Notes Payment definition

Notes Payment is defined in Section 14.2.

Notes Payment has the meaning specified in Section 14.02.

Notes Payment the meaning set forth in Section 6.5(c).

Examples of Notes Payment in a sentence

• The Issuer shall notify the exercise of such option by giving not more than 60 nor less than 30 days' notice to the Noteholders and the Security Trustee prior to the relevant Notes Payment Date.

• The Floating Interest Amount and Notes Payment Date so published may subsequently be amended (or appropriate alternative arrangements made by way of adjustment) without notice in the event of an extension or shortening of the Interest Period.

• The Reference Agent will cause the relevant Floating Rate of Interest and the relevant Floating Interest Amount and the Notes Payment Date applicable to each relevant Class of Notes to be notified to the Issuer, the Security Trustee, the Paying Agent, the Issuer Administrator and to the holders of such Class of Notes.

• The Interest Rate, the Note Interest Amount for a Note of each Class and the Notes Payment Date so published/notified may subsequently be amended (or appropriate alternative arrangements made by way of adjustment) without notice in the event of any extension or shortening of the relevant Notes Calculation Period.

• The Issuer shall notify the exercise of such option by giving not more than 60 nor less than 30 days notice to the Noteholders and the Security Trustee prior to the relevant Notes Payment Date.

More Definitions of Notes Payment

Notes Payment has the meaning specified in Section 701(a)(i).

Notes Payment means a Cash payment or payments (a) to holders of (x) Allowed Note Claims in the aggregate amount of $10,952,381 in the event the GSI UK Note is not Reinstated, or (y) Allowed Senior Note Claims in the aggregate amount of $10,000,000 in the event the GSI UK Note is Reinstated, plus (b) to holders of Allowed Senior Note Claims, the Rights Offering Proceeds plus (c) in the event the GSI UK Note is not

Notes Payment means any payment or distribution of any kind, whether in cash, property or securities (including any payment or distribution deliverable by reason of the payment of any other Indebtedness subordinated to the Notes) on account of the principal of (and premium, if any) or interest on the Notes or on account of the purchase or redemption or other acquisition of Notes by the Company or any Subsidiary of the Company. In the event that, notwithstanding the foregoing, the Trustee or the Holder of any Note receives any Notes Payment before all Senior Indebtedness of the Company is paid in full or payment thereof is provided for in cash or Cash Equivalents or otherwise in a manner satisfactory to the holders of such Senior Indebtedness, then and in such event such Notes Payment will be required to be paid over or delivered forthwith to the holders of Senior Indebtedness for application to the payment of all Senior Indebtedness of the Company remaining unpaid, to the extent necessary to pay such Senior Indebtedness in full.

Notes Payment shall have the meaning set forth in Section 6.03 of this Supplemental Indenture.

Notes Payment has the meaning specified in Section 10.03.

Notes Payment has the meaning assigned to such term in Section 11.2.

Notes Payment means a Cash payment or payments (a) to holders of Allowed Note Claims in the aggregate amount of $10,952,381 plus (b) to holders of Allowed Senior Notes Claims, the Rights Offering Proceeds plus (c) to the holder of the GSI UK Note Claim, the product of the aggregate amount of Rights Offering Proceeds times the proportion of the principal amount of the GSI UK Note ($20 million) to the original principal amount of the Senior Notes ($210 million).