Note Exchange has the meaning set forth in the recitals.
Note Exchange has the meaning given to such term in the Recitals.
Note Exchange means the exchange of the 1.5 Lien Notes and the Excess Notes, if any, for shares of Common Stock valued at $10.00 per share pursuant to the terms of the Exchange Agreement.
Examples of Note Exchange in a sentence
Prudential and each Existing Holder shall have received from ArentFox Schiff LLP, or such other counsel who is acting as special counsel for Prudential and such Existing Holder in connection with the Note Exchange, a favorable opinion satisfactory to Prudential and such Existing Holder as to such matters incident to the matters herein contemplated as it may reasonably request.
More Definitions of Note Exchange
Note Exchange means the exchange and cancellation by Ronald P. Erickson and/or his Affiliates of $500,000 of outstanding principal, accrued interest and other amounts due and owing Ronald P. Erickson and/or his Affiliates on the Insider Notes into an aggregate of not more than 5,000,000 shares of Common Stock (the “Exchange Shares”).
Note Exchange has the meaning set forth in Section 1B.
Note Exchange shall have the meaning given in paragraph 2A hereof.
Note Exchange has the meaning set forth in Recital F.
Note Exchange means the transactions contemplated by that certain Note Exchange Agreement, dated as of December 5, 2007 and as may be amended from time to time, by and among the Company and the other Persons named therein.
Note Exchange means the exchange of Senior Unsecured Notes for Second Lien Notes in accordance with, and subject to the terms of, the Transaction Support Agreement.
Note Exchange means the exchanges of notes contemplated by Section 2.2.