Examples of Existing Subordinated Notes in a sentence
From (and including) the first day upon which no Existing Subordinated Note remains outstanding (the Existing Subordinated Notes Redemption Date), Condition 3(b)(i)(y) will automatically replace and supersede Condition 3(b)(i)(x) without the need for any action from the Issuer nor any consent from any Noteholder.
From (and including) the Existing Subordinated Notes Redemption Date, Condition 3(b)(ii)(y) will automatically replace and supersede Condition 3(b)(ii)(x) without the need for any action from the Issuer nor any consent from any Noteholder.
The restrictions in the prior sentence shall not apply to (i) cash purchases of the Existing Subordinated Notes at a purchase price less than or equal to $0.41 for each $1.00 of Existing Subordinated Notes or (ii) optional redemptions or repurchases at a discount of the Existing Subordinated Notes within one year of the final maturity date of the Existing Subordinated Notes to be redeemed.
The Company recognizes revenues from sale of energy in bilateral agreements, auctions, MRE and the MCP in the month of supply of energy, in accordance with the amounts included in the contracts and Company's management estimates, subsequently adjusted upon confirmation of such information.
The Obligations constitute "Senior Indebtedness" under and as defined in the Senior Subordinated Note Indenture and the indenture relating to the Existing Subordinated Notes.