Initial Secured Notes definition
Examples of Initial Secured Notes in a sentence
Such Additional Notes shall have a designation so as to distinguish such Additional Notes from the Initial Secured Notes and Additional Notes of any other series, but otherwise shall be substantially similar in form to the Initial Secured Notes, with such omissions therefrom, variations therein and additions thereto as shall be appropriate.
The Borrower will not amend the terms of the Initial Secured Notes, any Permitted Additional Secured Notes or any Permitted Junior Lien or Unsecured Notes in a manner that would accelerate the date on which the Borrower is required to make any payment of principal or interest or any other amount thereon.
Prior to or substantially simultaneously with the initial credit extension, the Borrower shall have received not less than $475.0 million in gross proceeds from the issuance and sale of the Initial Secured Notes pursuant to the Secured Note Indenture and delivery of cash collateral pursuant to the Forward Purchase Contract.
Initial Secured Notes, with the notations of the Guarantee endorsed thereon, shall be issued in the form of one or more permanent Global Notes in definitive fully registered form without interest coupons.
The Initial Secured Notes and the Exchange Secured Notes will be the same except that the Private Placement Legend and paragraph 18 will be omitted from the Exchange Secured Notes.