Other Note Redemptions Sample Clauses
Other Note Redemptions. (a) The Company will not, and will not permit any of its Restricted Subsidiaries to, redeem the Company’s 10.00% PIK / Cash Senior Secured Fourth Lien Notes issued on the Issue Date (the “Junior Notes”) or the Company’s 6.25% PIK Senior Notes due 2030 issued on the Issue Date (the “Unsecured Notes”) other than as otherwise set forth in this Indenture.
(b) Notwithstanding clause (a) above, the Company or any Restricted Subsidiary may redeem or refinance Indebtedness under the Junior Notes and/or the Unsecured Notes so long as the Securities and the Participating Notes are no longer outstanding as of such date (or are substantially concurrently redeemed or refinanced in whole).
Other Note Redemptions. (a) The Company will not, and will not permit any of its Restricted Subsidiaries to, redeem any Indebtedness which is unsecured, subordinated to the Notes or which is secured by a Lien which is junior in priority to the Notes, other than as otherwise set forth in this Indenture.
(b) Notwithstanding clause (a) above, the Company or any Restricted Subsidiary may redeem or refinance any Indebtedness which is unsecured, subordinated to the Notes or which is secured by a Lien which is junior in priority to the Notes, so long as the Notes are no longer outstanding as of such date (or are substantially concurrently redeemed, refinanced or converted in whole).