Subordinated Note definition

Subordinated Note means the Subordinated Note (or collectively, the “Subordinated Notes”) in the form attached as Exhibit A hereto, as amended, restated, supplemented or modified from time to time, and each Subordinated Note delivered in substitution or exchange for such Subordinated Note.
Subordinated Note has the meaning set forth in the Purchase and Sale Agreement.
Subordinated Note means a promissory note in substantially the form of Exhibit VI hereto as more fully described in Section 1.2 of the Agreement, as the same may be amended, restated, supplemented or otherwise modified from time to time.

Examples of Subordinated Note in a sentence

  • For purposes of clarity, upon a partial redemption, a like percentage of the principal amount of every Subordinated Note held by every Holder shall be redeemed.

  • This Subordinated Note is not subject to redemption at the option of the Holder.

  • This Subordinated Note is not entitled to the benefit of any sinking fund.

  • The Redemption Price with respect to any redemption permitted under the Indenture will be equal to 100% of the principal amount of this Subordinated Note, or portion thereof, to be redeemed, plus accrued but unpaid interest and Additional Interest, if any, thereon to, but excluding, the Redemption Date.

  • Any redemption of this Subordinated Note shall be subject to the prior approval of the Federal Reserve (or its designee) or any successor agency, and any other banking regulatory agency, to the extent such approval shall then be required by law, regulation or policy.


More Definitions of Subordinated Note

Subordinated Note or “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.
Subordinated Note has the meaning set forth in the Sale Agreement.
Subordinated Note means each revolving promissory note issued by the Seller to the Originator under the Purchase Agreement.
Subordinated Note shall have the meaning specified in the Receivables Purchase Agreement.
Subordinated Note shall have the meaning given such term in Section 2.01(c) of the Sale Agreement.
Subordinated Note has the meaning specified therefor in the Recitals hereto.
Subordinated Note means that certain $[ ] subordinated promissory note, dated [ ], issued by Borrower to Subordinated Creditor, as amended, restated, supplemented or otherwise modified from time to time.