Existing Senior Debt definition

Existing Senior Debt collectively, the Existing Senior Notes, the Existing IRB Agreements, the Existing 166 Direct Loan and the Existing Taxpayer Agreement.
Existing Senior Debt means, collectively, the Company’s (i) $325,000,000 aggregate principal amount of First Priority Term Loan due 2012, (ii) $400,000,000 aggregate principal amount of Floating Rate First Priority Senior Secured Notes due 2012 and (iii) $405,000,000 aggregate principal amount of Floating Rate Second Priority Senior Secured Notes due 2013.
Existing Senior Debt means the existing debt under the USD 125,000,000 (and uncommitted facility of up to USD 50,000,000) facilities agreement originally dated 19 December 2014 between, inter alia, the Issuer as borrower and guarantor and Nordea Bank AB (publ) as mandated lead arranger, original lender and agent (as amended and/or amended and restated from time to time).

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.


More Definitions of Existing Senior Debt

Existing Senior Debt means the 5¼% senior notes due 2014 issued pursuant to the indenture, dated as of February 11, 2004, between the Borrower and BNY Midwest Trust company, as trustee, and the Convertible Notes, in each case outstanding as of the Existing Credit Agreement Effective Date.
Existing Senior Debt means the Debt of the Credit Parties under the Existing Credit Agreement and the loan documents executed in connection therewith.
Existing Senior Debt means, collectively, the Private Placement Debt, Indebtedness evidenced by the Senior Notes and the Indebtedness evidenced by the Senior Debentures.
Existing Senior Debt as defined in Section 2.2.
Existing Senior Debt means all principal, premium (if any), interest and other amounts owing from time to time under (i) the Note Agreements and (ii) the Facilities Agreement, in either case as amended, supplemented or refinanced, from time to time, provided that the aggregate principal amount of the Note Agreements and the Facilities Agreement shall not be greater than the sum of (A) the maximum aggregate principal amount which could be outstanding under the Facilities Agreement and the Note Agreements in accordance with their terms as at the date hereof plus (B) 25% of Consolidated Net Assets of LCI; provided further, that the aggregate principal amount of the Existing Senior Debt in excess of the maximum aggregate principal amount which could be outstanding under the Facilities Agreement and the Note Agreements in accordance with their terms as at the date hereof shall be excluded from the parenthetical phrase of Section 14(b) hereof.
Existing Senior Debt means the Group's indebtedness under the SEK 600,000,000 and EUR 79,000,000 facilities agreement originally dated 27 September 2010 (as amended and restated from time to time) between, among others, the Company as company, certain Subsidiaries as borrower and guarantors, Nordea Bank AB (publ) and Nordea Bank Finland Plc, Singapore Branch as lenders and Nordea Bank AB (publ) as agent, arranger and security agent.
Existing Senior Debt. Indebtedness of BGI and its Subsidiaries in existence as of the Closing Date and listed on Schedule 9.1 hereof.