Common use of Lockheed Xxxxxx Senior Secured Notes Clause in Contracts

Lockheed Xxxxxx Senior Secured Notes. (i) The Lockheed Xxxxxx Senior Secured Notes, other than $31,256,675 principal amount of Lockheed Xxxxxx Senior Secured Notes issued to BPC Lending II LLC and up to $25,000,000 principal amount of Lockheed Xxxxxx Senior Secured Notes issued to Lockheed Xxxxxx subject to the shareholder redemption schedule set forth on Schedule 5.02 (the “Rollover Notes”), shall be repaid, discharged or otherwise retired substantially simultaneously with the issuance of the Additional Delayed Draw Senior Secured Notes and the Issuer shall have provided evidence of such repayment, retirement or discharge in form and substance reasonably satisfactory to the Purchasers and (ii) the Rollover Notes shall be documented by a loan agreement or note purchase agreement or an amendment to the NPA in form and substance reasonably acceptable to the Required Purchasers.

Appears in 2 contracts

Samples: Note Purchase Agreement (Terran Orbital Corp), Note Purchase Agreement (Terran Orbital Corp)

AutoNDA by SimpleDocs

Lockheed Xxxxxx Senior Secured Notes. (i) The Lockheed Xxxxxx Senior Secured Notes, other than $31,256,675 25,000,00031,256,675 principal amount of Lockheed Xxxxxx Senior Secured Notes issued to BPC Lending II II, LLC and up to $25,000,000 principal amount of Lockheed Xxxxxx Senior Secured Notes issued to Lockheed Xxxxxx subject to the shareholder redemption schedule set forth on Schedule 5.02 (the “Rollover Notes”), shall be repaid, discharged or otherwise retired substantially simultaneously with the issuance of the Additional Delayed Draw Senior Secured Notes and the Issuer shall have provided evidence of such repayment, retirement or discharge in form and substance reasonably satisfactory to the Purchasers and (ii) the Rollover Notes shall be documented by a loan agreement or note purchase agreement or an amendment to the NPA in form and substance reasonably acceptable to the Required Purchasers.

Appears in 1 contract

Samples: Note Purchase Agreement (Tailwind Two Acquisition Corp.)

AutoNDA by SimpleDocs

Lockheed Xxxxxx Senior Secured Notes. (i) The Lockheed Xxxxxx Senior Secured Notes, other than $31,256,675 25,000,000 principal amount of Lockheed Xxxxxx Senior Secured Notes issued to BPC Lending II II, LLC and up to $25,000,000 principal amount of Lockheed Xxxxxx Senior Secured Notes issued to Lockheed Xxxxxx subject to the shareholder redemption schedule set forth on Schedule 5.02 (the “Rollover Notes”), shall be repaid, discharged or otherwise retired substantially simultaneously with the issuance of the Additional Delayed Draw Senior Secured Notes and the Issuer shall have provided evidence of such repayment, retirement or discharge in form and substance reasonably satisfactory to the Purchasers and (ii) the Rollover Notes shall be documented by a loan agreement or note purchase agreement or an amendment to the NPA in form and substance reasonably acceptable to the Required Purchasers.

Appears in 1 contract

Samples: Note Purchase Agreement (Tailwind Two Acquisition Corp.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!