Common use of Notation on or Exchange of Senior Notes Clause in Contracts

Notation on or Exchange of Senior Notes. If a modification, amendment, supplement or waiver changes the terms of a Senior Note, the Trustee may request the Holder of the Senior Note to deliver it to the Trustee. In such case, the Trustee shall place an appropriate notation on the Senior Note about the changed terms and return it to the Holder. Alternatively, if the Company or the Trustee so determines, the Company in exchange for the Senior Note shall issue and the Trustee shall authenticate a new security that reflects the changed terms. Failure to make the appropriate notation or issue a new Senior Note shall not affect the validity and effect of such modification, amendment, supplement or waiver.

Appears in 9 contracts

Samples: Execution (Mariner Health Care Inc), Genesis Health (Genesis Health Ventures Inc /Pa), Indenture (Mariner Post Acute Network Inc)

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Notation on or Exchange of Senior Notes. If a modification, amendment, supplement or waiver changes the terms of a Senior Note, the Trustee may request the Holder of the Senior Note to deliver it to the Trustee. In such case, the Trustee shall place an appropriate notation on the Senior Note about the changed terms and return it to the Holder. Alternatively, if the Company Issuers or the Trustee so determines, the Company Issuers in exchange for the Senior Note shall issue and the Trustee shall authenticate a new security that reflects the changed terms. Failure to make the appropriate notation or issue a new Senior Note shall not affect the validity and effect of such modification, amendment, supplement or waiver.

Appears in 3 contracts

Samples: Supplemental Indenture (Superior Essex Inc), Indenture (Essex Group Inc), Indenture (Superior Telecommunications Inc)

Notation on or Exchange of Senior Notes. If a modification, an amendment, supplement or waiver changes the terms of a Senior Note, the Trustee Issuers may request require the Holder of the Senior Note to deliver it to the Trustee. In such case, the The Trustee shall may place an appropriate notation on the Senior Note about regarding the changed terms and return it to the Holder. Alternatively, if the Company Issuers or the Trustee so determines, the Company determine in exchange for the Senior Note Note, the Issuers shall issue and the Trustee shall authenticate a new security Senior Note that reflects the changed terms. Failure to make the appropriate notation or to issue a new Senior Note shall not affect the validity and effect of such modification, amendment, supplement or waiver.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Reynolds Group Holdings LTD), Stock Purchase Agreement (Beverage Packaging Holdings (Luxembourg) IV S.a r.l.), Reynolds Group Holdings LTD

Notation on or Exchange of Senior Notes. If a modification, an amendment, supplement or waiver changes the terms of a Senior Note, the Trustee Issuers may request require the Holder of the Senior Note to deliver it to the Trustee. In such case, the The Trustee shall may place an appropriate notation on the Senior Note about regarding the changed terms and return it to the Holder. Alternatively, if the Company Issuers or the Trustee so determines, the Company determines in exchange for the Senior Note Note, the Issuers shall issue and the Trustee shall authenticate a new security Senior Note that reflects the changed terms. Failure to make the appropriate notation or to issue a new Senior Note shall not affect the validity and effect of such modification, amendment, supplement or waiver.

Appears in 2 contracts

Samples: Senior Notes Indenture (RenPac Holdings Inc.), Stock Purchase Agreement (RenPac Holdings Inc.)

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Notation on or Exchange of Senior Notes. If a modification, amendment, supplement or waiver changes the terms of a Senior Note, the Trustee may request the Holder of the Senior Note to deliver it to the Trustee. In such case, the Trustee shall place an appropriate notation on the Senior Note about the changed terms and return it to the Holder. Alternatively, if the Company or the Trustee so determines, the Company in exchange for the Senior Note shall issue and the Trustee shall -63- 67 authenticate a new security that reflects the changed terms. Failure to make the appropriate notation or issue a new Senior Note shall not affect the validity and effect of such modification, amendment, supplement or waiver.

Appears in 1 contract

Samples: Unison Healthcare Corp

Notation on or Exchange of Senior Notes. If a modification, amendment, supplement or waiver changes the terms of a Senior Note, the Trustee may request the Holder of the Senior Note to deliver it to the Trustee. In such case, the Trustee shall place an appropriate notation on the Senior Note about the changed terms and return it to the Holder. Alternatively, if the Company Issuer or the Trustee so determines, the Company Issuer in exchange for the Senior Note shall issue and the Trustee shall authenticate a new security that reflects the changed terms. Failure to make the appropriate notation or issue a new Senior Note shall not affect the validity and effect of such modification, amendment, supplement or waiver.

Appears in 1 contract

Samples: Indenture (Franks Nursery & Crafts Inc)

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