Unsubordinated Notes definition

Unsubordinated Notes means the Notes (i) specified as such in the relevant Final Terms or Pricing Supplement, as applicable and (ii) having the status set out in Condition 4(a);

Unsubordinated Notes means any Notes issued with the status and characteristics set out in Condition 5(a) (Status of the Unsubordinated Notes) as specified in the relevant Final Terms; and

Unsubordinated Notes means the Notes (i) specified as such (or not specified as being issued on a subordinated basis) in the relevant Final Terms or Pricing Supplement and (ii) having the status set out in Condition 5.1 (Status – Unsubordinated Notes);

Examples of Unsubordinated Notes in a sentence

• The Unsubordinated Notes and, where applicable, any relative Receipts and Coupons are direct, general, unconditional, unsecured (subject to the provisions of Condition 4) and unsubordinated obligations of the Issuer and rank and will rank pari passu and without any preference among themselves and (subject to such exceptions as are from time to time mandatory under French law) equally and rateably with all other present or future unsecured and unsubordinated obligations of the Issuer.

• The obligations of the Issuer under the Notes may be either unsubordinated (Unsubordinated Notes) or subordinated (Subordinated Notes).

• Unless otherwise specified in the relevant Final Terms, payments of interest relating to Dated Subordinated Notes constitute obligations which rank equally with the obligations of the Issuer in respect of Unsubordinated Notes issued by the Issuer in accordance with Condition 3(a).

• Thus, holders of Subordinated Notes generally face a higher performance risk than holders of Unsubordinated Notes.

• The obligations of the Issuer under the Notes may be either unsubordinated ("Unsubordinated Notes") or subordinated ("Subordinated Notes"), as specified in the relevant Final Terms.

More Definitions of Unsubordinated Notes

Unsubordinated Notes means the Notes specified as such (or not specified as being issued on a subordinated basis) in the relevant Final Terms;

Unsubordinated Notes means notes, the principal and interest of which are unconditional, unsubordinated and unsecured obligations of the Issuer and rank and will rank pari passu without preference or priority among themselves and (save for certain obligations required to be preferred by French law) equally and rateably with all other present or future unsecured and unsubordinated indebtedness, obligations and guarantees of the Issuer.2.2 Payment on the Notes in the event of the liquidation of the IssuerIf any judgment is rendered by any competent court declaring the judicial liquidation (liquidation judiciaire) of the Issuer, or in the event of a transfer of the whole of the business of the Issuer (cession totale de l’entreprise) subsequent to the opening of a judicial recovery procedure (redressement judiciaire), or in the event of the voluntary dissolution of the Issuer or if the Issuer is liquidated for any other reason (other than pursuant to a consolidation, amalgamation or merger or other reorganisation outside the context of an insolvency), the payments of the creditors of the Issuer shall be made in the following order of priority (in each case subject to the payment in full of priority creditors):• unsubordinated creditors of the Issuer (including holders of Unsubordinated Notes);• ordinary subordinated creditors of the Issuer (including holders of Ordinary Subordinated Notes);• lenders in relation to prêts participatifs granted to the Issuer;• holders of titres participatifs issued by the Issuer; and• deeply subordinated creditors of the Issuer (including holders of Deeply Subordinated Notes).In the event of liquidation of the Issuer, the Notes shall rank in priority to any payments to holders of Equity Securities.

Unsubordinated Notes means Notes issued with the status and characteristics set out in Condition 5.1 (Status of the Unsubordinated Notes) as specified in the Applicable Pricing Supplement;

Unsubordinated Notes means, in relation to any Series, Notes issued on an unsubordinated basis which are secured limited recourse obligations of the Issuer ranking pari passu and without preference among themselves and secured in the manner described in the Principal Trust Deed and the relevant Applicable Supplement;

Unsubordinated Notes means notes, the principal and interest of which are unconditional, unsubordinated and unsecured obligations of the Issuer and rank and will rank pari passu without preference or priority among themselves and (save for certain obligations required to be preferred by French law) equally and rateably with all other present or future unsecured and unsubordinated indebtedness, obligations and guarantees of the Issuer.Interest a) The Euro 5 Year Non-Call Notes shall bear interest on their principal amount: from and including the Issue Date to, but excluding, 10 July 2018 (the

Unsubordinated Notes has the meaning given in Condition 6.1 (Status — Unsubordinated Notes and Unsubordinated MREL Notes).

Unsubordinated Notes means notes, the principal and interest of which are unconditional, unsubordinated and unsecured obligations of the Issuer and rank and will rank pari passu without preference or priority among themselves and (save for certain obligations required to be preferred by French law) equally and rateably with all other present or future unsecured and unsubordinated indebtedness, obligations and guarantees of the Issuer.