Senior Subordinated Obligations definition

Senior Subordinated Obligations means any principal of, premium, if any, or interest on, or the redemption or the acquisition of, the Notes payable pursuant to the terms of the Notes or the Subsidiary Guarantees or upon acceleration, including any amounts received upon the exercise of rights of rescission or other rights of action (including claims for damages) or otherwise, to the extent relating to the redemption or purchase price of the Notes and the Subsidiary Guarantees or amounts corresponding to such principal, premium, if any, or interest on the Notes.

Senior Subordinated Obligations means all indebtedness and monetary obligations of the Issuer present and future that rank or are expressed to rank junior in right of payment (whether only in the event of the winding up of the Issuer or otherwise) to the claims of Senior Creditors but that are not subordinated so as to rank in point of subordination junior to any other obligations of the Issuer.

Senior Subordinated Obligations means any principal of, premium, if any, interest, or other amounts due, on the Notes payable pursuant to the terms of the Notes or upon acceleration, including any amounts received upon the exercise of rights of rescission or other rights of action (including claims for damages) or otherwise, to the extent relating to the purchase price of the Notes or amounts corresponding to such principal, premium, if any, or interest on the Notes.

Examples of Senior Subordinated Obligations in a sentence

• Ordinary Subordinated Obligations has the meaning ascribed to it in Condition 3(b)(i)(y) above; Senior Subordinated Obligations has the meaning ascribed to it in Condition 3(b)(i)(y) above.

• The payment obligation of the Issuer under the Senior Subordinated Notes and the payments of principal and interest relating to them shall at all times rank equally with all other Senior Subordinated Obligations (as defined below).

• Deeply Subordinated Obligations means any present or future deeply subordinated obligations (obligations subordonnées de dernier rang) of the Issuer which rank, or are expressed to rank, junior to the Senior Subordinated Obligations of the Issuer.Euronext Paris means Euronext Paris, a regulated market as defined in Directive 2014/65/EU of the European Parliament and of the Council dated 15 May 2014 on markets in financial instruments, as amended or any entity to which its function has been transferred.

• Senior Subordinated Obligations means any subordinated obligations of the Issuer which by law or their terms, and to the extent permitted by Spanish law, rank senior to the Subordinated Notes and/or to any other subordinated obligations of the Issuer ranking pari passu with the Subordinated Notes.

• Viatical investments create a secondary market for life insurance policy benefits sold by the original policyholder or “viator” to so-called viatical settlement providers.

More Definitions of Senior Subordinated Obligations

Senior Subordinated Obligations is defined to mean any principal of, premium, if any, or interest on the Securities payable pursuant to the terms of the Securities or upon acceleration, to the extent relating to the purchase of Securities or amounts corresponding to such principal, premium, if any, or interest on the Securities.

Senior Subordinated Obligations means any Obligations (including any bonds or notes) which constitute direct, unsecured and subordinated obligations of the Issuer and which rank and will at all times rank (i) equally and rateably with any other existing or future Senior Subordinated Obligations,(ii) in priority to present and future Equity Securities, Undated Junior Subordinated Obligations, Dated Junior Subordinated Obligations, Ordinary Subordinated Obligations, prêts participatifs granted to, and titres participatifs issued by the Issuer, and (iii) behind subordinated Obligations expressed to rank senior to Senior Subordinated Obligations if any, and behind Unsubordinated Obligations.

Senior Subordinated Obligations means the unpaid principal of, premium (if any) and interest on the Notes and all other obligations of the Company and the Subsidiaries of any kind whatsoever under or in respect of this Agreement and the Related Agreements.

Senior Subordinated Obligations means and includes any and all Indebtedness and/or liabilities of the Company to the Purchaser of every kind, nature and description, direct or indirect, secured or unsecured, joint, several, joint and several, absolute or contingent, due or to become due, now existing or hereafter arising, under this Agreement or any Other Agreement (regardless of how such Indebtedness or liabilities arise or by what agreement or instrument they may be evidenced or whether evidenced by any agreement or instrument) and all obligations of the Company to the Purchaser to perform acts or refrain from taking any action under any of the aforementioned documents, together with all renewals, modifications, extensions, increases, substitutions or replacements of any of such Indebtedness.

Senior Subordinated Obligations means any subordinated obligations of the Company which by law and/or their terms, and to the extent permitted by Spanish law (including contractually subordinated obligations of principal related to instruments not qualifying as Tier 2 Capital or Tier 1 Capital of Banco Santander), rank senior to the Subordinated Debt Securities of any series.

Senior Subordinated Obligations means, collectively, (a) the Senior Subordinated Note Obligations, and (b) obligations of the Issuer and/or the Co-Issuer in respect of other debt securities issued by the Issuer and/or the Co-Issuer and other obligations of the Issuer or the Co-Issuer for borrowed money, in each case (i) that, by their terms are to be included within "Senior Subordinated Obligations" and (ii) notice of which shall have been given to the Security Trustee by the Issuer; provided that "Senior Subordinated Obligations" shall not include any subordinated obligations that, by their terms, are to be excluded from "Senior Subordinated Obligations", including the Senior Obligations and the Junior Obligations;

Senior Subordinated Obligations means any principal of, premium, if any, or interest on the Company's 8 1/2% Senior Subordinated Notes due 2006 (the "Subordinated Notes") payable pursuant to the terms of such Subordinated Notes or upon acceleration, including any amounts received upon the exercise of rights of recission or other rights of action (including claims for damages) or otherwise, to the extent relating to the purchase price of the Subordinated Notes or amounts corresponding to such principal, premium, if any, or interest on the Subordinated Notes.