Common use of Refinancing Equivalent Debt Clause in Contracts

Refinancing Equivalent Debt. (i) In lieu of incurring any Refinancing Loans, the Borrower may, upon notice to the Administrative Agent, at any time or from time to time after the Effective Date issue, incur or otherwise obtain (A) secured Indebtedness (including any Registered Equivalent Notes) in the form of one or more series of senior secured notes that are secured on a pari passu basis with the Loans (but without regard to the control of remedies) (such notes, “

Appears in 1 contract

Samples: Credit Agreement (Atlas Resource Partners, L.P.)

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Refinancing Equivalent Debt. (i) In lieu of incurring any Refinancing Term Loans, the Borrower may, upon notice to the Administrative Agent, at any time or from time to time after the Effective Closing Date issue, incur or otherwise obtain (A) secured Indebtedness (including any Registered Equivalent Notes) in the form of one or more series of senior secured notes or senior secured term loans that are secured on a pari passu basis with the Loans (but without regard to the control of remedies) Obligations (such notesnotes or loans, “

Appears in 1 contract

Samples: Pledge and Security Agreement (Lannett Co Inc)

Refinancing Equivalent Debt. (i) In lieu of incurring any Refinancing Loans, the Borrower may, upon notice to the Administrative Agent, at any time or from time to time after the Effective Date issue, incur or otherwise obtain (A) secured Indebtedness (including any Registered Equivalent Notes) in the form of one or more series of senior junior lien secured notes that are or junior lien secured on a pari passu basis with the Loans (but without regard to the control of remedies) loans (such notesnotes or loans, “

Appears in 1 contract

Samples: Credit Agreement (Titan Energy, LLC)

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Refinancing Equivalent Debt. (i) In lieu of incurring any Refinancing Term Loans, the Borrower may, upon written notice to the Administrative Agent, at any time or from time to time after the Effective Closing Date issue, incur or otherwise obtain (A) secured Indebtedness (including any Registered Equivalent Notes) in the form of one or more series of senior secured notes that are secured on a pari passu basis with the Loans Obligations (but without regard to the control of remedies) (such notes, “

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Concordia International Corp.)

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