Rollover Notes definition

Rollover Notes means the Fixed Rate Senior Secured Notes due 2011, in an aggregate principal amount of approximately $150,000,000 to be issued by Xxxxxx Xxxxxxx LLC pursuant to the New Notes Indenture.

Rollover Notes means the US$150 million aggregate principal amount of 11% senior unsecured notes due 2015 to be issued to the Noteholders in connection with the Recapitalization.

Rollover Notes has the meaning set forth in the recitals.

Examples of Rollover Notes in a sentence

• No fractional New Common Shares, Noteholder Warrants, Shareholder Warrants or Rollover Notes will be issued as part of the Arrangement.

• The Arrangement Treatment of Securityholders The following table shows the amount of Rollover Notes and New Notes and the number of New Common Shares and Shareholder Warrants to be issued to Securityholders pursuant to the Arrangement: Note: (1) Includes New Common Shares issuable upon exercise of the Noteholder Warrants.

• In lieu of any fractional Rollover Notes, each registered holder of Existing Notes otherwise entitled to a fractional interest in Rollover Notes will receive the nearest whole $1.00 of Existing Notes (with fractions equal to exactly $0.50 being rounded up).

• The aggregate amount the stated interest expense for the notes was $25,532 for the year ended October 31, 2018.(5) Investor Rollover Notes, Fiscal Year Ending 2018The Class E Unit Holder, Julio Macedo, is the controlling person of four limited liability companies that partially own, or joint venture with, one or more entities (also owned or controlled by Julio Macedo) in the operation of four Compressed Natural Gas Stations (“CNG Companies”).

• The aggregate amount the stated interest expense for the notes was $25,532 for the year ended October 31, 2018.Investor Rollover Notes, FYE 2018The Class E Unit Holder, Julio Macedo, is the controlling person of four limited liability companies that partially own, or joint venture with, one or more entities (also owned or controlled by Julio Macedo) in the operation of four Compressed Natural Gas Stations (“CNG Companies”).

More Definitions of Rollover Notes

Rollover Notes has the meaning specified in Section 5.025.03(ik).

Rollover Notes means those certain notes issued under the Rollover Note Indenture.

Rollover Notes has the meaning set forth in Section 5.1.

Rollover Notes means the Rollover Notes (or any successor instruments into which the Rollover Notes are convertible or exchangeable pursuant to the debt registration rights agreement dated November 9, 2001 by and among the Corporation and the Bridge Lenders) issued by the Corporation to Xxxxxx Xxxxxxx Senior Funding, Inc., CIBC Inc. and Wachovia Investors, Inc. (formerly known as First Union Investors, Inc.) pursuant to the Bridge Financing Agreement.

Rollover Notes has the meaning set forth in SECTION 14.01.

Rollover Notes any Indebtedness required to be issued by TWTC on -------------- or after the maturity date of any bridge advances in exchange for such bridge advances in accordance with the terms of the bridge financing.

Rollover Notes means Notes issued in anticipation of other Notes maturing during the five-day period following the issuance of such Rollover Notes but only to the extent the proceeds of such Rollover Notes are held in the Collateral Account and invested only in Cash. Senior Facility The Company has entered into the Senior Facility pursuant to a creditagreement (as amended from time to time, the “Credit Agreement”) with Lehman Commercial Paper Inc., as agent (in such capacity, the “Agent”), and the other lenders named therein (each, a “Lender”). Under the revolving Senior Facility the Company may initially borrow up to $50,000,000, subject to the terms and conditions therein (the “Credit Agreement Commitment”). As of the initial Closing Date, approximately $31,000,000 is expected to be outstanding under the Senior Facility. The Senior Facility Loans and the Notes will be pari passu obligations of the Company. Interests in the Senior Facility Loans are not offered hereby. See “The Senior Facility.” Equity The Company has received equity capital (the “Equity”) from CarlyleCredit Partners Master Fund, a class of the Carlyle Series Trust (the “Carlyle Series Trust”), a Cayman Islands unit trust for which Walkers SPV Limited, a Cayman Islands licensed trust company, acts as trustee (the “Equity Owner”). As of the initial Closing Date, the Company is expected to have approximately $70,000,000 in Equity from the Equity Owner. The Indenture will permit payments to the Equity Owner only if the Restricted Payment Covenant is satisfied. Interests in the Equity are not offered hereby. Over-Collateralization Test ....................... Credit support will be provided to the Noteholders and the Lendersprimarily through the operation of the Over-Collateralization Test. Under such test, the outstanding principal (the “Outstanding Principal Amount”) of the Senior Indebtedness may not exceed the Discounted Collateral Value. The Company has covenanted that if as of 5:00 p.m. (New York time) on the Business Day immediately preceding any Valuation Date (any such Valuation Date, an “Excess Date”), the Outstanding Principal Amount of the Senior Indebtedness exceeds the Discounted Collateral Value (the amount of such excess, the “Excess Amount”), within ten(10) Business Days of such Excess Date (the “Trigger Date”), the Company will: