Subordinated Notes definition

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 Notes shall have the meaning set forth in the preamble to this Agreement.

Subordinated Notes means Notes of a Subordinated Class of a Series.

Examples of Subordinated Notes in a sentence

• The obligations of the Issuer under the Notes may be either unsubordinated (Unsubordinated Notes) or subordinated (Subordinated Notes).

• Unless otherwise specified in the relevant Final Terms, payments of interest relating to Dated Subordinated Notes constitute obligations which rank equally with the obligations of the Issuer in respect of Unsubordinated Notes issued by the Issuer in accordance with Condition 3(a).

• Unless otherwise specified in the relevant Final Terms, payments of interest relating to Undated Subordinated Notes constitute obligations which rank equally with the obligations of the Issuer in respect of Unsubordinated Notes issued by the Issuer in accordance with Condition 3(a) and may be deferred in accordance with the provisions of Condition 5(h).

• Relevant Indebtedness means any indebtedness for borrowed money, represented by bonds or notes (obligations) which are for the time being, or are capable of being, quoted, admitted to trading or ordinarily traded in on any stock exchange, over-the-counter-market or other securities market, and which does not constitute Limited- recourse Borrowings.This Condition 4 shall not apply to Subordinated Notes.

• The use of the proceeds of issues of Undated Subordinated Notes will be set out in the applicable Final Terms.

More Definitions of Subordinated Notes

Subordinated Notes means Notes specified in the applicable Pricing Supplement as subordinated notes, which are either Dated Subordinated Notes or Undated Subordinated Notes (including the Subordinated Guaranteed Notes);

Subordinated Notes means the 9 1/2% Senior Subordinated Notes due 2007 issued pursuant to the Subordinated Note Indenture.

Subordinated Notes means the Notes (i) specified as such in the relevant Final Terms or Pricing Supplement, as applicable and (ii) having the status set out in Condition 4(c);

Subordinated Notes means any issuance of Notes under the Indenture by the Issuer that are part of a Class with an alphanumerical designation that contains any letter from “M” through “Z” of the alphabet.

Subordinated Notes means the series of subordinated debt securities ------------------ of the Guarantor designated the ___% Subordinated Deferrable Interest Notes due [_______, 2044] held by the Property Trustee.

Subordinated Notes. The subordinated notes issued pursuant to this Indenture and having the characteristics specified in Section 2.3.

Subordinated Notes means Notes of a subordinated class of a series.