Junior Subordinated definition

Junior Subordinated. Debentures" means the series of junior subordinated debentures of the Company designated the __% Junior Subordinated Debentures due _________ __, 2002, to be issued under the Indenture as of the date hereof.

Junior Subordinated or "Subordinated" for "Senior" if the Offered Securities are Junior Subordinated Securities or Subordinated Securities. 21 the Underwriting Agreement, except such as are specified and have been obtained,

Junior Subordinated or "Subordinated" for "Senior" if the Offered Securities are Junior Subordinated Securities or Subordinated Securities.

Examples of Junior Subordinated in a sentence

• Senior Subordinated Securities shall rank junior to the Company’s Senior Indebtedness, equally and pari passu with all other Senior Subordinated Indebtedness and senior to any Junior Subordinated Indebtedness.

• Junior Subordinated Securities shall rank junior to the Company’s Senior Indebtedness and any Senior Subordinated Indebtedness and equally and pari passu with all other Junior Subordinated Indebtedness.

• The right, title and interest of the Property Trustee to the Junior Subordinated Notes shall vest automatically in each Person who may thereafter be appointed as Property Trustee in accordance with the terms hereof.

• This Guarantee Agreement will not be discharged except by payment of the Guarantee Payments in full (without duplication of amounts theretofore paid by the Issuer Trust) or upon the distribution of Junior Subordinated Debentures to Holders as provided in the Trust Agreement.

• If and when the Property Trustee shall be or become a creditor of the Depositor or the Trust (or any other obligor upon the Junior Subordinated Notes or the Trust Securities), the Property Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Depositor or Trust (or any such other obligor).

More Definitions of Junior Subordinated

Junior Subordinated. Debentures" means the $___________ aggregate principal amount of the Depositor's ____% Junior Subordinated Debentures, issued pursuant to the Indenture.

Junior Subordinated. Debentures: The 5.375% Junior Subordinated Convertible Debentures due 2013 of the Company issued to the Trust pursuant to the terms of the Indenture.

Junior Subordinated or "Subordinated" for "Senior" if the Offered Securities are Junior Subordinated Securities or Subordinated Securities. 25 Terms capitalized herein and not otherwise defined shall have the meanings assigned to them in the Textron Inc. Underwriting Agreement Standard Provisions (Debt).

Junior Subordinated. LOAN shall mean the loan in the original principal amount of $5,000,000 made by Junior Subordinated Lenders to Borrower pursuant to the Junior Subordinated Loan Instruments. JUNIOR SUBORDINATED LOAN INSTRUMENTS shall mean the Junior Subordinated Note Agreement, Junior Subordinated Notes and all other documents and instruments executed by Borrower or any Junior Subordinated Lender in connection with the Junior Subordinated Loan. JUNIOR SUBORDINATED NOTES shall mean those certain Junior Subordinated Notes Due June 30, 2003 in the aggregate principal amount of $5,000,000 issued by Borrower to Junior Subordinated Lenders pursuant to the Junior Subordinated Note Agreement.

Junior Subordinated or "Subordinated" for "Senior" if the Offered Securities are Junior Subordinated Securities or Subordinated Securities. 20 qualified under the Trust Indenture Act of 1939, as amended,

Junior Subordinated. Debentures: See the introductory paragraph to this Agreement.

Junior Subordinated. Note or Note(s)" - those certain promissory notes issued by Borrower to the Junior Subordinated Lender in the aggregate original principal amount of $7,500,000 each dated April 16, 1998 as further described on Exhibit A-1 hereto, together with any extensions thereof, securities issued in exchange therefor or modifications or amendments thereto.