Examples of Junior Subordinated Notes in a sentence
As promptly as practicable after the date hereof, each Combination Party listed on Schedule 5.2 shall cause to be mailed to each of the respective stockholders and/or holders of Junior Subordinated Notes listed on Schedule 5.2 the form of Letter of Transmittal.
The Preferred Securities, the Common Securities and the Junior Subordinated Notes are collectively referred to herein as the “Securities.” This Purchase Agreement, the Indenture, the Trust Agreement, the Guarantee Agreement, the Parent Guarantee Agreement and the Securities are collectively referred to herein as the “Operative Documents.” All other capitalized terms used but not defined in this Purchase Agreement shall have the respective meanings ascribed thereto in the Indenture.
On the date hereof, the Corporation is issuing $700,000,000 aggregate principal amount of its Series A Junior Subordinated Notes (the “Series A Notes”) and $300,000,000 aggregate principal amount of its Series B Junior Subordinated Notes (the “Series B Notes” and, together with the Series A Notes, the “Notes” and each a “Series”), irrevocably and unconditionally guaranteed on an unsecured junior subordinated basis by each of Liberty Mutual Holding Company Inc.
On the date hereof, the Corporation is issuing $500,000,000 aggregate principal amount of its Series B Enhanced Junior Subordinated Notes due 2066 (the “Notes”).
The Sellers shall use the Purchase Price, together with the proceeds from the sale of the Common Securities, to purchase the Junior Subordinated Notes.