Junior Subordinated Debt definition

Junior Subordinated Debt means (a) subordinated junior deferrable interest debentures of the Borrower, (b) the related preferred securities, if applicable, of Subsidiaries of the Borrower and (c) the related subordinated guarantees, if applicable, of the Borrower, in each case, from time to time outstanding.

Junior Subordinated Debt means any Indebtedness of the Company created or evidenced by an instrument which expressly provides that such Indebtedness is subordinated in right of payment to the Securities.

Junior Subordinated Debt means Citigroup's:

Examples of Junior Subordinated Debt in a sentence

• The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the Junior Subordinated Debt Securities.

• Within five Business Days after the receipt of notice of the Depositor's exercise of its right to defer the payment of interest on the Junior Subordinated Debt Securities pursuant to the Indenture, the Administrative Trustee shall transmit, in the manner and to the extent provided in Section 10.09, notice of such exercise to the Securityholders and the Property Trustee, unless such exercise shall have been revoked.

• 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) or upon distribution of Junior Subordinated Debt Securities to Holders as provided in the Declaration of Trust.

• The proceeds from the issuance of the Trust Capital Securities were invested in substantially similar Junior Subordinated Debt of the Company.

• Pursuant to Section 10.06 of the Indenture, the Depositor, as borrower on the Junior Subordinated Debt Securities, has agreed to, and it shall, promptly pay any taxes, duties or governmental charges of whatever nature (other than United States withholding taxes) imposed on the Trust by the United States or any other taxing authority.

More Definitions of Junior Subordinated Debt

Junior Subordinated Debt means any unsecured Debt of the Company or a Subsidiary of the Company that is (i) issued in exchange for the proceeds of Hybrid Equity Securities or Hybrid Preferred Securities and (ii) subordinated to the rights of the Banks hereunder and under the other Credit Documents pursuant to terms of subordination substantially similar to those set forth in Exhibit E, or pursuant to other terms and conditions satisfactory to the Majority Banks.

Junior Subordinated Debt means any unsecured Debt of the Borrower or a Subsidiary of the Borrower (i) issued in exchange for the proceeds of Hybrid Preferred Securities and (ii) subordinated to the rights of the Lenders hereunder and under the other Loan Documents pursuant to terms of subordination substantially similar to those set forth in Exhibit G, or pursuant to other terms and conditions satisfactory to the Required Lenders.

Junior Subordinated Debt means any Debt of the Company or any subsidiary which is (a) issued on or after the Issue Date of this Note and which is expressly subordinated in right of payment to any Debt of the Company, or (b) owing to any subsidiary or affiliate of the Company.

Junior Subordinated Debt has the meaning specified in the Indenture.

Junior Subordinated Debt means subordinated debt, which is subordinated to other subordinated debt;

Junior Subordinated Debt means indebtedness for borrowed money that is secured by liens filed by or on behalf of the holders of Senior Secured Debt or is not secured by any liens or other similar encumbrances on the common shares or assets of the Corporation, including the Xxxxx Project.

Junior Subordinated Debt means the Issuer’s outstanding obligations which constitute Tier 2 Capital and any other obligations of the Issuer which rank or are expressed to rank pari passu with the aforesaid obligations;