Junior Secured Notes definition

Junior Secured Notes means the Borrower’s 10.5% senior second priority secured notes due 2018, issued on March 17, 2011, in an aggregate principal amount of $290,000,000 and any exchange notes issued in exchange therefor, in each case pursuant to the Junior Secured Notes Indenture.

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Junior Secured Notes means the 9.625% junior secured notes due 2015 issued by ResCap pursuant to the Junior Secured Notes Indenture.

Junior Secured Notes means the 9.625% Junior Secured Guaranteed Notes due 2015 issued by ResCap pursuant to the Prepetition Junior Secured Indenture, in an initial aggregate face amount of $4,010,280,000, as amended or supplemented prior to the date hereof. "Prepetition Junior Secured Indenture" means the Indenture, dated as of June 6, 2008, among ResCap, as issuer, the Subsidiaries of ResCap party thereto as guarantors, and U.S. Bank National Association, as trustee, as amended or supplemented prior to the date hereof.

Examples of Junior Secured Notes in a sentence

• The Borrower will cause any subsequently acquired or organized Domestic Subsidiary that is a Restricted Subsidiary and each other person that shall Guarantee any of the Senior Secured Notes or the Junior Secured Notes to become a Loan Party by executing or joining the Guarantee Agreement and each applicable Security Document in favor of the Collateral Agent.

• Marconi Corporation plc, a public limited company incorporated under the laws of England and Wales, as Issuer (as defined in Schedule 4) has entered into an Indenture with the Junior Note Trustee and the Initial Guarantors dated 19 May 2003 (as amended, restated, varied, novated or supplemented from time to time, the "JUNIOR NOTE INDENTURE") to provide for the issuance of its Guaranteed Junior Secured Notes due 2008 (the "JUNIOR NOTES").

• Except as otherwise provided in this Agreement, the ABL Agent, the ABL Claimholders, the Junior Secured Notes Agent and the Junior Secured Notes Claimholders will be entitled to manage and supervise their respective loans and extensions of credit under the ABL Loan Documents and the Junior Secured Notes Documents, respectively, in accordance with law and as they may otherwise, in their sole discretion, deem appropriate.

• Each of the Term Agent, the ABL Agent and the Junior Secured Notes Agent agrees that if it sends any Enforcement Notice to another Agent, it shall send a copy thereof to each of the other Agents.

• The provisions of this Agreement are and are intended solely for the purpose of defining the respective relative rights of the ABL Claimholders, the Term Claimholders and the Junior Secured Notes Claimholders.

More Definitions of Junior Secured Notes

Junior Secured Notes means, collectively, (a) the Initial Junior Secured Notes and any other additional notes issued under the Junior Secured Notes Indenture and (b) any other credit agreement, loan agreement, note agreement, promissory note, indenture or other agreement or instrument evidencing or governing the terms of any indebtedness or other financial accommodation that has been incurred to increase, replace, refinance or refund in whole or in part the Junior Secured Notes Obligations outstanding under the Initial Junior Secured Notes or any other agreement or instrument referred to in this clause (I) which is designated to each Agent as “Junior Secured Notes” by (x) if the Junior Secured Notes Indenture or any Additional Pari Passu Junior Secured Notes Agreement is in effect, the Junior Secured Notes Agent (and, so long as a Junior Secured Notes Default has not occurred and is continuing at the time of such designation, the Company) or (y) otherwise, the Company, and (II) pursuant to which the Junior Secured Notes Agent for such agreement shall have executed a supplement to this Agreement agreeing to bound hereby on them same terms applicable to the Initial Junior Secured Notes Agent, whether or not such increase, replacement, refinancing or refunding occurs (i) with the original parties thereto, (ii) on one or more separate occasions or (iii) simultaneously or not with the termination or repayment of the Initial Junior Secured Notes or any other agreement or instrument referred to in this clause, unless such agreement or instrument is not a Permitted Refinancing Agreement. Any reference to the Junior Secured Notes hereunder shall be deemed a reference to any Junior Secured Notes then in existence.

Junior Secured Notes any indebtedness that has been incurred after the date hereof which is designated to each Agent as “Junior Secured Notes” by the Junior Secured Notes Agent; provided that (a) the Junior Secured Notes Agent under the Junior Secured Notes Agreement under which such indebtedness has been incurred shall have executed a supplement to this Agreement agreeing to bound hereby, (b) the Indebtedness represented by such Junior Secured Notes is not prohibited by the terms of the ABL Loan Documents or the Senior Secured Notes Documents and (c) the Grantors have granted Liens on all or a portion of the Collateral to secure the Obligations in respect of such Indebtedness.

Junior Secured Notes means the 12 3/4 Secured Notes due 2004 of MTLM in an aggregate principal amount not exceeding $34,000,000, issued pursuant to the Junior Secured Note Indenture.

Junior Secured Notes means the Borrower’s 10.5% senior second priority secured notes due 2018, issued on the Closing Date in an aggregate principal amount of $290,000,000 and any exchange notes issued in exchange therefor, in each case pursuant to the Junior Secured Notes Indenture.

Junior Secured Notes as defined in the Amended Agreement.

Junior Secured Notes shall have the meaning set forth in the Recitals.

Junior Secured Notes means the junior secured guaranteed notes issued pursuant to an indenture dated as of the Issue Date by and among the Company, the Guarantors and U.S. Bank National Association as Trustee.