Initial Subordinated Notes definition

Initial Subordinated Notes means the Subordinated Promissory Notes dated the date hereof issued by the Cayman Islands branch of the Guarantor.
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Initial Subordinated Notes has the meaning set forth in Section 2.14(a).
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Initial Subordinated Notes means the [ ]% subordinated notes due [ ] of the Guarantor or one of its branches or subsidiaries.
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Examples of Initial Subordinated Notes in a sentence

  • The Initial Subordinated Notes will be issued (i) to GCPHS in an aggregate principal amount set forth in its Subscription Agreement and (ii) to GCP CLO Holdings Sub LP in an aggregate principal amount set forth in its Subscription Agreement, in each case (x) for Cash and/or (y) in exchange for the transfer to the Borrower of Collateral Loans (valued at Market Value (which is not determined pursuant to clause (d) of the definition thereof)) of all such Collateral Loans.

  • The Subordinated Notes shall be initially issued in certificated form to the Trust (the "Initial Subordinated Notes") and shall be substantially in the Form of Exhibit B attached hereto.

  • The Subordinated Notes shall be initially issued in certificated form to the Trust (the "Initial Subordinated Notes") and shall be substantially in the Form of Exhibit B hereto.

  • Collectively, (a) the Initial Subordinated Notes and (b) the Subsequent Subordinated Notes.

  • The Subordinated Purchase Agreement, the Subordinated Indenture Amendment, the Subordinated Indenture, the Registration Rights Agreement, the Initial Subordinated Notes, the Subsequent Subordinated Purchase Agreement, the Subsequent Subordinated Indenture, the Subsequent Registration Rights Agreement and the Subsequent Subordinated Notes.


More Definitions of Initial Subordinated Notes

Initial Subordinated Notes means that certain (a) Senior Subordinate Promissory Note dated October 31, 2004, in the original principal amount of $6,400,000 made by Borrower payable to the order of PNC Venture Corp, (b) Senior Subordinate Promissory Note dated October 31, 2004, in the original principal amount of $9,600,000 made by Borrower payable to the order of PNC Equity Partners, L.P., and (c) Senior Subordinate Promissory Note dated October 31, 2004, in the original principal amount of $2,000,000 made by Borrower payable to the order of Erie Indemnity Company, which promissory notes and the indebtedness evidenced thereby are issued pursuant to the Subordinated Credit Agreement and are fully subordinated to the payment and performance in full of the Obligations pursuant to the terms of the Subordination Agreement, as the same may have been transferred from time to time in accordance with the terms thereof.
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Initial Subordinated Notes means the Subordinated Promissory Notes dated the date hereof issued by the Guarantor or one of its branches or subsidiaries.
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Initial Subordinated Notes means that certain (a) Senior Subordinate Promissory Note dated October 31, 2004, in the original principal amount of $6,400,000 made by Borrower payable to the order of PNC Venture Corp, (b) Senior Subordinate Promissory Note dated October 31, 2004, in the original principal amount of $9,600,000 made by Borrower payable to the order of PNC Equity Partners, L.P., and (c) Senior Subordinate Promissory Note dated October 31, 2004, in the original principal amount of $2,000,000 made by Borrower payable to the order of Erie Indemnity Company, which promissory notes and the indebtedness evidenced thereby are issued pursuant to the Subordinated Credit Agreement as the same may have been transferred prior to the date hereof.
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Initial Subordinated Notes. As defined in the preamble hereto.
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Initial Subordinated Notes means the US$ 5.75% Subordinated Notes due 2024 issued by the Borrower on 9 July 2019, where the Financial Indebtedness arising thereunder is subordinated to the claims of the Secured Parties on terms acceptable to the Agent (acting on the instructions of the Majority Lenders).
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Related to Initial Subordinated Notes

  • Existing Subordinated Notes means any instrument or loan issued or incurred before 1 January 2013, whether publicly or privately placed, ranking or expressed to be ranking pari passu with all other subordinated obligations (except for those subordinated obligations expressed by their terms to rank junior), provided that should any such Existing Subordinated Notes be amended in any way (contractually or by statute) which would result in allowing the Issuer to issue subordinated notes ranking senior thereto, then such Subordinated Notes would be deemed to no longer constitute an Existing Subordinated Note.

  • Senior Subordinated Notes means Borrower’s 8% Senior Subordinated Notes due 2012 issued pursuant to the Senior Subordinated Note Agreement and any registered notes issued by Borrower in exchange for, and as contemplated by, such notes with substantially identical terms as the notes.

  • Junior Subordinated Notes means the $__________ aggregate principal amount of the Depositor's Series __ ____% Junior Subordinated Notes due ____ __, ____, issued pursuant to the Subordinated Indenture.

  • Senior Subordinated Note Indenture the Indenture entered into by the Borrower and certain of its Subsidiaries in connection with the issuance of the Senior Subordinated Notes, together with all instruments and other agreements entered into by the Borrower or such Subsidiaries in connection therewith, as the same may be amended, supplemented or otherwise modified from time to time in accordance with Section 7.9.

  • 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.