New Subordinated Note Indenture definition
Examples of New Subordinated Note Indenture in a sentence
Except with respect to specific property encumbered to secure payment of particular Indebtedness or to be sold pursuant to an executed agreement with respect to an Asset Sale, neither Company nor any of its Subsidiaries shall enter into any agreement (other than the New Subordinated Note Indenture) prohibiting the creation or assumption of any Lien upon any of its properties or assets, whether now owned or hereafter acquired.
The Borrower shall not designate, create or permit to exist any (a) Designated Senior Indebtedness (as defined in the Convertible Subordinated Note Indenture) and (b) Designated Senior Indebtedness (as defined in the New Subordinated Note Indenture), in each case other than obligations arising under the Loan Documents.
After giving effect to the transactions contemplated hereby, no default or event of default has occurred and is continuing under the Senior Loan Agreement or the New Subordinated Note Indenture.
No Default or Event of Default shall have occurred and be continuing under the Senior Loan Agreement or the New Subordinated Note Indenture.
The Borrower shall not designate, create or permit to exist any (a) Designated Senior Indebtedness (as defined in the Convertible Subordinated Note Indenture), (b) Designated Senior Indebtedness (as defined in the New Subordinated Note Indenture) or (c) Designated Senior Indebtedness (as defined in the New Convertible Subordinated Note Indenture), in each case other than obligations arising under the Loan Documents.