Subordinated Capital means any loan or credit which is fully subordinated to the Bond Issue.
Subordinated Capital means subordinated loans (according to their terms) or other instruments issued by the Issuer in the form of hybrid or subordinated capital but not constituting Fund Units which are non-callable and contain rights to defer interest payments in a stressed scenario until and including the Final Maturity Date;
Subordinated Capital means any loan granted or to be granted, with terms (including aggregate amount) and final structure acceptable to the Bond Trustee (acting in its sole discretion), inter alia to ensure that (i) such loan is fully subordinated to the Secured Obligations, and (ii) any repayment of principal, or payment of interest under any such loan, may only be made subject to all present and future obligations and liabilities under the Secured Obligations having been discharged in full.
Examples of Subordinated Capital in a sentence
Provisions applicable to Subordinated Capital NotesNot applicable36.
Amendment Option to disapply the Contractual Write Off Condition for Subordinated Capital Notes pursuant to Condition 6.10 (Disapplication of Contractual Conversion Condition or Contractual Write Off Condition)Not applicable68.
Substitution and variation for Subordinated Capital Notes upon a Change in LawNot applicable66.
Substitution and variation for Subordinated Capital NotesNot applicable65.
The account represents Subordinated Debt Series B which earns interest at 18 per cent per annum and the Junior Subordinated Capital made to Balikatan Housing Finance, Inc.
More Definitions of Subordinated Capital
Subordinated Capital means the sum of (i) Equity, (ii) any Subordinated Loans and (iii) the Second Lien Bonds.
Subordinated Capital means any loan or credit which is fully subordinated to the Bonds. “Subsidiary” means a company over which another company has Decisive Influence.
Subordinated Capital means any loan or credit granted or to be granted to the Issuer, with terms acceptable to the Bond Trustee (acting in its sole discretion), to ensure that (i) such loan is fully subordinated to the Bonds, and (ii) any repayment of, or payment of interest under, any such loan is subject to all present and future obligations and liabilities under the Finance Documents having been discharged in full, provided in each case any payment under Subordinated Capital is permitted to the extent qualifying as a permitted Distribution under Clause 13.5 (Distributions).
Subordinated Capital means the Initial Capital Contributions.
Subordinated Capital means the sum of all shares allocated by the Issuer under the Equity Issue and all Subordinated Loans granted to the Issuer within 31 March 2016 which shall be equal the NOK equivalent to USD 15 million. When calculating the NOK amounts the calculation shall be based on the Exchange Rate.
Subordinated Capital. Means the amount contributed by the Fortune Partners as Additional Capital Contributions necessary to fund any Excess Development and Construction Overruns.