Level 3 Communications definition
Examples of Level 3 Communications in a sentence
For each issuance of Additional Notes, the Issuer shall lend to Level 3 Communications an amount equal to the principal amount of the Additional Notes so issued, and the principal amount of the Loan Proceeds Note shall be increased by such amount; provided that such calculation or the correctness of the amount of the Loan Proceeds Note or any increase in the amount thereof shall not be a duty or obligation of the Trustee.
Simultaneously with the closing of the offering of the New Notes, the Issuer will lend an amount equal to the aggregate principal amount of the New Notes to Level 3 Communications and the Loan Proceeds Note will be amended and restated to reflect that the principal amount thereof will be increased by the aggregate principal amount of the New Notes.