Examples of Initial 2023 Notes in a sentence
The Initial 2023 Notes will be dated May 14, 2020 and the 2023 Notes will become due and payable, together with all accrued and unpaid interest thereon, on May 14, 2023 (the “2023 Note Maturity Date”).
The Initial 2020 Notes and the Initial 2023 Notes, collectively referred to as “the Initial Notes”, rank pari passu in right of payment with respect to all of FCA's existing and future senior unsecured indebtedness and senior in right of payment to any of FCA's future subordinated indebtedness and existing indebtedness, which is by its terms subordinated in right of payment to the Initial Notes.
The first Interest Payment Date for the Initial 2023 Notes will be November 30, 2020.
The Company will be entitled, upon delivery of an Officer’s Certificate and an Opinion of Counsel, to issue Additional 2023 Notes under this Supplemental Indenture which will have identical terms as the Initial 2023 Notes issued on the date hereof, other than with respect to the date of issuance and issue price.
The 2023 Notes include the Initial 2023 Notes and any Exchange 2023 Notes issued in exchange for Initial 2023 Notes pursuant to the Indenture.