High Yield Debt definition

High Yield Debt the collective reference to the Borrower's 11% Senior Notes Due 2006 and 12 1/2% Senior Discount Notes Due 2006 and the respective indentures under which such Notes have been issued.

High Yield Debt means any senior unsecured indebtedness for borrowed money in the form of high-yield debt securities for which a Company is directly and primarily obligated and that is issued pursuant to documentation with terms that are no more restrictive upon such Company than the terms of this Agreement.

High Yield Debt means Debt incurred by JustEnergy under or pursuant to any non-convertible notes or debentures issued by JustEnergy to the public (other than Convertible Subordinated Debentures) from time to time (“High Yield Notes”), with characteristics that include, but are not limited to the following:

Examples of High Yield Debt in a sentence

• The general Risk Assessment process is well documented but in summary, it considers the range of potential consequences of an issue/activity and how likely those consequences are to occur.

• This Agreement, the Escrow Agreement, the Debt Offering Memorandum and the Related Agreements are the only material agreements relating to the High Yield Debt, the financing thereof and the transactions contemplated hereby to which the Seller or any Subsidiary is a party.

• Finished water must not be stored or conveyed in a compartment adjacent to unsafe water when the two compartments are separated by a single wall.

• This press release contains forward-looking statements within the meaning of the Securities Act of 1933 and the Exchange Act of 1934.

• The High Yield Debt Fund (“HYDF”) consists of actively managed fixed income portfolios which, in aggregate, are debt instruments rated below investment grade by a nationally recognized rating agency service (example: Standard & Poor’s, Moody’s or Fitch).

More Definitions of High Yield Debt

High Yield Debt has the meaning specified in the Note Purchase Agreement.

High Yield Debt means publicly issued high yield or convertible Indebtedness of the Borrower, which satisfies the following criteria:

High Yield Debt means the issue of high yield debt instruments proposed to be sold by the Seller pursuant to the Debt Offering Memorandum.

High Yield Debt means secured or unsecured debt securities issued by the Company or a wholly owned Subsidiary of the Company in a registered public offering or an offering to Qualified Institutional Buyers and/or institutional Accredited Investors under Rule 144A of the Securities Act of at least $50 million after the Series C Closing Date, with or without attached warrants or quasi-equity rights issued by the Company or a Subsidiary of the Company.

High Yield Debt means a debt obligation with a lower credit rating than investment-grade debt.

High Yield Debt means the $150 million aggregate principal amount of 11.125% Senior Notes due 2013 originally issued under the indenture dated as of the Initial Closing Date, among the Purchaser, as issuer, and JPMorgan Chase Bank, N.A., as trustee, as amended or modified from time to time in accordance with the terms thereof.

High Yield Debt means all Debt of the Parent Guarantor arising under, with respect to, or in connection with the Notes.