New Tranche A Notes definition

New Tranche A Notes means the senior secured notes due [2008] in the amount of $500 million to be issued by the Reorganized Debtor pursuant to the terms of the applicable New Indenture and distributed to holders of Class 3 Claims pursuant to Section 6.1 hereof.
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New Tranche A Notes means the notes provided for in the form of Indenture annexed to the Disclosure Statement as Appendix "3".
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New Tranche A Notes means indebtedness of Pioneer Americas LLC in an aggregate principal amount of $45,421,874, as evidenced by the notes issued by Pioneer Americas LLC pursuant to the New Tranche A Notes Indenture.
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Examples of New Tranche A Notes in a sentence

  • PIK Tranche A Notes will accrue interest and be payable at the same rate and on the same terms as New Tranche A Notes.

  • Accrued interest at the annual rate of LIBOR plus 5.0% (the "Base Rate") shall be payable quarterly in arrears in cash, and the remaining 7.0% of accrued interest will be payable quarterly in arrears, at the election of the Reorganized Debtors, in cash or by issuance of New Tranche A Notes ("PIK Tranche A Notes") in an aggregate principal amount equal to all accrued unpaid interest not paid in cash.

  • No: (i) Cash payment of less than $50.00; (ii) Distribution of less than $1,000 face value of New Tranche A Notes; or (iii) Distribution of less than $1,000 face value of New Tranche B Notes, shall be required to be made to the holder of any Claim.

  • Each of the New Indentures, the New Tranche A Notes, the New Tranche B Notes, the Litigation Trust Agreement and the Amended and Restated Certificate of Incorporation and By-Laws for the Reorganized Debtor shall be in form and substance reasonably satisfactory to the Official Committees.

  • The Confirmation Order will provide that the offer and sale of the New Common Stock, New Tranche A Notes, and New Tranche B Notes issued pursuant to the Plan are exempt from registration pursuant to section 1145(a) of the Bankruptcy Code and that the New Common Stock, New Tranche A Notes, and New Tranche B Notes may be resold by the holders thereof without restriction, except to the extent that any such holder is deemed to be an "underwriter" as defined in section 1145(b)(1) of the Bankruptcy Code.

  • If a trading market does exist, the 1145 Securities or the New Tranche A Notes could trade at prices higher or lower than the value ascribed to such securities herein depending upon many factors including, but not limited to, the prevailing interest rates, markets for similar securities, general economic and industry conditions and the performance of, and investor expectations for, the Reorganized Debtors.

  • The transactions contemplated by the Plan of Reorganization to have been consummated on or before the Closing Date shall have been consummated on or before the Closing Date in accordance with the terms of the Plan of Reorganization, including the New Tranche A Notes Indenture and the other Indenture Documents taking effect, and the granting of Liens securing the Collateral.

  • Nothing in this Section 10.9 shall prohibit, restrict or prevent the Lenders and New Tranche A Notes Holders, upon the vote or consent of the Required Lenders, to institute such suits or proceedings independently of the Administrative Agent and/or the Collateral Agent.

  • The transactions contemplated by the Plan of Reorganization to have been consummated on or before the Closing Date shall have been consummated on or before the Closing Date in accordance with terms of the Plan of Reorganization, including the issuance of the New Common Stock, the New Tranche A Notes, the New Tranche B Notes and the granting of Liens securing the Collateral.

  • It is not contemplated that the 1145 Securities or the New Tranche A Notes will be registered under the Securities Act or the Securities Exchange Act of 1934 as of the Effective Date nor is it contemplated that the 1145 Securities or the New Tranche A Notes will be listed on a national securities exchange or the NASDAQ market system.


More Definitions of New Tranche A Notes

New Tranche A Notes means indebtedness of the New Tranche A Notes Issuer in an aggregate principal amount of $50,000,000, as such indebtedness is continued and incurred by the New Tranche A Issuer in accordance with the terms of the New Tranche A Notes Indenture.
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Related to New Tranche A Notes

  • Tranche A Note means a promissory note substantially in the form of Exhibit A-1 made by the Borrower in favor of a Lender evidencing Tranche A Loans made by such Lender, to the extent requested by such Lender pursuant to Section 2.08(e).

  • Tranche B Note means a promissory note of the Borrower payable to any Tranche B Lender and its registered assigns, delivered pursuant to a request made under Section 2.16 in substantially the form of Exhibit A-3 hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Tranche B Loans made by such Lender to the Borrower.

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • 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.

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

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • Tranche A Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche A Term Loan hereunder on the Effective Date, expressed as an amount representing the maximum principal amount of the Tranche A Term Loan to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.09 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Tranche A Commitment is set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its Tranche A Commitment, as applicable. The initial aggregate amount of the Lenders’ Tranche A Commitments is $100,000,000.

  • Term B Note means a promissory note made by the Borrower in favor of a Term B Lender, or its registered assigns, evidencing Term B Loans made by such Term B Lender, substantially in the form of Exhibit C-1.

  • Tranche B Commitment means, as to each Lender, its obligation to (a) make Committed Loans to TCCI pursuant to Section 2.1(b) and (b) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.1 as its “Tranche B Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Tranche the collective reference to Eurodollar Loans the then current Interest Periods with respect to all of which begin on the same date and end on the same later date (whether or not such Loans shall originally have been made on the same day).

  • Series B Notes is defined in Section 1.