or to observe only such of its covenants and obligations as are specifically set forth in Article Two, and no implied covenants or obligations with respect to the holders of Senior Indebtedness shall be read into this [Subordinated Debt Agreement] against the Subordinated Debt Trustee.

  • The Junior Subordinated Debt Securities are to be issued under the Indenture, dated as of January 1, 2008 (as supplemented from time to time, the “Junior Subordinated Debt Indenture” and together with the Senior Debt Indenture and the Subordinated Debt Indenture, the “Indentures”), by and between the Company and Wells Fargo Bank, National Association, as trustee (the “Junior Subordinated Debt Trustee” and, together with the Senior Debt Trustee and the Subordinated Debt Trustee, the “Trustee”).

  • The color of the velvet border of thehood indicates the field of study, while the lining designates the colors of the institution granting the degree.The gown for the bachelor’s degree has pointed sleeves and is worn closed.


More Definitions of Subordinated Debt Trustee

Subordinated Debt Trustee means The First National Bank of Chicago, a national banking association, as trustee under the Subordinated Indenture until a successor is appointed thereunder, and thereafter means such successor trustee.
Sample 1

Related to Subordinated Debt Trustee

  • Second Lien Notes Trustee “Second Lien Noteholder”, “High Yield Agent”, “HY Borrower”, “High Yield Creditor”, “High Yield Lender”, “Unsecured Agent”, “Unsecured Borrower”, “Unsecured Creditor”, “Unsecured Lender”, “Security Agent”, “Security Grantor”, “Senior Agent”, “Senior Arranger”, “Senior Borrower”, “Senior Creditor”, “Senior Guarantor”, “Senior Lender”, “Senior Secured Notes Guarantor”, “Senior Secured Notes Issuer”, “Senior Secured Notes Trustee”, “Senior Secured Noteholder”, “Subordinated Creditor”, “Permitted Affiliate Parent” or the “Company” shall be construed to be a reference to it in its capacity as such and not in any other capacity;

  • Subordinated Debt Documents means any documents evidencing and/or securing Debt governed by a Subordination Agreement, all of which documents must be in form and substance acceptable to Agent in its sole discretion. As of the Closing Date, there are no Subordinated Debt Documents.

  • Subordinated Debt is indebtedness incurred by Borrower subordinated to all of Borrower’s now or hereafter indebtedness to Bank (pursuant to a subordination, intercreditor, or other similar agreement in form and substance satisfactory to Bank entered into between Bank and the other creditor), on terms acceptable to Bank.

  • Senior Notes Trustee means any entity acting as trustee under any issue of Senior Notes (to the extent it has acceded to this Agreement in such capacity pursuant to a Creditor/Agent Accession Undertaking), in each case as the context requires.

  • Senior Secured Notes Trustee means The Bank of New York Mellon Trust Company, N.A. and its successors and assigns acting as trustee under the Senior Secured Notes Indenture.

  • Subordinated Debentures means the debentures exchangeable by the Company for the Preferred Stock in accordance with the Certificate of Designations therefor.

  • Notes Trustee has the meaning assigned to such term in the Recitals to this Agreement.

  • Second Lien Noteholders means the holders of the Second Lien Notes.

  • Subordinated Indebtedness Documents means any document, agreement or instrument evidencing any Subordinated Indebtedness or entered into in connection with any Subordinated Indebtedness.

  • Subordinated Indebtedness means any Indebtedness of the Borrower or any Subsidiary the payment of which is subordinated to payment of the obligations under the Loan Documents.

  • Note A-4 Trustee means the trustee under the Note A-4 PSA.

  • Senior Debt Documents means (a) the Credit Agreement Loan Documents and (b) any Additional Senior Debt Documents.

  • Senior Noteholders means the holders of the Senior Notes.

  • Junior Debt Documents means the agreements governing any Junior Debt.

  • Second Lien Notes Documents means the Second Lien Notes, the Second Lien Notes Indenture, the Second Lien Notes Security Documents and all other documents executed and delivered with respect to the Second Lien Notes or Second Lien Notes Indenture, as in effect on the Effective Date and as the same may be amended, modified and/or supplemented from time to time in accordance with the terms hereof and thereof.

  • Subordinated Lenders means each and every Person to whom any of the Subordinated Indebtedness are owed.

  • Note A-2 Trustee means the trustee under the Note A-2 PSA.

  • Guarantor Senior Indebtedness means the principal of (and premium, if any, on) and interest on (including interest accruing after the filing of a petition initiating any proceeding pursuant to any bankruptcy law, whether or not allowable as a claim in such proceeding) and other amounts due on or in connection with any Indebtedness of any Guarantor, whether outstanding on the date hereof or hereafter created, incurred or assumed, unless, in the case of any particular Indebtedness, the instrument creating or evidencing the same or pursuant to which the same is outstanding expressly provides that such Indebtedness shall not be pari passu with the Guarantees. Without limiting the generality of the foregoing, "Guarantor Senior Indebtedness" shall include the principal of (and premium, if any, on) and interest (including interest accruing after the filing of a petition initiating any proceeding pursuant to any bankruptcy law, whether or not allowable as a claim in such proceeding) on all obligations of every nature of any Guarantor to the Lenders under the New Bank Credit Agreement and to the Holders of the Securities, and any interest rate or foreign exchange agreement now existing or hereinafter entered into by any Guarantor with any Lender, including, without limitation, all fees, expenses (including fees and expenses of counsel), claims, charges and indemnity obligations. Notwithstanding the foregoing, "Guarantor Senior Indebtedness" shall not include (i) Indebtedness evidenced by the guarantees of the Senior Subordinated Notes, (ii) Indebtedness of any Guarantor that is expressly subordinated in right of payment to any of such Guarantor's Guarantees, (iii) Indebtedness of any Guarantor that by operation of law is subordinate to any general unsecured obligations of such Guarantor, (iv) Indebtedness represented by Redeemable Capital Stock, (v) Indebtedness of any Guarantor to ADT Limited or any of its Subsidiaries, (vi) any liability for federal, state, local or other taxes owed or owing by any Guarantor and (vii) trade payables owed or owing by any Guarantor.

  • Subordinated Lender means each Seller, in its capacity as subordinated lender pursuant to the relevant Subordinated Loan Agreement.

  • Subordination Agent Has the meaning specified in the Intercreditor Agreement.

  • Senior Secured Credit Facility means the Loan and Security Agreement, dated as of May 31, 2017 by and among the Company and Western Alliance Bank (as amended, amended and restated, supplemented or otherwise modified from time to time, subject to the limitations herein).

  • Secured Debt Documents means the Priority Lien Documents, the Parity Lien Documents and the Junior Lien Documents.

  • Subordinated Creditor means any creditor of Tenant which is a party to a Subordination Agreement in favor of Landlord.

  • Note A-3 Trustee means the trustee under the Note A-3 PSA.

  • Subordinated Note Indenture means the Indenture dated as of the Closing Date, among the Borrower, the guarantors party thereto and The Bank of New York, as trustee, pursuant to which the Subordinated Notes are issued, as the same may be amended, supplemented or otherwise modified from time to time to the extent permitted by Section 10.7(b).

  • Required Secured Creditors means (i) at any time when any Credit Document Obligations are outstanding or any Commitments under the Credit Agreement exist, the Required Lenders (or, to the extent provided in Section 13.12 of the Credit Agreement, each of the Lenders) and (ii) at any time after all of the Credit Document Obligations have been paid in full and all Commitments under the Credit Agreement have been terminated and no further Commitments may be provided thereunder, the holders of a majority of the Other Obligations.