Trust Preferred Subdebt definition

Trust Preferred Subdebt means (i) $450,450,000 aggregate principal amount of 77/8% Dollar-denominated senior subordinated notes due 2008 issued by FMC Trust Finance S.à r.▇. Luxembourg to Fresenius Medical Care Capital Trust II, (ii) DM300,300,000 aggregate principal amount of 73/8% Deutsche m▇▇▇-denominated senior subordinated notes due 2008 issued by FMC Trust Finance S.à r.▇. Luxembourg to Fresenius Medical Care Capital Trust III and assumed by FMCAG as of December 23, 2004, (iii) $225,225,000 aggregate principal amount of 77/8% Dollar-denominated senior subordinated notes due 2011 issued by FMC Trust Finance S.à r.▇. Luxembourg-III to Fresenius Medical Care Capital Trust IV and (iv) €300,300,000 aggregate principal amount of 73/8 % Euro-denominated senior subordinated notes due 2011 issued by FMC Trust Finance S.à r.▇. Luxembourg-III to Fresenius Medical Care Capital Trust V and assumed by FMCAG as of December 23, 2004, in each case in connection with a related issuance of Trust Preferred Securities and, to the extent permitted hereunder, and any additional Subordinated Debt incurred in connection with a related issuance of additional Trust Preferred Securities issued after the Closing Date by members of the Consolidated Group.
View Source
Trust Preferred Subdebt means $450,450,000 aggregate principal amount of 7 7/8% US-dollar denominated senior subordinated notes due 2008 issued by FMC Trust Finance S.
View Source

Examples of Trust Preferred Subdebt in a sentence

  • The Lenders under this Credit Agreement, as holders of the “Specified Senior Indebtedness” referenced the Trust Preferred Subdebt shall have the exclusive right to send “Blockage Notices” in respect of the Trust Preferred Subdebt; provided that the Lenders under this Credit Agreement agree not to send any such “Blockage Notice” without the consent of or direction by the Required Lenders.

  • This Credit Agreement constitutes the “Bank Credit Agreement” under the Trust Preferred Subdebt Indentures and the loans and interest owing hereunder constitute “Senior Indebtedness” under the Trust Preferred Indentures.

  • The Bank Credit Agreement constitutes the “Bank Credit Agreement” under the Trust Preferred Subdebt and the loans and interest owing thereunder constitute “Senior Indebtedness” under the Trust Preferred Subdebt.

  • The Lenders under the Bank Credit Agreement, as holders of the “Specified Senior Indebtedness” referenced the Trust Preferred Subdebt shall have the exclusive right to send “Blockage Notices” in respect of the Trust Preferred Subdebt; provided that the Lenders under the Bank Credit Agreement agree not to send any such “Blockage Notice” without the consent of or direction by the Required Lenders.