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

Examples of HY Notes in a sentence

• 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.

• The terms of the HY Notes and corresponding Units contain several financial and non-financial covenants.

• The HY Notes accrue interest at 13.0%, have a three-year maturity, and are convertible into shares of the Company at $3.08 per share.

• As of March 31, 2019, the Company held $Nil (December 31, 2018 - $5,272) restricted cash in escrow as part of the HY Notes as the amount was fully released to the Company during the three months ended March 31, 2019.

• Concurrent with the issuance of the HY Notes, $10,000 comprising 3,891,051 Units of the Company (the “Units”) were issued, where each Unit comprises one Class A common share of the Company at $2.57 per share and a warrant to purchase one share of the Company at a price of $3.86 per share.

More Definitions of HY Notes

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

HY Notes the Existing HY Notes and any Permitted Additional HY Notes.

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.