Cash Pay Notes definition
Examples of Cash Pay Notes in a sentence
Notes authenticated and delivered after the Option Exercise Date may, and shall if required by the Trustee, bear a notation in a form approved by the Trustee as to the conversion of the Notes to Cash Pay Notes.
On and after the Redemption Date interest ceases to accrue on Cash Pay Notes or portions thereof called for redemption.
Subject to Section 3.03 of the Indenture, notice of redemption will be mailed by first-class mail at least 30 days but not more than 60 days before the Redemption Date (except that redemption notices may be mailed more than 60 days prior to a Redemption Date if the notice is issued in connection with Article 8 or Article 11 of the Indenture) to each Holder whose Cash Pay Notes are to be redeemed at its registered address.
The terms of the Cash Pay Notes include those stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939, as amended (the “Trust Indenture Act”).
The Cash Pay Notes are subject to all such terms, and Holders are referred to the Indenture and such Act for a statement of such terms.