Subordinated Indenture. ... 7 Subsidiary................................................. 7 trading day................................................ 8 Trustee.................................................... 8
Subordinated Indenture. The term “
Subordinated Indenture. The Company issued the Subordinated Notes under a Subordinated Indenture, dated as of September 28, 2012 (the “Base Indenture”), as amended and supplemented by a Second Supplemental Indenture, dated as of June 28, 2013 (the “Second Supplemental Indenture,” and the Base Indenture as amended and by the Second Supplemental Indenture, the “Subordinated Indenture”), each between the Company and the Trustee. This Subordinated Note is one of a duly authorized issue of Subordinated Debt Securities of the Company designated as its “5.158% Fixed-to-Floating Callable Subordinated Notes due 2023”. To the extent any provision of this Subordinated Note conflicts with the express provisions of the Subordinated Indenture, the provisions of the Subordinated Indenture shall govern and be controlling.
Subordinated Indenture. Enter into or agree to any amendment, modification or waiver of any term or condition of the Subordinated Indenture, the Subordinated Indenture Notes or the Subordinated Indenture Subsidiary Guaranty, or purchase, redeem or make any payment with respect to Indebtedness under the Subordinated Indenture Notes or the Subordinated Indenture Subsidiary Guaranty, or permit any of its Subsidiaries so to do, except the Borrower may make required payments to the extent expressly permitted pursuant to the subordination terms set forth therein.
Subordinated Indenture. The collective reference to the Indenture dated as of November 26, 1997 between the Company and the Indenture Trustee and the Indenture dated as of February 5, 1999 between the Company and the Indenture Trustee, and any such documents, instruments or agreements issued in exchange pursuant to the Exchange Offer.
Subordinated Indenture. With respect to the Subordinated Indenture, Administrative Borrower shall have provided to Agent (i) a copy of the Subordinated Indenture, together with any amendments or supplements thereto, certified by an officer of Administrative Borrower as being true and complete; and (ii) an officer’s certificate, signed by a Financial Officer, and otherwise in form and substance satisfactory to Agent and the Lenders, certifying (A) that no “Default” or “Event of Default” (as each term is defined in the Subordinated Indenture) exists under the Indenture, nor will exist after the making of the first Credit Event hereunder, (B) that all of the Obligations constitute “Senior Indebtedness”, “Guarantor Senior Indebtedness”, “Designated Senior Indebtedness” and “Guarantor Designated Senior Indebtedness” (as each term is defined in the Subordinated Indenture), and (C) as to such other matters with respect to the Subordinated Indenture as Agent shall deem necessary or appropriate.
Subordinated Indenture. (a) No “Default” or “Event of Default” (as each term is defined in the Subordinated Indenture) exists, nor will any such Default or Event of Default exist under the Subordinated Indenture (or note or other agreement executed in connection therewith) immediately after the occurrence of any Credit Event; (b) Schedule 6.22 hereto sets forth, as of the Closing Date, all of the “Credit Facilities” (as defined in the Subordinated Indenture); (c) all of the Obligations constitute “Senior Indebtedness”, “Guarantor Senior Indebtedness”, “Designated Senior Indebtedness”, and “Designated Guarantor Senior Indebtedness” (as each term is defined in the Subordinated Indenture); and (d) except for the Secured Obligations, no other Indebtedness of the Companies constitutes “Designated Senior Indebtedness” or “Designated Guarantor Senior Indebtedness” (as each term is defined in the Subordinated Indenture).
Subordinated Indenture. If (a) any “Event of Default” (as defined in the Subordinated Indenture) shall occur under any Subordinated Indenture; (b) the Obligations shall cease to be any of the following: “Senior Indebtedness”, “Guarantor Senior Indebtedness”, “Designated Senior Indebtedness”, and “Designated Guarantor Senior Indebtedness” under the Subordinated Indenture; (c) any Indebtedness other than the Obligations is designated as “Designated Senior Indebtedness” or “Designated Guarantor Senior Indebtedness” (as each term is defined in the Subordinated Indenture); or (d) any Indebtedness other than the Obligations is classified by Gibraltar as Indebtedness incurred pursuant to clause (l) of the second paragraph of Section 3.2 of the Subordinated Indenture.
Subordinated Indenture if (i) any Event of Default (as defined in the Subordinated Indenture) shall occur under the Subordinated Indenture, (ii) the Obligations shall fail to constitute “Senior Indebtedness” (as defined in the Subordinated Indenture), (iii) if any Indebtedness other than the Obligations is designated as “Designated Senior Indebtedness” (as defined in the Subordinated Indenture) or (iv) any Indebtedness other than the Obligations is classified by GII as Indebtedness incurred pursuant to clause (l) of the second paragraph of Section 3.2 of the Subordinated Indenture; or
Subordinated Indenture. The Company issued the Notes under a Subordinated Indenture dated as of (the “Indenture”) between the Company and the Trustee. The terms of the Notes include those stated in the Indenture and in [a Supplemental Indenture] [resolutions of [the Committee of] the Company’s Board of Directors] dated, and those terms made part of the Indenture by reference to the Trust Indenture Act of 1939, as amended (15 U.S.C. §§ 77aaa-77bbbb) (the “TIA”). The Notes are subject to all such terms, and Holders are referred to the Indenture and the TIA for a statement of such terms. The Notes are general obligations of the Company. “Notes” means this Note and all other Notes of the series of which this Note is a part. The Notes are “Securities” within the meaning of the Indenture, and references in the Indenture to “Securities” (including terms such as “Global Securities”) include the Notes (and any “Global Notes” as used herein).
