Senior Unsecured Debt definition

Senior Unsecured Debt means the Indebtedness represented by the Senior Unsecured Notes (including the Note Guarantees, Exchange Notes (each as defined in the Senior Unsecured Debt Documents), guarantees of Exchange Notes and any replacement Exchange Notes).
Senior Unsecured Debt means indebtedness for borrowed money that is not subordinated to any other indebtedness for borrowed money and is not secured or supported by a guarantee, letter of credit or other form of credit enhancement.
Senior Unsecured Debt. (a) the Indebtedness under the Senior Unsecured Notes and (b) unsecured notes or debentures of the Company that may be issued by the Company in order to refinance the Senior Unsecured Debt and/or the repayment of the Loans, provided that (i) the maturity date, the scheduled amortization and the final maturity shall be at least as favorable to the Company and the Lenders as such Senior Unsecured Notes and the other terms and conditions thereof (including, without limitation, the covenant and event of default provisions thereof but excluding the interest rate and any call protection provisions) taken as a whole shall be at least as favorable to the Company and the Lenders as such Senior Unsecured Notes, (ii) no covenant contained in this Agreement or any of the other Credit Documents would be violated on the proposed issuance date after giving effect to (A) the issuance of such notes or debentures, (B) the payment of all issuance costs, commissions, discounts, redemption premiums and other fees and charges associated therewith, (C) the use of proceeds thereof and (D) the redemption, repayment, retirement and repurchase of all Indebtedness of the Company and its Subsidiaries to be redeemed, repaid or repurchased in connection therewith and (iii) substantially final drafts of the documentation governing any such notes or debentures, showing the terms thereof, shall have been furnished to the Lenders at least 10 days prior to the date of issuance of such notes or debentures.

Examples of Senior Unsecured Debt in a sentence

  • The Borrower will not, nor will it permit any of its Subsidiaries to, designate any Indebtedness (other than the Senior Unsecured Debt, Second Priority Debt and the Guarantees of any Guarantor in respect thereof) as “Designated Senior Indebtedness” or “Designated Guarantor Senior Indebtedness” (or equivalent terms), in each case under and as defined in the instruments evidencing any Subordinated Debt.

  • Federal Deposit Insurance Corporation, Senior Unsecured Debt Guarantee (51–4457–0–3–373).

  • Notwithstanding the foregoing provisions of this Section 6.11 or anything in this Agreement or any other Loan Document to the contrary, any Subsidiary of the Company that Guarantees the Senior Subordinated Debt or the Senior Unsecured Debt shall be a Guarantor hereunder for so long as it Guarantees such Indebtedness.

  • On 19 December 2013 due to countless reports in the media Moody’s had occasion to publish an information on Hypo Alpe Adria, in which it confirmed the Guaranteed Senior Unsecured Debt Rating at A1 with a “negative” out- look.

  • The Administrative Agent shall have received copies of the Senior Unsecured Debt Documents, certified by a Financial Officer as complete and correct.


More Definitions of Senior Unsecured Debt

Senior Unsecured Debt means the aggregate principal amount of all Funded Indebtedness of the Parent or any Subsidiary Guarantor as of any given date that is not subordinated by its terms to the obligations of the Parent or such Subsidiary Guarantor under the Basic Documents and that does not constitute Secured Debt.
Senior Unsecured Debt means (a) the 8.375% Senior Unsecured Notes, (b) the 6.125% Senior Unsecured Notes, (c) the 5.375% Senior Unsecured Notes, (d) the 6.375% Senior Unsecured Notes, (e) the 5.625% Senior Unsecured Notes, (f) the Permitted Senior Unsecured Refinancing Debt and (g) any Indebtedness incurred under Section 7.01(h) (including the senior unsecured Guarantees of such Indebtedness provided by any Guarantor thereunder).
Senior Unsecured Debt means senior unsecured Indebtedness of the Covenant Parties and their Restricted Subsidiaries outstanding on the Third A&R Effective Date and Permitted Refinancings thereof (with the understanding that so long as all other requirements of the definition of Permitted Refinancing are met such refinancing debt may be incurred at VNU International or NHF).
Senior Unsecured Debt means the $650,000,000 in aggregate principal amount of 10% senior notes due 2014 and the €150,000,000 in aggregate principal amount of 9% senior notes due 2014, in each case, issued by Nielsen and Xxxxxxx Finance Co. and Permitted Refinancings thereof (with the understanding that so long as all other requirements of the definition of Permitted Refinancing are met such refinancing debt may be incurred at VNU International or NHF).
Senior Unsecured Debt means debt issued under this Base Prospectus, which are unsecured and unsubordinated claims against the Issuer.
Senior Unsecured Debt means (a) the senior unsecured notes or term loans issued by the Borrower on or before the Initial Funding Date in connection with the Spin-Off and (b) to the extent senior unsecured notes are issued under clause (a), any substantially identical senior unsecured notes that are registered under the Securities Act and issued in exchange for the senior unsecured notes described in clause (a) of this definition.
Senior Unsecured Debt as defined in Section 7.2(n).