Examples of Secured Notes in a sentence
Each party to this Indenture (as defined below) agrees as follows for the benefit of the other party and for the equal and ratable benefit of the Holders (as defined below) of the Company’s 9.0% Convertible Second Lien Senior Secured Notes due 2030 (the “Series 1 Notes”) and 11.5% Convertible Second Lien Senior Secured Notes due 2030 (the “Series 2 Notes” and, together with the Series 1 Notes, the “Notes”).
The aggregate principal amount of the 2029 Secured Notes that may be authenticated and delivered and Outstanding under the Indenture is not limited.
The 2029 Secured Notes will be redeemable, at the Company’s option, at any time prior to maturity in accordance with the provisions of this Section 6.
Additional Notes issued in this manner will be consolidated with, and will form a single series with, the 2029 Secured Notes (any such Additional Notes, “Additional 2029 Secured Notes”), unless otherwise specified for Additional Notes in an applicable Notes Supplemental Indenture, or otherwise designated by the Company, as contemplated by Section 301 of the Indenture.
The aggregate principal amount of the 2029 Secured Notes shall initially be $500.0 million.