Junior Subordinated Debt Securities definition

Junior Subordinated Debt Securities means the aggregate principal amount of the Depositor's Junior Subordinated Debt Securities due [ ], issued pursuant to the Indenture.

Junior Subordinated Debt Securities means the aggregate principal amount of the Depositor's % Junior Subordinated Debt Securities due , issued pursuant to the Indenture.

Junior Subordinated Debt Securities has the meaning set forth in Section 2.1(a) hereof.

Examples of Junior Subordinated Debt Securities in a sentence

• The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the Junior Subordinated Debt Securities.

• Within five Business Days after the receipt of notice of the Depositor's exercise of its right to defer the payment of interest on the Junior Subordinated Debt Securities pursuant to the Indenture, the Administrative Trustee shall transmit, in the manner and to the extent provided in Section 10.09, notice of such exercise to the Securityholders and the Property Trustee, unless such exercise shall have been revoked.

• This Guarantee Agreement will not be discharged except by payment of the Guarantee Payments in full (without duplication of amounts theretofore paid by the Issuer) or upon distribution of Junior Subordinated Debt Securities to Holders as provided in the Declaration of Trust.

• This Guarantee Agreement shall terminate and be of no further force and effect upon (i) full payment of the Redemption Price of all Trust Securities, (ii) the distribution of Junior Subordinated Debt Securities to the Holders in exchange for all of the Trust Securities or (iii) full payment of the amounts payable in accordance with the Declaration of Trust upon liquidation of the Issuer.

• Pursuant to Section 10.06 of the Indenture, the Depositor, as borrower on the Junior Subordinated Debt Securities, has agreed to, and it shall, promptly pay any taxes, duties or governmental charges of whatever nature (other than United States withholding taxes) imposed on the Trust by the United States or any other taxing authority.

More Definitions of Junior Subordinated Debt Securities

Junior Subordinated Debt Securities means the series of junior subordinated debt securities to be issued by Bank United Corp. designated the "____% Junior Subordinated Debt Securities due ____" held by the Property Trustee as defined in the Declaration of the Trust.

Junior Subordinated Debt Securities means the series of Junior Subordinated Debt Securities to be issued by the Junior Subordinated Debt Securities Issuer under the Indenture to be held by the Institutional Trustee hereunder, a specimen certificate for such series of Junior Subordinated Debt Securities being attached hereto as Exhibit B.

Junior Subordinated Debt Securities means the series of 9.625% Junior Subordinated Debt Securities due 2040 designated the “9.625% Junior Subordinated Debt Securities due 2040”, held by the Institutional Trustee as defined in the Declaration of Trust.

Junior Subordinated Debt Securities has the meaning specified in Recital A.

Junior Subordinated Debt Securities has the meaning set forth in the preamble hereto.

Junior Subordinated Debt Securities means $__________ in aggregate principal amount of the Depositor's Junior Subordinated Debt Securities due ______ 15, 2030, issued pursuant to the Indenture.

Junior Subordinated Debt Securities means PC Bancorp’s unsecured floating rate junior subordinated debt securities due September 1, 2037.