Senior Subordinated Secured Notes definition

Senior Subordinated Secured Notes means the senior subordinated secured notes due March 31, 2015, issued by TMA. The Senior Subordinated Secured Notes are secured by a lien junior to the lien securing the Senior Notes on, among other things, the stock of certain of TMA’s subsidiaries, TMHL’s MSRs and the interest payments due from the mortgage-backed securities underlying the Override Agreement after termination of the Override Agreement and after paying interest expense. In addition, certain of TMA’s subsidiaries have guaranteed payment of the Senior Subordinated Secured Notes.
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Senior Subordinated Secured Notes means the Company's $100,000,000 12% Senior Subordinated Secured Notes due 2004.
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Senior Subordinated Secured Notes means each of the Amended and Restated Senior Subordinated Secured Notes Due 2017, Series A-1, and each of the Amended and Restated Senior Subordinated Secured Notes Due 2017, Series A-2 in each case issued by Eclipse Aerospace, Inc.
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Examples of Senior Subordinated Secured Notes in a sentence

  • By: Name: Title: By: Name: Title: This is one of the Notes referred to in the within-mentioned Indenture: WILMINGTON TRUST COMPANY as Trustee By: Authorized Signatory Date: [Back of Note] Senior Subordinated Secured Notes due 2015 Capitalized terms used herein shall have the meanings assigned to them in the Indenture referred to below unless otherwise indicated.

  • CUSIP [ ] ISIN [ ] Senior Subordinated Secured Notes due 2015 [PIK] No. $ XXXXXXXXX MORTGAGE, INC.

  • CUSIP [ ] ISIN [ ] Senior Subordinated Secured Notes due 2015 No. $ XXXXXXXXX MORTGAGE, INC.

  • All covenants and agreements made by the Borrower herein are for the benefit and security of the holders of the Borrower's Senior Subordinated Secured Notes due 2003.

  • The Notes shall be known and designated as the "10% Senior Subordinated Secured Notes due 2007" of the Company.

  • The investment consists of $3,265,920 of 13.5% Senior Subordinated Secured Notes due January 19, 2003, with warrants to acquire 338,423 shares of common stock.

  • The following discussion summarizes certain provisions of the New Class A Senior Secured Notes (referred to in this Section IV.D as the "Class A Notes") and the New Class B Senior Subordinated Secured Notes (referred to in this Section IV.D as the "Class B Notes") to be issued pursuant to the Plan.

  • This is one of a series of the Company’s Notes known as its Series B Senior Subordinated Secured Notes Due October 1, 2000 (collectively referred to herein as the “Series B Notes”), all of like tenor, except as to the identifying number and principal amount thereof and except for certain variations contained in this Note.

  • By: Name: Title: By: Name: Title: Dated: Certificate of Authentication This is one of the 12% Senior Subordinated Secured Notes due 2017 referred to in the within-mentioned Indenture.

  • All representations, warranties, covenants, indemnifications, consents and agreements of the Loan Parties contained herein or made in writing in connection herewith shall survive the execution and delivery of this Second Amendment, the making of the term loans hereunder and the issuance of the Second Amendment Senior Subordinated Secured Notes and, except as set forth otherwise herein, shall remain in effect through the date that all amounts due hereunder are paid to Lender.


More Definitions of Senior Subordinated Secured Notes

Senior Subordinated Secured Notes means any Indebtedness of QDI LLC evidenced by senior subordinated secured notes issued (I) in exchange for up to $140,000,000 in aggregate principal amount of then outstanding Senior Subordinated Notes and (II) to pay in kind regularly accruing interest on any such theretofore outstanding senior subordinated secured notes, so long as (a) in the case of the Indebtedness referred to in clause (I) above, the aggregate principal amount of any such Indebtedness so issued does not exceed the amount of Indebtedness subject to such exchange and outstanding immediately prior to such issuance and exchange, (b) such Indebtedness has a final maturity no earlier than the sixth anniversary of the date of the incurrence thereof, (c) has a weighted average life to maturity greater than or equal to the weighted average life to maturity of the Senior Subordinated Notes, (d) such Indebtedness does not (x) add guarantors from that which applied to the Senior Subordinated Notes,
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Senior Subordinated Secured Notes shall also include any Permanent Exchange Senior Subordinated Secured Notes issued pursuant to the Senior Subordinated Secured Notes Indenture in exchange for theretofore outstanding Senior Subordinated Secured Notes as contemplated by the definition of Permanent Exchange Senior Subordinated Secured Notes. The issuance of Senior Subordinated Secured Notes shall be deemed to be a representation and warranty by QDI LLC that all conditions thereto have been satisfied in all material respects and that same is permitted in accordance with the terms of this Agreement, which representation and warranty shall be deemed to be a representation and warranty for all purposes hereunder, including, without limitation, Sections 6 and 10.
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Senior Subordinated Secured Notes means the Debt represented by those certain Notes dated May 31, 2005 in the original aggregate principal amount of $22,000,000, executed by the Borrower in favor of Steelhead Investments Ltd. pursuant to the Note Purchase Agreement dated as of October 29, 2004, as modified by the Assignment Agreement dated as of May 31, 2005.
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Senior Subordinated Secured Notes means the U.S. Borrower's 12-1/2% Senior [Subordinated] Secured Notes due 2008 issued pursuant to the Senior [Subordinated] Secured Notes Indenture and otherwise in accordance with the requirements of the definition of "Senior [Subordinated] Secured Notes" contained in the Credit Agreement (as in effect on the Second Restatement Effective Date), as the same are in effect on the Second Restatement Effective Date and as the same may be amended, modified and/or supplemented from time to time in accordance with the terms thereof and of the Credit Agreement. For purposes of this Agreement, the term "Senior [Subordinated] Secured Notes" shall include any senior secured notes issued in exchange for Senior [Subordinated] Secured Notes (as defined above in the absence of this sentence) pursuant to the Senior [Subordinated] Secured Notes Indenture, so long as same are issued in accordance with the requirements of the definition of "Permanent Exchange Senior [Subordinated] Secured Notes" appearing in the Credit Agreement (as in effect on the Second Restatement Effective Date).
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Related to Senior Subordinated Secured Notes

  • Senior Subordinated Notes means the Borrower’s 9.75% Senior Subordinated Notes due 2014, in an original aggregate principal amount of $225,000,000.

  • Junior Subordinated Notes means the $__________ aggregate principal amount of the Depositor's Series __ ____% Junior Subordinated Notes due ____ __, ____, issued pursuant to the Subordinated Indenture.

  • Senior Subordinated Note Indenture the Indenture entered into by the Borrower and certain of its Subsidiaries in connection with the issuance of the Senior Subordinated Notes, together with all instruments and other agreements entered into by the Borrower or such Subsidiaries in connection therewith, as the same may be amended, supplemented or otherwise modified from time to time in accordance with Section 7.9.

  • Senior Subordinated Note Documents means the Senior Subordinated Notes Indenture and all other instruments, agreements and other documents evidencing the Senior Subordinated Notes or providing for any guarantee or other right in respect thereof.

  • Existing Senior Subordinated Notes means the 10.875% Senior Subordinated Notes Due 2009 issued by the Company pursuant to the Existing Senior Subordinated Note Indenture.

  • Existing Subordinated Notes means any instrument or loan issued or incurred before 1 January 2013, whether publicly or privately placed, ranking or expressed to be ranking pari passu with all other subordinated obligations (except for those subordinated obligations expressed by their terms to rank junior), provided that should any such Existing Subordinated Notes be amended in any way (contractually or by statute) which would result in allowing the Issuer to issue subordinated notes ranking senior thereto, then such Subordinated Notes would be deemed to no longer constitute an Existing Subordinated Note. As a result, in the event of liquidation or bankruptcy of the Issuer or in the event of a Moratorium (as defined in Condition 3 of the Conditions of the Notes) with respect to the Issuer, the claims of the holders of the Subordinated Notes ("Subordinated Noteholders") against the Issuer will be:

  • Senior Subordinated Notes Indenture means the Indenture, dated as of July 17, 2012, under which the Senior Subordinated Notes were issued, among the Borrower and the Restricted Subsidiaries party thereto and the trustee named therein from time to time, as in effect on the Closing Date and as amended, restated, supplemented or otherwise modified from time to time in accordance with the requirements thereof and of this Agreement.

  • Junior Subordinated Debentures means the aggregate principal amount of the Depositor's ____% Junior Subordinated Deferrable Interest Debentures, due ________ __, 2027, issued pursuant to the Indenture.

  • Senior Subordinated Indenture means the Indenture, dated as of August 30, 2007, among the Company, the subsidiary guarantors party thereto from time to time and Xxxxx Fargo Bank, National Association, as trustee, governing the 13.5% Senior Subordinated Notes due 2015 of the Company, as the same may be amended, supplemented, waived or otherwise modified from time to time.

  • Senior Secured Notes means the $1,875 million aggregate principal amount of 7.375% Senior Secured Notes due 2023 of the Borrower including, as the same may be amended, supplemented, waived or otherwise modified from time to time, including any senior secured exchange notes issued in lieu thereof.

  • Senior Subordinated Debt means the Indebtedness represented by the Senior Subordinated Notes (including the Note Guarantees, Exchange Notes (each as defined in the Senior Subordinated Debt Documents), guarantees of Exchange Notes and any replacement Exchange Notes).

  • Senior Secured Note Indenture means the Indenture dated as of November 5, 2009, among the Issuers, the Note Guarantors (as defined therein) and The Bank of New York Mellon, as trustee, principal paying agent, transfer agent and registrar, as amended, extended, restructured, renewed, refunded, novated, supplemented, restated, replaced or modified from time to time;

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.

  • Senior Subordinated Indebtedness means the Securities and any other Indebtedness of the Company that specifically provides that such Indebtedness is to rank pari passu with the Securities in right of payment and is not subordinated by its terms in right of payment to any Indebtedness or other obligation of the Company which is not Senior Indebtedness.

  • Subordinated Note Indenture means the Indenture dated as of the Closing Date, among the Borrower, the guarantors party thereto and The Bank of New York, as trustee, pursuant to which the Subordinated Notes are issued, as the same may be amended, supplemented or otherwise modified from time to time to the extent permitted by Section 10.7(b).

  • Junior Subordinated Debt means (a) subordinated junior deferrable interest debentures of the Borrower, (b) the related preferred securities, if applicable, of Subsidiaries of the Borrower and (c) the related subordinated guarantees, if applicable, of the Borrower, in each case, from time to time outstanding.

  • Senior Secured Notes Trustee means U.S. Bank Trust Company, National Association, as successor in interest to U.S. Bank National Association, as trustee under the Senior Secured Notes Indenture.

  • Junior Subordinated Indebtedness means the principal of (and premium, if any) and unpaid interest on (a) indebtedness of the Company (including indebtedness of others guaranteed by the Company), whether outstanding on the date hereof or thereafter created, incurred, assumed or guaranteed, for money borrowed, which in the instrument creating or evidencing the same or pursuant to which the same is outstanding it is provided that such indebtedness ranks junior in right of payment to the Company’s Senior Indebtedness and Senior Subordinated Indebtedness and equally and pari passu in right of payment to any other Junior Subordinated Indebtedness, (b) Junior Subordinated Securities, and (c) renewals, extensions, modifications and refinancings of any such indebtedness.

  • Convertible Subordinated Notes means the Company's 7% Convertible Subordinated Notes issued pursuant to an indenture dated as of June 12, 1996, between the Company and The Chase Manhattan Bank (formerly known as Chemical Bank), as trustee.

  • Senior Secured Note Documents means the Senior Secured Note Indenture, the Senior Secured Note Guarantees, the Senior Secured Notes, the Intercreditor Arrangements, any security document relating to the Senior Secured Notes and/or the Senior Secured Note Indenture and any other document that may be entered into pursuant to any of the foregoing.

  • Subordinated Securities means Securities that by the terms established pursuant to Section 2.02(i) are subordinated in right of payment to Senior Debt of the Company.

  • Senior Secured Notes Documents means the Senior Secured Notes Indenture, the Senior Secured Notes Guarantees, the Senior Secured Notes, the Intercreditor Arrangements, any supplemental indenture, any security document relating to the Senior Secured Notes and/or the Senior Secured Notes Indenture and any other document that may be entered into pursuant to any of the foregoing.

  • Subordinated Note Amount has the meaning set forth in the Recitals.

  • Existing Senior Secured Notes means the Borrower’s $800,000,000 8.500% Senior Secured Notes due 2019, issued pursuant to the Existing Senior Secured Notes Indenture.

  • Guarantor Subordinated Obligations means, with respect to a Subsidiary Guarantor, any Indebtedness of such Subsidiary Guarantor (whether outstanding on the Issue Date or thereafter Incurred) that is expressly subordinated in right of payment to the obligations of such Subsidiary Guarantor under its Subsidiary Guarantee pursuant to a written agreement.

  • Guarantor Subordinated Obligation means, with respect to a Subsidiary Guarantor, any Indebtedness of such Subsidiary Guarantor (whether outstanding on the Issue Date or thereafter Incurred) which is expressly subordinate in right of payment to the obligations of such Subsidiary Guarantor under its Subsidiary Guarantee pursuant to a written agreement.