Senior Indebtedness Agreement definition
Senior Indebtedness Agreement means any agreement, instrument or indenture governing senior unsecured Indebtedness of the Borrower (“Senior Indebtedness”), including without limitation the Note Purchase Agreement, dated as of December 1, 2001, as thereafter amended (the “Note Purchase Agreement”), between the Borrower and the Noteholders named therein pertaining to the $90,000,000, 6.63% Senior Notes of the Borrower due December 1, 2011.
Senior Indebtedness Agreement means any agreement under which the Borrower issues notes or incurs obligations for Interest-bearing Debt, which notes and Interest-bearing Debt are senior obligations of the Borrower, pari passu with the Loans and Notes, and shall include (a) the Note Purchase Agreement, dated as of December 1, 2001, as thereafter amended, between the Borrower and the Noteholders named therein pertaining to the $90,000,000, 6.63% Senior Notes of the ▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇ ▇, ▇▇▇▇, (▇) the Note Purchase Agreement, dated as of February 23, 2007, as thereafter amended, between the Borrower and the Noteholders named therein pertaining to the $50,000,000, 5.778% Senior Notes of the Borrower due November 30, 2017, and (c) the Note Purchase Agreement, dated as of August 20, 2007, as thereafter amended, between the Borrower and the Noteholders named therein pertaining to (i) the $33,000,000, 5.95% Senior Unsecured Notes, Series A, due 2017, (ii) the $30,000,000, 6.15% Senior unsecured Notes, Series B, due 2022, (iii) the $42,000,000, 6.37% Senior Unsecured notes, Series C, due 2027, and (iv) the $50,000,000, 6.47% Senior Unsecured Notes, Series D, due 2037.
Senior Indebtedness Agreement means that certain agreement evidencing Indebtedness of the Company set forth on Exhibit F of the Securities Purchase Agreement, as such agreement may be amended, amended and restated, or otherwise modified; provided such amendment, amendment and restatement, or modification shall not (i) amend the maturity to a date earlier than the Senior Indebtedness Maturity Date or (ii) otherwise have, in the reasonable determination of the Holder, an adverse effect on such Holder.
Examples of Senior Indebtedness Agreement in a sentence
So long as any Senior Indebtedness Agreement remains in effect, neither Maker nor the Subordinated Lender shall enter into any amendment, waiver or modification of the Subordinated Lending Agreements, without the prior written consent of the Senior Representatives.
Nothing contained herein shall be deemed to require any Senior Lender to exercise any right of set-off or any other remedy against any Company, whether arising under any Senior Indebtedness Agreement or otherwise.
Company shall promptly provide Holder with copies of any revisions to the financial covenants set forth in the Specified Senior Indebtedness Agreement (including related definitions) that may be made from time to time.
Company will comply with each of the ------------------- financial covenants set forth in the Specified Senior Indebtedness Agreement, as and when required by the terms thereof.
Company will provide to Holder a compliance certificate, certified by its Chief Executive Officer or Chief Financial Officer, certifying whether or not Company is in compliance with such financial covenants and including reasonable calculations as to such compliance, at such times as the same is required to be delivered to the Senior Lender under and when required by the Specified Senior Indebtedness Agreement (but not less frequently than each calendar quarter).
More Definitions of Senior Indebtedness Agreement
Senior Indebtedness Agreement means any agreement under which the Borrower issues notes or incurs obligations for Interest-bearing Debt, which notes and Interest-bearing Debt are senior obligations of the Borrower, pari passu with the Loans and Notes, and shall include (a) the Note Purchase Agreement, dated as of August 20, 2007, as thereafter amended, between the Borrower and the Noteholders named therein pertaining to (i) the $42,000,000, 6.37% Senior Unsecured Notes, Series C, due 2027 and (ii) the $50,000,000, 6.47% Senior Unsecured Notes, Series D, due 2037; (b) the Note Purchase Agreement, dated as of August 14, 2013, as thereafter amended, between the Borrower and the Noteholders named therein pertaining to (i) the $60,000,000, 4.68% Senior Unsecured Notes, Series A, due February 27, 2029 and (ii) the $90,000,000, 5.47% Senior Unsecured Notes, Series B, due February 27, 2044; (c) the Note Purchase Agreement, dated as of November 14, 2017, as thereafter amended, between the Borrower and the Noteholders named therein pertaining to the $100,000,000, 4.07% Series 2018A Unsecured Notes, due February 7, 2048; (d) the Note Purchase Agreement, dated as of September 12, 2019, as thereafter amended, between the Borrower and the Noteholders named therein pertaining to (i) the $10,000,000, 3.07% Series 2019A Senior Unsecured Notes, due October 10, 2029, (ii) the $26,000,000, 3.52% Series 2019B Senior Unsecured Notes, due October 10, 2039, (iii) the $64,000,000, 3.82% Series 2019C Senior Unsecured Notes, due October 10, 2049, (iv) the $10,000,000, 3.22% Series 2020A Senior Unsecured Notes, due February 25, 2030, (v) the $40,000,000, 3.22% Series 2020B Senior Unsecured Notes, due August 20, 2030, (vi) the $10,000,000, 3.62% Series 2020C Senior Unsecured Notes, due February 25, 2040, and (vii) the $15,000,000, 3.92% Series 2020D Senior Unsecured Notes, due February 25, 2050; (e) the Note Purchase Agreement, dated as of June 10, 2021, as thereafter amended, between the Borrower and the Noteholders named therein pertaining to (i) the $40,000,000, 2.74% Series 2021A Senior Unsecured Notes, due November 29, 2031, (ii) the $100,000,000, 3.69% Series 2021B Senior Unsecured Notes, due November 29, 2051, and (iii) the $90,000,000, 3.77% Series 2022A Senior Unsecured Notes, due May 20, 2052; and (f) the Note Purchase Agreement, dated March 28, 2024, as thereafter amended, between the Borrower and the Noteholders named therein pertaining to (i) the $60,000,000, 5.48% Series 2024A Senior Unsecured Notes,...
Senior Indebtedness Agreement means any agreement under which the Borrower issues notes or incurs obligations for Interest-bearing Debt, which notes and Interest-bearing Debt are senior obligations of the Borrower, pari passu with the Loans and any Note, and shall include (a) the Note Purchase Agreement, dated as of December 1, 2001, between the Borrower and the Noteholders named therein pertaining to the $90,000,000, 6.63% Senior Notes of the ▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇ ▇, ▇▇▇▇, (▇) prior to the Permitted Reorganization only, the Note Purchase Agreement, dated as of February 23, 2007, between the Borrower and the Noteholders named therein pertaining to the $50,000,000, 5.778% Senior Notes of the Borrower due November 30, 2017, and (c) the Note Purchase Agreement, dated as of August 20, 2007, between the Borrower and the Noteholders named therein pertaining to (i) the $33,000,000, 5.95% Senior Unsecured Notes, Series A, due 2017, (ii) the $30,000,000, 6.15% Senior unsecured Notes, Series B, due 2022, (iii) the $42,000,000, 6.37% Senior Unsecured Notes, Series C, due 2027, and (iv) the $50,000,000, 6.47% Senior Unsecured Notes, Series D, due 2037.
Senior Indebtedness Agreement means any agreement under which the Borrower issues notes or incurs obligations for Interest-bearing Debt, which notes and Interest-bearing Debt are senior obligations of the Borrower, pari passu with the Loan and Note, and shall include (a) the Note Purchase Agreement dated as of July 29, 2011, as thereafter amended, between the Borrower and the Noteholders named therein pertaining to the $140,000,000, 4.6% notes due December 20, 2021, (b) the Note Purchase Agreement, dated as of August 20, 2007, as thereafter amended, between the Borrower and the Noteholders named therein pertaining to (i) the $33,000,000, 5.95% Senior Unsecured Notes, Series A, due 2017, (ii) the $30,000,000, 6.15% Senior Unsecured Notes, Series B, due 2022, (iii) the $42,000,000, 6.37% Senior Unsecured Notes, Series C, due 2027, and (iv) the $50,000,000, 6.47% Senior Unsecured Notes, Series D, due 2037 and (c) the Second Amended and Restated Credit Agreement dated as of October 29, 2012, as thereafter amended, among the Borrower, the financial institutions parties thereto from time to time, and U.S. Bank National Association, as administrative agent thereunder, pertaining to the $170,000,000 revolving loan facility.
Senior Indebtedness Agreement means any agreement under which the Borrower issues notes or incurs obligations for Interest-bearing Debt, which notes and Interest-bearing Debt are senior obligations of the Borrower, pari passu with the Loans and Notes, and shall include (a) the Note Purchase Agreement, dated as of December 1, 2001, as thereafter amended, between the Borrower and the Noteholders named therein pertaining to the $90,000,000, 6.63% Senior Notes of the Borrower due December 1, 2011, and (b) the Note Purchase Agreement, dated as of August 20, 2007, as thereafter amended, between the Borrower and the Noteholders named therein pertaining to (i) the $33,000,000, 5.95% Senior Unsecured Notes, Series A, due 2017, (ii) the $30,000,000, 6.15% Senior unsecured Notes, Series B, due 2022, (iii) the $42,000,000, 6.37% Senior Unsecured notes, Series C, due 2027, and (iv) the $50,000,000, 6.47% Senior Unsecured Notes, Series D, due 2037.
Senior Indebtedness Agreement means any agreement under which New OTC issues notes or incurs obligations for Interest-bearing Debt, which notes and Interest-bearing Debt are senior obligations of New OTC, pari passu with the Loans and Notes, and shall include (a) the Note Purchase Agreement, dated as of December 1, 2001, as thereafter amended, between the Parent and the Noteholders named therein (and assumed by New OTC as of the Permitted Reorganization Effective Date) pertaining to the $90,000,000, 6.63% Senior Notes due December 1, 2011, and (b) the Note Purchase Agreement, dated as of February 23, 2007, as thereafter amended, between the Parent and Cascade Investment L.L.C. (and assumed by New OTC as of the Permitted Reorganization Effective Date) pertaining to the $50,000,000, 5.778% Senior Notes due November 30, 2017. “Senior Indebtedness Prepayment Event” means the (a) occurrence of any event under any Senior Indebtedness Agreement that would require New OTC to prepay, or offer to prepay, any Senior Indebtedness prior to its stated maturity, (b) occurrence of any event under any Senior Indebtedness Agreement that would give the holder of Senior Indebtedness any right to put such Senior Indebtedness to New OTC or require New OTC to repurchase or redeem such Senior Indebtedness in each case prior to its stated maturity, or (c) voluntary offer by New OTC to prepay or purchase Senior Indebtedness prior to its stated maturity to remain in compliance with any covenant or agreement of a Senior Indebtedness Agreement, but not any other voluntary offer by New OTC to prepay or purchase Senior Indebtedness prior to its stated maturity. Senior Indebtedness Prepayment Events shall include, without limitation, any Transfer of Utility Assets Put Event or Debt Prepayment Application, as defined in the Senior Indebtedness Agreements (or any Senior Indebtedness Agreement).
Senior Indebtedness Agreement means the Senior Discount Note Indenture or any other agreement concerning the funding of Senior Indebtedness, as the same may be amended, restated, extended, renewed, substituted, refinanced, refunded, replaced or otherwise modified from time to time, whether or not by or among the initial parties thereto, and includes any agreement (a) extending the maturity of all or any portion of the indebtedness, obligations and
Senior Indebtedness Agreement means the Senior Discount Note Indenture or any other agreement concerning the funding of Senior Indebtedness, as the same may be amended, restated, extended, renewed, substituted, refinanced, refunded, replaced or otherwise modified from time to time, whether or not by or among the initial parties thereto, and includes any agreement (a) extending the maturity of all or any portion of the indebtedness, obligations and liabilities of the Company incurred thereunder and (b) increasing the amount of indebtedness, obligations and liabilities to be incurred thereunder.