New Floating Rate Notes definition

New Floating Rate Notes means debt securities of the Issuer identical in all material respects to the Original Floating Rate Notes (except that the interest rate step-up provisions and the transfer restrictions will be modified or eliminated, as appropriate), to be issued under the Indenture.
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New Floating Rate Notes. Section 1(a) “New FRN Indenture” Section 1(a) “NI 45-106” Section 2(h)
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New Floating Rate Notes means the new floating rate notes issued in accordance with the FRN Support Agreement.
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Examples of New Floating Rate Notes in a sentence

  • The New Floating Rate Notes and the New Floating Rate Note Guarantees are to be issued pursuant to the terms of the indenture dated 11 February 2005 by and among the Issuer, the Guarantors named therein and The Bank of New York, (the “Trustee”), incorporated by reference to the Registration Statement (the “Indenture”).

  • The Issuer and Parent hereby agree to extend the benefits of this Agreement to any Holder of Original Floating Rate Notes and/or New Floating Rate Notes and any such Holder may specifically enforce the provisions of this Agreement as if an original party hereto.

  • The Prospectus, as it may be amended or supplemented from time to time, may be used by a broker-dealer in connection with resales of New Floating Rate Notes received in exchange for Original Floating Rate Notes where such Original Floating Rate Notes were acquired as a result of market-making activities or other trading activities.

  • The Exchange Offer is for the exchange of $1,000 principal amount at maturity of each series of New Cdn$ Notes, New Floating Rate Notes, New 2012 Senior Notes, New 2015 Notes and New Senior Subordinated Notes (collectively, the “New Notes”) for each $1,000 principal amount at maturity of each series of the applicable Old Notes.

  • Any such resale may be made directly to purchasers or to or through brokers or dealers who may receive compensation in the form of commissions or concessions from any such broker-dealer and/or the purchasers of any such New Floating Rate Notes.

  • Any broker-dealer that resells New Floating Rate Notes that were received by it for its own account pursuant to the Registered Exchange Offer and any broker or dealer that participates in a distribution of such New Floating Rate Notes may be deemed to be an “underwriter” within the meaning of the Securities Act and any profit of any such resale of New Floating Rate Notes and any commissions or concessions received by any such persons may be deemed to be underwriting compensation under the Securities Act.

  • New Floating Rate Notes received by broker-dealers for their own account pursuant to the Exchange Offer may be sold from time to time in one or more transactions in the over-the-counter market, in negotiated transactions, through the writing of options on the New Floating Rate Notes or a combination of such methods of resale, at market prices prevailing at the time of resale, at prices related to such prevailing market prices or negotiated prices.

  • This Prospectus, as it may be amended or supplemented from time to time, may be used by a broker-dealer in connection with resales of New Floating Rate Notes received in exchange for Original Floating Rate Notes where such New Floating Rate Notes were acquired by such broker-dealer as a result of market-making activities or other trading activities.

  • See “Plan of Distribution.” ANNEX C PLAN OF DISTRIBUTION Each broker-dealer that receives New Floating Rate Notes for its own account pursuant to the Registered Exchange Offer must acknowledge that it will deliver a prospectus in connection with any resale of such New Floating Rate Notes.

  • This Agreement shall inure to the benefit of and be binding upon the successors and assigns of each of the parties, including, without the need for an express assignment or any consent by the Issuer and Parent or subsequent Holders of Original Floating Rate Notes and/or New Floating Rate Notes.


More Definitions of New Floating Rate Notes

New Floating Rate Notes means the floating rate senior secured notes of the Company due December 31, 2009 issued pursuant to the Indenture.
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Related to New Floating Rate Notes

  • Floating Rate Notes means the Class A-2b Notes.

  • Fixed Rate Notes Together, the Class A-1a Notes, the Class A-2 Notes, the Class A-3 Notes, the Class A-4 Notes, the Class B Notes, the Class C Notes, the Class D Notes and the Class E Notes.

  • Floating Rate Note means any Class A-2b Note.

  • Fixed Rate Note means any Class A-1 Note, Class A-2a Note, Class A-3 Note or Class A-4 Note.

  • CB Floating Rate means the Prime Rate; provided that the CB Floating Rate shall never be less than the Adjusted One Month LIBOR Rate on such day (or if such day is not a Business Day, the immediately preceding Business Day). Any change in the CB Floating Rate due to a change in the Prime Rate or the Adjusted One Month LIBOR Rate shall be effective from and including the effective date of such change in the Prime Rate or the Adjusted One Month LIBOR Rate, respectively.

  • 2024 Notes means the 7.000% Senior Notes due 2024, issued pursuant to the 2024 Indenture.

  • 2019 Notes has the meaning set forth in the definition of “2018 Exchange Offers”.

  • 2022 Notes means the Borrower’s 5.00% Convertible Senior Notes due 2022.

  • Floating Rate Period shall have the meaning set forth in Section 2.05(b) hereof.

  • 2021 Notes means the 4.700% Senior Notes due 2021, originally issued by Ensco plc (now Valaris), a public limited company organized under the laws of England and Wales.

  • Bid Rate Note means a promissory note of the Borrower substantially in the form of Exhibit B, payable to the order of a Lender as originally in effect and otherwise duly completed.

  • Floating Rate Interest Payment Date has the meaning provided in Section 2.7(b).

  • Federal Funds Open Rate Note Unless otherwise specified on the face hereof, “Federal Funds Open Rate” means the rate set forth on Moneyline Telerate (or any successor service) on page 5 (or any other page as may replace the specified page on that service) for an Interest Determination Date underneath the caption “FEDERAL FUNDS” in the row titled “OPEN”. If the rate is not available for an Interest Determination Date, the rate for that Interest Determination Date shall be the Federal Funds Rate as determined below.

  • LIBOR Daily Floating Rate means, for any day, a fluctuating rate of interest per annum equal to LIBOR as published on the applicable Bloomberg screen page (or such other commercially available source providing such quotations as may be designated by Administrative Agent from time to time), at approximately 11:00 a.m., London time, two (2) London Banking Days prior to such day, for Dollar deposits with a term of one (1) month commencing that day; provided that if the LIBOR Daily Floating Rate shall be less than zero, such rate shall be deemed zero for purposes of the Loan Documents.

  • 2023 Notes means the 6 7/8% Notes due 2023 issued by NTL pursuant to the 1988 Indenture.

  • Floating Rate Certificates The Class A Certificates and the Mezzanine Certificates.

  • 2016 Notes means the aggregate principal amount of US$460,000,000 of 4.25% Convertible Senior Notes Due 2016 issued pursuant to the 2016 Note Indenture.

  • Floating Rate Interest Period means each period commencing on the date of the Closing and, thereafter, commencing on a Floating Rate Interest Payment Date and continuing up to, but not including, the next Floating Rate Interest Payment Date.

  • 2015 Notes means the 8.375% senior notes due 2015 in the principal amounts of $615 million and €500 million issued pursuant to the 2015 Notes Indenture.

  • Floating Rate Security means a Debt Security that provides for the payment of interest at a variable rate determined periodically by reference to an interest rate index specified pursuant to Section 2.03.

  • Floating Rate Option has the meaning given to it in the ISDA Definitions;

  • PIK Interest Rate means (a) in respect of any Interest Period, the Additional Tax Payer Protection Rate plus (b) in respect of any Interest Period ending on or prior to the first anniversary of the date hereof, the Adjusted LIBO Rate plus the Applicable Rate.

  • Interest Rate Period means that period of time for which the interest rate with respect to the Bonds has been determined by the Remarketing Agent or otherwise as provided in the definition of the applicable Interest Rate Mode, commencing on the applicable Interest Rate Adjustment Date, and terminating on the day immediately preceding the following Interest Rate Adjustment Date, if any.

  • Current Interest Bonds means Bonds of a Series the interest on which is payable at least annually.

  • Annual Interest Rate in accordance with the rate applicable to the equal instalment financing plan in effect on the conversion date, up to a maximum of 19.90%.