Undated Subordinated Notes definition

Undated Subordinated Notes means Notes specified in the applicable Pricing Supplement as undated subordinated notes; and
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Undated Subordinated Notes means Notes which are specified in the applicable Final Terms as being undated subordinated Notes;
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Undated Subordinated Notes means notes with no specified maturity date which are direct, unconditional, unsecured and subordinated obligations of the Issuer and rank pari passu without any preference among themselves and pari passu with any other existing or future direct, unconditional, unsecured and subordinated obligations of the Issuer with no specified maturity date (any such obligations, Undated Subordinated Obligations).
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Examples of Undated Subordinated Notes in a sentence

  • In either case the department must inform its employees which overtime option will apply to them for overtime purposes.

  • Payments of principal, premium (if any) and interest in respect of Undated Subordinated Notes will be made subject to the provisions of Conditions 3(c) and 3(g).

  • The rights of the holders of the Undated Subordinated Notes will, in the event of the winding-up of DSB, be subordinated in right of payment to the claims of DSB Prior Creditors, all as further described in Condition 3(c).

  • The rights of the holders of Undated Subordinated Notes will, in the event of the winding up of DSB, be subordinated in right of payment to the claims of DSB Prior Creditors (as defined below).

  • Undated Subordinated Step-up Notes, £600,000,000 Undated Subordinated Notes, €500,000,000 Fixed to Floating Rate Undated Subordinated Notes, £500,000,000 5.75 per cent.

  • The Undated Subordinated Notes issued by DSB will constitute direct and unsecured obligations of DSB and will rank pari passu without any preference among themselves.

  • Provisions relating to the deferral of interest on Undated Subordinated Notes will be set out in the relevant Pricing Supplement.

  • For the purposes of this paragraph and in relation to Undated Subordinated Notes only, for the avoidance of doubt, the exercise by the Issuer of its right, pursuant to Condition 5(e), not to make any payment(s) of interest in respect of Undated Subordinated Notes shall not constitute failure to make payment of interest.

  • This Condition 3(g) shall apply to all Notes which are specified in the Pricing Supplement as being Undated Subordinated Notes or Undated Subordinated Guaranteed Notes.

  • The rights of holders of the Dated Subordinated Notes will, in the event of the winding up of the Issuer, be subordinated in right of payment to the claims of depositors and all other creditors of Issuer and will rank senior to all claims under the Undated Subordinated Notes and the Undated Subordinated Guaranteed Notes.

Related to Undated Subordinated Notes

  • Existing Subordinated Notes means any instrument or loan issued or incurred before 1 January 2013, whether publicly or privately placed, ranking or expressed to be ranking pari passu with all other subordinated obligations (except for those subordinated obligations expressed by their terms to rank junior), provided that should any such Existing Subordinated Notes be amended in any way (contractually or by statute) which would result in allowing the Issuer to issue subordinated notes ranking senior thereto, then such Subordinated Notes would be deemed to no longer constitute an Existing Subordinated Note.

  • Senior Subordinated Notes means Borrower’s 8% Senior Subordinated Notes due 2012 issued pursuant to the Senior Subordinated Note Agreement and any registered notes issued by Borrower in exchange for, and as contemplated by, such notes with substantially identical terms as the notes.

  • Senior Subordinated Note Indenture the Indenture entered into by the Borrower and certain of its Subsidiaries in connection with the issuance of the Senior Subordinated Notes, together with all instruments and other agreements entered into by the Borrower or such Subsidiaries in connection therewith, as the same may be amended, supplemented or otherwise modified from time to time in accordance with Section 7.9.

  • 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.

  • Permitted Subordinated Debt means any Indebtedness of the Borrower or any Restricted Subsidiary evidenced by the Subordinated Debt Documents or otherwise on terms and (including without limitation subordination provisions) acceptable to the Administrative Agent and the Required Lenders.