SUBSTITUTE OFFERED NOTE TRUSTEE means at any given time means the entity then appointed as Offered Note Trustee under clause 14.
Offered Notes The Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes, the Class A-4 Notes, the Class B Notes, the Class C Notes and the Class D Notes.
Additional Purchased Securities Securities provided by Seller to Buyer pursuant to Paragraph 4(a) hereof;
Initial Noteholders shall have the meaning assigned to such term in the recitals.
Repurchase Offer shall have the meaning specified in Section 11.1(b).
Restricted Notes means Initial Notes and Additional Notes bearing one of the restrictive legends described in Section 2.1(d).
Initial Noteholder means (i) with respect to Note A-1, the Initial Note A-1 Holder and (ii) with respect to Note A-2, the Initial Note A-2 Holder.
Permitted Notes means and include (i) any Permitted Junior Notes and (ii) any Permitted Pari Passu Notes.
Offered Securities shall have the meaning specified in Section 5.03(b)(ii)(B).
Required Noteholders means Holders of Outstanding Notes evidencing more than 66 2/3% of the principal balance of the most senior Class of Notes Outstanding.
Purchase Offer shall have the meaning assigned to such term in Section 2.25(a).
Exchange Notes means the Notes issued in the Exchange Offer pursuant to Section 2.06(f) hereof.
Rated Notes means the Class A Notes, the Class B Notes, the Class C Notes, the Class D Notes and the Class E Notes.
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,
Private Offering means the private offering of Preferred Stock pursuant to the Memorandum.
Registered Notes has the meaning specified in Section 2.1.
New Securities Trustee means a bank or trust company reasonably satisfactory to the Initial Purchasers, as trustee with respect to the New Securities under the New Securities Indenture.
Initial Purchase Price has the meaning set forth in Section 2.1.
Registered Noteholder means the Person in whose name a Note is registered on the Note Register on the applicable Record Date.
Privately Offered Certificates [______________], Mortgage Pass-Through Certificates, Series [_______], Class [__] issued pursuant to the Pooling and Servicing Agreement.
Rated Securities means each Class of Securities that has been rated by one or both Rating Agencies at the request of the Seller.
Verified Note Owner means a Note Owner that has provided the Indenture Trustee or the Servicer, as applicable, with each of (i) a written certification that it is a beneficial owner of a specified principal amount of Outstanding Notes and (ii) a trade confirmation, an account statement, a letter from a broker or dealer or other similar document showing that such Note Owner is a beneficial owner of such principal amount of Outstanding Notes.
Transfer Restricted Notes means Definitive Notes and any other Notes that bear or are required to bear the Restricted Notes Legend.
Additional Purchasers means purchasers of Additional Notes.
Original Purchaser means the original purchaser of the Bonds designated by the Fiscal Officer in the Certificate of Award.
Exchange Notice has the meaning set forth in Section 2.1(a)(iii).
Substitute Purchaser is defined in Section 21.