Examples of Permitted Senior Unsecured Debt in a sentence
Section 6.01(e) of each of the Credit ----------------- Agreements is amended by inserting ", any Permitted Senior Unsecured Debt Document" immediately after the reference to "Subordinated Debt Document" therein.
Without limiting the foregoing, no Credit Party is a party to or bound by any agreement (other than the Loan Papers and other than pursuant to the Permitted Senior Unsecured Debt Documents and/or the Permitted Senior Convertible Debt Documents) or subject to any order of any Governmental Authority which prohibits or restricts in any way the right of such Credit Party or any Restricted Subsidiary to make Distributions.
Such decrease in the Borrowing Base shall occur automatically upon the incurrence of such Permitted Senior Unsecured Debt on the date of incurrence, without any vote of the Revolving Credit Lenders or action by Administrative Agent.
Without limiting the foregoing, no Credit Party is a party to or bound by any agreement (other than the Loan Papers and other than pursuant to the Permitted Senior Unsecured Debt Documents) or subject to any order of any Governmental Authority which prohibits or restricts in any way the right of such Credit Party or any Restricted Subsidiary to make Distributions.
Upon any incurrence of Permitted Senior Unsecured Debt (other than Permitted Senior Unsecured Debt that refinances or replaces Term Loans hereunder or then existing Permitted Senior Unsecured Debt, up to the principal amount of such Term Loans or then existing Permitted Senior Unsecured Debt that is refinanced or replaced), the Borrowing Base shall automatically be decreased by an amount equal to 25% of the aggregate notional amount of such Permitted Senior Unsecured Debt issued at such time.