Senior Priority Notes definition

Senior Priority Notes means the 10.375% Senior Priority Notes due 2028 and issued by Carnival Holdings (Bermuda) Limited, a subsidiary of the Company.

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Senior Priority Notes means the Restricted Parent Guarantor’s $350 million aggregate principal amount of [·]% senior secured notes due 2019.

Examples of Senior Priority Notes in a sentence

The Issuer has duly authorized the execution and delivery of this Indenture to provide for the issuance of its $2,030,000,000 aggregate principal amount of 10.375% Senior Priority Notes due 2028 issued on the date hereof (the “Original Notes”) and any additional senior priority notes (the “Additional Notes”) that may be issued after the Issue Date in compliance with this Indenture.
The Notes will be guaranteed on the Issue Date on a senior secured basis by the Restricted Parent Guarantor and each existing and future Wholly—Owned Restricted Subsidiary that Guarantees the Issuer’s obligations under either of the Credit Agreements or the Senior Priority Notes (each a “Secured Note Guarantee”) and on a senior unsecured basis by each Holdings Entity (each an “Unsecured Note Guarantee,” and together with the Secured Note Guarantee, the “Note Guarantees”).
This Agreement may be amended in writing signed by the applicable Senior Priority Agent and Junior Priority Agent (in each case, acting in accordance with Senior Priority Notes Indenture, the Junior Priority Notes Indenture or any other Senior Priority Document or Junior Priority Document, as applicable) and the Company.
The Senior Priority Notes will be issued pursuant to an indenture (the “Senior Priority Indenture”), to be dated as of the Closing Date (as defined below), among the Company, the Guarantors (as defined below) and W▇▇▇▇ Fargo Bank, National Association, as trustee (the “Senior Trustee”).
With respect to all discretionary matters of the Senior Priority Agent and the Junior Priority Agent under the ABL Intercreditor Agreement, the determination of the Senior Priority Agent shall control, and the Senior Priority Agent shall be the Notes Collateral Agent under the ABL Intercreditor Agreement for so long as Obligations are outstanding under the Senior Priority Notes Indenture.
With respect to the Grantors, for purposes hereof, the addresses of the Grantors shall be as set forth in the Senior Priority Notes Indenture and Junior Priority Notes Indenture, as applicable.
Customer has entered into a letter agreement pursuant to which the other party thereto has, subject to the terms and conditions thereof, committed to cause the tender into an exchange offer made to holders of Senior Notes of approximately $21.0 million of Senior Notes for which it holds investment discretion for the same principal amount of new 13.5% Senior Priority Notes due 2009 (the “Exchange Offer”).

More Definitions of Senior Priority Notes

Senior Priority Notes means the Company’s 6.000% Senior Priority Secured Notes due 2019 issued on June 26, 2014 in an original aggregate principal amount equal to $540 million.

Senior Priority Notes means (a) the initial $540,000,000 in aggregate principal amount of 6.000% Senior Priority Secured Notes due 2019 issued by the Borrower pursuant to the Senior Priority Indenture and (b) any additional notes issued under the Senior Priority Indenture by the Borrower, to the extent permitted by the Senior Priority Indenture, the Junior Priority Indenture, the 2016 Secured Notes Purchase Agreement and the Revolving Credit Agreement, in each case, including, for the avoidance of doubt, any Indebtedness incurred or issued by the Borrower that Refinances any of the foregoing. “Senior Priority Notes Holders” means the “Holders” as defined in the Senior Priority Indenture and any holders of Additional Pari Passu Senior Priority Fixed Asset Obligations. “Senior Priority Notes Obligations” means all “Obligations” (as such term is defined in the Senior Priority Indenture) of the Borrower and the Guarantors in respect of the Senior Priority Notes, the Guarantees (as such term is defined in the Senior Priority Indenture), the Senior Priority Indenture and the Security Documents (as such term is defined in the Senior Priority Indenture). “Senior Priority Notes Obligations” shall include all Post-Petition Interest with respect to the Senior Priority Indenture, the Senior Priority Notes or the Guarantees (as such term is defined in the Junior Priority Indenture). “Senior Priority Obligations” means the Revolving Credit Obligations, the 2016 Secured Notes Obligations and the Senior Priority Fixed Asset Obligations. “Senior Priority Trustee” has the meaning assigned to that term in the recitals of this Agreement. “UCC” means the Uniform Commercial Code as from time to time in effect in the State of New York; provided, however, that, in the event that, by reason of mandatory provisions of law, any -13- of the attachment, perfection or priority of any Collateral Agent’s or any secured party’s security interest in any Collateral is governed by the Uniform Commercial Code as in effect from time to time in a jurisdiction other than the State of New York, the term “UCC” shall mean the Uniform Commercial Code as in effect in such other jurisdiction for purposes of the provisions hereof relating to such attachment, perfection or priority and for purposes of definitions related to such provisions.