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.

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.

• Class RS-3 consists of all Allowed Junior Secured Notes Claims against the RFC Debtors.

• On the Effective Date, or as soon as reasonably practicable thereafter, the Junior Secured Notes Indenture Trustee, with the cooperation of the Debtors or the Liquidating Trust, as applicable, shall direct DTC and any other applicable securities depository to surrender the Junior Secured Notes to the Junior Secured Notes Indenture Trustee.

• Holders of Allowed Class GS-3 Claims are impaired and entitled to vote on the Plan at GMACM; provided that if the Bankruptcy Court makes a finding in the JSN Adversary Proceeding that the Junior Secured Notes Claims are oversecured such that they are entitled to payment in full in Cash in an amount that will render them unimpaired pursuant to the treatment provided under this Plan, then holders of Allowed Class GS-3 Claims will be conclusively presumed to accept the Plan and such votes will not be counted.

• Class GS-3 consists of all Allowed Junior Secured Notes Claims against the GMACM Debtors.

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 shall have the meaning set forth in the Recitals.

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 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.

Junior Secured Notes as defined in the Amended Agreement.