Subordinate Notes definition

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

Examples of Subordinate Notes in a sentence

  • If the Additional Notes are to be parity Senior Notes or parity Subordinate Notes, the Credit Provider consent(s) and Rating Confirmation(s) required pursuant to paragraph (4) above.

  • Ms. Louise Venables presented the SHREC Bond structure (for cash flow requirements) which is a bond in two ‘classes’; Class A, Senior Notes valued at $36.8 million and Class B, Subordinate Notes valued at $1.8 million.

  • Subordinate Notes were retired September 30, 1999 OperationsThe Project Account was established:• Pay the 104 Western Alignment's ongoing administrative cost.• Pay operating and maintenance costs for Cobequid Pass.

  • The remaining debt service for the 2008 Subordinate Notes was $4,034,388 while the debt service for the 2009 Series B COP related portion was $4,007,789; resulting in the aggregate difference in debt service amount of $26,599.

  • Business-Type Activities, Continued 2009 – Certificates of Participation Series B COP were issued in the principal amount of $10,250,000 to refinance the City's outstanding 2008 Subordinate Notes and 2005 bank note installment sale agreement.


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.
Subordinate Notes. The Class B-1 Notes and Class B-2 Notes.
Subordinate Notes. The Class M-1, Class M-2, Class M-3, Class M-4, Class B-1, Class B-2, Class B-3 and Class B-4 Notes.
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.
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.
Subordinate Notes means any Notes designated in a Supplemental Indenture as Subordinate Notes.
Subordinate Notes means the Class M Notes and the Class B Notes.