Junior Creditors definition

Junior Creditors means creditors of the Issuer whose claims rank, or are expressed to rank junior to, the claims of the Noteholders including holders of Junior Securities;

Junior Creditors means all holders of any Bank Junior Obligations.

Junior Creditors means creditors of the Company who are holders of any additional Tier 1 capital (within the meaning of the Capital Regulations) issued by the Company, and in each case any other obligations of the Company which rank or are expressed to rank pari passu with any of such obligations.

Examples of Junior Creditors in a sentence

• Subordination Agreements define an amount of the outstanding loans subordinated thereof, certain obligations of Junior Creditors and the Lending Company, and sets certain conditions on the treating of the Senior Liabilities in any winding up, bankruptcy, insolvency, reorganisation, composition of debts or similar proceedings or arrangement commenced by or against the Lending Company.

• Rights and obligations The Lending Company and the Junior Creditors undertake to ensure that there is no breach of the provisions of the Subordination Agreements.

• The Lending Company and the Junior Creditors undertake to amend the Loan Agreements and ensure that the Junior Liabilities shall become due and payable on the first business day occurring after the date on which all Senior Liabilities have been fully and irrevocably paid to Mintos and the Issuer and the Cooperation Agreement have terminated or the date occurring in 10 (ten) years after the repayment date under the Corporate Loan Agreements (whichever occurs earlier).

• If the provisions of the Subordination Agreements are breached by both the Lending Company and the Junior Creditors they shall be both jointly and severally liable for the breach and payment of the penalty.

More Definitions of Junior Creditors

Junior Creditors means each holder of the Junior Debt or any other Junior Obligations from time to time as permitted hereunder.

Junior Creditors means creditors of the Issuer who are holders of any additional tier 1 capital (within the meaning of the Capital Regulations issued by the Issuer (including the $1,150,000,000 8.000% Perpetual Subordinated Contingent Convertible Additional Tier 1 Capital Notes (Callable August 10, 2025 and Every Five Years Thereafter) (ISIN US780099CK11), the $1,500,000,000 6.000% Reset Perpetual Subordinated Contingent Convertible Additional Tier 1 Capital Notes (ISIN US780097BQ34), the £1,000,000,000 5.125% Reset Perpetual Subordinated Contingent Convertible Additional Tier 1 Capital Notes (ISIN XS2258827034), £400,000,000 4.500% Reset Perpetual Subordinated Contingent Convertible Additional Tier 1 Capital Notes (XS2315966742) and $750,000,000 4.600% Reset Perpetual Subordinated Contingent Convertible Additional Tier 1 Capital Notes (ISIN US639057AD02), and in each case any other obligations of the Issuer which rank or are expressed to rank pari passu with any of such obligations;

Junior Creditors means creditors of the Issuer whose claims rank, or are expressed to rank junior to, the claims of the Noteholders, including holders of Junior Securities;

Junior Creditors means creditors of the Issuer who are holders of any additional tier 1 capital (within the meaning of the Capital Regulations) issued by the Issuer (including the $1,150,000,000 8.000% Perpetual Subordinated Contingent Convertible Additional Tier 1 Capital Notes (Callable August 10, 2025 and Every Five Years Thereafter) (ISIN US780099CK11), the $1,500,000,000 6.000% Reset Perpetual Subordinated Contingent Convertible Additional Tier 1 Capital Notes (ISIN US780097BQ34), the £1,000,000,000 5.125% Reset Perpetual Subordinated Contingent Convertible Additional Tier 1 Capital Notes (ISIN XS2258827034), £400,000,000 4.500% Reset Perpetual Subordinated Contingent Convertible Additional Tier 1 Capital Notes (XS2315966742) and $750,000,000 4.600% Reset Perpetual Subordinated Contingent Convertible Additional Tier 1 Capital Notes (ISIN US639057AD02)), and in each case any other obligations of the Issuer which rank or are expressed to rank pari passu with any of such obligations;

Junior Creditors means (A) creditors of the Issuer in respect of (i) any additional tier 1 capital (within the meaning of the Capital Regulations (as defined in Condition 6.12)) issued by the Issuer,(ii) all undated or perpetual, junior subordinated obligations (including guarantee credit support or similar obligations) of the Issuer and (iii) any other obligations of the Issuer which by law rank, or by their terms are expressed to rank, junior to the Tier 2 Notes and (B) holders of all classes of share capital of the Issuer and, in each case, creditors of the Issuer in respect of any other obligations of the Issuer which by law rank, or by their terms are expressed to rank, pari passu with any of such obligations;

Junior Creditors means creditors of the Issuer who are holders of any additional Tier 1 capital (within the meaning of the Capital Regulations (as defined below)) issued by the Issuer (including the $2,650,000,000 8.625% Perpetual Subordinated Contingent Convertible Additional Tier 1 Capital Notes (Callable August 15, 2021 and Every Five Years Thereafter) (ISIN US780097BB64), the $2,000,000,000 7.500% Perpetual Subordinated Contingent Convertible Additional Tier 1 Capital Notes (Callable August 10, 2020 and Every Five Years Thereafter) (ISIN US780099CJ48) and the $1,150,000,000 8.000% Perpetual Subordinated Contingent Convertible Additional Tier 1 Capital Notes (Callable August 10, 2025 and Every Five Years Thereafter) (ISIN US780099CK11)), and in each case any other obligations of the Issuer which rank or are expressed to rank pari passu with any of such obligations.

Junior Creditors means (a) with respect to the Revolving Loan Priority Collateral, all Term Loan Creditors and (b) with respect to the Term Loan Priority Collateral, all Revolving Loan Creditors.