Examples of Third Lien Notes in a sentence
The provisions of Section 4.3(c) of the Third Lien Notes Note Purchase Agreement as in effect on the date hereof are incorporated herein by reference with the same effect as if such provisions were stated herein in their entirety.
Release Ratification The Term Loan Credit Agreement, Cash Pay Notes Indenture and PIK Toggle Notes Indenture will each be amended, amended and restated, supplemented or otherwise modified to, and the indentures governing the New Second Lien Notes and New Third Lien Notes will, provide for the ratification, acknowledgement and agreement to the Recapitalization Transactions and the releases, covenants not to xxx and other provisions described in Section 9 of the Transaction Support Agreement.
The New Third Lien Notes Indenture will not permit unlimited debt secured by pari passu liens.
If an offering of the New Second Lien Notes (an “Escrowed Offering”) is consummated prior to the closing of the exchange offer related to the New Third Lien Notes (the “Exchange Offer Consummation Date”), the New Second Lien Notes in such Escrowed Offering will initially be issued only by an escrow issuer (the “Escrow Issuer”), which shall be an “Unrestricted Subsidiary” under the applicable debt instruments.
Such Third Lien Holder has not granted or suffered to exist any lien, security interest, hypothecation, hypothec or other charge or encumbrance of any kind on any of its Third Lien Notes other than (i) those existing under securities laws and (ii) those created by the Third Lien Notes Note Purchase Agreement.