Subordinate Notes definition

Subordinate Notes means the B Notes and the C Notes, individually or collectively, as the context may require.
View Source
Subordinate Notes. The Class M-1, Class M-2, Class B-1 and Class B-2 Notes.
View Source
Subordinate Notes means the B Notes.
View Source

Examples of Subordinate Notes in a sentence

  • Allocations of principal will be made among the Class A-1 Notes, the Class A-2 Notes and the Subordinate Notes as provided in the Indenture.

  • The Senior Notes collectively are senior in right of payment to the Subordinate Notes, all as and to the extent provided in the Indenture.

  • The Subordinate Notes and the rights of the Subordinate Noteholders to receive payments of interest, principal and other amounts with respect to such Subordinate Notes shall at all times be junior, subject and subordinate to the A Notes and the Note A Holders to receive payments of interest, principal and other amounts with respect to such A Notes as set forth herein.

  • The Servicer shall provide to the OTS and the FDIC and to comparable regulatory authorities supervising Holders of Subordinate Notes and the examiners and supervisory agents of the OTS, the FDIC and such other authorities, access to the documentation regarding the Mortgage Loans required by applicable regulations of the OTS and the FDIC.

  • In the event that the Indenture Trustee determines that a conflict of interest exists between the Holders of the Class A Notes and the Holders of any Class of Subordinate Notes, then the Indenture Trustee shall be entitled to resign as the indenture trustee for all Classes of Notes other than the Class A Notes.


More Definitions of Subordinate Notes

Subordinate Notes. Any of the Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Notes.
View Source
Subordinate Notes. The Class B-1 Notes and Class B-2 Notes.
View Source
Subordinate Notes. The Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class B-1 and Class B-2 Notes.
View Source
Subordinate Notes means the Class M Notes and the Class B Notes.
View Source
Subordinate Notes means any Notes designated in a Supplemental Indenture as Subordinate Notes, which are secured under this Indenture on a basis subordinate to any Senior Obligations (as such subordination is described herein), on a basis senior to any Junior Subordinate Obligations (as such subordination is herein described), and on a parity with Other Subordinate Obligations.
View Source
Subordinate Notes means Note B-1-A, Note B-1-B, Note B-1-C, Note B-1-D, Note B-2-A, Note B-2-B, Note B-2-C, Note B-2-D, Note B-3-A, Note B-3-B, Note B-3-C and Note B-3-D, collectively.
View Source
Subordinate Notes means the Class B-1 Notes and the Class B-2 Notes.
View Source