Secured Notes Tender Offer definition

Secured Notes Tender Offer means a cash tender offer by Holdings for its outstanding Prepetition Senior Secured Notes; provided, that (x) such tender shall be made at par (plus pre- and post-petition accrued interest to the settlement date on the amount purchased (the “Purchased Amount”) and any other accrued amounts with respect to the Purchased Amount, but excluding any payment of make-whole or other premiums (the amounts described in this parenthetical, the “Additional Amounts”)), (y) the principal amount of Prepetition Senior Secured Notes that shall be tendered for (and that Holdings shall accept for payment) shall be equal to $75,000,000 minus the Additional Amounts, and (z) such tender offer shall be made pursuant to a customary offer to purchase made to all Prepetition Senior Secured Noteholders through the facilities of the Depository Trust Company and held open for at least 20 Business Days with settlement promptly following the final expiration date.
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Secured Notes Tender Offer means a cash tender offer by Holdings for its outstanding Prepetition Senior Secured Notes; provided, that(x) such tender shall be made at par (plus pre- and post-petition accrued interest to the settlement date on the amount purchased (the “Purchased Amount”) and any other accrued amounts with respect to the Purchased Amount, but excluding any payment of make-whole or other premiums (the amounts described in this parenthetical, the “Additional Amounts”)), (y) the principal amount of Prepetition Senior Secured Notes that shall be tendered for (and that Holdings shall accept for payment) shall be equal to $75,000,000 m inus the Additional Amounts, and (z) such tender offer shall be made pursuant to a customary offer to purchase made to all Prepetition Senior Secured Noteholders through the facilities of the Depository Trust Company and held open for at least 20 Business Days with settlement promptly following the final expiration date.
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Examples of Secured Notes Tender Offer in a sentence

  • PF-3 4 (h) To record the income tax effects of the Lobo Sale and of expenses related to the Senior Secured Notes Tender Offer and to reclassify $22.0 million of deferred taxes to deferred tax assets.

  • At the time of consummation thereof, the Existing Senior Secured Notes Tender Offer and the Existing Senior Secured Notes Consent Solicitation shall have been consummated in accordance with the terms of the respective Documents therefor (subject to any waivers permitted under Section 4.08) and all applicable laws.

  • Secured Notes Tender Offer 112 ARTICLE XI GUARANTEE Section 11.1. Guarantee 112 Section 11.2. Obligations Not Waived 113 Section 11.3. Security 113 Section 11.4. Guarantee of Payment 113 Section 11.5. No Discharge or Diminishment of Guarantee 113 Section 11.6. Defenses Waived 114 Section 11.7. Agreement to Pay; Subordination 114 Section 11.8. General Limitation on Guarantee Obligations 115 Section 11.9. Information 115 Section 11.10.

  • Each Ad Hoc Secured Lender will use commercially reasonable efforts to effectuate the consummation of the Secured Notes Tender Offer, including, without limitation, instructing its participant account(s) at the Depository Trust Company to tender its Prepetition Senior Secured Notes to the tender agent in accordance with the procedures set forth in the related offer documents in exchange for the payment described herein and in the documentation relating thereto.

  • On the Initial Borrowing Date and concurrently with the Credit Events then occurring, the U.S. Borrower shall have repurchased all Existing Senior Secured Notes tendered, and not theretofore withdrawn, pursuant to the Existing Senior Secured Notes Tender Offer/Consent Solicitation (the "Existing Senior Secured Notes Tender Offer Repurchases") and, after giving effect thereto, not more than $30 million aggregate principal amount of Existing Senior Secured Notes shall remain outstanding.

  • None of the SEC Reports, the tender offer materials used in connection with the 2002 Discount Notes Tender Offer, the Senior Secured Notes Tender Offer, or the Offering Memorandum used in connection with the Private Placement contains any untrue statement of a material fact or omits to state any material fact required to be stated therein or necessary in order to make the statements therein, in light of the circumstances under which they were made, not misleading.

  • All terms and conditions of the Existing Senior Secured Notes Tender Offer shall be in substantial conformity with the Existing Senior Secured Notes Tender Offer Documents dated November 13, 1997 and the Existing Senior Secured Notes Tender Offer shall be effected in compliance with the Existing Senior Secured Notes Tender Offer Documents (except to the extent waived as described above) and all applicable laws (including, without limitation, Federal and state securities laws).

  • The proceeds of the Term Loans shall be used solely in accordance with the Semi-Annual Cash Flow Forecast to (a) provide working capital to the Borrower and its Subsidiaries and fund the costs of the administration of the Cases and the consummation of the Approved Reorganization, (b) to finance the Secured Notes Tender Offer and to pay fees and expenses associated therewith (excluding any payment of make-whole or other premiums) and (c) as otherwise agreed to in writing by the Required Lenders.

Related to Secured Notes Tender Offer

  • First Lien Notes means the 8.000% first lien secured notes due April 1, 2027, issued by Frontier pursuant to the First Lien Notes Indenture.

  • Senior Secured Notes means the $1,875 million aggregate principal amount of 7.375% Senior Secured Notes due 2023 of the Borrower including, as the same may be amended, supplemented, waived or otherwise modified from time to time, including any senior secured exchange notes issued in lieu thereof.

  • Second Lien Notes has the meaning set forth in the recitals hereto.

  • Existing Unsecured Notes the Borrower’s 11.5% Senior Notes due 2018, issued pursuant to the Existing Unsecured Indenture, outstanding on the Closing Date or subsequently issued in exchange for or in respect of any such notes.

  • Senior Secured Note Indenture means the Indenture dated as of November 5, 2009, among the Issuers, the Note Guarantors (as defined therein) and The Bank of New York Mellon, as trustee, principal paying agent, transfer agent and registrar, as amended, extended, restructured, renewed, refunded, novated, supplemented, restated, replaced or modified from time to time;

  • Secured Notes The Class A Notes, the Class B Notes, the Class C Notes and the Class D Notes.

  • Senior Secured Notes Trustee means U.S. Bank Trust Company, National Association, as successor in interest to U.S. Bank National Association, as trustee under the Senior Secured Notes Indenture.

  • Second Lien Notes Trustee “Second Lien Noteholder”, “High Yield Agent”, “HY Borrower”, “High Yield Creditor”, “High Yield Lender”, “Unsecured Agent”, “Unsecured Borrower”, “Unsecured Creditor”, “Unsecured Lender”, “Security Agent”, “Security Grantor”, “Senior Agent”, “Senior Arranger”, “Senior Borrower”, “Senior Creditor”, “Senior Guarantor”, “Senior Lender”, “Senior Secured Notes Guarantor”, “Senior Secured Notes Issuer”, “Senior Secured Notes Trustee”, “Senior Secured Noteholder”, “Subordinated Creditor”, “Permitted Affiliate Parent” or the “Company” shall be construed to be a reference to it in its capacity as such and not in any other capacity;

  • Unsecured Notes means the Borrower’s $700,000,000 10.75% Senior Notes due 2023 issued pursuant to the Unsecured Notes Indenture dated as of July 31, 2015.

  • Existing Senior Secured Notes means the Borrower’s $800,000,000 8.500% Senior Secured Notes due 2019, issued pursuant to the Existing Senior Secured Notes Indenture.

  • New Secured Notes means the $550 million of first lien secured notes to be issued by New Valaris Holdco comprising (i) the Rights Offering New Secured Notes to be issued in the Rights Offering on the terms set forth in the New Secured Notes Term Sheet attached as Exhibit 2 to the Restructuring Term Sheet and the Rights Offering Procedures, (ii) the Holdback Notes to be issued on the terms set forth in the Backstop Agreement,

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.

  • Senior Secured Notes Documents means the Senior Secured Notes Indenture, the Senior Secured Notes Guarantees, the Senior Secured Notes, the Intercreditor Arrangements, any supplemental indenture, any security document relating to the Senior Secured Notes and/or the Senior Secured Notes Indenture and any other document that may be entered into pursuant to any of the foregoing.

  • Senior Secured Notes Indenture means the indenture, dated as of the Closing Date, among the Borrower, as issuer, the guarantors party thereto and the trustee referred to therein pursuant to which the Senior Secured Notes are issued, as such indenture may be amended or supplemented from time to time.

  • First Lien Notes Indenture means that certain Indenture, dated as of March 15, 2019, by and among Frontier, as issuer, the subsidiary guarantors party thereto, JPMorgan Chase Bank, N.A., as collateral agent, and The Bank of New York Mellon, as trustee, as amended, supplemented, or modified from time to time.

  • Senior Unsecured Notes means $2,000,000,000 in aggregate principal amount of the Borrower’s 9.000% senior notes due 2025 issued pursuant to the Senior Unsecured Notes Indenture on the Closing Date.

  • Senior Unsecured Notes Indenture means the Indenture dated as of July 20, 2011 among Xxxxx Fargo Bank, National Association, as trustee, the Borrower, as issuer, and the guarantors party thereto, as the same may be amended or supplemented from time to time.

  • Second Lien Notes Indenture has the meaning set forth in the recitals hereto.

  • Subordinated Note Indenture means the Indenture dated as of the Closing Date, among the Borrower, the guarantors party thereto and The Bank of New York, as trustee, pursuant to which the Subordinated Notes are issued, as the same may be amended, supplemented or otherwise modified from time to time to the extent permitted by Section 10.7(b).

  • Unsecured Notes Indenture means the indenture, dated as of July 31, 2015, by and among the Borrower and Wilmington Trust, National Association, as trustee.

  • Secured Notes Indenture means the Indenture, dated as of May 29, 2013, among the Borrower, the subsidiary guarantors party thereto from time to time and Wilmington Trust, National Association, as trustee, governing the Secured Notes, as the same may be amended, supplemented, waived or otherwise modified from time to time.

  • Subordinated Notes Indenture means that certain Subordinated Debenture Indenture between DH (f/k/a NGC Corporation) and First National Bank of Chicago, as Debenture Trustee, dated as of May 28, 1997 (as amended, restated and supplemented through the Petition Date).

  • Second Lien Notes Documents means the Second Lien Notes Indenture, the Second Lien Notes and all other agreements, instruments and other documents pursuant to which the Second Lien Notes have been or will be issued or otherwise setting forth the terms of the Second Lien Notes.

  • Senior Subordinated Notes Indenture means the Indenture, dated as of July 17, 2012, under which the Senior Subordinated Notes were issued, among the Borrower and the Restricted Subsidiaries party thereto and the trustee named therein from time to time, as in effect on the Closing Date and as amended, restated, supplemented or otherwise modified from time to time in accordance with the requirements thereof and of this Agreement.

  • Existing Secured Notes means the previously issued debt securities of the Issuers outstanding on the date hereof.

  • 2014 Notes means (i) the 4.850% Senior Secured Notes due 2024 issued by the Issuer on March 18, 2014 and (ii) the 4.45% Senior Secured Notes due 2025 and the 5.45% Senior Secured Notes due 2034 issued by the Issuer on August 21, 2014.