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 in an aggregate principal amount of $45,421,874, evidenced by the notes issued by Pioneer Americas pursuant to the New Tranche A Notes Indenture.
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Examples of New Tranche A Notes in a sentence

  • 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.

  • 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.

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

  • 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.

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

  • On the later of each Distribution Date and ten (10) Business Days after the date on which a Class 3 Claim becomes an Allowed Class 3 Claim, each holder of an Allowed Class 3 Claim shall receive its Ratable Share of: (a) 100% of the shares of the New Common Stock subject to dilution by the New Stock Option Plan; (b) the New Tranche A Notes; (c) the New Tranche B Notes; and (d) Excess Cash.

  • 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.

  • The liens of the lenders under the New Tranche A Notes will be senior to the liens of the lenders under the New Tranche B Notes.

  • The rights of the Lenders, the New Tranche A Notes Holders and the New Tranche B Notes Holders rank senior in right of payment to all Indebtedness and obligations of each Obligor and each Obligor Subsidiary (except with respect to the Exit Facility, in relation to which such rights rank pari passu).

  • The New Tranche A Notes shall be issued in the principal amount of $500 million, have a five-year term, and be secured by substantially all of the Debtor’s assets.


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 Notes is defined in Section 1.

  • Tranche B Notes is defined in Section 1.

  • Tranche A Note means a promissory note of the Borrower payable to the order of any Tranche A Bank, in substantially the form of Exhibit A-1 hereto, evidencing the aggregate indebtedness of the Borrower to such Tranche A Bank resulting from Tranche A Advances.

  • 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 A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • 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 means the Class B 5.03% Asset-Backed Notes substantially in the form of Exhibit B to the Indenture.

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

  • 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 Tranche A Term Loans hereunder, expressed as an amount representing the maximum principal amount of the Tranche A Term Loans to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.06 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 $175,000,000.

  • Class A-2-B Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-2-B Notes, issued in accordance with the Indenture.

  • Tranche A Facility means the aggregate of the Tranche A Commitments.

  • Class A-2-A Notes has the meaning assigned to such term in the Indenture.

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • 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, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan hereunder on the Effective Date, expressed as an amount representing the maximum principal amount of the Tranche B Term Loan to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08 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 B Commitment is set forth on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Tranche B Commitment, as the case may be. The initial aggregate amount of the Lenders’ Tranche B Commitments is $750,000,000.

  • Tranche A Term Loan Commitment means the commitment of a Lender to make or otherwise fund the Tranche A Term Loan and “Tranche A Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of the Tranche A Term Loan Commitments as of the Closing Date is $5,000,000.

  • 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).

  • Tranche A Term Commitment as to any Lender, the obligation of such Lender, if any, to make a Tranche A Term Loan to the Borrower on the Incremental Facilities Closing Date in a principal amount not to exceed the amount set forth under the heading “Tranche A Term Commitment” opposite such Lender’s name on Schedule 1.1A. The original aggregate amount of the Tranche A Term Commitments is $20,000,000.

  • Tranche B Term Loans means the Loans made by Lenders to Company pursuant to subsection 2.1A(ii).

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

  • Tranche A Borrowing Base means, at any time of calculation, an amount equal to:

  • Series B Notes is defined in Section 1.