Examples of Existing Senior Secured Notes in a sentence
Notwithstanding anything to the contrary, a Restricted Subsidiary shall not be permitted to be designated as an Unrestricted Subsidiary if such Subsidiary does not substantially concurrently constitute or will not substantially concurrently constitute an “Unrestricted Subsidiary” under the Existing Senior Secured Notes Indenture.
Notwithstanding any of the foregoing, in all circumstances a Note Guarantee shall only be released if (1) the relevant Guarantor has delivered to the Trustee an Officer’s Certificate and an Opinion of Counsel, each stating that all conditions precedent provided for in this Indenture relating to such transaction have been complied with and (2) such Guarantor is released from its guarantees of the Senior Credit Facility, the Existing Senior Secured Notes and the Existing Senior Notes, as applicable.
Each holder of an Allowed Existing Senior Secured Notes Claim is entitled to vote to accept or reject the Plan.
The proceeds of the Incremental B-4 Dollar Term Loans shall be applied to redeem the Existing Senior Secured Notes, and to pay fees and expenses in connection with the foregoing.
In connection with the Borrower’s entry into this Agreement, the Administrative Agent is authorized to enter into the Intercreditor Agreement establishing the relative rights of the Secured Parties and the Existing Senior Secured Notes Secured Parties with respect to the Shared Collateral and certain related matters.