Company: PFIS
Filing Date: 2025-08-01
Form Type: 424B3
Source: 0001104659-25-073147
Chunk: 55

Company: PEOPLES FINANCIAL SERVICES CORP.
Filing Date: 2025-08-01
Form: 424B3
Chunk 55
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 debentures, securities, notes or other similar instruments, and including, but not limited to all obligations to the Company’s general and secured creditors and obligations incurred in connection with the acquisition of property, assets or businesses;

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indebtedness of the Company for money borrowed or represented by purchase money obligations, as defined below;

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the Company’s obligations as lessee under leases of property whether made as part of a sale and leaseback transaction to which it is a party or otherwise;

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reimbursement and other obligations relating to letters of credit, bankers’ acceptances and similar obligations and direct credit substitutes;

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all obligations of the Company in respect of interest rate swap, cap or other agreements, interest rate future or option contracts, currency swap agreements, currency future or option contacts, commodity contracts and other similar arrangements or derivative products;

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all of the Company’s obligations issued or assumed as the deferred purchase price of property or services, but excluding trade accounts payable and accrued liabilities arising in the ordinary course of business;

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any other obligation of the Company to its general creditors;

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any of the above listed obligations of other persons the payment of which we are responsible or liable for, as obligor, guarantor, endorser or otherwise;

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any of the above listed obligations of other persons secured by any lien on any of our property or assets; and

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all amendments, deferrals, renewals, extensions, modifications and refundings of any of the above listed indebtedness or obligations.

However, “senior indebtedness” excludes any indebtedness, obligation or liability that:

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expressly states that it is junior to the notes;

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is subordinated to indebtedness, obligations or liabilities of the Company to substantially the same extent as or to a greater extent than the notes are subordinated;

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is identified as junior to, or equal in right of payment with, the notes in any board resolution establishing such indebtedness or in any indenture providing for such indebtedness;

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indebtedness that expressly provides that it shall not be senior in right of payment to the notes or expressly provides that it is on the same basis or junior to the notes; or

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any indebtedness between the Company and any of its subsidiaries.

For the avoidance of doubt, “senior indebtedness” does not include (a) the notes, (b) any subordinated debentures or junior subordinated debentures of the Company underlying trust preferred securities issued by subsidiary