Old Subordinated Notes definition

Old Subordinated Notes has the meaning set forth in the Recitals.

Old Subordinated Notes has the meaning specified in the preamble.

Old Subordinated Notes means the Company’s 11 1/2% Senior Subordinated Notes due 2016.

Examples of Old Subordinated Notes in a sentence

• The New Subordinated Notes will be convertible at the option of the holders thereof into shares (the "Conversion Shares") of Common Stock, par value $.005 per share, of the Company on the same terms and at the same conversion price of $10.60 per share (subject to adjustment) as the Old Subordinated Notes.

• Any Old Subordinated Notes not exchanged by the holder thereof shall remain outstanding and shall continue to be governed by the Note Purchase Agreement and otherwise be unaffected by the terms of this Agreement.

• As used in this Section, a "material fact" means a fact that there is a substantial likelihood a Noteholder would consider important in deciding whether to exchange its Old Subordinated Notes for the New Subordinated Notes.

• Notwithstanding anything to the contrary contained in the Note Purchase Agreement, the last Interest Period (as defined in the Note Purchase Agreement) for all Old Subordinated Notes being exchanged for New Subordinated Notes pursuant to this Agreement shall end on the day immediately preceding the Closing Date and as of such date no further interest shall accrue on such Old Subordinated Notes.

• All accrued and unpaid interest on the Old Subordinated Notes to be exchanged pursuant to this Agreement shall be treated as having accrued on the New Subordinated Notes and will be added to the first interest payment on the New Subordinated Notes.

More Definitions of Old Subordinated Notes

Old Subordinated Notes means the $125 million original aggregate principal amount of the Issuers’ 9% Senior Subordinated Notes due 2010 outstanding on the Issue Date.

Old Subordinated Notes means the 12-1/4% Series B Senior Subordinated Notes due April 15, 2007 of the Company issued under the Old Subordinated Indenture, as amended from time to time in accordance with Section 8.22.

Old Subordinated Notes means the 11.375% Senior Subordinated Notes due 2016 issued by the Issuers.

Old Subordinated Notes means Debtor's 7% Convertible Subordinated Debentures due 2001 pursuant to the Old Subordinated Indenture.

Old Subordinated Notes means (i) the 7 3/4% Subordinated Debentures, (ii) the 11% Subordinated Debentures (2010) and (iii) the 11% Subordinated Debentures (2011).

Old Subordinated Notes has the meaning assigned to the term “Existing Subordinated Notes” in the Existing Credit Agreement.

Old Subordinated Notes means MPM’s 11 1/2% Senior Subordinated Notes due 2016.