Existing Secured Notes definition

Existing Secured Notes means the previously issued debt securities of the Issuers outstanding on the date hereof.

Existing Secured Notes means the Existing Secured 2023 Notes, the Existing Secured 2024 Notes, the Existing Secured 2025 Notes and the Existing Secured 2028 Notes, or any of them, as applicable.

Existing Secured Notes means the previously issued debt securities of the Issuers outstanding on the date hereof. With respect to the Notes only, the definition of “Credit Agreement” in the Base Indenture is hereby replaced with the following:

Examples of Existing Secured Notes in a sentence

• With respect to the Notes only, the following is hereby added to the end of Section 2.1 to Exhibit F of the Base Indenture as a new paragraph: The Collateral granted to the Notes shall be the same as and no greater than the collateral granted to the Existing Secured Notes.

• Finance Co. shall not Incur any material liabilities or obligations other than the Note Obligations, Obligations under the Credit Agreements, Obligations under the Existing First-Lien Notes, Obligations under the Existing Secured Notes, the Second-Lien Notes Obligations, its Obligations under the Senior Subordinated Notes and other Indebtedness permitted to be Incurred by Finance Co. under Section 4.03 and liabilities and obligations pursuant to business activities permitted by this Section 4.15.

• On or before the Closing Date, the Issuer shall have given an officer’s certificate to the trustee (the “Existing Notes Trustee”) under the indenture governing the Existing Secured Notes with respect to the Issuer’s election to redeem outstanding Existing Secured Notes and the Issuer shall have arranged for a notice of conditional redemption to be delivered to the holders of the Existing Secured Notes in the Issuer’s name.

• Notwithstanding the foregoing, the Company shall be permitted to subsequently issue additional New Secured Notes in exchange for Existing Secured Notes on terms no more advantageous to the holders of such Existing Secured Notes than the terms of the Secured Note Exchange were to the Supporting Secured Noteholders, provided that such terms shall not include a Consent Solicitation or the payment of any tender or consent fees.

• The Company hereby acknowledges and agrees that the Collateral Agent is authorized at all times to use all or any part of the Reserved Funds to pay all amounts required pursuant to the Existing Secured Notes Indenture to pay the Existing Secured Notes in full in cash in order for the Collateral Agent (as defined in the Existing Secured Notes Indenture) to release all Liens securing the Existing Secured Notes.

More Definitions of Existing Secured Notes

Existing Secured Notes means the 3.750% Secured Notes, the 4.250% Secured Notes, the 2026 Secured Notes and the 2028 Secured Notes.

Existing Secured Notes means the 6.250% Senior Secured Notes due 2025 issued by the Company on April 28, 2020.

Existing Secured Notes means the 5.750% Senior Secured Notes due 2021 issued by the Issuer and the Existing Secured Notes Issuer.

Existing Secured Notes means the July 2014 Secured Notes and the May 2016 Secured Notes.

Existing Secured Notes means the 3.750% Secured Notes, the 4.250% Secured Notes, the 2026 Secured Notes, the 2028 Secured Notes and the 2031 Secured Notes.

Existing Secured Notes means Parent’s outstanding 6.50% Senior Secured Notes due 2022, 7.00% Senior Secured Notes due 2024 and 5.500% Senior Secured Notes due 2025.

Existing Secured Notes means the Company’s outstanding 5.500% Senior Secured Notes due 2025, 5.750% Senior Secured Notes due 2027 and 4.875% Senior Secured Notes due 2028.