Senior Term Notes definition

Senior Term Notes means the Senior Term C Notes and the Senior Term D Notes.

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Senior Term Notes shall have the meaning assigned to such term in Section 2.1 hereof.

Senior Term Notes shall have the meaning assigned to such term in Section 2.1(d) hereof.

Examples of Senior Term Notes in a sentence

The entire principal amount of the Senior Term Notes, plus all accrued and unpaid interest and any other charges, advances, or fees required to be paid hereunder, will be due and payable on April 30, 2006.
The Junior Term Note shall be subordinate in payment to the Senior Term Notes.
The Senior Term Notes will be dated as of the date of this Agreement.
If such collateral assignment is not delivered within such 90-day period, the interest rate on the Senior Term Notes shall increase 25 basis points until such collateral assignment is provided.
The Senior Term Notes shall have priority of payment over the Junior Term Note (as defined below) and the Shareholder Loan (as defined below).
The Loan Parties may place an appropriate legend on the Senior Term Notes owned by the Purchasers concerning the restrictions set forth in this Article 6.
The appointment and authority of Agent hereunder shall terminate at the indefeasible payment in full of the Senior Term Notes and related obligations.
Subject to the terms and conditions and in reliance upon the representations, warranties and agreements set forth herein, the Loan Parties shall sell to the Purchasers, and the Purchasers shall purchase from the Loan Parties, in amounts designated in Annex B, the Senior Term Notes in the aggregate principal amount set forth in Section 2.1 hereof.
If for any reason no successor Agent is appointed by the Required Purchasers during such forty-five (45) day period, then effective upon the expiration of such forty-five (45) day period, the Purchasers shall perform all of the duties of Agent hereunder and the Loan Parties shall make all payments in respect of the Senior Term Notes directly to the applicable Purchasers and for all purposes shall deal directly with the Purchasers.
The Company shall prepay the outstanding amount of the Senior Term Notes in an amount equal to 75% of Net Cash Flow for each fiscal year commencing on or after December 31, 2004, payable upon delivery of the financial statements to the Agent referred to in and required by Section 7.1(e)(i) for such fiscal year but in any event not later than ninety (90) days after the end of each such subsequent fiscal year.

More Definitions of Senior Term Notes

Senior Term Notes means the Company's 11 1/2% Senior Notes due 2007 issued March 12, 1997

Senior Term Notes means the notes, if any, issued pursuant to the Senior Term Credit Agreement, as amended, modified, supplemented or restated from time to time in compliance herewith.

Senior Term Notes substantially in the form of the promissory notes made by the Loan Parties in favor of the Purchasers thereof in the form attached hereto as Exhibit A. The outstanding principal balance of the Senior Term Notes as of the First Amendment Closing Date is $30,000,000. On the First Amendment Closing Date, the Loan Parties, pursuant to Section 3.3 of this Agreement, will make to Agent, for the ratable benefit of the Purchasers, a principal payment in the aggregate amount of $15,000,000 of the Senior Term Notes.”

Senior Term Notes means the Company’s 6.72% Senior Notes due September 9, 2010 issued pursuant to the Note Purchase Agreements, dated as of September 1, 1998, between the Company and the purchasers on Schedule A thereto, as amended, supplemented, restated or otherwise modified or refinanced or replaced from time to time.

Senior Term Notes shall have the respective meanings specified in section 1. -----------------