Examples of GM Note in a sentence
EXHIBIT B The Plan EXHIBIT C Disclosure Statement EXHIBIT D [Reserved] EXHIBIT E EXHIBIT E The terms of the GM Note shall be determined as follows: o 2nd lien exit financing of $1.5 billion (net of OID1) having a maturity of 8 years from the date of initial issuance, and issued under a single credit facility, allocated as follows: § At least $750 million (net of OID) in a note with market clearing terms and covenants acceptable to Delphi to be raised from a third-party financing source prior to emergence.
GM will not have registration rights with respect to the GM Note.
Holdings and XM also intend to prepay the $89,042,387 10% Senior Secured Convertible Note due 2009 (the "GM Note") issued by Holdings and XM and held by OnStar Corporation, a subsidiary of GM.
EXHIBIT F The terms of the GM Note shall be determined as follows: • 2nd lien exit financing of $1.5 billion (net of OID1) having a maturity of 8 years from the date of initial issuance, and issued under a single credit facility, allocated as follows: • At least $750 million (net of OID) in a note with market clearing terms and covenants acceptable to Delphi to be raised from a third-party financing source prior to emergence.
In connection with the foregoing, as required by Section 7.3 of the Series C Certificate, the undersigned hereby consents to the GM Credit Facility Amendment and (to the extent any approval is needed) prepayment of the GM Note at any time following effectiveness of the GM Credit Facility Amendment.
In consideration of the foregoing and such other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the Company and the Buyer hereby agree as follows: (a) The GM Note is hereby amended as follows: i.
Upon the Company’s receipt of a Demand Notice under the Esousa Note, all outstanding Principal, together with accrued and unpaid interest and any other obligations outstanding under the GM Note and the other Transaction Documents shall be automatically accelerated and shall be deemed due and payable on the Demand Payment Date (as defined in the Esousa Note).
Section 4(a) of the GM Note is hereby amended to add the double-underlined text as set forth below immediately after Section 4(a)(xx) as a new Section 4(a)(xxi) and Section 4(a)(xxii): (xxi) the Company receives a Demand Notice (as defined in that certain Secured Note, dated as of February [27], 2023, executed by the Company for the benefit of Esousa Holdings, LLC).