Notes Secured Obligations definition

Notes Secured Obligations means any principal, interest (including any interest accruing subsequent to the filing of a petition in bankruptcy, reorganization or similar proceeding at the rate provided for in the documentation with respect thereto, whether or not such interest is an allowed claim under applicable state, federal or foreign law), premium, penalties, fees, indemnifications, reimbursements (including, without limitation, reimbursement obligations with respect to letters of credit and bankers’ acceptances), damages and other liabilities payable under the Secured Notes Indenture.

Notes Secured Obligations means, in each case, without duplication, (a) the Notes Secured Debt and any other obligations in respect of the Notes Secured Debt to the extent provided in this Indenture, (b) any and all sums due and owing (including indemnity amounts) to the Trustee pursuant to this Indenture, the Notes and the Collateral Documents, and (c) in the event of any proceeding for the collection or enforcement of the obligations described in clauses (a) and (b) above, the expenses of retaking, holding, preparing for sale or lease, selling or otherwise disposing of or realizing on the Shared Collateral, or of any exercise by the relevant collateral agent of its rights under the Collateral Documents, together with any reasonable, documented, out-of-pocket attorneys’ fees and court costs.

Notes Secured Obligations means all Secured Obligations owing under the Notes or otherwise under the Note Purchase Agreements.

Examples of Notes Secured Obligations in a sentence

• Subject to the terms of this Agreement (and, as between the Bank Agent and the Trustee, the Project Lenders Intercreditor Agreement), the Second Mortgage Notes Secured Obligations shall be secured by a third priority lien on and security interest in the FF&E Component Collateral.

• Upon the termination of the Intercreditor Agreement, all proceeds shall be applied first to the Bank Secured Obligations and second to the Mortgage Notes Secured Obligations.

• Notwithstanding any other provision of this Agreement to the contrary, except as expressly provided herein the Second Mortgage Note Holders shall not, in any Insolvency or Liquidation Proceeding, be restricted in voting any secured claims based upon the Second Mortgage Notes Secured Obligations and will not be in any respect restricted in voting any unsecured claims based upon the Obligations outstanding under the Second Mortgage Notes.

• Even today, ecotourism enthusiasts still see geotourism as ‘geological tourism’ and find difficulty in accepting the holistic embrace of the geotourism experience.

• The Second Mortgage Notes Proceeds Account Collateral secures only the Second Mortgage Notes Secured Obligations, and no other Project Credit Party shall have any liens thereon or any security interest therein.

• No ballot voting a secured claim based upon the Second Mortgage Notes Secured Obligations shall be delivered in respect of any such plan by any holder of secured claims based upon the Second Mortgage Notes Secured Obligations prior to the last date on which the notice described in clause (i) may be given by the Bank Agent.

• Subject to the terms of the Intercreditor Agreement, the proceeds resulting from the collection, or sale or other disposition, of the Pledged Assets and Rights shall be applied to the Credit Facility Secured Obligations in accordance with Section 8.04 of the Credit Agreement and applied to the Notes Secured Obligations in accordance with Section 6.10 of the Secured Notes Indenture.

• The 2014 Notes Secured Obligations shall be secured by a first priority lien on and security interest in the 2014 Notes Separate Collateral and the Shared Collateral, which first priority lien and security interest in the Shared Collateral shall be pari passu in priority with the lien and security interest in the Shared Collateral securing the Bank Secured Obligations and the Obligations securing any Permitted Additional Senior Secured Debt Agreement, subject to the sharing of proceeds provisions hereof.

• Upon satisfaction and discharge by the payment in full of the 2021 Note Obligations or 2024 Note Obligations, as applicable, all references herein to Holders, Indentures, Note Documents, Notes, Secured Obligations or Trustees shall be construed to refer only to the Holders, Indentures, Note Documents, Notes, Secured Obligations or Trustees that correspond to the Notes that remain outstanding.

• The 2015 Notes Separate Collateral secures only the 2015 Notes Secured Obligations, and no other Secured Party shall have any Liens thereon or any security interest therein.

More Definitions of Notes Secured Obligations

Notes Secured Obligations means, in each case, without duplication, (a) the Notes Secured Debt and any other Obligations in respect of the Notes Secured Debt to the extent provided in the Notes Documents, (b) any and all sums due and owing to the Trustee and any Collateral Agent, and (c) in the event of any proceeding for the collection or enforcement of the obligations described in clauses (a) and (b) above after a Remedies Direction has been provided (including any Remedies Action), the expenses of retaking, holding, preparing for sale or lease, selling or otherwise disposing of or realizing on the Shared Collateral or the Azul Cargo Collateral, or of any exercise by any Collateral Agent of its rights under the Collateral Documents or the Azul Cargo Collateral Documents, together with any reasonable, documented, out-of-pocket attorneys’ fees and court costs.

Notes Secured Obligations means all obligations, liabilities and indebtedness of every nature of each Grantor from time to time owed to the Notes Secured Parties under the Notes Documents, including, without limitation, all principal, fees, premiums, interest, expenses, indemnification obligations arising under the Notes Documents, together with (a) any amendments, modifications, renewals replacements, refinancings or extensions thereof in accordance with the terms hereof, (b) any DIP Financing furnished by the Notes Secured Parties and (c) any interest, fees and other charges accruing thereon or due or to become due with respect thereto after the commencement of any Insolvency Proceeding, without regard to whether or not such interest, fees and other charges constitute an allowed claim. To the extent any payment with respect to any Notes Secured Obligation (whether by or on behalf of any Grantor, as proceeds of security, enforcement of any right of setoff or otherwise) is declared to be a fraudulent conveyance or a preference in any respect, set aside or required to be paid to a debtor in possession, any CoBank Secured Party, receiver or similar Person, then the obligation or part thereof originally intended to be satisfied shall, for the purposes of this Agreement and the rights and obligations of the CoBank Secured Parties and the Notes Secured Parties, be deemed to be reinstated and outstanding as if such payment had not occurred.

Notes Secured Obligations means any and all obligations of any kind whatsoever of the Company or any of its Subsidiaries in respect of the Senior Secured Notes, the Indenture and the Guarantees and, without limiting the foregoing, all obligations of the Pledgors owing to the Trustee or holders of Notes under or with respect to the Notes Security Documents.

Notes Secured Obligations means the Secured Obligations (as defined in the Notes Security Agreement), together with any obligations incurred to evidence any refunding, Refinancing or replacement or successive refunding, Refinancing or replacement thereof.

Notes Secured Obligations means the “Notes Obligations” as defined in the Notes Indenture.