Holdco Notes definition

Holdco Notes means the $1,000,000,000 aggregate principal amount of 11 1/2% Senior PIK Notes due 2016 issued by Holdings.

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Holdco Notes means the $320 million aggregate principal amount of the Holdco Notes Issuer’s 7 ¾ % Senior Notes due 2025.

Holdco Notes means Vertiv Intermediate Holding Corporation’s 12.00%/13.00% senior PIK toggle notes due 2022 pursuant to the Holdco Notes Indenture.

Examples of Holdco Notes in a sentence

• TG will not make any direct or indirect distribution with respect to its Capital Stock to any Person other than the Company or a Wholly Owned Restricted Subsidiary of the Company except that after the UK Holdco Notes have been paid in full, dividends may be paid on the Class A Shares of TG in an amount not to exceed 1% of the dividends paid by TG.

• The terms and conditions of the Holdco Notes (including terms and conditions relating to the interest rate, fees, amortization, maturity, covenants, pay-in-kind provisions, events of default and remedies) shall be reasonably satisfactory in all respects to the Lenders.

• The Holdco Notes will be automatically cancelled, and the Holdco Notes Guarantee will be automatically released and terminated, upon consummation of the Automatic Exchange Transaction.

• Without limiting the foregoing, the Notes shall provide that, at any time during which the Borrower's ability to pay cash dividends to Holdings is restricted under the terms of this Agreement, Holdings may, in lieu of paying interest on the Holdco Notes in cash and without causing a default thereunder, satisfy its obligation to pay interest on the Holdco Notes by issuing to the holders thereof additional Holdco Notes.

• The Automatic Exchange Transaction will be completed on a cashless basis by exchanging the outstanding Holdco Notes for Additional Notes, and no consent or any other action will be required by the Holders of the Notes, the holders of the Holdco Notes, the Trustee under this Indenture, or the trustee of the Holdco Notes under the Holdco Notes Indenture, for the Automatic Exchange Transaction.

More Definitions of Holdco Notes

Holdco Notes means the 9.00%/9.75% Senior Notes due 2018 issued by Burlington Stores, Inc. outstanding immediately prior to August 13, 2014.

Holdco Notes means (a) any Holdco Notes of Holdings to be issued after the Closing Date upon the conversion or exchange of the Holdco Initial Loans for such Holdco Notes, or to refinance in whole or in part the Holdco Initial Loans or any notes issued to refinance or upon the conversion or exchange of any Holdco Initial Loans, and (b) any substantially similar Holdco Notes (whether registered under the Securities Act or otherwise) that have been exchanged for any such other Holdco Notes; in each case as any such Holdco Notes may be amended, supplemented, waived or otherwise modified from time to time.

Holdco Notes means Holdings' 16% Senior Unsecured Notes due 2011, in an initial aggregate principal amount of $65,000,000.

Holdco Notes means the 5.750% Senior Notes and the 6.125% Senior Notes.

Holdco Notes means those certain 8.00% convertible debentures due December 19, 2024 issued by Parent to the Holders (as defined therein) pursuant to that certain Securities Purchase Agreement, dated as of December 16, 2019, including, for the avoidance of doubt, any interest paid in kind on such Holdco Notes, as such Holdco Notes and such Securities Purchase Agreement may be replaced, refinanced, renewed, modified, amended or extended from time to time.

Holdco Notes means the floating rate senior unsecured notes issued by the Parent pursuant to the HoldCo Indenture, any exchange notes issued in connection with any registration of such notes, and any additional floating rate senior unsecured notes issued by the Parent as payment of interest.

Holdco Notes means the $550 million in aggregate principal amount of 6.625%/7.375% senior PIK toggle notes due 2020 issued by Holdings.