Examples of High Yield Noteholders in a sentence
High Yield Noteholders means each of the holders of the High Yield Notes.
If the October Interest Payment is not made within the applicable 30 day grace period and there is no interest payment deferral agreed by the requisite majority of High Yield Noteholders (being 90 per cent.
The Lock-up Agreement does not confer any pecuniary benefit on the High Yield Noteholders who have entered into it as against those who have not and the locked-up Scheme Creditors do not have any more rights or advantages than those of other Scheme Creditors.
The undertakings provided by those High Yield Noteholders will be of benefit to Scheme Creditors as a whole as they will support the Group’s ability to complete the Restructuring and have provided certainty to the Group in relation to its ability to complete the Restructuring before taking the steps to launch the Scheme, which are both costly and subject to publicity.
If after the Second Lien Discharge Date and a High Yield Notes Stop Notice has been issued and is current and the Senior Finance Parties have taken Enforcement Action, provided the High Yield Notes Trustee has received instructions and confirmation that all conditions in Clause 22.2 (Terms of purchase) will be satisfied at the relevant time from the High Yield Noteholders, then the High Yield Notes Trustee or holders of at least 50 per cent.
The fourth SEE Ministerial Meeting on the Information Society, organised in Sarajevo in October 2007, endorsed the new “Agenda+” of the eSEE initiative, which includes e-business strategy guidelines developed by the UNECE Regional Adviser on Trade, and focused on promoting the use of UNECE standards and recommendations in the areas of e-business and Single Window (including data harmonization).
In addition, if the Company is unable to pay the October Interest Payment on the High Yield Notes within the 30 day grace period as described above and there is no interest payment deferral agreed by the requisite majority of High Yield Noteholders (being 90 per cent.
Under the Priority Agreement (as defined below), the Security Trustee is the joint and several creditor of each and every payment obligation of the Obligors towards the High Yield Noteholders and/or the High Yield Notes Trustee under the Finance Documents (each as defined below).
We hold that it did not.Defendants’ counterclaims arise under the Declarato- ry Judgment Act, which states that, “[i]n a case of actual controversy within its jurisdiction .
No account is taken of alternatives to an accelerated sale including any alternative restructuring or new money proposal which may be put forward by or on behalf of the High Yield Noteholders.