Senior Term B Notes definition

Senior Term B Notes has the meaning assigned to such term in Section 2.1 hereof.
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Senior Term B Notes and together with the Senior Term A Notes, the “Senior Notes”).
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Examples of Senior Term B Notes in a sentence

  • The Borrower, ACAS, and ACFS are parties to a Note and Equity Purchase Agreement dated as of June 23, 2004 (as amended to date, the “Agreement”), pursuant to which ACAS purchased from the Borrower certain Senior Term B Notes; certain Senior Subordinated Notes; and certain Junior Subordinated Notes.

  • On the Term D Closing Date, the Company shall have (i) repaid all Indebtedness incurred under the Senior Credit Agreement and discharged all obligations outstanding thereunder and (ii) redeemed the Senior Term B Notes, each in form and substance satisfactory to Purchasers, in their sole discretion, and Purchasers shall have been provided copies of all agreements, instruments, documents and pay-off letters delivered in connection therewith.

  • The Company shall use the proceeds from the transactions contemplated by this Amendment No. 1 to (a) repay all Indebtedness incurred under the Senior Credit Agreement and discharge all obligations outstanding thereunder, (b) redeem the Senior Term B Notes and (c) consummate the transactions contemplated by the LFA Acquisition Agreement.

  • Company has informed Agent and Sub-Agent of their interest in reducing their overall interest expense by prepaying to Sub-Agent for its benefit and the ratable benefit of Senior Term B Lienholders the principal sum of $15,000,000, representing 50% of the amount due and owing under the Senior Term B Notes, utilizing the proceeds of a $15,000,000 Term C Financing to be provided by Lenders.

  • The Company covenants and agrees to repay to Agent, for the ratable benefit of Purchasers, the unpaid principal balance of the Senior Term B Notes in the amount of $25,000 per calendar quarter commencing January 1, 2004.

  • The Senior Term B Loans made by a Lender shall be evidenced by the Borrower's Senior Secured Term B Notes, to be substantially in the form of the promissory note attached hereto as Exhibit A-2 (including any promissory notes issued in substitution therefor or upon conversion of any portion of the Convertible Junior PIK Notes, in each case, pursuant to the terms of this Agreement (the "Senior Term B Notes", together with the Senior Term A Notes, the "Senior Notes").

  • All Cash Flow Prepayments in respect of any Fiscal Year shall be applied by Agent to the outstanding principal of the Senior Term B Notes in the inverse order of maturity after application of such prepayment to any accrued interest payable in connection therewith.

  • The Loan Parties, jointly and severally, covenant and agree to repay to Agent, for the ratable benefit of Purchasers, the Senior Term B Notes and the Senior Term D Notes in accordance with the amortization schedule set forth on Annex C attached hereto.

  • The Loan Parties, jointly and severally, covenant and agree to repay to Agent, for the ratable benefit of Purchasers, the unpaid balance of the Senior Term B Notes in full, together with all accrued and unpaid interest, fees and other amounts due hereunder, on June 23, 2010.

  • All such prepayments (A) shall be applied by Agent to the outstanding principal of the Notes in order of priority set forth above and in the inverse order of maturity after application of such prepayment to any accrued interest and prepayment premium payable in connection therewith, and (B) in connection with the Senior Term Loans, shall be applied first to the Senior Term Loan B and second, so long as no Senior Term B Notes remain outstanding, to the Senior Term Loan C.

Related to Senior Term B Notes

  • Tranche A Notes is defined in Section 1.1.

  • Tranche B Notes means the promissory notes, if any, of the Borrower in favor of each Tranche B Lender provided pursuant to Section 2.4(f) or Section 2.5(f) and evidencing the Tranche B Loans of such Tranche B Lender, individually or collectively, as appropriate, as such promissory notes may be amended, modified, restated, supplemented, extended, renewed or replaced from time to time.

  • Class A Notes means the Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes and the Class A-4 Notes.

  • Series B Notes is defined in Section 1.

  • 2019 Notes has the meaning set forth in the definition of “2018 Exchange Offers”.

  • B Notes means each of Note B-1 and Note B-2.

  • Class A-3 Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).

  • Class A Note Rate means 2.97% per annum.

  • Series C Notes is defined in Section 1.

  • Class A-2-A Notes has the meaning assigned to such term in the Indenture.

  • Class B Notes means any one of the Notes executed by the Issuer and authenticated by or on behalf of the Indenture Trustee, substantially in the form of Exhibit A-2.

  • Class C Note Rate means 3.48% per annum.

  • Series A Notes is defined in Section 1.

  • Class C Notes has the meaning assigned to such term in the Indenture.

  • Class A-2-B Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-2-B Notes, issued in accordance with the Indenture.

  • 2022 Notes means the Borrower’s 5.00% Convertible Senior Notes due 2022.

  • 2021 Notes means the 4.700% Senior Notes due 2021, originally issued by Ensco plc (now Valaris), a public limited company organized under the laws of England and Wales.

  • 2014 Notes means (i) the 4.850% Senior Secured Notes due 2024 issued by the Issuer on March 18, 2014 and (ii) the 4.45% Senior Secured Notes due 2025 and the 5.45% Senior Secured Notes due 2034 issued by the Issuer on August 21, 2014.

  • 2018 Notes means the Company’s 7.75% Senior Subordinated Notes due 2018 issued under the Indenture dated December 14, 2010 among the Company, Holdings and the subsidiary guarantors from time to time party thereto and The Bank of New York Mellon Trust Company, N.A., as Trustee.

  • Class A-4 Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).

  • Class A-5 Notes means the $_________ Floating Rate Class A-5 Student Loan Asset-Backed Notes issued by the Trust pursuant to the Indenture, substantially in the form of Exhibit A thereto.

  • Class A-2 Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).

  • Class B Note Rate means % per annum, computed on the basis of a 360-day year consisting of twelve 30-day months.

  • 2017 Notes means the aggregate principal amount of US$600,000,000 of 6.25% Guaranteed Senior Notes Due 2017 issued pursuant to the 2017 Note Indenture.

  • Initial Class A-3 Note Balance means $380,000,000.

  • Class A-1 Note Rate means, with respect to any Quarterly Interest Period, the interest rate per annum (computed on the basis of the actual number of days in such Quarterly Interest Period over a year of 360 days) equal to Three-Month LIBOR for the related LIBOR Reset Period plus 0.08%.