Examples of New Senior Note Agreement in a sentence
On the Effective Date, without the need for any further corporate action or action by the holders of Claims and Equity Interests, Reorganized ANI will enter into the New Senior Note Agreement in substantially the form set forth in the Plan Supplement and will issue the New Tranche A Senior Notes.
Collateral First priority lien on substantially all assets, subject only to liens granted in connection with the New Working Capital Facility Amortization On terms acceptable to "Required Lenders" under the New Senior Note Agreement.
The satisfaction or waiver of the conditions precedent of the effectiveness of the New Senior Note Agreement is a condition precedent to the effectiveness of the Plan.
On the Effective Date, Reorganized ANI shall execute and deliver the New Senior Note Agreement and issue the New Tranche A Senior Notes.
Amortization On terms acceptable to "Required Lenders" under the New Senior Note Agreement.
The Borrower shall permit Agent and Lender to participate in any telephone conference regarding the Borrower’s merger and acquisition activities in which the New Noteholders may participate pursuant to Section 6.5 of the New Senior Note Agreement and will make available appropriate dial-in information, by email or other electronic transmission, to Agent and Lenders at least three Business Days in advance of such telephone conference.
However, the covenants contained in both the New Senior Note Agreement and the New Senior Subordinated Note Indenture are expected to prohibit the use of Cash to redeem stock.
Respectfully submitted, Orbital Imaging Corporation By: /s/ Matthew O'Connell Name: Matthew O'Connell Chief Executive Officer The Plan Supplement will include at least the following documents: (i) Form of New Senior Note Agreement; (ii) Form of New Senior Subordinated Note Indenture; (iii) Form of Warrants; (iv) Form of Registration Rights Agreement and (v) Form of Employee Stock Incentive Plan.
Upon the effectiveness of the Amendment, Restatement and Combination Transactions (as defined in the New Senior Note Agreement), and of the Satisfaction Transactions (as defined in the New Senior Note Agreement), neither the Borrower nor any of its Subsidiaries will, on the Closing Date, have any Indebtedness other than Capital Leases, Indebtedness outstanding under the Senior Refinancing Documents and the Obligations.
Any amendment to or modification of the provisions of this Section 13.5 (including any definitions set forth in this Section 13.5 to the extent any amendment or modification of such definitions would materially impair the rights of the Noteholders (as defined in the Gores Subordination Agreement) under this Section 13.5) made without the prior written consent of the Required Holders (as defined in the New Senior Note Agreement) shall be deemed ineffective.