Junior Subordinated Debt
Junior Subordinated Debt. Shall mean all Indebtedness of the Company now outstanding or hereafter incurred for money borrowed or any renewal or extension thereof, which is subordinate and junior in right of payment with respect to the general assets of the Company to Senior Debt and Senior Subordinated Debt in such manner and to such extent as shall have been approved in writing by the holder of the Note.
Found in
Money Tree, Inc. contract
Junior Subordinated Debt. The Borrower's junior subordinated notes in the aggregate amount of Sixty One Million Eight Hundred Fifty Seven Thousand and 00/100 Dollars ($61,857,000.00) with maturity dates of June 15, 2036 and June 15, 2037.
All Definitions
Found in
Luther Burbank Corp contract
