Examples of Subordinated Indentures in a sentence
This Agreement is a “Credit Agreement” for purposes of the Subordinated Indentures, the First Priority Notes Indentures and the Second Lien Notes Indentures.
The Junior Subordinated Debentures are governed by Subordinated Indentures and the Trust Securities are governed by declarations of trust (collectively, the "Trust Agreements"), with one institution generally serving as trustee under both the Subordinated Indenture and the Trust Agreement for each Trust (collectively, the "Subordinated Indenture Trustees").
The State has pledged that any draws will be honored in their entirety.It is important to note that all other funds of the Authority, including Public Project Revolving Funds that are subject to the General and Subordinated Indentures of Trust, are held outside of the STO with a Trustee and are secured in accordance with theAuthority’s Investment Policy.
The holder of a Convertible Debt Security may convert a portion thereof which is $1,000 or any integral multiple of $1,000 (Section 1402 of the Senior Indenture and Section 1502 of the 1986 and 1992 Subordinated Indentures).
In the case of Convertible Debt Securities called for redemption, conversion rights will expire at the close of business on the date fixed for the redemption specified in the Prospectus Supplement, except that, in the case of redemption at the option of such holder, if applicable, such right will terminate upon receipt of written notice of the exercise of such option (Section 1402 of the Senior Indenture and Section 1502 of the 1986 and 1992 Subordinated Indentures).