Examples of Existing Secured Notes Indenture in a sentence
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.
To the extent that any Existing Secured Notes are to be redeemed, the Company shall deposit the Redemption Deposit with the Paying Agent (as defined in the Existing Secured Notes Indenture) as set forth in Section 1.03(h).
At the Closing, and after providing the Redemption Notices and making the Redemption Deposit and/or completion of the Existing Secured Notes Tender, the Company shall take all such actions required under the terms of Section 8.01 of the Existing Secured Notes Indenture to obtain from the Trustee an acknowledgement of satisfaction and discharge of the Existing Secured Notes Indenture (the “Satisfaction and Discharge Acknowledgement”).
The Company owns, directly or indirectly, 100% of the ownership interests in each of its Subsidiaries free and clear of any and all Liens, other than Liens arising under the Existing Secured Notes Indenture and/or the Existing Revolving Facility as of the date of this Agreement.
A Guarantee also will be automatically released upon the applicable Subsidiary ceasing to be a Subsidiary as a result of any foreclosure of any pledge or security interest securing either the Senior Credit Agreement or the Existing Secured Notes Indenture or other exercise of remedies in respect thereof.