Examples of Permitted Senior Unsecured Notes in a sentence
In the event the Parent or the Borrower intends to issue Permitted Senior Unsecured Notes, prior written notice of such intended offering of such Permitted Senior Unsecured Notes, the amount thereof, and the anticipated date of closing and promptly when available will furnish a copy of the preliminary offering memorandum (if any) and the final offering memorandum (if any).
For the avoidance of doubt, there shall be no reduction of the Borrowing Base upon the issuance of the Specified Permitted Senior Unsecured Notes so long as the foregoing conditions are satisfied as of the date of such issuance of the Specified Permitted Senior Unsecured Notes.
Section 2.07(e) is hereby amended and restated in its entirety to read as follows: (e) Automatic Reduction of Borrowing Base – Issuance of Permitted Senior Unsecured Notes or Permitted Second Lien Debt .
Notwithstanding the foregoing, no such reduction to the Borrowing Base shall be required with respect to Permitted Senior Unsecured Notes in an aggregate stated principal amount not to exceed $200,000,000 issued by any Loan Party prior to delivery of the New Borrowing Base Notice for the Scheduled Redetermination scheduled to occur on or about October 1, 2018 (and for the avoidance of doubt, any principal amounts issued in excess thereof during such period shall be subject to the foregoing reduction).
Section 9.01 Financial Covenants 77 Section 9.02 Debt 77 Section 9.03 Liens 78 Section 9.04 Dividends, Distributions and Repayment of Permitted Senior Unsecured Notes 78 Section 9.05 Investments and Loans 79 Section 9.06 Nature of Business; No International Operations 80 Section 9.07 Limitation on Leases 80 Section 9.08 Proceeds of Notes 80 Section 9.09 ERISA Compliance 81 Section 9.10 Sale or Discount of Receivables 82 Section 9.11 Mergers, Etc.