Series A Notes and Series D Notes Sample Clauses
Series A Notes and Series D Notes. (a)
(i) HCG and --------------------------------- each of Owner Participant, Initial Note Purchaser, Owner Trustee and Indenture Trustee agree to cooperate to effect the refinancing in full of the Series A Notes described in this Article X and to negotiate in good faith to conclude such additional agreements and such supplements or amendments to or consents or waivers under each of the Operative Documents as may be reasonably requested by HCG to effect the transactions contemplated in connection with such refinancing, in compliance with and subject to the terms and conditions of this Article X including, without limitation, any amendment or supplement to the Indenture that may be reasonably necessary to allow the Series B Notes, the Series C Notes, the Series E Notes, the Series F Notes and/or the Series G Notes to take the form of public, private institutional or commercial bank debt, and will negotiate in good faith to resolve any resulting debt/equity points in a manner reasonably satisfactory to Owner Participant, HCG and the proposed holders of any such debt and in a manner reflecting then current market terms for public or private debt, as applicable, in leveraged leases, recognizing that the manner in which debt/equity points are resolved in a private institutional or commercial bank debt transaction may, at the time that such Series of Notes is to be issued, be less favorable in certain respects to Owner Participant than the manner in which such debt/equity points shall have been resolved in the Indenture at the date hereof, all subject to the terms and conditions of this Article X.
(ii) From and after July 2, 1993, the interest rate on any outstanding Notes (other than the Series A Notes) shall be fixed. Any Series G Notes issued by Owner Trustee shall have the same amortization schedule as the refunded Series A Notes and a final maturity as early as the fifth anniversary of issuance. The terms (financial or otherwise) of the Series G Notes shall reflect then current market terms for commercial bank loans in a leveraged lease context to borrowers similarly situated to HCG, taking into account the guarantee of GMHE, the credit standards of the lender and the fixed rate feature and maturity date of the Series G Notes, and the Indenture shall be modified, if necessary, including without limitation with respect to debt/equity points, to reflect such market terms.
(iii) HCG shall use reasonable best efforts to arrange the issuance of the Series B Notes...
