Examples of Existing Holdings Notes in a sentence
Other than as set forth on Schedule 3.12, all Senior Notes, Affinion Investments Notes and Existing Holdings Notes shall have been exchanged pursuant to the 2017 Exchange.
Each Purchaser shall, in exchange for the surrender by such Purchaser of the portion of the Accreted Value of the Existing Holdings Notes set forth opposite such Purchaser’s name on Schedule A, receive the aggregate principal amount of the Notes and the Financing Payment set forth opposite such Purchaser’s name on Schedule A.
Subject to the terms and conditions of this Agreement, the Company will issue and deliver to the Purchasers, and the Purchasers will acquire from the Company, at the Closing provided for in Section 2.3, the Notes and the Financing Payment in exchange for the Accreted Value of the then outstanding Existing Holdings Notes in the amount equal to the aggregate Accreted Value of the Existing Holdings Notes set forth on Schedule A.
DFG will redeem the Existing DFG Notes and indebtedness under the Existing Credit Agreement with proceeds of the DFG Senior Notes and, to the extent the net proceeds of the DFG Senior Notes exceed $200,000,000, DFG will dividend or loan such amount to the Company and the Company will redeem a portion of the Existing Holdings Notes in the amount of such excess.
The Purchasers hereby waive the requirements of (x) Sections 12.03 and 12.04 of the Existing Holdings Purchase Agreement and (y) those provisions of the Existing Holdings Purchase Agreement that would prevent the Company from redeeming the Existing Holdings Notes prior to December 18, 2003, in each case, to the extent such provisions may be applicable to the redemption of a portion of the Accreted Value of the Existing Holdings Notes described in Section 3.6.