Elevated Notes definition

Elevated Notes means the senior secured fixed rate notes to be issued by the Issuer to certain Noteholders in exchange for Notes following the First Amendment Date in an amount of up to SEK 400,000,000 ranking senior to the Notes pursuant to the Intercreditor Agreement.
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Elevated Notes means the senior secured fixed rate notes to be issued by the Issuer to certain holders of Existing Notes in exchange for Existing Notes following the Existing Notes Amendment Date in an amount of up to SEK 400,000,000 ranking senior to the Existing Notes and pari passu to the Notes pursuant to the Intercreditor Agreement.
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Elevated Notes means the super senior secured notes issued by the Holdco from time to time in accordance with the Elevated Notes Terms and Conditions.
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Examples of Elevated Notes in a sentence

  • Consequently, the total nominal amount of Existing Notes which may be converted into Elevated Notes (and therefore also the total nominal amount of the Elevated Notes provided all eligible Noteholders convert) will be up to SEK 400,000,000.

  • After the conversion into Elevated Notes by certain Noteholders described above and after the Split, the Total Nominal Amount of the remaining Existing Notes shall be decreased by SEK 425,000,000 (the “Write-down Amount”) by way of a mandatory cancelation of Existing Notes pro rata (rounded down to the nearest SEK 1.00) between the Noteholders based on their holdings of Existing Notes after any conversion into Elevated Notes (the “Write Down”).

  • The D2 Shares will entitle the holder to any applicable payment of deferred interest on the Elevated Notes as further set out in the Waterfall Provision.The current majority shareholder of the Issuer, H.I.G. Luxembourg Holdings 56 S.À R.L, reg.

  • As a main rule, each of the Super Senior RCF, the New Notes, the Elevated Notes and the Existing Notes may be repaid in accordance with their terms.

  • Any Existing Notes exchanged for Elevated Notes will be cancelled in connection with the issue of the Elevated Notes.

  • The new D2 Shares shall be allocated to the holders of the Elevated Notes pro rata as per their ownership of Elevated Notes on the record date for the issuance of D2 Shares (target record date being 30 October 2023).

  • The proposed terms and conditions for the Elevated Notes are set substantially out in Schedule 5.The proposed amendments to the Intercreditor Agreement are substantially set out in Schedule 6 (the “Amended and Restated Intercreditor Agreement”).

  • The proposed terms and conditions for the Elevated Notes are substantially set out in Schedule 5 (the “Elevated Notes Terms and Conditions”).

  • Each one (1) SEK nominal amount allocated in New Notes entitles the relevant Noteholder to convert two (2) SEK nominal amount of Existing Notes into the corresponding nominalamount of Elevated Notes.

  • The outstanding Total Nominal Amount of the Existing Notes after conversion into Elevated Notes (provided that all Noteholders eligible to convert Existing Notes into Elevated Notes does so in the maximum amount allowed) and the Write Down will be SEK 825,000,000.


More Definitions of Elevated Notes

Elevated Notes means the up to SEK 400,000,000 senior SE0020849818 issued by the company on [•20]23 to certain holders of Existing Notes in exchange
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Elevated Notes means the up to SEK 400,000,000 senior secured fixed rate notes with ISIN SE0020849818 issued by the company on [•] 2023 to certain holders of Existing Notes in exchange for Existing Notes;
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Related to Elevated Notes

  • Restricted Notes means Initial Notes and Additional Notes bearing one of the restrictive legends described in Section 2.1(d).

  • Registered Notes has the meaning specified in Section 2.1.

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.

  • 2011 Notes means those certain notes issued pursuant to the Note Purchase Agreement dated as of March 22, 2011 among the Company and the purchasers named in Schedule A thereto.

  • Unrestricted Notes means one or more Notes that do not and are not required to bear the Restricted Notes Legend including, without limitation, the Exchange Notes and any Notes registered under the Securities Act pursuant to and in accordance with the Registration Rights Agreement.

  • Initial Notes means the first $500,000,000 aggregate principal amount of Notes issued under this Indenture on the date hereof.

  • New Notes shall have the meaning assigned to such term in Section 32.

  • Retained Notes means the Class A-1 Notes, the Class B Notes, $44,500,000 of the Class A-2 Notes, $47,650,000 of the Class A-3 Notes and $12,100,000 of the Class A-4 Notes until such time as such Notes are the subject of an Opinion of Counsel pursuant to Section 2.04(i) of the Indenture with respect to their classification as debt for federal income tax purposes.

  • Initial Note Balance means, for any Class, the Initial Class A-1 Note Balance, the Initial Class A-2 Note Balance, the Initial Class A-3 Note Balance, the Initial Class B Note Balance, the Initial Class C Note Balance, the Initial Class D Note Balance or the Initial Class E Note Balance, as applicable, or with respect to the Notes generally, the sum of the foregoing.

  • Notes shall have the meaning assigned to such term in the recitals.