Examples of Existing Senior Debt in a sentence
The Net Proceeds of the Initial Bond Issue shall be used to (i) refinance Existing Senior Debt, (ii) finance general corporate purposes and (iii) finance Transaction Costs.
The Senior Lender has provided consent to the issue of the Notes under the Existing Senior Debt Obligations.• After approximately 12 months from their issue date, the Notes are convertible (in full or in part) into Shares, allowing Noteholders the opportunity to participate in any increase in the market price of Shares above Conversion Price.
Use of Proceeds The proceeds shall be used for repayment in full of the Existing Senior Debt andgeneral corporate purposes.
In addition, the Cemetery Association requires that the consent must be requested by the lot owner by a written statement to the Trustees stating the reason for such burial and what remuneration, if any, has been promised or received for the privilege of so burying.
The Net Proceeds from the issuance of the Initial Notes shall be applied against repayment in full of the Existing Senior Debt and any remaining amount shall be used for general corporate purposes of the Group and acquisitions.