Subordinated Guaranteed Notes definition

Subordinated Guaranteed Notes means the Subordinated Notes specified in the applicable Pricing Supplement as Subordinated Guaranteed Notes, which are either Dated Subordinated Notes or Undated Subordinated Notes;
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Examples of Subordinated Guaranteed Notes in a sentence

  • Payments of principal, premium (if any) and interest in respect of Undated Subordinated Guaranteed Notes will be made subject to the provisions of Conditions 3(f) and 3(g).

  • The rights of the holders of Undated Subordinated Guaranteed Notes will, in the event of the winding-up of the relevant Guaranteed Issuer, be subordinated in right of payment to the claims of the Prior Creditors of that Guaranteed Issuer (as defined below).

  • Payments of interest in respect of Dated Subordinated Notes and Dated Subordinated Guaranteed Notes will be made subject to the provisions of Condition 3(b) and Condition 3(e), respectively.

  • It is intended that DSSFL will not engage in any business or incur any indebtedness for borrowed monies other than the issue of Subordinated Guaranteed Notes that qualify as Category II Supplementary Capital of DSB.

  • The Dated Subordinated Guaranteed Notes issued by a Guaranteed Issuer will constitute direct and unsecured obligations of that Guaranteed Issuer and will rank pari passu without any preference among themselves.

  • This Condition 3(g) shall apply to all Notes which are specified in the Pricing Supplement as being Undated Subordinated Notes or Undated Subordinated Guaranteed Notes.

  • The rights of holders of the Dated Subordinated Notes will, in the event of the winding up of the Issuer, be subordinated in right of payment to the claims of depositors and all other creditors of Issuer and will rank senior to all claims under the Undated Subordinated Notes and the Undated Subordinated Guaranteed Notes.

  • The Undated Subordinated Guaranteed Notes are guaranteed as to payment of principal and interest by DSB upon the terms of the Undated Subordinated Guarantee.

  • Dated Subordinated Guaranteed Notes constitute direct and unsecured obligations of the relevant Guaranteed Issuer, conditional and subordinated as described below, ranking pari passu without any preference among themselves.

  • The Notes shall be known and designated as the 11 1/4% Senior Subordinated Guaranteed Notes due 2009 of the Issuer.

Related to Subordinated Guaranteed Notes

  • Subordinated Note Indenture means the Indenture dated as of the Closing Date, among the Borrower, the guarantors party thereto and The Bank of New York, as trustee, pursuant to which the Subordinated Notes are issued, as the same may be amended, supplemented or otherwise modified from time to time to the extent permitted by Section 10.7(b).

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.

  • Subsidiary Guarantee Agreement means a Subsidiary Guarantee Agreement substantially in the form of Exhibit B, and all supplements thereto made by the Subsidiary Guarantors in favor of the Administrative Agent for the benefit of the Lenders.

  • Subordinated Note Documents means the indenture under which the Subordinated Notes were issued and all other instruments, agreements and other documents evidencing or governing the Subordinated Notes or providing for any Guarantee or other right in respect thereof.

  • Guaranteed Debt of any Person means, without duplication, all Indebtedness of any other Person referred to in the definition of Indebtedness below guaranteed directly or indirectly in any manner by such Person, or in effect guaranteed directly or indirectly by such Person through an agreement, made primarily for the purpose of enabling the debtor to make payment of such Indebtedness or to assure the holder of such Indebtedness against loss,