HY Notes definition

HY Notes means any debenture, bond (other than performance bonds, bid bonds, retention bonds, advance payments bonds, letters of credit or trade credit related bonds), note, loan stock or other similar security issued by KEL.

HY Notes means the senior notes due 2012 of the Parent issued in the HY Offering.

HY Notes means any debenture, bond (including convertible bonds but excluding performance bonds, bid bonds, retention bonds, advance payments bonds, letters of credit or trade credit related bonds), note, loan stock or other similar security issued by the Company from time to time.

Examples of HY Notes in a sentence

• The HY Notes, when issued, will be in the form contemplated by the HY Note Indenture, and the Convertible Notes, when issued, will be in the form contemplated by the Convertible Note Indenture.

• Notwithstanding any other provision of this Agreement, in the event that the holders of HY Notes benefit from provisions relating to the restriction of Financial Indebtedness of the Group which are more onerous than those set out in this Agreement, KEL shall incorporate into this Agreement, mutatis mutandis, clauses which are equivalent to the relevant provisions of the HY Notes.

• Each HY Noteholder shall be entitled to a single recovery under the Plan on account of its HY Notes Claims against all Debtors, and will be provided a single Ballot entitling it to vote its HY Notes Claims against all Debtors.

• Exchange some or all of their Scheme Claims for New HY Notes at an exchange ratio of 1.02598x (e.g., $1,000 of Scheme Claims equal to $1,025.98 in New HY Notes) with new principal amounts, new maturity dates and new interest coupon schedules, as provided for in the terms of the New HY Notes and the New Indentures.

• The Original Borrower shall procure that no HY Notes which are guaranteed by one or more Obligors shall be issued unless and until any HY Noteholder Trustee (as defined in the KEFI Intercreditor Agreement) has acceded to the KEFI Intercreditor Agreement, or otherwise with the consent of each Lender.

More Definitions of HY Notes

HY Notes means the senior secured notes issued by KEL from time to time pursuant to the terms of the HY Note Indenture.

HY Notes means the high yield notes issued or to be issued by the Issuer pursuant to the HY Indenture as permitted pursuant to the definition of HY Offering in the Senior Facilities Agreement.

HY Notes means the “HY Notes” as defined in each Existing Intercreditor Agreement.

HY Notes notes issued under the HY Indenture.

HY Notes means: (a) from the date hereof, the 2013 HY Notes; and (b) from the date of designation of the relevant HY Notes Indenture in accordance with Clause 11.2 (Additional HY Notes Obligations), any Additional HY Notes constituted under such HY Notes Indenture, until, in the case of (a) and (b), the HY Notes Discharge Date with respect thereto.

HY Notes means the senior, second-lien secured notes issued by the Holdco Guarantor on or about the date hereof which meet each of the following requirements:

HY Notes means the 7.875 per cent. senior secured notes due 2021 to be issued on or around the date of this Agreement, pursuant to the terms of the HY Note Indenture.