Sub Debt definition

Sub Debt means unsecured subordinated Debt that:

Sub Debt or similar financing arrangements.

Sub Debt means the Company's outstanding unsecured notes.

Examples of Sub Debt in a sentence

• For Sub Debt the Company has a rating of ‘IND AAA’ Stable by India Ratings & Research and [ICRA] AAA (Stable) by ICRA Ltd.

• Sub Debt was reviewed after ESA10 and at this stage of the project it is assumed that the Board will be required to provide the full 10% investment.

• The Sub Debt constitute unsecured liabilities of HLB, and is subordinated in right of payment to the deposit liabilities and all other liabilities of HLB in accordance with the terms and conditions of the issue and qualify as Tier 2 capital for the purpose of determining the capital adequacy ratio of HLB.

• For Sub Debt the Company has a rating of ‘IND AAA’ Stable by India Ratings & Research & [ICRA] AAA (Stable) by ICRA Ltd and CARE AAA (Stable) by CARE Ratings.

• We compared this recalculated information to the corresponding “Existing Additional Sub Debt Amount” information on the Final Data File and found such information to be in agreement.

More Definitions of Sub Debt

Sub Debt with the defined term "Sub Debt Claims".

Sub Debt means the Company's 9 7/8% Senior Subordinated Notes due 2007, the Company's 9 7/8% Series C Senior Subordinated Notes due 2007, and the Company's 8 3/4% Senior Subordinated Notes due 2008.

Sub Debt has the meaning specified in the preamble hereto.

Sub Debt means the loans made to Borrower by the Sub-Debt Provider pursuant to the Sub-Debt Documents.

Sub Debt means the Indebtedness under the Sub Debt Agreement.

Sub Debt shall have the meaning set forth in Section 5.15.

Sub Debt means indebtedness which is specifically subordinated to the Note and all other Obligations of CLC to the Bank on terms and conditions satisfactory to the Bank and which does not mature in whole or in part until at least one year following the maturity of the Note."