Holdings Subordinated Notes definition

Holdings Subordinated Notes is defined in clause (a) of the fifth recital.

Holdings Subordinated Notes shall have the meaning given to such term in the preamble hereto.

Holdings Subordinated Notes means the $41,100,000 of 11.25% Subordinated Notes due December 31, 2007, of Holdings payable to AT Holdings, LLC.

Examples of Holdings Subordinated Notes in a sentence

• If one or more of the conditions described in the immediately preceding clauses (a) and (b) exist, then the payment of interest on the Holdings Subordinated Notes and on Deferred Subordinated Note Interest otherwise due and payable on such Subordinated Note Interest Payment Date shall be deferred, and such deferred interest shall not be required to be paid, prior to December 18, 2008.

• Each Lender acknowledges the potential conflict of interest between GECC as a Lender holding disproportionate interests in the Loans, GECC or one or more of its affiliates as a stockholder, or holder of Holdings Subordinated Notes and GECC as Administrative Agent.

• GECC or one or more of its Affiliates has also purchased certain equity interests in Holdings and holds certain Holdings Subordinated Notes.

• On the Effective Date, the holder of the Allowed Claims in Class 8, in complete settlement, satisfaction and discharge of its Class 8 Claims, shall receive the Holdings Subordinated Notes Equity Distribution.

• At its option, GXS Holdings may redeem all, or a portion, of the GXS Holdings Subordinated Notes at a redemption price equal to 100% of the principal amount of the GXS Holdings Subordinated Notes, plus accrued and unpaid interest to the applicable redemption date.Revolving Credit FacilityOn December 23, 2009, GXS Worldwide entered into a Credit and Guaranty Agreement which provides it with a $50,000 revolving credit facility (the Revolver).

More Definitions of Holdings Subordinated Notes

Holdings Subordinated Notes shall have the meaning set forth in Section 9.04(vii).

Holdings Subordinated Notes means the 12.0% Subordinated Notes due April 30, 2008 of Holdings issued as of the date of this Agreement to MCIT in the original aggregate principal amount of Twenty-Five Million and 00/100 Dollars ($25,000,000.00) issued pursuant to the Purchase Agreement, dated as of February 27, 1997, between Holdings and MCIT, and all substitutions, modifications and renewals therefor provided such substitutions, modifications or renewals would be permitted under the terms of Section 6.3(O) as if such Section were applicable thereto (with all references therein to the Borrower and the Restricted Subsidiaries being instead to Holdings, the Borrower and the Restricted Subsidiaries).

Holdings Subordinated Notes means GXS Holdings 14.20% Senior Subordinated Notes due 2017 sold to General Electric Capital Corporation pursuant to the Holdings Subordinated Notes Purchase Agreement, plus any PIK notes issued or to be issued in lieu of cash interest payments under the Holdings Subordinated Notes Purchase Agreement.

Holdings Subordinated Notes means $25.0 million in aggregate principal amount of 12% subordinated notes due 2008 of Holdings as in effect on the 1997 Notes Issue Date or any Indebtedness of Holdings issued or given in exchange for, or the proceeds of which are used to, extend, refinance, renew, replace, substitute or refund such Holdings Subordinated Notes; provided that any such Indebtedness (i) is issued in a principal amount not exceeding the then outstanding principal amount of the Holdings Subordinated Notes, (ii) has an interest rate not exceeding 12%, (iii) is subordinated to other Indebtedness of Holdings to the same extent as the Holdings Subordinated Notes and (iv) has a Weighted Average Life to Maturity no less than the Weighted Average Life to Maturity of the Holdings Subordinated Notes.

Holdings Subordinated Notes means the 13.5% subordinated notes due 2013 issued by Holdings on December 10, 2003 pursuant to the Holdings Subordinated Note Indenture (including any additional subordinated notes issued after the Closing Date in connection with the sale of IDSs), as the same may be amended, restated, modified or supplemented from time to time (and including subordinated notes issued in respect of capitalized interest and interest paid-in-kind) pursuant to the Prospectus.

Holdings Subordinated Notes means (a) Holdings' 10% Senior Subordinated Notes due 2014, in an initial aggregate principal amount of $67,000,000 and (b) any Additional Subordinated Debt issued by Holdings pursuant to Section 6.01(l).

Holdings Subordinated Notes subordinated notes to be offered and issued by Holdings in an aggregate principal amount not to exceed $300,000,000 on terms and conditions then customary for high-yield subordinated debt securities issued in a public offering or a Rule 144A offering (as reasonably determined by the Administrative Agent) and having subordination terms customary for high-yield subordinated debt securities (as reasonably determined by the Administrative Agent).