Subordinated Loan Notes definition

Subordinated Loan Notes means any and all senior subordinated notes issued from time to time to Subordinated Lenders to evidence repayment of the Subordinated Indebtedness.
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Subordinated Loan Notes means loan notes which are issued by the Borrower to persons accepting an Offer:
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Subordinated Loan Notes means the US$75,000,000 4.75 per cent. Convertible Subordinated Notes due June 2003 issued by the Parent on 20th May, 1998.
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Examples of Subordinated Loan Notes in a sentence

  • The original New Subordinated Loan Notes delivered to a Security Agent and duly endorsed in favor of such Security Agent.

  • Leucadia will receive 26.4 million shares in the Company and US$100 million of Secured Subordinated Loan Notes upon financial close, which occurs when US$2 billion of secured debt and lease facilities have been established.

  • The Group issued a series of Floating Rate Subordinated Loan Notes due in 2034 and 2035, all of which have been listed on the Irish Stock Exchange.

  • There will be an additional benefit that the New Ordinary Shares, unlike the Perpetual Subordinated Loan Notes, will, along with the Existing Ordinary Shares, constitute qualifying Tier 1 capital for regulatory purposes.The Offer also includes the sale of Existing Ordinary Shares by the Selling Shareholders.

  • Interest payable to the Subordinated Loan Notes is not linked to market interest rate and therefore the Company has no material exposure to interest rate risk.

  • Four checks and warrants were outstanding for more than one year.

  • The Subordinated Loan Notes were issued pursuant to the terms of a Mortgage Sale Agreement and are not listed on any stock exchange.

  • The original New Subordinated Loan Notes delivered to a Security Agent and duly endorsed in favour of such Security Agent.

  • The size, nature and composition of the Group’s liabilities remained materially unchanged during the interim period except for the repayment on 28 March 2013 of the £50 million Perpetual Subordinated Loan Notes following Admission to the London Stock Exchange.

  • Share Capital In July 2001, 3,463,467 Ordinary Shares were allotted to those holders of the Group’s 8% Convertible Subordinated Loan Notes (‘CLNs’) who exercised their right to convert their CLN Redemption Amounts.


More Definitions of Subordinated Loan Notes

Subordinated Loan Notes means each promissory note issued under the Subordinated Loan Agreement evidencing the loans made pursuant to the term thereof, as from time to time renewed, extended, amended, supplemented, or restated, and any agreements representing the refinancing, replacement, or substitution in whole or in part thereof.
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Subordinated Loan Notes means those classes of Loan Notes which rank junior in priority to another class of Loan Notes; Subsequent Offer shall mean an offer made by the Transferor to assign or held on trust Receivables to or for the Receivables Trustee in accordance with clause 2.2 (Offer of Receivables) of the RSD; Subsequent Offer Date means the date on which the Transferor makes a Subsequent Offer in accordance with clause 2.2 (Offer of Receivables) of the RSD; Successor Cash Manager shall have the meaning specified in clause 43.3(b) (Loan Note Issuer No.1 to Act; Appointment of Successor) of the Security Trust Deed and Cash Management Agreement; Successor Servicer shall have the meaning specified in clause 11.3(b) (Receivables Trustee to Act; Appointment of Successor) of the Receivables Trust Deed and Servicing Agreement;
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Related to Subordinated Loan Notes

  • Subordinated Loans means any loan incurred by the Issuer or any of its Subsidiaries, if such loan (i) according to its terms (or pursuant to a subordination agreement on terms and conditions satisfactory to the Trustee) is subordinated to the obligations of the Issuer under the Terms and Conditions; (ii) according to its terms have a final redemption date or, when applicable, early redemption dates or instalment dates which occur after the Final Redemption Date; and (iii) according to its terms yield only payment-in-kind interest.

  • Subordinated Loan has the meaning set forth in Section 1.2(a) of the Agreement.

  • Subordinated Loan Agreement means the subordinated loan agreement dated on or about the Closing Date, as amended from time to time, and entered into by, amongst others, the Issuer, the Subordinated Lender and the Security Trustee, under which the Subordinated Lender will advance (or has advanced) the Subordinated Loan to the Issuer.

  • Subordinated Loan Documents means at any time the agreements and other documents then governing the Subordinated Indebtedness.

  • Term Loan Notes means the promissory notes of the Borrower (if any) in favor of any of the Term Loan Lenders evidencing the portion of the Term Loan provided by any such Term Loan Lender pursuant to Section 2.2(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Loan Notes means the promissory notes evidencing the Loans in the aggregate original principal amount of Two Hundred Million Dollars ($200,000,000) executed by Borrower in favor of Lenders, as they may be amended, supplemented, replaced or modified from time to time. The Loan Notes and any replacements thereof shall be substantially in the form of Exhibit C.

  • Revolving Loan Notes means with respect to any Borrower the promissory notes of such Borrower in favor of each Lender evidencing the Revolving Loans made to such Borrower and substantially in the form of Exhibit 2.7(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

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

  • Subordinated Lenders means the holders of Subordinated Debt.

  • Second Lien Loans means the “Loans” as defined in the Second Lien Credit Agreement and shall, for the avoidance of doubt, include Incremental Second Lien Loans.

  • Term Loan Note means a promissory note made by the Borrower in favor of a Term Loan Lender evidencing the portion of the Term Loans made by such Term Loan Lender, substantially in the form attached as Exhibit A-3, and any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • Subordinate Companion Loan A Companion Loan that, to the extent provided in the related Loan Documents and/or the related Co-Lender Agreement, is generally subordinate in right of payment to the related Split Mortgage Loan. The only Subordinate Companion Loans related to the Trust as of the Closing Date are evidenced by the Notes identified in the Loan Combination Table under the column heading “Subordinate Companion Loan(s),” each of which Notes evidences a separate Subordinate Companion Loan.

  • First Lien Loans means the “Loans” (or any comparable term) as defined in the First Lien Credit Agreement.

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • Second Lien Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.

  • Subordinate Lender means the person or entity named as such in the first paragraph of this Agreement and any other person or entity who becomes the legal holder of the Subordinate Note after the date of this Agreement.

  • Fundserv Notes means Notes purchased through Fundserv.

  • Subordinated Note Amount has the meaning set forth in the Recitals.

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.

  • Subordinated Amount As of any Distribution Date, the excess, if any, of (a) the aggregate Stated Principal Balance of the Mortgage Loans for such Distribution Date over (b) the aggregate of the Class Certificate Balances of the LIBOR Certificates as of such Distribution Date (after giving effect to the payment of the Principal Remittance Amount on such Certificates on such Distribution Date).

  • Term Notes means, collectively, the Term A Notes and the Term B Notes.

  • ABL Loans means the “Loans” as defined in the ABL Credit Agreement.

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

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

  • Revolving Loan Note means a promissory note in the form of Exhibit B-2, as it may be amended, supplemented or otherwise modified from time to time.

  • Loan Note means each Loan Note of the Borrower in the form of Exhibit C attached hereto, payable to the order of a Funding Agent for the benefit of the Lenders in such Funding Agent’s Lender Group, in the aggregate face amount of up to such Lender Group’s portion of the Maximum Facility Amount, evidencing the aggregate indebtedness of the Borrower to the Lenders in such Funding Agent’s Lender Group.