New Second Lien Convertible Notes definition

New Second Lien Convertible Notes means the notes issues pursuant to the New Second Lien Convertible Notes Indenture.
View Source
New Second Lien Convertible Notes means those second lien convertible notes to be issued by the Reorganized Debtor pursuant to the terms described in Exhibit 6.2(c).
View Source
New Second Lien Convertible Notes means the Initial New Second Lien Convertible Notes and any Additional New Second Lien Convertible Notes.
View Source

Examples of New Second Lien Convertible Notes in a sentence

  • The waiver and release are part of the consideration for issuance of the New Second Lien Convertible Notes.

  • On and after the redemption date, interest ceases to accrue on New Second Lien Convertible Notes or portions of New Second Lien Convertible Notes called for redemption.

  • All other payments on the New Second Lien Convertible Notes will be made at the office or agency of the paying agent and registrar unless ION elects to make interest payments by check mailed to the holders of the New Second Lien Convertible Notes at their address set forth in the register of holders.

  • The New Second Lien Convertible Notes Indenture, the New Second Lien Convertible Notes and the Note Guarantees will be governed by, and construed in accordance with, the laws of the State of New York.

  • Notices of redemption will be delivered at least 30 but not more than 60 days before the redemption date to each holder of New Second Lien Convertible Notes to be redeemed at its registered address, except that redemption notices may be delivered more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the New Second Lien Convertible Notes or a satisfaction and discharge of the New Second Lien Convertible Notes Indenture.

  • No holder of New Second Lien Convertible Notes may provide DIP Financing to ION or any Guarantor secured by Liens equal or senior in priority to the Liens securing any Priority Lien Obligations; provided, that any Liens which secure any part of the DIP Financing provided by any holders of the New Second Lien Convertible Notes shall be permitted, so long as they are junior to the Liens which secure the Priority Lien Obligations.

  • A new New Second Lien Convertible Note in principal amount equal to the unredeemed portion of the original New Second Lien Convertible Note will be issued in the name of the holder of New Second Lien Convertible Notes upon cancellation of the original New Second Lien Convertible Note.

  • Redemption The Series A Preferred Stock may be redeemed by the Company upon the exercise into Common Stock of, in the aggregate, 75% or more of the New Second Lien Convertible Notes that were issued on the Closing Date.

  • The registrar and the Trustee may require a holder, among other things, to furnish appropriate endorsements and transfer documents in connection with a transfer of New Second Lien Convertible Notes.

  • The New Second Lien Convertible Notes Indenture will provide that ION will comply with the provisions of TIA §314.


More Definitions of New Second Lien Convertible Notes

New Second Lien Convertible Notes has the meaning referred to in the preliminary statements herein.
View Source
New Second Lien Convertible Notes means the 7.0% Second Lien Convertible Notes due 2025 of Exide issued pursuant to the Indenture in an aggregate principal amount not less than $276,000,000 but not greater than $291,000,000 (with the aggregate principal amount subject to adjustment as described in the PSA Term Sheet), the documentation for which shall be in form and substance reasonably satisfactory to the Requisite Backstop Parties and shall have the terms therefor substantially as described in the PSA Term Sheet and other terms and provisions that are customary for such notes, including, without limitation, affirmative and negative covenants that are consistent with those governing the First Lien High Yield Notes, with such adjustments thereto as are reasonable and customary for second-lien secured high-yield notes, and which shall be rated by at least one credit rating agency within ninety (90) days after the Closing.
View Source
New Second Lien Convertible Notes means the second lien convertible notes of the Company due on the date that is the fifth anniversary of the Initial Settlement Date (as such term is defined in that certain Exchange Offer Memorandum and Consent Solicitation Statement by the Company, dated September 29, 2025) (the “New Second Lien Convertible Notes”).
View Source