Subordinated Guarantee definition

Subordinated Guarantee means the Bank's guarantee, on a subordinated basis, of the Company Preferred Securities, pursuant to the UBS AG Subordinated Guarantee Agreement, dated as of _______ __, 200-, and as from time to time amended, modified or supplemented.
Subordinated Guarantee means the guarantee, on a subordinated basis, of the [Trust][Company] Preferred Securities, pursuant to the [Trust][Company] Preferred Securities Subordinated Guarantee Agreement, dated as of [ ], between the Guarantor and JPMorgan Chase Bank, N.A. as from time to time amended, modified or supplemented.

Examples of Subordinated Guarantee in a sentence

  • The Guarantor has irrevocably and (subject as provided in the Subordinated Guarantee referred to below) unconditionally guaranteed the due payment of all sums expressed to be payable by the Issuer under the Subordinated Notes and Coupons on a subordinated basis.

  • No collateral is or will be given for the payment obligations under the Subordinated Guarantee, and any collateral that may have been or may in the future be given in connection with other indebtedness of the Guarantor shall not secure the payment obligations under the Subordinated Guarantee.

  • The obligations of the Guarantor under the Subordinated Guarantee are contained in the Trust Deed.

  • The rights and claims of the Perpetual Securityholders in respect of the Subordinated Guarantee are subordinated as provided in this Condition 3(b).

  • No collateral is or will be given for the payment obligations under the Subordinated Guarantee and any collateral that may have been or may in the future be given in connection with other indebtedness of the Guarantor shall not secure the payment obligations under the Subordinated Guarantee.


More Definitions of Subordinated Guarantee

Subordinated Guarantee means the guarantee given by the Issuer in a deed of guarantee dated 17 April 2000 in respect of the U.S.$900,000,000 10.176 per cent. Non-cumulative Step-up Perpetual Preferred Securities (Series 2) of HSBC Capital Funding (Dollar 1) L.P.
Subordinated Guarantee means the subordinated guarantee in respect of the Preferred Securities executed by the Guarantor on 30th March, 2005 as a deed poll;
Subordinated Guarantee means a Guarantee executed by the Borrower or any Subsidiary of the Borrower by virtue of its execution of the Holdings Senior Notes Indenture solely for the purpose of being obligated under the guaranty provisions contained in [ARTICLE XI AND ARTICLE XII] thereof pursuant to which it, on a subordinated basis, guarantees payment of the Holdings Senior Notes on terms satisfactory to the Administrative Agent and the Required Lenders, which terms shall generally include, without limitation, the following: (a) an agreement that (i) each of the Trustee and the Noteholders will not, directly or indirectly, make any demand for payment or other amount or exercise any other right or remedy under such guaranty, and will not take, accept, receive or retain any such payment or other amount or the benefit of any such other right or remedy, and (ii) such guarantor will not, directly or indirectly, make or pay any payment or other amount or provide any other benefit to or for the benefit of the Trustee or any holder of the Holding Senior Notes, in each case unless and until each of the following two conditions has been satisfied: (A) a Holdings Senior Notes Event of Default shall have occurred and be continuing and the Administrative Agent (with a copy to its counsel) shall have received at least ten Business Days' prior written notice of such Holdings Senior Notes Event of Default, and (B) none of (1) an Event of Default under clause (a) of Section 11.1 shall have occurred (unless such Event of Default shall have been cured or waived or all Obligations have been paid in full in cash and all Commitments have terminated or expired), (2) the maturity of any of the Loans or other Obligations shall have been accelerated (unless such acceleration has been rescinded), (C) an Event of Default under clause (e) or clause (f) of Section 11.1 shall have occurred or (D) a 179 day blockage period shall be in effect (which blockage period may be commenced by the giving of a blockage notice by the Administrative Agent to the Trustee after the occurrence of any Event of Default); (b) an agreement of each of the Trustee and the Noteholders that, in the event it receives, directly or indirectly, any payment or other amount from such guarantor that it is not permitted to receive, it will promptly, upon becoming aware thereof or upon written demand therefor made by the Administrative Agent or any Lender, deliver such payment or other amount, in the form received, to the Administrative Agent...
Subordinated Guarantee means the subordinated guarantee in respect of the Preferred Securities executed by the Guarantor on 8th June, 2005 as a deed poll;
Subordinated Guarantee means the subordinated guarantee of the Guarantor set forth in Section 1301, or established pursuant to an indenture supplemental hereto, the text of which shall be attached to any Security authenticated and delivered pursuant to this Indenture.
Subordinated Guarantee. Each Note will be fully and unconditionally guaranteed by a subordinated guarantee of Manulife Financial Corporation.
Subordinated Guarantee means any guarantee entered into by the Guarantor with respect to any Specified Facility, any Existing ECA Facility or any Other Obligations, each of which shall be subordinated in right of payment to the Guarantor’s obligations in respect of its Note Guarantee.