Examples of Dutch Notes in a sentence
The U.S. Notes and Dutch Notes are collectively referred to in this Note as the "Notes." The Notes will not trade separately unless (i) an event of default on the Notes has occurred, (ii) a redemption of the Dutch Notes pursuant to Section 3.03(d) of the Indenture has occurred, or (iii) the occurrence of a Change of Control of Dutch Issuer.
Holders must surrender Dutch Notes to a Paying Agent to collect principal payments.
This Dutch Note is one of a duly authorized issue of Initial Dutch Notes of the Company designated as its 13% Senior Secured Notes due 2007 (the "Initial Dutch Notes").
The Dutch Notes include the Initial Dutch Notes and the Exchange Dutch Notes issued in exchange for the Initial Dutch Notes pursuant to the Registration Rights Agreement.
Each Unit consists of $809.5238095 principal amount of 13% Senior Secured Notes due 2007 of the Company (the "U.S. Notes") and $190.4761905 principal amount of 13% Senior Secured Notes due 2007 of Dutch Issuer (the "Dutch Notes" and, together with the U.S. Notes, the "Notes").
The terms of the Dutch Notes include those stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939 (15 U.S.C. Section 77aaa-77bbbb) as in effect and amended on the date of the Indenture (the "TIA").
The Notes will not trade separately unless (i) an event of default on the Notes has occurred, (ii) a tax redemption of the Dutch Notes pursuant to Section 3.03(d) of the Indenture has occurred, or (iii) the occurrence of a Change of Control of Dutch Issuer.
The Dutch Notes are subject to all such terms, and Holders are referred to the Indenture and the TIA for a statement of those terms.
Any such repurchase of the Notes will include both U.S. Notes and Dutch Notes on a pro rata basis based on the aggregate principal amount of the Notes outstanding at the time of redemption, unless a Change of Control of the Dutch Issuer has occurred.
Upon the occurrence of a Separation Event, the Company will, as soon as practicable, obtain CUSIP numbers and have such CUSIP numbers printed on the Dutch Notes and direct the Trustee to use such CUSIP numbers in notices of redemption as a convenience to Holders.