Subordinated Interests definition

Subordinated Interests has the meaning set forth in Section 7.
Subordinated Interests means a class of Mortgage Securities that is subordinated to one or more other classes of Mortgage Securities, all of which classes share the same collateral.
Subordinated Interests means any Claim against any Debtor subject to subordination pursuant to section 510 of the Bankruptcy Code that existed immediately before the Effective Date.

Examples of Subordinated Interests in a sentence

  • I enclose a check or money order for the Subscription Price for the number of Class B Subordinated Interests indicated in A plus the Subscription Price for the number of Class B Subordinated Interests indicated in B.

  • Upon the delivery of the items listed in clauses (a) through (d) above, the existing Exchangeable Company Interest and the applicable Series Subordinated Interests, as the case may be, shall be deemed cancelled, the Trustee shall issue the applicable Series of Investor Certificates, dated the Exchange Date, and the applicable Series Subordinated Interests and the new Exchangeable Company Interest shall be deemed duly created, in each case as provided above.

  • The Subordinated Interests will not receive any Distribution of property from the estates under the Plan or through a Chapter 7 liquidation.

  • Consistent with section 3.4 of the Plan, the holders of Claims, other than the holders of Rejection Damages Claims, Disputed Cure Amount Claims and Subordinated Interests, shall not be subject to any Claims resolution process in the Bankruptcy Court.

  • I hereby irrevocably subscribe for the dollar amount of Class B Subordinated Interests indicated in A and B below upon the terms and conditions specified in the Prospectus related hereto, receipt of which is acknowledged.


More Definitions of Subordinated Interests

Subordinated Interests means classes of MBS that are subordinated in right of payments of principal and interest to more senior classes.
Subordinated Interests means those Interests of the Manager and certain other parties admitted by the Manager, in its sole discretion, which Interests are subordinate, as otherwise described in this Agreement, to the Preferred Interests held by the Preferred Members.
Subordinated Interests means any Claim against any Debtor subject to
Subordinated Interests shall have the meaning specified in the Indenture.
Subordinated Interests means a class of Mortgage-Backed Securities that is subordinated to one or more other classes of Mortgage-Backed Securities, all of which classes share the same collateral.
Subordinated Interests means the interests in the Owner Trust Estate designated as such and issued and delivered by the Issuer pursuant to Section 2.2.
Subordinated Interests means the Fixed Rate Certificates, the Reserve Regular Interest, the YSA Regular Interest, and the Interest Only Certificates.