Common use of Senior Notes Indenture Clause in Contracts

Senior Notes Indenture. The Obligations incurred in connection with the Loan Documents, after giving effect to the transactions and extensions of credit contemplated hereby, including the TexCal Acquisition, (a) constitute “Senior Debt”, as defined in the Senior Notes Indenture and (b) constitutes Indebtedness (as defined in the Senior Notes Indenture) that is permitted to be incurred under the Indenture pursuant to Section 3.3(a) of the Senior Notes Indenture. The Senior Notes and the Senior Note Subsidiary Guarantees are secured by the Liens granted under the Security Documents on an “equal and ratable” basis with the Liens securing the Obligations.

Appears in 1 contract

Samples: Term Loan Agreement (Venoco, Inc.)

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Senior Notes Indenture. The Obligations incurred in connection with the Loan Documents, after giving effect to the transactions and extensions of credit contemplated hereby, including the TexCal AcquisitionSpecified Acquisitions (if any), (a) constitute "Senior Debt”, ," as defined in the Senior Notes Indenture and (b) constitutes Indebtedness (as defined in the Senior Notes Indenture) that is permitted to be incurred under the Indenture pursuant to Section 3.3(a) of the Senior Notes Indenture. The Senior Notes and the Senior Note Subsidiary Guarantees are secured by the Liens granted under the Security Documents on an "equal and ratable" basis with the Liens securing the Obligations.

Appears in 1 contract

Samples: Term Loan Agreement (Venoco, Inc.)

Senior Notes Indenture. The Obligations incurred in connection with the Loan Documents, after giving effect to the transactions and extensions of credit contemplated hereby, including the TexCal Acquisition, (a) constitute "Senior Debt", as defined in the Senior Notes Indenture and (b) constitutes Indebtedness (as defined in the Senior Notes Indenture) that is permitted to be incurred under the Indenture pursuant to Section 3.3(a) of the Senior Notes Indenture. The Senior Notes and the Senior Note Subsidiary Guarantees are secured by the Liens granted under the Security Documents on an "equal and ratable" basis with the Liens securing the Obligations.

Appears in 1 contract

Samples: Term Loan Agreement (Venoco, Inc.)

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Senior Notes Indenture. The Obligations incurred in connection with the Loan Documents, after giving effect to the transactions and extensions of credit contemplated hereby, including the TexCal AcquisitionSpecified Acquisitions (if any), (a) constitute “Senior Debt”, ,” as defined in the Senior Notes Indenture and (b) constitutes Indebtedness (as defined in the Senior Notes Indenture) that is permitted to be incurred under the Indenture pursuant to Section 3.3(a) of the Senior Notes Indenture. The Senior Notes and the Senior Note Subsidiary Guarantees are secured by the Liens granted under the Security Documents on an “equal and ratable” basis with the Liens securing the Obligations.

Appears in 1 contract

Samples: Term Loan Agreement (Venoco, Inc.)

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