Senior Subordinated Note Obligations definition

Senior Subordinated Note Obligations means any principal of, premium, if any, and interest on, and any other amounts (including, without limitation, any payment obligations with respect to the Securities as a result of any Asset Sale, Change of Control or redemption) owing in respect of, the Securities payable pursuant to the terms of the Securities or the Indenture or upon acceleration of the Securities.
Sample 1Sample 2
Senior Subordinated Note Obligations means the aggregate unpaid face amount or principal of and premium, if any, on, and unpaid interest accrued and to accrue up to the repayment date, if any, on, the Senior Subordinated Notes and the obligations of the Issuer, or as the case may be, the Issuer and the Co-Issuer, to any Term Note Agent in respect of reimbursement obligations for advances made by such agents on behalf of the Issuer and/or Co-Issuer in respect of maturing Senior Subordinated Notes provided for in the Term Note
Sample 1Sample 2
Senior Subordinated Note Obligations means (i) any principal of, premium, if any, and interest on, and any other amounts owing in respect of, the Notes payable pursuant to the terms of the Notes or this Indenture or upon acceleration of the Notes, including, without limitation, amounts received upon the exercise of rights of rescission or other rights of action (including claims for damages) or otherwise, to the extent relating to the purchase price of the Notes or amounts corresponding to such principal of, premium, if any, interest, or other amounts owing with respect to, the Notes and (ii) in the case of any Note Guarantor, any obligations with respect to the foregoing or otherwise under its Note Guarantee.
Sample 1Sample 2

Examples of Senior Subordinated Note Obligations in a sentence

  • This Note Guarantee shall be a continuing guarantee of payment, performance and compliance when due (and not a guarantee of collection) in respect of all Senior Subordinated Note Obligations and shall remain in full force and effect until the payment in full of all Senior Subordinated Note Obligations.

  • The failure to make a payment on account of any Senior Subordinated Note Obligations by reason of any provision of this Article Fourteen shall not be construed as preventing the occurrence of a Default or an Event of Default hereunder.

  • If any of the Senior Subordinated Note Obligations are revived and reinstated after the termination of this Note Guarantee, then all of the obligations of Holding under this Note Guarantee shall be revived and reinstated as if this Note Guarantee had not been terminated until such time as the Senior Subordinated Note Obligations are paid in full, and Holding shall enter into an amendment to this Note Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement.

  • The failure to make a payment on account of any Senior Subordinated Note Obligations by reason of any provision of this Article XIV shall not be construed as preventing the occurrence of a Default or an Event of Default hereunder.

  • Each such holder of Senior Subordinated Note Obligations or Credit Agreement Obligations is intended to be, and is, a third party beneficiary of this Subordination provision.

  • Subordinated Notes to Amend Senior Subordinated Loan Agreement and Discontinue Senior Subordinated Note Obligations.

  • The failure to make a payment on account of any Senior Subordinated Note Obligations by reason of any pro- vision of this Article Eleven shall not be construed as preventing the occurrence of a Default or an Event of Default hereunder.

  • All Senior Subordinated Note Obligations and all Credit Agreement Obligations shall first be fully and indefeasibly paid in cash and in full and all commitments to lend under the Credit Agreement shall have been permanently extinguished at least 91 days before any payment, whether in cash, securities or other property, may be made, accepted or received on account of the Subordinated Amount.

  • If the Company issues any additional Note or Warrant pursuant to this Section 19.4(a), such delivery shall be deemed to constitute a representation of the Company to the holders of Senior Subordinated Note Obligations and the Permitted Holders that such issuance is not prohibited under this Article XIX.

  • All Senior Subordinated Note Obligations shall be entitled to the benefits of this Article XIX without notice thereof being given to any holder of Subordinated Indebtedness.


More Definitions of Senior Subordinated Note Obligations

Senior Subordinated Note Obligations means any principal of, premium, if any, and interest on, and any other amounts owing in respect of, the Notes payable pursuant to the terms of the Notes or the Indenture or upon acceleration of the Notes, including, without limitation, amounts received upon the exercise of rights of rescission or other rights of action (including claims for damages) or otherwise, to the extent relating to the purchase price of the Notes or amounts corresponding to such principal of, premium, if any, or interest on, or other amounts owing with respect to, the Notes.
Sample 1Sample 2
Senior Subordinated Note Obligations means any and all principal, interest, premium, penalty, fee, indemnification, reimbursements, damages, including liquidated damages, and other indebtedness, obligations and liabilities of LBI Media and the Senior Subordinated Note Guarantors to the holders of the Senior Subordinated Notes, their successors and assigns, now existing or hereafter arising, direct or indirect, absolute or contingent, secured or unsecured, arising out of or in connection with the Senior Subordinated Loan Agreement and any other document or instrument executed in connection with the Senior Subordinated Notes, including any and all interest payable pursuant to the Senior Subordinated Loan Agreement and the Senior Subordinated Notes at the interest rates provided therein, any premium payable in accordance with the terms of the Senior Subordinated Loan Agreement and all other fees, expenses, and other amounts due from time to time under the Senior Subordinated Loan Agreement and the Senior Subordinated Notes.
Sample 1
Senior Subordinated Note Obligations has the meaning set forth in Section 1 hereof.
Sample 1
Senior Subordinated Note Obligations shall have the meaning provided in clause (iv) of the definition of "Obligations."
Sample 1

Related to Senior Subordinated Note Obligations

  • Senior Subordinated Notes means the Borrower’s 9.75% Senior Subordinated Notes due 2014, in an original aggregate principal amount of $225,000,000.

  • Senior Subordinated Note Documents means the Senior Subordinated Notes Indenture and all other instruments, agreements and other documents evidencing the Senior Subordinated Notes or providing for any guarantee or other right in respect thereof.

  • Junior Subordinated Notes means the $__________ aggregate principal amount of the Depositor's Series __ ____% Junior Subordinated Notes due ____ __, ____, issued pursuant to the Subordinated Indenture.

  • Senior Subordinated Note Indenture the Indenture entered into by the Borrower and certain of its Subsidiaries in connection with the issuance of the Senior Subordinated Notes, together with all instruments and other agreements entered into by the Borrower or such Subsidiaries in connection therewith, as the same may be amended, supplemented or otherwise modified from time to time in accordance with Section 7.9.

  • Senior Subordinated Debt means the Indebtedness represented by the Senior Subordinated Notes (including the Note Guarantees, Exchange Notes (each as defined in the Senior Subordinated Debt Documents), guarantees of Exchange Notes and any replacement Exchange Notes).

  • Existing Senior Subordinated Notes means the 10.875% Senior Subordinated Notes Due 2009 issued by the Company pursuant to the Existing Senior Subordinated Note Indenture.

  • Note Obligations means the Notes, the Guarantees and all other obligations of any obligor under this Indenture, the Notes, the Guarantees and the Security Documents.

  • Senior Subordinated Indebtedness means the Securities and any other Indebtedness of the Company that specifically provides that such Indebtedness is to rank pari passu with the Securities in right of payment and is not subordinated by its terms in right of payment to any Indebtedness or other obligation of the Company which is not Senior Indebtedness.

  • Guarantor Subordinated Obligations means, with respect to a Subsidiary Guarantor, any Indebtedness of such Subsidiary Guarantor (whether outstanding on the Issue Date or thereafter Incurred) that is expressly subordinated in right of payment to the obligations of such Subsidiary Guarantor under its Subsidiary Guarantee pursuant to a written agreement.

  • Junior Subordinated Debentures means the aggregate principal amount of the Depositor's ____% Junior Subordinated Deferrable Interest Debentures, due ________ __, 2027, issued pursuant to the Indenture.

  • Senior Subordinated Indenture means the Indenture, dated as of August 30, 2007, among the Company, the subsidiary guarantors party thereto from time to time and Xxxxx Fargo Bank, National Association, as trustee, governing the 13.5% Senior Subordinated Notes due 2015 of the Company, as the same may be amended, supplemented, waived or otherwise modified from time to time.

  • Junior Subordinated Debt means (a) subordinated junior deferrable interest debentures of the Borrower, (b) the related preferred securities, if applicable, of Subsidiaries of the Borrower and (c) the related subordinated guarantees, if applicable, of the Borrower, in each case, from time to time outstanding.

  • Guarantor Subordinated Obligation means, with respect to a Subsidiary Guarantor, any Indebtedness of such Subsidiary Guarantor (whether outstanding on the Issue Date or thereafter Incurred) which is expressly subordinate in right of payment to the obligations of such Subsidiary Guarantor under its Subsidiary Guarantee pursuant to a written agreement.

  • Junior Subordinated Indebtedness means the principal of (and premium, if any) and unpaid interest on (a) indebtedness of the Company (including indebtedness of others guaranteed by the Company), whether outstanding on the date hereof or thereafter created, incurred, assumed or guaranteed, for money borrowed, which in the instrument creating or evidencing the same or pursuant to which the same is outstanding it is provided that such indebtedness ranks junior in right of payment to the Company’s Senior Indebtedness and Senior Subordinated Indebtedness and equally and pari passu in right of payment to any other Junior Subordinated Indebtedness, (b) Junior Subordinated Securities, and (c) renewals, extensions, modifications and refinancings of any such indebtedness.

  • Senior Subordinated Notes Indenture means the Indenture, dated as of July 17, 2012, under which the Senior Subordinated Notes were issued, among the Borrower and the Restricted Subsidiaries party thereto and the trustee named therein from time to time, as in effect on the Closing Date and as amended, restated, supplemented or otherwise modified from time to time in accordance with the requirements thereof and of this Agreement.

  • Subordinate Obligations means, collectively, the Subordinate Notes and any Other Subordinate Obligations.

  • Existing Subordinated Notes means any instrument or loan issued or incurred before 1 January 2013, whether publicly or privately placed, ranking or expressed to be ranking pari passu with all other subordinated obligations (except for those subordinated obligations expressed by their terms to rank junior), provided that should any such Existing Subordinated Notes be amended in any way (contractually or by statute) which would result in allowing the Issuer to issue subordinated notes ranking senior thereto, then such Subordinated Notes would be deemed to no longer constitute an Existing Subordinated Note. As a result, in the event of liquidation or bankruptcy of the Issuer or in the event of a Moratorium (as defined in Condition 3 of the Conditions of the Notes) with respect to the Issuer, the claims of the holders of the Subordinated Notes ("Subordinated Noteholders") against the Issuer will be:

  • Senior Secured Credit Facility means the Loan and Security Agreement, dated as of May 31, 2017 by and among the Company and Western Alliance Bank (as amended, amended and restated, supplemented or otherwise modified from time to time, subject to the limitations herein).

  • Subordinated Note Indenture means the Indenture dated as of the Closing Date, among the Borrower, the guarantors party thereto and The Bank of New York, as trustee, pursuant to which the Subordinated Notes are issued, as the same may be amended, supplemented or otherwise modified from time to time to the extent permitted by Section 10.7(b).

  • Senior Secured Note Indenture means the Indenture dated as of November 5, 2009, among the Issuers, the Note Guarantors (as defined therein) and The Bank of New York Mellon, as trustee, principal paying agent, transfer agent and registrar, as amended, extended, restructured, renewed, refunded, novated, supplemented, restated, replaced or modified from time to time;

  • Senior Secured Credit Facilities means the revolving credit facility and other credit facilities under the Credit Agreement, including any guarantees, collateral documents, instruments and agreements executed in connection therewith, and any amendments, supplements, modifications, extensions, renewals, restatements, refundings, refinancings or replacements thereof and any one or more indentures or credit facilities or commercial paper facilities with banks or other institutional lenders or investors that replace, refund, supplement or refinance any part of the loans, notes, other credit facilities or commitments thereunder, including any such replacement, refunding or refinancing facility or indenture that increases the amount borrowable thereunder or alters the maturity thereof (provided that such increase in borrowings is permitted under Section 4.09 hereof) or adds Restricted Subsidiaries as additional borrowers or guarantors thereunder and whether by the same or any other agent, trustee, lender or group of lenders or holders.

  • Senior Secured Note Documents means the Senior Secured Note Indenture, the Senior Secured Note Guarantees, the Senior Secured Notes, the Intercreditor Arrangements, any security document relating to the Senior Secured Notes and/or the Senior Secured Note Indenture and any other document that may be entered into pursuant to any of the foregoing.

  • Subordinated Note Amount has the meaning set forth in the Recitals.

  • Additional Senior Debt Obligations means, with respect to any series, issue or class of Additional Senior Debt, (a) all principal of, and interest (including, without limitation, any interest which accrues after the commencement of any Bankruptcy Case, whether or not allowed or allowable as a claim in any such proceeding) payable with respect to, such Additional Senior Debt, (b) all other amounts payable to the related Additional Senior Debt Parties under the related Additional Senior Debt Documents and (c) any renewals or extensions of the foregoing.

  • Senior Secured Notes means the $1,875 million aggregate principal amount of 7.375% Senior Secured Notes due 2023 of the Borrower including, as the same may be amended, supplemented, waived or otherwise modified from time to time, including any senior secured exchange notes issued in lieu thereof.

  • Subordinated Note Documents means the Subordinated Notes, the Subordinated Note Purchase Agreement, the “Fee Letter” under and as defined in the Subordinated Note Purchase Agreement and any other Note Document (as defined in the Subordinated Note Purchase Agreement).