Subordinated Secured Notes definition

Subordinated Secured Notes shall have the meaning assigned to it in the Sale Agreement.
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Subordinated Secured Notes means, collective, the Subordinated Secured Convertible Notes and the Subordinated Secured Convertible Exchange Notes.
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Subordinated Secured Notes means, in relation to the Applicable Issuer, a Tranche of Notes having the status and characteristics set out in Condition 5.3, as specified in the Applicable Pricing Supplement;
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Examples of Subordinated Secured Notes in a sentence

  • This Security is one of a duly authorized issue of notes of the Company designated as its 12% Subordinated Secured Notes due 2022, initially issued in the aggregate principal amount of $53,836,742.98.

  • Summary of Terms Subordinated Secured Notes (Series B) due 2005 Issuer: Reorganized Comdisco ("Reorganized Comdisco") and New Leasing Company ("New Leasing Company"), a wholly-owned direct subsidiary of Reorganized Comdisco will issue the Series B Notes as co-issuers.

  • Other than the liens or encumbrances held by RACER, CH Capital, the note holders of the 2015 Convertible Subordinated Secured Notes, Xxxxxx Xxxxxxx, and Xxxxxx Industries, Inc., no other liens or encumbrances exist with respect to the Collateral or any of the other assets owned by Xxxx.

  • The Company, NLC and the Trustee agree as follows for the benefit of each other and for the equal and ratable benefit of the Holders of the 11% Subordinated Secured Notes due 2005 (the "Notes"): ARTICLE 1.

  • All covenants and agreements made by the Borrower herein are for the benefit and security of the holders of the Borrower's Senior Subordinated Secured Notes due 2003.

  • The investment consists of $3,265,920 of 13.5% Senior Subordinated Secured Notes due January 19, 2003, with warrants to acquire 338,423 shares of common stock.

  • By execution of this Acceptance, the undersigned hereby makes each of the representations contained in Section 3.2 of the Subordinated Secured Notes Purchase Agreement.

  • No fractional New Senior Secured Notes and/or New Subordinated Secured Notes, or Cash in lieu thereof, shall be distributed under the Plan.

  • The rights of payment upon acceleration will be the same as those contained in the indenture governing the 10%/12% CASH/PIK Toggle Second Lien Subordinated Secured Notes Due 2026 (including for the avoidance of doubt, as set forth in Section 6.02(d) and (e) thereof).Change of Control Offer If a Change of Control occurs, AMC must offer to repurchase the Notes at 101% of their principal amount, plusaccrued and unpaid interest.

  • The indemnity obligations of each Assignor contained in this Article IX shall continue in full force and effect notwithstanding the full payment of all the Notes issued under the Credit Agreement, the full repayment of all the Existing Senior Subordinated Secured Notes, the termination of all Interest Rate Protection Agreements or Other Hedging Agreements and Letters of Credit, and the payment of all other Obligations and notwithstanding the discharge thereof.


More Definitions of Subordinated Secured Notes

Subordinated Secured Notes shall have the meaning set forth in the recitals of this Indenture.
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Subordinated Secured Notes means the following promissory notes issued pursuant to the Subordinated Credit Agreement (i) the note dated April __, 2002 issued by Borrower to the Subordinated Noteholder in the original principal amount of $50,000,000, and (ii) the Shiny Notes.
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Subordinated Secured Notes means the Company's 8% Subordinated Secured Notes due 2009 issued pursuant to this Indenture.
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Subordinated Secured Notes means the 12.5% senior subordinated secured notes due 2008 issued by the Company.
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Subordinated Secured Notes means, in relation to the Relevant Issuer, a Tranche of Notes issued (by the Relevant Issuer) with the status and characteristics set out in Condition 5.3, as specified in the Applicable Pricing Supplement;
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Subordinated Secured Notes means, collectively, (i) the 2022 Subordinated Convertible Notes, and (ii) the 2023 Subordinated Convertible Exchange Notes.
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Related to Subordinated Secured Notes

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.

  • Subordinated Securities means Securities that by the terms established pursuant to Subsection 2.3(9) are subordinated in right of payment to Senior Indebtedness of the Issuer.

  • Subordinated Security or “Subordinated Securities” means any Security or Securities designated pursuant to Section 301 as a Subordinated Security.

  • 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 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.

  • Secured Notes means those 7.625% Senior Secured Notes due 2021 issued by the Borrower pursuant to the Secured Notes Indenture.

  • Subordinated Note means the Subordinated Note (or collectively, the “Subordinated Notes”) in the form attached as Exhibit A hereto, as amended, restated, supplemented or modified from time to time, and each Subordinated Note delivered in substitution or exchange for such Subordinated Note.

  • Subordinated Note Documents means the indenture under which the Subordinated Notes were issued and all other instruments, agreements and other documents evidencing or governing the Subordinated Notes or providing for any Guarantee or other right in respect thereof.

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

  • New Secured Notes means the $550 million of first lien secured notes to be issued by New Valaris Holdco comprising (i) the Rights Offering New Secured Notes to be issued in the Rights Offering on the terms set forth in the New Secured Notes Term Sheet attached as Exhibit 2 to the Restructuring Term Sheet and the Rights Offering Procedures, (ii) the Holdback Notes to be issued on the terms set forth in the Backstop Agreement,

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

  • 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;

  • Unsecured Notes means the Borrower’s $700,000,000 10.75% Senior Notes due 2023 issued pursuant to the Unsecured Notes Indenture dated as of July 31, 2015.

  • 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 Notes Indenture means that certain Subordinated Debenture Indenture between DH (f/k/a NGC Corporation) and First National Bank of Chicago, as Debenture Trustee, dated as of May 28, 1997 (as amended, restated and supplemented through the Petition Date).

  • New Notes shall have the meaning assigned to such term in Section 32.

  • Senior Unsecured Notes means $2,000,000,000 in aggregate principal amount of the Borrower’s 9.000% senior notes due 2025 issued pursuant to the Senior Unsecured Notes Indenture on the Closing Date.

  • Senior Secured Notes Trustee means U.S. Bank Trust Company, National Association, as successor in interest to U.S. Bank National Association, as trustee under the Senior Secured Notes Indenture.

  • 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:

  • Existing Senior Secured Notes means the Borrower’s $800,000,000 8.500% Senior Secured Notes due 2019, issued pursuant to the Existing Senior Secured Notes Indenture.

  • Subordinate Notes means the B Notes and the C Notes, individually or collectively, as the context may require.

  • Notes shall have the meaning assigned to such term in the recitals.

  • Senior Notes means $500,000,000 in aggregate principal amount of the Borrower’s 6.75% senior unsecured notes due 2025 issued pursuant to the Senior Notes Indenture on the Closing Date.

  • 2014 Notes means the aggregate principal amount of US$399,517,000 of 10.25% Guaranteed Senior Notes Due 2014 issued pursuant to the 2014 Note Indenture.

  • Pari Passu Securities means any class or series of capital stock of the Company hereafter created specifically ranking, by its terms, on parity with the Designated Preferred Stock as to distribution of assets upon liquidation, dissolution or winding up of the Company, whether voluntary or involuntary.

  • Subordinated Debentures means the debentures exchangeable by the Company for the Preferred Stock in accordance with the Certificate of Designations therefor.