Examples of Senior Note Redemption in a sentence
Receipt by the Administrative Agent of satisfactory evidence that upon giving effect to the initial Borrowing of the Term Loan, funds shall have been deposited with the trustee(s) under the Existing Senior Note Indentures in an aggregate amount necessary to consummate the Existing Senior Note Redemption within five (5) Business Days following such Borrowing.
The Existing Senior Note Redemption shall not have occurred within five (5) Business Days following the initial Borrowing of the Term Loan.
Subject to the terms and conditions set forth herein, each Lender severally agrees to make its portion of a term loan (the “Term Loan”) to the Borrower in Dollars on the Business Day that is one (1) day prior to the Existing Senior Note Redemption in an amount not to exceed such Lender’s Term Loan Commitment.
Use the proceeds of the Credit Extensions (a) to finance working capital, capital expenditures and other lawful corporate purposes, and (b) to refinance certain existing Indebtedness, provided that (i) the proceeds of the Term Loan shall only be used to consummate the Existing Senior Note Redemption and (ii) in no event shall the proceeds of the Credit Extensions be used in contravention of any Law or of any Loan Document.
This note is also subject to mandatory redemption at a redemption price equal to the principal amount thereof plus accrued interest on any Interest Payment Date when excess revenue moneys are deposited in the Senior Note Redemption Account from the Revenue Fund.
This note is subject to mandatory redemption by the Issuer, in whole or in part, on any Interest Payment Date from certain moneys in the Senior Note Redemption Account of the Note Redemption Fund created pursuant to the Indenture at a redemption price equal to the principal amount thereof plus accrued interest to the redemption date.
After the 2009 Senior Note Redemption, the Person serving as Collateral Agent hereunder shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not the Collateral Agent and the term “Lender”, or “Lenders” shall, unless otherwise expressly indicated or unless the context otherwise requires, include the Person serving as the Collateral Agent hereunder in its individual capacity.
This Waiver shall not be construed to permit any redemption of the Senior Notes other than the Senior Note Redemption or as a waiver of any other provisions of the Loan Documents.
This note is also subject to mandatory redemption at a redemption price equal to the principal amount thereof plus accrued interest on any Interest Payment Date subsequent to April 1, 1999 when excess revenue moneys are deposited in the Senior Note Redemption Account from the Revenue Fund.
On any day after a Transfer Date that the amount in the Reserve Fund exceeds the Reserve Fund Requirement for any reason, the Trustee shall transfer the excess to the Senior Note Redemption Account of the Note Redemption Fund until all Senior Notes have been paid in full and then to the Subordinate Note Redemption Account of the Note Redemption Fund.