New Term Notes definition

New Term Notes means term notes in the aggregate principal amount of $135 million to be issued by GMI to the Secured Lenders on the Effective Date, guaranteed by the Reorganized Subsidiaries, and secured by second priority liens and security interests on substantially all of the Reorganized Debtors' tangible and intangible assets, including, without limitation, intellectual property, real property and the capital stock of each Reorganized Subsidiary (except that the liens shall be limited to 65% of the interests held by GMI in its non-debtor foreign subsidiaries and affiliates). The New Term Notes are payable in full three years from their date of issuance.
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New Term Notes as defined in Section 2.8(e).
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New Term Notes means those certain amended and restated term notes in the aggregate principal amount of $38,000,000 that will be issued pursuant to the New Credit Agreement.
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Examples of New Term Notes in a sentence

  • After considering the plain language of the Indentures, the Court concludes that convertible debt, as proposed by the New Term Notes, is not within the definition of “credit facility.” The definition of “credit facility” includes non-convertible debt securities, not convertible debt securities.

  • Specifically, Plaintiffs contend that if the Tender Offer Transactions are implemented and substantially all of Holdings’ assets are transferred, any distribution of value from Communications will first be applied to pay the New Term Notes and the Exchange Notes, thus Holdco’s ability to make distributions to Holdings will be restricted.

  • Once applied, the applicants are advised to check the website as well as their registered e-Mail regularly for any updates.

  • Because of the disintegration of society and due to the economic reshuffle the more people will lose their job and their society.

  • For example, I find the gains made by the living wage movement in the U.S. to be hopeful, even if the number of working poor in the U.S. remains stag- gering.80 As Christian ethicist C.


More Definitions of New Term Notes

New Term Notes means new term notes to be issued by New Holdco pursuant to the New Term Notes Indenture in the principal amount of $300 million, substantially in the form contained in the Plan Supplement.
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New Term Notes is hereby added in the correct alphabetical order in Part I of Appendix A to the Indenture as follows:
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New Term Notes means the Term Notes issued on or after the Third Amendment Closing Date.”
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New Term Notes means the promissory notes of the Borrower in favor -------------- of each of the Banks evidencing the New Term Loan provided pursuant to Section 2.4(e), individually or collectively, as appropriate, as such promissory notes may be amended, modified, restated, supplemented, extended, renewed or replaced from time to time.
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New Term Notes means the New Short-Term Note and the New Long-Term Note.
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New Term Notes means any promissory notes of Borrower issued pursuant to subsection 2.1E to evidence the New Term Loans of any Lenders, substantially in the form of Exhibit III-A annexed hereto, as they may be amended, supplemented or otherwise modified from time to time.
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New Term Notes shall have the meaning provided in Section 12.17(ix).
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