Examples of Subordinated Notes in a sentence
On [date] all sums due and owing under this Agreement and the Subordinated Notes shall be repaid in full (herein called “Maturi”.t)Thye BoDrroawtereacknowledges and agrees that the Lenders have not made any commitments, either express or implied, to extend the terms of the Subordinated Notes past their Maturity Date, and shall not extend such terms beyond the Maturity Date unless the Borrower and the Lender hereafter specifically otherwise agree in writing.
The Subordinated Notes are subordinated obligations of the Issuer.
No limitation on issuing senior or pari passu securities in respect of Subordinated Notes There is no restriction on the amount of securities which the Issuer may issue and which rank senior to, or pari passu with, the Subordinated Notes.
Payments of interest in respect of Undated Subordinated Notes will be made subject to the provisions of Conditions 3(c) and 3(g).
The Restructuring shall be consummated through, inter alia, the distribution of the new common equity (the “New ProSomnus Common Equity”) of ProSomnus as reorganized under the Plan (“Reorganized ProSomnus”) to the holders of the Subordinated Notes, either directly or indirectly through a newly-formed entity, holders of the DIP Claims, and as otherwise set forth herein.