Refinancing Securities definition

Refinancing Securities means debt, equity, convertible or other securities of the Company or any of its Subsidiaries proposed to be sold in order to consummate the Permanent Refinancing.

Refinancing Securities means any subclass of Securities issued by the Issuer under this Indenture at any time and from time to time after the date hereof, in a Refinancing under Section 2.10 hereof.

Refinancing Securities means the unsecured senior subordinated ---------------------- notes of Borrower or any of its Subsidiaries proposed to be sold in order to consummate the Refinancing. "Refinancing Securities Notice" see Section 5.11B. ----------------------------- "Register" see Section 5.13. --------

Examples of Refinancing Securities in a sentence

• On the date of any Refinancing, the Issuer shall issue and sell an aggregate principal amount of Refinancing Securities not to exceed the Redemption Price of the Securities being refinanced thereby and any accrued and unpaid interest plus the Refinancing Expenses relating thereto, any Policy Premium and Policy Redemption Premium due and payable to the Policy Provider and any amount to be deposited in any Cash Collateral Account for such Refinancing Securities.

• In connection with the amendment of the Policy to cover the Certificates relating to the Refinancing Securities, the Policy Provider agrees to deliver to the Issuer, the Guarantor and Drawing Agent, on or prior to the date of Refinancing, legal opinions and corporate documents in respect of the amended Policy, substantially similar in form, scope and substance to the legal opinions and corporate documents delivered by the Policy Provider on the Initial Closing Date.

• In connection with the amendment of the Initial Credit Facility to cover the Refinancing Securities, the Initial Credit Facility Provider agrees to deliver to the Issuer and the Guarantor, on or prior to the date of Refinancing, legal opinions and corporate documents in respect of the amended Initial Credit Facility, substantially similar in form, scope and substance to the legal opinions and corporate documents delivered by the Initial Credit Facility Provider on the Initial Closing Date.

• All Securities of any class or subclass need not be issued at the same time and any class or subclass of Securities may be reopened, without the consent of any Holder, for issuances of Additional Securities or Refinancing Securities of such class or subclass, subject in all cases to Sections 2.10, 2.12, 3.09, 3.11 and 5.02 hereof and any other applicable provision of this Indenture.

• If any of the terms of any issue of Refinancing Securities are established by action taken pursuant to one or more Board Resolutions, such Board Resolutions shall be delivered to the Trustee setting forth the terms of such Refinancing Securities.

More Definitions of Refinancing Securities

Refinancing Securities means (i) the $360,000,000 Aggregate Liquidation Amount of 9% Trust Preferred Securities Due 2006 issued by the FMC Trust pursuant to its Amended and Restated Declaration of Trust dated as of November 27, 1996, as it may be amended, restated or modified as permitted by Section 8.9, and (ii) the 1996 Subordinated Notes.

Refinancing Securities means any debt “Securities” (as defined in the Engagement Letter) issued pursuant to Section 1 of the Engagement Letter.

Refinancing Securities securities issued by the Borrower (i) which are exchanged by the Borrower for Loans held by the Vendor in a transaction constituting a Permitted Refinancing, (ii) in respect of which interest and fees are payable at an aggregate margin or rate (as the case may be) per annum not in excess of that applicable to the Loans exchanged therefor (unless the Borrower shall otherwise agree), (iii) the terms relating to payment of principal of which (including mandatory prepayment) are equivalent to, or more favorable to the Borrower than, those applicable to the Loans exchanged therefor (except as modified by the Five-Year No-Call), (iv) are subject to provisions requiring such Refinancing Securities to be secured by the Collateral and guaranteed by the Guarantees equally and ratably with the other Secured Obligations that are Loans being exchanged therefor and (v) are otherwise subject to terms and conditions substantially identical to those applicable to the High Yield Debt (but which include mutually agreeable covenants reflecting the secured nature of such Refinancing Securities).

Refinancing Securities means the notes, instruments, and securities evidencing the Refinancing Indebtedness and the Permitted Preferred Stock.

Refinancing Securities means the securities and obligations specified in a. through c. below; however,

Refinancing Securities as defined in Section 5.9.

Refinancing Securities has the meaning specified in the definition of "Refinancing".