Examples of Super Senior Debt in a sentence
Any Enforcement Proceeds will first be applied towards repayment of the Financial Indebtedness incurred by the Issuer under the Super Senior Debt, secondly towards redemption of the Bonds and thirdly towards redemption of the PIK Bonds.
The Issuer may not, without the prior written consent of the Super Senior Loan Creditors, repurchase, amortise or otherwise repay any nominal amount of the Bonds outstanding at the date of this Agreement, prior to the Super Senior Debt having been repaid in full.
The Impact of the Liquidity Transaction From Plaintiffs' perspective, the Liquidity Transaction was immediately detrimental to their interests because it effectively transformed their First Lien Debt into third lien debt, ranking below in priority to $427.5 million in new First-Out and Second-Out Super Senior Debt (id.
Secretary of State Kim Wyman made the final design selection based on a number of options.
Moreover, the Issuer may enter into hedging arrangements where the obligations under such hedging arrangements will rank senior to the Bonds (together with the Super Senior RCF, the "Super Senior Debt").