New Senior Secured Notes Indenture definition

New Senior Secured Notes Indenture means the indenture for the New Senior Secured Notes, the form of which shall be included in the Plan Supplement and shall be reasonably satisfactory in form and substance to the Ad Hoc 8.625% Noteholders and JPMorgan Noteholders; provided, however, that to the extent any provisions will affect the nature, value, or form of the recovery to the Ad Hoc 8.625% Noteholders and the JPMorgan Noteholders, they shall be satisfactory to such Holders; provided, further, if the New Senior Secured Notes Indenture evidences terms less favorable to the Debtors and their creditors than those set forth in Exhibit D to the Restructuring and Support Agreement, such terms must be satisfactory to counsel to the Ad Hoc 8.625% Noteholders and counsel to the JPMorgan Noteholders.

New Senior Secured Notes Indenture means the Indenture dated May 22, 2015, among the Borrowers, the guarantors party thereto and the Trustee.

New Senior Secured Notes Indenture means any indenture pursuant to which New Senior Secured Notes are issued, as the same may be amended, restated, supplemented, substituted, replaced, refinanced or otherwise modified from time to time.

Examples of New Senior Secured Notes Indenture in a sentence

• To the extent any holder of a Claim described in the first sentence of this subsection fails to release the relevant liens as described above, the Reorganized Debtors may act as attorney-in-fact, on behalf of the holders of such liens, to provide any releases as may be required by any lender under the New ABL Facility or New Senior Secured Notes Indenture or for any other purpose.

• The Plan Supplement also attaches the New Senior Secured Notes Indenture, the Supplemental Indentures, the Reorganized Debtors' certificates of incorporation and bylaws, and the Investor Rights Agreement.

• One condition to consummation of the Prepackaged Plan is the entry of the Confirmation Order that will approve, among other things, the assumption of the majority of the Company’s executory contracts and unexpired leases and the execution of the New ABL Facility and the New Senior Secured Notes Indenture.

• Obligations incurred under the New Senior Secured Notes Indenture shall, inter alia, (x) have an interest rate of 10.5%, (y) be secured by liens on a collateral package which is substantially similar to the collateral package for the Senior Secured Notes; and (z) have a final maturity date of five years from the Effective Date.

• Treatment: On the Effective Date, each holder of an Allowed Senior Secured Notes Claim shall receive, in full and final satisfaction of its Senior Secured Notes Claims, its Pro Rata share of: (i) the New Senior Secured Notes issued pursuant to the New Senior Secured Notes Indenture; and (ii) the Senior Secured Notes Equity Distribution.

More Definitions of New Senior Secured Notes Indenture

New Senior Secured Notes Indenture means the indenture entered into by and among the Issuer, the Guarantors party thereto and Wilmington Trust, National Association, as trustee with respect to the New Senior Secured Notes.

New Senior Secured Notes Indenture means the Indenture between Reorganized PHI, as issuer, and the New Senior Secured Notes Indenture Trustee, as trustee, which indenture relates to the New Senior Secured Notes, substantially in the form to be Filed as EXHIBIT 3 to the Plan at or prior to the Confirmation Hearing.

New Senior Secured Notes Indenture means the Indenture of Trust to be entered into between AWHI and a financial institution to be selected by the Debtors with the consent of the Steering Committee, which consent shall not be unreasonably withheld or delayed, pursuant to which the New Senior Secured Notes will be issued and to be in substantially in the form contained in the Plan Supplement.

New Senior Secured Notes Indenture means the Indenture, dated as of the Second Amendment Effective Date, among Borrower, as issuer, the Subsidiary Guarantors party thereto, as guarantors, and Wilmington Trust, National Association, as trustee thereunder, as the same may be amended, restated, modified or supplemented from time to time thereafter in accordance with the terms hereof and thereof.

New Senior Secured Notes Indenture means the indenture to be entered into on the Effective Date by Concordia, the New Senior Secured Debt Guarantors and the New Senior Secured Notes Trustee on the terms substantially as described in the Circular and/or as may otherwise be agreed by the Applicants, the Majority Initial Consenting Secured Debtholders and the Majority Private Placement Parties, each acting reasonably, pursuant to which the New Senior Secured Notes will be issued;

New Senior Secured Notes Indenture means the Indenture under which the New Senior Secured Notes are to be issued, among, among others, the Borrower and Verso Paper Inc., as issuers and certain of the Subsidiaries party thereto, as guarantors, as amended, restated, supplemented or otherwise modified from time to time in accordance with the requirements thereof and of Agreement.

New Senior Secured Notes Indenture means that certain Senior Secured Notes Indenture for the New Senior Secured Notes dated as of February 19, 2010, among the Borrower, the Guarantors listed therein and the Bank of New York Mellon Trust Company, N.A. as trustee, as the same may be amended, restated, supplemented, substituted, replaced, refinanced or otherwise modified from time to time and any other indenture pursuant to which New Senior Secured Notes are issued.