Unsubordinated Creditors means (a) all depositors of the Issuer and (b) all other creditors of the Issuer other than creditors in respect of Subordinated Indebtedness and creditors that rank or are expressed to rank pari passu in right of payment with the Subordinated Notes (in each case including liabilities of the offices and branches of the Issuer, wherever located); and

Unsubordinated Creditors means any person(s) to whom/which the Issuer owes an Unsubordinated Obligation.

Unsubordinated Creditors means all creditors of ANZBGL (including all depositors of ANZBGL) other than:

Examples of Unsubordinated Creditors in a sentence

For the purposes of this Condition, CBA is taken to be “Solvent” if: (a) it is able to pay its debts to Unsubordinated Creditors as they fall due; and (b) its Assets exceed its Liabilities.
The rights of the holders of the Dated Subordinated Notes and the Receipts and Coupons relating to them are subordinated on a winding- up to the claims of Unsubordinated Creditors (as defined below) and accordingly amounts payable in respect of such principal and interest shall be payable in such winding-up only if and to the extent that the Bank could be considered solvent at the time of payment thereof and still be considered solvent immediately thereafter.
The Lender, the Debtor and ASIC agree that the repayment of the Debt shall be subordinated at all times, unless and until ASIC gives a written consent under Clauses 5.1 or 5.2(a), to all the claims, demands, rights and causes of action of all Unsubordinated Creditors.
The Lender, the Borrower and ASIC mutually acknowledge, covenant and agree that the repayment of the Principal Sum and all other monies owing to the Lender pursuant to this Deed shall be subordinated at all times, during the term of the Subordinated Loan, to all the claims, demands, rights and causes of action of all Unsubordinated Creditors.
Consensus of board for further negotiations with Erlandsen to add data infusion at an extra cost.

More Definitions of Unsubordinated Creditors

Unsubordinated Creditors means the Debtor’s creditors (whether present or future, secured or unsecured) other than the Lender.

Unsubordinated Creditors means creditors of the Bank who are unsubordinated depositors or other unsubordinated creditors of the Bank, including (without limitation) holders of Senior Notes.

Unsubordinated Creditors means any person(s) to whom/which the Issuer or the Guarantor, as the case may be, owes an Unsubordinated Obligation.

Unsubordinated Creditors means all the creditors (present and future) of the Issuer:

Unsubordinated Creditors means creditors of the Issuer who are unsubordinated creditors of the Issuer.

Unsubordinated Creditors means any Person(s) to which a Person owes an Unsubordinated Obligation.

Unsubordinated Creditors means the holders of any indebtedness or other payment obligation of the Issuer that is not expressed to be subordinated by means of contractual agreement or as a matter of law (including claims against the Issuer under its senior non-preferred debt instruments within the meaning of Section 46f(6) sentence 1 of the German Banking Act (Kreditwesengesetz) or any successor provision). No subsequent agreement may limit the subordination of any Capital Securities or shorten the term of any series of Capital Securities or any notice period applicable to such series. No Holder may set off his claims arising under any series of the Capital Securities against any claims of the Issuer. No collateral or guarantee of whatever kind is, or shall at any time be, provided by the Issuer or any other person securing rights of the Holders under the any series of the Capital Securities, and any collateral or guarantee already provided or granted in the future in connection with the Issuer’s other liabilities may not be used for claims under the Capital Securities.”