Subordinated Exchange Notes definition

Subordinated Exchange Notes means the Company's 12 3/4% Senior Subordinated Exchange Notes due 2007 issuable pursuant to the Subordinated Exchange Note Indenture in exchange for the Company's Series A Preferred Stock.

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Subordinated Exchange Notes means the Series A Subordinated Exchange Notes and the Series B Subordinated Exchange Notes.

Subordinated Exchange Notes means the Company’s Subordinated Secured Convertible Exchange Notes due April 6, 2026 issued on the Initial Issue Date.

Examples of Subordinated Exchange Notes in a sentence

• The holders of the Senior Subordinated Exchange Notes shall have the absolute and unconditional right to transfer such Senior Subordinated Exchange Notes in compliance with applicable law to any third parties.

• The Parent's 12.75% Senior Subordinated Exchange Notes due 2007 issuable in exchange for PCC Preferred Stock pursuant to the PCC Preferred Stock Designation.

• The Initial Senior Subordinated Notes, any Additional Senior Subordinated Notes and any Senior Subordinated Exchange Notes are treated as a single class of securities under the Senior Subordinated Indenture.

• Without limiting the foregoing, all present and future Obligations are hereby designated as “Senior Debt” and “Designated Senior Debt” in each case as such terms are used in the Subordinated Unsecured Credit Facility and in the Subordinated Exchange Notes, if applicable.

• CDW Corporation, an Illinois corporation (such corporation, and its successors and assigns under the Indenture hereinafter referred to, being herein called the “Issuer”), promises to pay interest on the Senior Subordinated Exchange Notes entirely in cash.

• The Parent's 12.75% Senior Subordinated Exchange Notes due 2007 issuable in exchange for PCC Preferred Stock pursuant to the PCC Preferred Stock Designation under the PSC Subordinated Notes Indenture.

• Each Holder by accepting a Subordinated Exchange Note waives and releases all such liability, and such waiver and release is part of the consideration for the issuance of the Subordinated Exchange Notes.

• This Note is one of a duly authorized issue of notes of the Issuer designated as its Senior Subordinated Exchange Notes due 2017.

• The Trustee or Paying Agent may continue to make payments on the Subordinated Exchange Notes unless at least three Business Days prior to any payment date it has received written notice of facts that would cause a payment of principal of, or premium, if any, or interest on, the Subordinated Exchange Notes to violate this Article.

• The Senior Subordinated Notes include the Initial Senior Subordinated Notes and any Senior Subordinated Exchange Notes issued in exchange for Initial Senior Subordinated Notes.

More Definitions of Subordinated Exchange Notes

Subordinated Exchange Notes means the subordinated unsecured exchange notes of Borrower, guaranteed by certain subsidiary guarantors, to be issued from time to time by the Borrower under the Subordinated Exchange Note Indenture and authenticated by the Exchange Note Trustee and delivered in exchange for Subordinated Unsecured Term Loans in an equal principal amount (including any capitalized interest) from time to time pursuant to the Subordinated Unsecured Credit Facility.

Subordinated Exchange Notes means the senior subordinated --------------------------- notes to be issued by the Borrower in exchange for Subordinated Notes on terms substantially identical to the terms of the Subordinated Notes.

Subordinated Exchange Notes to be issued upon exchange by any holder of the Company's Series D Exchangeable Convertible Preferred Stock (the "Preferred Stock") pursuant to the certificate of designations of the Preferred Stock, in the aggregate principal amount of up to $55,000,000 and bearing interest payable at the same rate and on the same dates as the interest on the principal amount of this Note.

Subordinated Exchange Notes means the Increasing Rate Subordinated Notes due 2006 of Company issued pursuant to the Subordinated Exchange Note Indenture in exchange for all or any portion of the Subordinated Bridge Notes, in the form delivered to Agents and Lenders on or prior to the Closing Date, with such changes thereto when executed as are permitted under subsection 7.12B and as such notes may thereafter be amended, restated, supplemented or otherwise modified from time to time to the extent permitted under subsection 7.12B.