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

  • 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.

  • On or after October 21, 2017, until October 21, 2018, lenders holding the Extended Bridge Loans may make a proposal for an offering of new securities ("Refinancing Securities") which Refinancing Securities may carry a weighted average effective yield that is up to 150 basis points greater than 11.5%.

  • Neither Borrower nor any of the Guarantors shall, directly or indirectly, Incur any Indebtedness (other than the Notes, the Exchange Notes, the Required Refinancing Securities and the Guarantees, as the case may be) that by its terms (or by the terms of any agreement governing such Indebtedness) would expressly rank senior in right of payment to the Loans, Notes and Guarantees and expressly rank subordinate in right of payment to any Senior Indebtedness.

  • To the extent that Warrants are required in connection with the sale of the Refinancing Securities or any other Securities other than the Bridge Notes, Warrants may be removed from escrow by NationsBridge, for delivery through NCMI to the purchasers of such Securities.

  • Any request for a Term Loan Commitment Increase for the purpose of making the Bond Interest Payment shall be made on or before February 12, 2002, and shall include irrevocable instructions to the Administrative Agent to disburse the proceeds of the requested Term Loan Commitment Increase on behalf of the Borrower directly to the trustee for the Refinancing Securities to fund the Bond Interest Payment.


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.
Refinancing Securities means the notes, instruments, and securities evidencing the Refinancing Indebtedness and the Permitted Preferred Stock.
Refinancing Securities as defined in Section 5.9.
Refinancing Securities means any notes, stock, debentures or debt securities issued by New Finco2 for the purposes of refinancing its Indebtedness under the Bridge Credit Agreement (or, on or prior to the Closing Date, its undrawn commitments thereunder).