Prepetition Senior Secured Notes definition

Prepetition Senior Secured Notes means the 8.75% Senior Secured Notes due 2023 issued under the Prepetition Senior Secured Notes Indenture.

Prepetition Senior Secured Notes means, collectively, the Prepetition 2025 Notes and the Prepetition 2028 Notes.

Prepetition Senior Secured Notes means the first mortgage secured notes due June 28, 2000, dated as of June 28, 1990, as amended, between Service Merchandise and the Prepetition Senior Secured Notes Indenture Trustee.

Examples of Prepetition Senior Secured Notes in a sentence

• As more fully described below, the Debtor has undertaken a variety of measures since 2010 to restructure the Prepetition Senior Secured Notes and intends to further restructure the Prepetition Senior Secured Notes pursuant to the Plan.

• The Prepetition Senior Secured Notes will be cancelled and the holders of Prepetition Senior Secured Notes Claims will receive the New Notes.

• In November 2007, Roger Khafif, Eduardo Saravia and Carlos Serna (the “CCSA Parties”) and HSBC Bank, in its capacity as trustee under the Prepetition Senior Secured Notes Indenture, entered into the CCSA.

• Pursuant to the CCSA, the CCSA Parties jointly and severally agreed to pay any Construction Shortfall (as defined in the CCSA), if so designated by the independent engineer under the Prepetition Senior Secured Notes Indenture, to the Construction Escrow Account (as defined in the Prepetition Senior Secured Notes Indenture) established underthe Prepetition Senior Secured Notes Indenture.

• Such security interests and Liens shall be senior in all respects to the security interests and Liens (other than Liens on the Junior Priority Collateral securing the Prepetition Credit Agreement) of the secured parties under the Prepetition Credit Agreement or the Prepetition Senior Secured Notes, as applicable, in each case arising from their respective current and future Liens.

• The CCSA was not a guarantee of payment of the Prepetition Senior Secured Notes.

• Summary of Events On October 19, 2011, the Company announced that it would not be making its required debt service payment due November 15, 2011, including a principal payment of $31.4 million on the Prepetition Senior Secured Notes (for purposes of this section, “General Information – The Company’s Business” only, herein referred to as the “Notes”).

• Prepetition Senior Secured Notes On November 7, 2007, the Debtor entered into that certain Indenture, dated as of November 7, 2007, as amended (collectively, with such amendments, the “Indenture”), providing for the issuance of $220,000,000 in principal amount of Senior Secured Notes due 2014 (the “Prepetition Senior Secured Notes”) at an offering price of 96.934%.

• The Indenture Trustee shall be the Disbursing Agent for the holders of Prepetition Senior Secured Notes Claims.

• The CCSA Parties have also agreed, individually and not jointly and severally, that neither they nor their affiliates or their direct family members shall purchase Prepetition Senior Secured Notes or the New Notes.

More Definitions of Prepetition Senior Secured Notes

Prepetition Senior Secured Notes and the holders of such Prepetition Senior Secured Notes, the “Prepetition Senior Secured Noteholders”) issued by the Company pursuant to that certain Indenture for the 10.50% Senior Secured Notes due June 2017, dated as of July 26, 2012 (as amended, restated, supplemented or otherwise modified from time to time, the “Prepetition Senior Secured Notes Indenture”), by and among the Company, the subsidiary guarantors from time to time party thereto, and U.S. Bank National Association, as trustee (the “Prepetition Senior Secured Notes Indenture Trustee”) and as collateral agent (claims of the Prepetition Senior Secured Noteholders under the Prepetition Senior Secured Notes Indenture, the “Votable Claims”);