Senior Note Offering definition
Examples of Senior Note Offering in a sentence
The Equity Offerings, the Senior Note Offering, the March 2003 Securitization, the amendment and restatement of this Agreement and the repayment of loans and replacement of commitments under the Original Credit Agreement shall be collectively referred to herein as the "Recapitalization".
The material terms and conditions of the 2003 Senior Notes and the provisions of the indenture and other agreements and documents executed and delivered in connection with the Senior Note Offering shall be reasonably satisfactory to the Initial Lenders, each of whom shall have received copies of all such documents, certified by a Financial Officer as being complete and correct in all material respects.
Upon completion of the Senior Note Offering, the Company shall repay, in full, including accrued interest thereon, the APU Note.
The Senior Notes shall have been issued and purchased by the initial holder(s) thereof as contemplated in the Senior Note Offering Memorandum.
To the extent that an underwriting or purchase agreement is entered into in respect of the Senior Note Offering, the commitments hereunder shall be terminated on the date of purchase of Senior Notes thereunder in an amount equal to the expected aggregate gross proceeds from the Senior Notes covered thereby, first, in respect of the Interim Loan, and second, in respect of the Senior Secured Credit Facilities in amounts among the tranches thereof as determined by us in consultation with you.
The Senior Note Offering shall have been modified by written instrument (the "SENIOR NOTE AMENDMENT") in form and substance reasonably satisfactory to the Agent and Required Lenders to effect a modification of the terms and conditions thereof such that the same are no more burdensome on the Borrowers than the corresponding provisions of the Credit Agreement after giving effect to the modifications contemplated by this Amendment.
The proceeds of the Term Loans and the Revolving Loans made on the Restatement Effective Date will be used, together with the proceeds of the Equity Offerings, the March 2003 Securitization and the Senior Note Offering, (i) to repay all amounts due or outstanding under the Original Credit Agreement on the Restatement Effective Date and (ii) to pay fees and expenses incurred in connection with the Transactions.
The Senior Note Offering shall have been modified by written instrument (the "SENIOR NOTE AMENDMENT") in form and substance reasonably satisfactory to the Agent and Required Lenders to effect a waiver and modification of the terms and conditions thereof such that the same are no more burdensome on the Borrowers than the corresponding provisions of the Credit Agreement after giving effect to the modifications contemplated by this Amendment.
The Borrower shall apply the proceeds of the Term Loans to defease the Existing Senior Notes and reduce existing Indebtedness under the Revolving Credit Facility and to pay the costs and expenses associated with this transaction and the 1997 Senior Note Offering.
The Company shall have consummated the ---------------------- Senior Facility and the Senior Note Offering pursuant to the terms and conditions of the Commitment Letters and consummated the equity financing pursuant to the terms and conditions of the Equity Commitment Letter.