Junior Priority Notes definition

Junior Priority Notes means the Existing Second Lien Notes, the Existing Senior Secured Notes and the New Senior Secured Notes.

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Junior Priority Notes means the Company’s 8.500% Junior Priority Secured notes due 2022 issued on June 26, 2014 in an original aggregate principal amount equal to $250 million.

Junior Priority Notes means (a) the initial $50,000,000 in aggregate principal amount 4% Senior Secured Notes due 2021 issued by the Borrower pursuant to the Junior Priority Note Purchase Agreement and (b) any additional notes issued under the Junior Priority Note Purchase Agreement by the Borrower, to the extent permitted by the Junior Priority Note Purchase Agreement and the Revolving Credit Agreement, in each case, including, for the avoidance of doubt, any Indebtedness incurred or issued by the Borrower that Refinances any of the foregoing.

Examples of Junior Priority Notes in a sentence

FORM OF NON-U.S. BENEFICIAL OWNERSHIP [Date] U.S. Bank National Association Re: 10.750% Senior Secured Junior Priority Notes due 2023 (the “Notes”) of Aleris International, Inc.
The Junior Priority Notes will be issued pursuant to an indenture (the “Junior Priority Indenture”, and together with the Senior Priority Indenture, the “Indentures”), to be dated as of the Closing Date, among the Company, the Guarantors and W▇▇▇▇ Fargo Bank, National Association, as trustee (the “Junior Trustee” , and together with the Senior Trustee, the Trustees”).
Any such additional party and the administrative agent under the Credit Agreement, the Trustee and the Collateral Agent shall be entitled to conclusively rely upon an Officer’s Certificate certifying that such Indebtedness was issued or borrowed in compliance with the Credit Agreement, Existing First Lien Junior Priority Notes Indenture, First Lien Priority Notes Indenture, this Indenture and the Collateral Documents.
The Notes shall be known and designated as the “10.750% Senior Secured Junior Priority Notes due 2023” of the Company.
This Agreement may be amended in writing signed by the applicable Senior Priority Agent and Junior Priority Agent (in each case, acting in accordance with Senior Priority Notes Indenture, the Junior Priority Notes Indenture or any other Senior Priority Document or Junior Priority Document, as applicable) and the Company.
The First Lien Junior Priority Notes and the First Lien Junior Priority Indenture shall each constitute an Additional First Priority Agreement under the Intercreditor Agreement, and each reference therein to “First Priority Representative” shall be construed to include the Additional First Priority Representative.
The Company has duly authorized the creation of an issue of 10.750% Senior Secured Junior Priority Notes due 2023 issued on the date hereof (the “Initial Notes”), and to provide therefor the Company and the Guarantors have duly authorized the execution and delivery of this Indenture.
With respect to the Grantors, for purposes hereof, the addresses of the Grantors shall be as set forth in the Senior Priority Notes Indenture and Junior Priority Notes Indenture, as applicable.

More Definitions of Junior Priority Notes

Junior Priority Notes means (a) the initial $[insert amount equal to $172,500,000.00 plus the amount of accrued but unpaid interest on the Existing Notes as of the Petition Date (each as defined in the Plan of Reorganization)] in aggregate principal amount of the notes of GLBR called the “7.00% Secured PIK Toggle Notes Due 202[_]”, issued on the date hereof pursuant to the Existing Junior Priority Indenture, and (b) any additional issuances of notes under the Junior Priority Indenture by GLBR, including, in each case, any PIK Interest Notes (as defined in the Existing Junior Priority Indenture, or such other defined term in any other Junior Priority Indenture relating to such notes providing for the issuance of additional notes thereunder as payment of accrued interest) or increase in principal amount of such notes, in either case, as payment of PIK Interest (as defined in the Existing Junior Priority Indenture, or such other defined term in any other Junior Priority Indenture relating to such notes providing for payment in kind interest) in respect of any of the foregoing issuances of notes.

Junior Priority Notes means CEVA’s 11½% Junior Priority Senior Secured Notes due 2018;

Junior Priority Notes means 1839688 Albertra ULC’s $252,103,398 aggregate principal amount of 14% junior secured notes due 2020.

Junior Priority Notes means (a) the initial $250,000,000 in aggregate principal amount of 8.500% Junior Priority Secured Notes due 2022 issued by the Borrower pursuant to the Junior Priority Indenture and (b) any additional notes issued under the Junior Priority Indenture by the Borrower, to the extent permitted by the Junior Priority Indenture , the Senior Priority Indenture, the 2016 Secured Notes Purchase Agreement and the Revolving Credit Agreement, in each case, including, for the avoidance of doubt, any Indebtedness incurred or issued by the Borrower that Refinances any of the foregoing.