Common use of High Yield Notes Issuer Clause in Contracts

High Yield Notes Issuer. If, at the time immediately prior to any High Yield Notes issue, the Company has drawn and has not repaid, or is entitled to draw, any amount under the Facilities (other than the Revolving Facility), the High Yield Notes Issuer must be the Finance Company or a Holding Company of the Company and the Company shall not be entitled to be the High Yield Notes Issuer.

Appears in 2 contracts

Samples: Senior Facilities Agreement (Nordic Telephone CO ApS), Senior Facilities Agreement (Nordic Telephone CO ApS)

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High Yield Notes Issuer. If, at the time immediately prior to any High Yield Notes issue, the Company Borrower has drawn and has not repaid, or is entitled to draw, any amount under the Senior Facilities (other than the Revolving FacilityFacility (as defined in the Senior Facilities Agreement)), the High Yield Notes Issuer must be the Finance Company or a Holding Company of the Company Borrower and the Company Borrower shall not be entitled to be the High Yield Notes Issuer.

Appears in 2 contracts

Samples: Bridge Facility Agreement (Nordic Telephone CO ApS), Bridge Facility Agreement (Nordic Telephone CO ApS)

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