Examples of Senior Note Agreement in a sentence
Guarantor confirms that each other representation and warranty contained in the Credit Agreement or in the Senior Note Agreement, as any such representation and warranty relates to Guarantor, is true and correct in all material respects.
The Borrower will not permit Priority Indebtedness (as defined in the Senior Note Agreement) at any time to exceed 25% of Consolidated Net Worth (as defined in the Senior Note Agreement).
The proceeds of this facility are available for the Company's working capital needs and to fund its future annual installments due under the Senior Note Agreement.
On the Effective Date, without the need for any further corporate action or action by the holders of Claims and Equity Interests, Reorganized ANI will enter into the New Senior Note Agreement in substantially the form set forth in the Plan Supplement and will issue the New Tranche A Senior Notes.
Further, the Parent and the Borrower shall not, and shall not permit any other Loan Party or any other Subsidiary to grant a Negative Pledge (other than a Negative Pledge in the Senior Note Agreement that is substantially identical to this sentence) in the Equity Interests of any Excluded Issuer from and after June 30, 2020 to and including the Security Release Date.