Examples of New Debt Documents in a sentence
However, interest shall continue to accrue during such period and any overdue amounts shall carry default interest pursuant to the terms of the Terms and Conditions and the New Debt Documents.
Senior Debt means all present and future moneys, debts and liabilities due, owing or incurred from time to time by any Group Company to any Senior Credi- tor under the Bonds Documents and the New Debt Documents, and all available commitments of any Senior Creditor, under or in connection with any Bonds Documents and the New Debt Documents (as applicable).
Subject to the occurrence of the Effective Date, the New Debt Documents shall constitute legal, valid, and binding obligations of iHC and its applicable Debtor Affiliates party thereto and shall be enforceable in accordance with their respective terms.
For the avoidance of doubt, the failure to repay principal or pay interest on a due date shall constitute an event of default (however described) under the Terms and Conditions and the New Debt Documents.
For the avoidance of doubt, the acceptance of New Debt by any Holder of any Claim shall be deemed as such Holder’s agreement to the New Debt Documents, as each may be amended or modified from time to time following the Effective Date in accordance with its terms.