Junior Lien Notes definition
Examples of Junior Lien Notes in a sentence
For the avoidance of doubt, nothing in this Section 10.7 shall restrict the making of any “AHYDO catch up payment” in respect of the Junior Lien Notes.
For the avoidance of doubt, (A) in the case of any Junior Lien Obligation that is refinanced or replaced, the Liens securing such refinancing or replacing Indebtedness shall have a Lien priority equal to or junior to the Liens securing the Indebtedness being refinanced or replaced and (B) the deliveries set forth in clauses (i) through (iii) of this Section 4.04(b) shall not be required (and shall be deemed satisfied) in connection with an issuance of additional First Lien Notes or Junior Lien Notes.
Borrowers have delivered to Agent a complete and correct copy of the Junior Lien Term Loan Documents, the Junior Lien Notes Documents and the Senior Secured Notes Documents, including all schedules and exhibits thereto.
This Note is one of the 6.875% Senior Secured Junior Lien Notes due 2031 referred to in the Indenture.
The Note Purchase Agreement date 30 June 2023 governing the New Junior Lien Notes.