Common use of Outstanding Senior Notes Clause in Contracts

Outstanding Senior Notes. Senior Notes outstanding at any time are all the Senior Notes that have been authenticated by the Trustee except those canceled by it, those delivered to it for cancellation and those described in this Section as not outstanding. A Senior Note does not cease to be outstanding because the Company, the Subsidiary Guarantors or any of their respective Affiliates holds the Senior Note. If a Senior Note is replaced pursuant to Section 2.07 (other than a mutilated Senior Note surrendered for replacement), it ceases to be outstanding unless the Trustee receives proof satisfactory to it that the replaced Senior Note is held by a bona fide purchaser. A mutilated Senior Note ceases to be outstanding upon surrender of such Senior Note and replacement thereof pursuant to Section 2.07. If on a Redemption Date or the Maturity Date the Paying Agent (other than the Company or its Subsidiary or Affiliate) holds U.S. Legal Tender or U.S. Government Obligations sufficient to pay all of the principal and interest due on the Senior Notes payable on that date, then on and after that date such Senior Notes (to the extent of the principal amount redeemed, in the case of a partial redemption) cease to be outstanding and interest on them ceases to accrue.

Outstanding Senior Notes. Senior Notes outstanding at any time are all the Senior Notes that have been authenticated by the Trustee except those canceled by it, those delivered to it for cancellation and those described in this Section as not outstanding. A Senior Note does not cease to be outstanding because the CompanyPublishing, the Subsidiary Guarantors or any of their respective Affiliates holds the Senior Note. If a Senior Note is replaced pursuant to Section 2.07 (other than a mutilated Senior Note surrendered for replacement), it ceases to be outstanding unless the Trustee receives proof satisfactory to it that the replaced Senior Note is held by a bona fide purchaser. A mutilated Senior Note ceases to be outstanding upon surrender of such Senior Note and replacement thereof pursuant to Section 2.07. If on a Redemption Date or the Maturity Date the Paying Agent (other than the Company Parent or its Subsidiary or Affiliate) holds U.S. Legal Tender or U.S. Government Obligations sufficient to pay all of the principal and interest due on the Senior Notes payable on that date, then on and after that date such Senior Notes (to the extent of the principal amount redeemed, in the case of a partial redemption) cease to be outstanding and interest on them ceases to accrue.

Outstanding Senior Notes. The Senior Notes outstanding at any time are all the Senior Notes that have been authenticated by the Trustee except for those canceled by it, those delivered to it for cancellation cancellation, those reductions in the interest in a Global Note effected by the Trustee in accordance with the provisions hereof, and those described in this Section 2.08 as not outstanding. A Except as set forth in Section 2.09, a Senior Note does not cease to be outstanding because the Company, the Subsidiary Guarantors an Issuer or any an Affiliate of their respective Affiliates an Issuer holds the Senior Note. If a Senior Note is replaced pursuant to Section 2.07 (other than a mutilated Senior Note surrendered for replacement)2.07, it ceases to be outstanding unless the Trustee receives proof satisfactory to it that the replaced Senior Note is held by a bona fide purchaser. A mutilated If the principal amount of any Senior Note is considered paid under Section 4.01, it ceases to be outstanding upon surrender of such Senior Note and replacement thereof pursuant interest on it ceases to Section 2.07accrue. If on a Redemption Date or the Maturity Date the Paying Agent (other than the Company or its Issuers, a Subsidiary or Affiliatean Affiliate of any thereof) holds U.S. Legal Tender holds, on a Redemption Date or U.S. Government Obligations the Maturity, money sufficient to pay all of the principal and interest due on the Senior Notes payable on that date, then on and after that date such the Senior Notes (shall be deemed to the extent of the principal amount redeemed, in the case of a partial redemption) be no longer outstanding and shall cease to be outstanding and interest on them ceases to accrueaccrue interest.

Outstanding Senior Notes. The Senior Notes outstanding at any time are all the Senior Notes that have been authenticated by the Trustee except for those canceled by it, those delivered to it for cancellation cancellation, those reductions in the interest in a Global Note effected by the Trustee in accordance with the provisions hereof, and those described in this Section 2.08 as not outstanding. A Except as set forth in Section 2.09, a Senior Note does not cease to be outstanding because the Company, Issuer or an Affiliate of the Subsidiary Guarantors or any of their respective Affiliates Issuer holds the Senior Note. If a Senior Note is replaced pursuant to Section 2.07 (other than a mutilated Senior Note surrendered for replacement)2.07, it ceases to be outstanding unless the Trustee receives proof satisfactory to it that the replaced Senior Note is held by a bona fide purchaser. A mutilated If the principal amount of any Senior Note is considered paid under Section 4.01, it ceases to be outstanding upon surrender of such Senior Note and replacement thereof pursuant interest on it ceases to Section 2.07accrue. If on a Redemption Date or the Maturity Date the Paying Agent (other than the Company or its Issuer, a Subsidiary or Affiliatean Affiliate of any thereof) holds U.S. Legal Tender holds, on a Redemption Date or U.S. Government Obligations the Maturity, money sufficient to pay all of the principal and interest due on the Senior Notes payable on that date, then on and after that date such the Senior Notes (shall be deemed to the extent of the principal amount redeemed, in the case of a partial redemption) be no longer outstanding and shall cease to be outstanding and interest on them ceases to accrueaccrue interest.