New Series A Notes definition

New Series A Notes means the Series A Notes that will be issued by Lamington and distributed by the Debtor to the Holders of the Senior Secured Notes Claims upon the Effective Date, subject to the right of the Senior Secured Notes Trustee to exercise its Senior Secured Notes Charging Lien against such distribution for any unpaid Senior Secured Notes Trustee Fees. The form of the New Series A Notes will be included in the Plan Supplement and will be consistent in all material respects with the Restructuring Support Agreements and/or otherwise in form and substance acceptable to the Debtor and the Requisite Parties.
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New Series A Notes means the new secured notes in the principal amount of $40 million to be issued by Reorganized WPSC pursuant to the New Series A Note Indenture to the holders of Class 5 Claims and having substantially the terms set forth in Exhibit A1 hereto.
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New Series A Notes means the Series A Notes that will be issued by
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Examples of New Series A Notes in a sentence

  • All conditions precedent to the issuance of the New Series A Notes, the New Series B Notes, the New PPNs, the New PPN Warrants, the New PPN SARs, the New SARs, and the New Unvested Warrants shall have occurred and the New Series A Notes, the New Series B Notes, the New PPNs, the New PPN Warrants, the New PPN SARs, the New SARs, and the New Unvested Warrants shall have been issued.

  • The New Series A Notes would form a single series together with the Previous Series A Notes.

  • The material terms of the New Series A Notes, the New Series B Notes, and the New PPNs are summarized in Exhibit B attached hereto.

  • With respect to any New Series A Notes that remain outstanding on or after July 15, 2021, the New Series A Notes will be entitled to interest in cash at a rate of 9.75% per annum compounded and payable semi-annually, or PIK Interest, at the Issuer’s election, at a rate of 14% per annum compounded and payable semi-annually.

  • The New Series A Notes will initially carry a cash interest rate of 8.5% per annum, compounded and payable semi-annually, subject to increase as described below.

  • With respect to payments of interest and rights upon liquidation, winding up or dissolution (whether voluntary or involuntary) or sale of Lamington or of all or substantially all of its assets, the New Series A Notes will rank senior to each of the New Series B Notes and the New PPNs. The New Series A Notes will be listed for trading on a stock exchange deemed suitable for this purpose by the Debtor.

  • Thus, when the U.S. Holder’s New Series A Notes, New Series B Notes and/or New PPNs held indirectly through Grantor Trust Certificates are eventually disposed of, the Holder will recognize an amount of additional gain or reduced loss (compared to what the Holder would have recognized had there been no such basis reduction) equal to the amount of income excluded pursuant to the PTI rules discussed above, effectively offsetting such income exclusion (but providing a timing benefit with respect thereto).

  • The New PPN SARs will be issued in order to allow new PPNs to be issued to correspond to new Grantor Trust Certificates to be issued upon the exercise of the New SARs. The New Series A Notes, the New Series B Notes, the New PPNs, the Grantor Trust Certificates, the New Unvested Warrants, the New PPN Warrants, the New SARs, and the New PPN SARs are collectively referred to as the “Restructuring Securities”.

  • This would lend itself well to some other features used along this scheme – tree planting, grass verge / kerb or stylised grass mounds.Chief Executive’s response / recommendation:Will be considered further at detailed design stage.

  • Distributions received by such U.S. Holder with respect to such New Series A Notes, New Series B Notes and/or New PPNs held indirectly through Grantor Trust Certificates should be excluded from such U.S. Holder’s gross income to the extent of such U.S. Holder’s PTI account with respect to such New Series A Notes, New Series B Notes and/or New PPNs held indirectly through Grantor Trust Certificates.

Related to New Series A Notes

  • Series A Notes is defined in Section 1.

  • Series B Notes is defined in Section 1.

  • Series C Notes is defined in Section 1.

  • Series D Notes is defined in Section 1.

  • Class A Notes means the Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes and the Class A-4 Notes.

  • B Notes means each of Note B-1 and Note B-2.

  • Series A or “Series A Equipment Notes” means Equipment Notes issued and designated as “Series A Equipment Notes” under the Indenture, in the original principal amount and maturities as specified in Schedule I to the Indenture under the heading “Series A Equipment Notes” and bearing interest at the Debt Rate for Series A Equipment Notes specified in Schedule I to the Indenture.

  • A Notes means each Note that has a designation starting with “A”, either individually or in the aggregate as the context may require.

  • Series A Equipment Notes means Equipment Notes issued and designated as “Series A Equipment Notes” under the Indenture, in the original principal amount and maturities as specified in Schedule I to the Indenture under the heading “Series A Equipment Notes” and bearing interest at the Debt Rate for Series A Equipment Notes specified in Schedule I to the Indenture.

  • Series A Debentures means the Series A 9-7/8% Junior Subordinated Deferrable Interest Debentures due February 15, 2027 of the Debenture Issuer issued pursuant to the Indenture.

  • Series 2019 Bonds means, collectively, the Series 2019A Bonds and the Series 2019B Bonds.

  • Series C Equipment Notes means Equipment Notes issued under an Indenture and designated as "Series C" thereunder.

  • Class C Notes has the meaning assigned to such term in the Indenture.

  • Series A Issue Price means $39.2253 per Series A Preferred Unit.

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

  • Series B Debentures means the $200 million aggregate principal amount of 4.903% Series B senior unsecured debentures of the Trust due July 5, 2023.

  • Class B Notes has the meaning assigned to such term in the Indenture.

  • Series AA Equipment Notes means Equipment Notes issued and designated as “Series AA Equipment Notes” under the Indenture, in the original principal amount and maturities as specified in Schedule I to the Indenture under the heading “Series AA Equipment Notes” and bearing interest at the Debt Rate for Series AA Equipment Notes specified in Schedule I to the Indenture.

  • Additional Series Equipment Notes means Equipment Notes issued under the Indenture and designated as a Series (other than “Series AA” or “Series A”) thereunder in the principal amounts and maturities and bearing interest as specified in Schedule I to the Indenture amended at the time of original issuance of such Additional Series under the heading for such Series.

  • 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.

  • MAC Notes The Classes of Modifiable And Combinable STACR® Notes shown on

  • 2014 Notes means (i) the 4.850% Senior Secured Notes due 2024 issued by the Issuer on March 18, 2014 and (ii) the 4.45% Senior Secured Notes due 2025 and the 5.45% Senior Secured Notes due 2034 issued by the Issuer on August 21, 2014.

  • Tranche A Notes is defined in Section 1.1.

  • 2028 Notes has the meaning specified in the recitals of this First Supplemental Indenture.

  • 2022 Notes means the 4.875% Senior Notes due 2022, originally issued by Rowan Companies, Inc., a Delaware corporation.

  • 2012 Notes means the 5.125% Senior Secured Notes due 2022 issued by the Issuer on July 2, 2012.