Subordinated Security definition

Subordinated Security or “Subordinated Securities” means any Security or Securities designated pursuant to Section 301 as a Subordinated Security.

Subordinated Security means any security issued under this Indenture which is designated as a Subordinated Security.

Subordinated Security or “Subordinated Securities” shall mean any security or securities of the Company without regard to series, authenticated and delivered under this Subordinated Indenture.

Examples of Subordinated Security in a sentence

• This Senior Subordinated Security is a single series note with a face value in aggregate principal amount as set forth on the front of this Senior Subordinated Security.

• Abbreviations The following abbreviations, when used in the inscription on the face of this Senior Subordinated Security, shall be construed as though they were written out in full according to applicable laws or regulations: TEN CON – as tenants in common TEN ENT – as tenants in the entireties JT TEN – as joint tenants with right of survival UNIF GIFT MIN ACT – under Uniform Gift to Minors Act and not as tenants Additional abbreviations may also be used though not in the above list.

• Each Holder of this Senior Subordinated Security, by accepting the same agrees to and shall be bound by such provisions of the Agreement.

• The provisions of this Senior Subordinated Security are continued on the reverse side hereof and such provisions shall for all purposes have the same effect as though fully set forth at this place.

• The interest installment so payable, and punctually paid or duly provided for, on any Interest Payment Date will be paid to the person in whose name this Senior Subordinated Security is registered at the close of business on the regular record date for such installment of interest, which date shall be at the close of business on the 1st calendar day (whether or not a business day) of the month in which each Interest Payment Date occurs (each such date, the “Regular Record Date”).

More Definitions of Subordinated Security

Subordinated Security or “Subordinated Securities” means any Senior Subordinated Security or Junior Subordinated Security.

Subordinated Security or "Subordinated Securities" means Securities which, pursuant to Section 301(25), are expressly made subordinate in right of payment to Senior Indebtedness.

Subordinated Security or "Subordinated Securities"...........................................7 "Supplemental Subordinated Indenture"..........................................................7 "Trustee"......................................................................................7 "Trust Indenture Act"..........................................................................7 "United States Dollars"........................................................................7 "Unregistered Subordinated Security"...........................................................7 "U.S. Government Obligations"..................................................................7 "Yield to Maturity"............................................................................7 ARTICLE TWO ISSUE, DESCRIPTION, EXECUTION, REGISTRATION, TRANSFER AND EXCHANGE OF SUBORDINATED SECURITIES....................................................................7 SECTION 2.01. Form Of Subordinated Securities and Trustee's Certificate Of Authentication..............7 SECTION 2.02. Form of Trustee's Certificate of Authentication..........................................8 SECTION 2.03. Amount Unlimited, Issuable in Series.....................................................8 SECTION 2.04. Authentication and Delivery of Subordinated Indentures..................................11 SECTION 2.05. Execution of Subordinated Securities....................................................13 SECTION 2.06. Certificate of Authentication...........................................................14 SECTION 2.07. Denominations; Payment of Interest on Subordinated Securities...........................14 SECTION 2.08. Registration, Transfer and Exchange of Subordinated Securities..........................16 SECTION 2.09. Mutilated, Defaced, Destroyed, Lost and Stolen Subordinated Securities..................18 SECTION 2.10. Cancellation and Destruction of Surrendered Subordinated Securities.....................19 SECTION 2.11. Temporary Subordinated Securities.......................................................19 SECTION 2.12. Subordinated Securities in Global Form; Depositories....................................20 SECTION 2.13. CUSIP Numbers...........................................................................23 SECTION 2.14. Series May Include Tranches.............................................................23 ARTICLE THREE REDEMPTION OF SUBORDINATED SECURITIES AND SINKING FUNDS.....................................

Subordinated Security or “Subordinated Securities” means Securities which, pursuant to Section 301(25), are expressly made subordinate in right of payment to Senior Indebtedness.

Subordinated Security means all Encumbrances (whether now existing or created in future) affecting any property, assets and undertaking of any Obligor (whether present or future) and held by the Subordinated Parties to secure the Subordinated Obligations or any part thereof including, for greater certainty, the Texas Security;

Subordinated Security or “Subordinated Securities” 7 “Supplemental Subordinated Indenture” 7 “Trustee” 7 “Trust Indenture Act” 7 “United States Dollars” 7 “Unregistered Subordinated Security” 7 “U.S. Government Obligations” 7 “Yield to Maturity” 7 ARTICLE TWO ISSUE, DESCRIPTION, EXECUTION, REGISTRATION, TRANSFER AND EXCHANGE OF SUBORDINATED SECURITIES 7 SECTION 2.01. Form Of Subordinated Securities and Trustee’s Certificate Of Authentication 7 SECTION 2.02. Form of Trustee’s Certificate of Authentication 8 SECTION 2.03. Amount Unlimited, Issuable in Series 8 SECTION 2.04. Authentication and Delivery of Subordinated Indentures 11 SECTION 2.05. Execution of Subordinated Securities 13 SECTION 2.06. Certificate of Authentication 14 SECTION 2.07. Denominations; Payment of Interest on Subordinated Securities 14 SECTION 2.08. Registration, Transfer and Exchange of Subordinated Securities 16 SECTION 2.09. Mutilated, Defaced, Destroyed, Lost and Stolen Subordinated Securities 18 SECTION 2.10. Cancellation and Destruction of Surrendered Subordinated Securities 19 SECTION 2.11. Temporary Subordinated Securities 19 SECTION 2.12. Subordinated Securities in Global Form; Depositories 20 SECTION 2.13. CUSIP Numbers 23 SECTION 2.14. Series May Include Tranches 23 ARTICLE THREE REDEMPTION OF SUBORDINATED SECURITIES AND SINKING FUNDS 23 SECTION 3.01. Applicability of Article 23

Subordinated Security or "Subordinated Securities" (except as otherwise provided in Section 7.4) has the meaning stated in the first recital of this Subordinated Indenture, or, as the case may be, Subordinated Securities that have been authenticated and delivered under this Subordinated Indenture.