Subordinated Security definition

Subordinated Security or “Subordinated Securities” means any Security or Securities designated pursuant to Section 301 as a Subordinated Security.

Subordinated Security means any security issued under this Indenture which is designated as a Subordinated Security.

Subordinated Security or “Subordinated Securities” shall mean any security or securities of the Company without regard to series, authenticated and delivered under this Subordinated Indenture.

Examples of Subordinated Security in a sentence

• FOR VALUE RECEIVED, the undersigned hereby assigns and transfers this Senior Subordinated Security to: (Assignee’s social security or tax identification number) (Address and zip code of assignee) and irrevocably appoints agent to transfer this Senior Subordinated Security on the books of the Company.

• This Senior Subordinated Security is a single series note with a face value in aggregate principal amount as set forth on the front of this Senior Subordinated Security.

• The Senior Subordinated Security shall be substantially in the form of Annex C hereto, the Warrant Security shall be substantially in the form of Annex D hereto, and the Warrant shall be substantially in the form of Annex E hereto, the respective terms of which are incorporated in and made a part of this Agreement.

• Abbreviations The following abbreviations, when used in the inscription on the face of this Senior Subordinated Security, shall be construed as though they were written out in full according to applicable laws or regulations: TEN CON – as tenants in common TEN ENT – as tenants in the entireties JT TEN – as joint tenants with right of survival UNIF GIFT MIN ACT – under Uniform Gift to Minors Act and not as tenants Additional abbreviations may also be used though not in the above list.

• The Holders of this Senior Subordinated Security will be permitted to vote for two directors in the event interest is deferred for six quarters (regardless of whether such quarters are consecutive).

More Definitions of Subordinated Security

Subordinated Security or “Subordinated Securities” means any Senior Subordinated Security or Junior Subordinated Security.

Subordinated Security or “Subordinated Securities” means any Security or Securities designated pursuant to Section 3.01 as a Subordinated Security.

Subordinated Security or "Subordinated Securities" shall mean any security or securities of the Company without regard to series, authenticated and delivered under this Subordinated Indenture.

Subordinated Security or "Subordinated Securities" means Securities which, pursuant to Section 301(25), are expressly made subordinate in right of payment to Senior Indebtedness.

Subordinated Security or "Subordinated Securities"...........................................7 "Supplemental Subordinated Indenture"..........................................................7 "Trustee"......................................................................................7 "Trust Indenture Act"..........................................................................7 "United States Dollars"........................................................................7 "Unregistered Subordinated Security"...........................................................7 "U.S. Government Obligations"..................................................................7 "Yield to Maturity"............................................................................7 ARTICLE TWO ISSUE, DESCRIPTION, EXECUTION, REGISTRATION, TRANSFER AND EXCHANGE OF SUBORDINATED SECURITIES....................................................................7 SECTION 2.01. Form Of Subordinated Securities and Trustee's Certificate Of Authentication..............7 SECTION 2.02. Form of Trustee's Certificate of Authentication..........................................8 SECTION 2.03. Amount Unlimited, Issuable in Series.....................................................8 SECTION 2.04. Authentication and Delivery of Subordinated Indentures..................................11 SECTION 2.05. Execution of Subordinated Securities....................................................13 SECTION 2.06. Certificate of Authentication...........................................................14 SECTION 2.07. Denominations; Payment of Interest on Subordinated Securities...........................14 SECTION 2.08. Registration, Transfer and Exchange of Subordinated Securities..........................16 SECTION 2.09. Mutilated, Defaced, Destroyed, Lost and Stolen Subordinated Securities..................18 SECTION 2.10. Cancellation and Destruction of Surrendered Subordinated Securities.....................19 SECTION 2.11. Temporary Subordinated Securities.......................................................19 SECTION 2.12. Subordinated Securities in Global Form; Depositories....................................20 SECTION 2.13. CUSIP Numbers...........................................................................23 SECTION 2.14. Series May Include Tranches.............................................................23 ARTICLE THREE REDEMPTION OF SUBORDINATED SECURITIES AND SINKING FUNDS.....................................

Subordinated Security or “Subordinated Securities” means Securities which, pursuant to Section 301(25), are expressly made subordinate in right of payment to Senior Indebtedness.

Subordinated Security means all Encumbrances (whether now existing or created in future) affecting any property, assets and undertaking of any Obligor (whether present or future) and held by the Subordinated Parties to secure the Subordinated Obligations or any part thereof including, for greater certainty, the Texas Security;