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

Examples of Subordinated Security in a sentence

• 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 provisions of this Senior Subordinated Security are continued on the reverse side hereof and such provisions shall for all purposes have the same effect as though fully set forth at this place.

• Each Holder of this Senior Subordinated Security, by accepting the same agrees to and shall be bound by such provisions of the Agreement.

• 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 interest installment so payable, and punctually paid or duly provided for, on any Interest Payment Date will be paid to the person in whose name this Senior Subordinated Security is registered at the close of business on the regular record date for such installment of interest, which date shall be at the close of business on the 1st calendar day (whether or not a business day) of the month in which each Interest Payment Date occurs (each such date, the “Regular Record Date”).

More Definitions of 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 any Senior Subordinated Security or Junior 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 liens, security interests, charges, pledges, hypothecations, mortgages and other encumbrances from time to time granted by the Borrower to the Subordinated Parties as security for the Subordinated Indebtedness, and any arrangements having the effect of any of the foregoing, including any right of set off.