Tranche 2 Notes definition

Tranche 2 Notes means the first priority senior secured convertible notes issued on the Tranche 2 Funding Date by the Borrowers to the Purchasers in the aggregate amount of the Tranche 2 Advance, as amended by the Amended and Restated Notes.

Tranche 2 Notes is defined in Section 1.

Tranche 2 Notes means the floating rate notes due 2026 in an aggregate principal amount of $11,500,000 issued by the Issuer on the Tranche 2 Issue Date which shall be consolidated and form a single series with the Tranche 1 Notes and the Tranche 2 Notes on the last day of the first Interest Period in respect of the Tranche 2 Notes.

Examples of Tranche 2 Notes in a sentence

• A Qualifying Noteholder may only issue a Tranche 2 Extension Notice once and any such Tranche 2 Extension Option must be used in respect of all Tranche 2 Notes held by such Qualifying Noteholder.

• As the Shares to be issued on the conversion of the Tranche 2 Notes will be fully paid shares, they will not be subject to any calls for money by the Directors and will therefore not become liable for forfeiture.

• Thereafter, the Tranche 2 Loans evidenced by such Tranche 2 Note and interest thereon shall at all times (including after assignment pursuant to Section 10.04) be represented by one or more Tranche 2 Notes payable to the order of the payee named therein (or, if such promissory note is a registered note, to such payee and its registered assigns).

• On the Tranche 2 Funding Date, subject to the terms and conditions herein, (x) the Borrowers and the Company delivered the Tranche 2 Notes with an aggregate principal amount equal to the Tranche 2 Advance, and Tranche 2 Warrants with respect to the Tranche 2 Advance, respectively, and (y) the Purchasers paid the Tranche 2 Advance to the Borrowers and the Company by wire transfer to accounts designated by the Borrowers and Company prior to the Tranche 2 Funding Date.

• A broad summary of the rights, privileges and restrictions attaching to the Tranche 2 Notes is set out in Schedule 1 of this Cleansing Notice.

More Definitions of Tranche 2 Notes

Tranche 2 Notes means the promissory notes provided for by Section 2.06(b) hereof and all promissory notes delivered in substitution or exchange therefor, in each case as the same shall be modified and supplemented and in effect from time to time.

Tranche 2 Notes means Notes in a principal amount of $40,000,000.

Tranche 2 Notes means the EUR 282,942,000 6.875 per cent. fixed rate notes relating to the exchange offer which will be issued on the Cutoff Date.

Tranche 2 Notes means convertible promissory notes, each having an original aggregate principal amount of £1, issued pursuant to the Convertible Loan Note Instrument, substantially in the form of Part 2 of Schedule 1 thereto.

Tranche 2 Notes means the promissory notes of the Borrower executed and delivered under Section 2.01(c) hereof, any promissory notes issued in substitution therefor pursuant to Sections 2.03(c), 2.15(b) or 9.14(c) hereof, together with all extensions, renewals, refinancings or refundings thereof in whole or part; "Tranche 2 Note" shall mean any one of them.

Tranche 2 Notes means those Notes issued on the first Mandatory Tranche Closing Date.

Tranche 2 Notes means the £31,465,504 Senior Secured Deferrable Floating Rate Notes due 2019 issued on 11 July 2013.