Terms of the Senior Notes Sample Clauses

Terms of the Senior Notes. The following terms relating to the Senior Notes are hereby established pursuant to Section 3.01 of the Base Indenture:
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Terms of the Senior Notes. Iridium and Motorola agree that Iridium currently proposes to issue and sell the Initial Senior Notes with the Material Terms (as defined) set forth in the attached draft of the Offering Memorandum and additional Senior Notes on substantially similar terms (other than with respect to interest rate) as those set forth in the Offering Memorandum. Iridium and Motorola agree that the inclusion of certain terms of the Initial Senior Notes (the "Material Terms") were material conditions to its agreements hereunder and that the inclusion of terms no less favorable to Motorola in any issuance of Senior Notes is a material condition to its continued performance hereunder. The "Material Terms" are those described under "Description of Notes" in the Offering Memorandum under the captions "Change of Control" (which shall be amended to delete the phrases "or indirectly" and "and indirect" in subsection (a) of the definition "Change in Control"), "Certain Covenants--Limitations on Indebtedness," "--Limitation on Restricted Payments," "--Limitation on Transactions with Affiliates," "--Limitations on Liens" and "Defaults" (as well as any definitions used in such provisions), each only as they relate to (i) Motorola or (ii) Iridium's ability to make payments to Motorola under any written agreement between Motorola and Iridium or prepay indebtedness under any Credit Agreement.
Sample 1
Terms of the Senior Notes. Issue 12% Senior Notes due 2014 (the “Senior Notes”) Issuer Company Aggregate Principal Amount Aggregate Notes Principal Amount Coupon The Senior Notes will bear interest at a rate of 12.00% per annum. Interest will be payable quarterly in arrears on the Coupon Dates of each year, beginning on October 10, 2009. Interest will be computed on the basis of a 360-day year comprised of twelve 30-day months. Interest shall be payable in cash. Price to Purchaser 100.00% of Aggregate Notes Principal Amount Coupon Dates March 10, June 10, September 10 and December 10 First Coupon Date December 10, 2009 Maturity Date September 10, 2014 Prepayment /Redemption Right The Company will have the right to call/prepay the Senior Notes in whole or in part prior to the Maturity Date at par plus accrued interest to the date of redemption. Prepayments would have to be made in increments of $10 million (or, if lesser, the Aggregate Notes Principal Amount). Ranking The Senior Notes will be the Company’s senior unsecured obligations and will rank equal in right of payment with all of the Company’s existing and future indebtedness that is not contractually subordinated to the Senior Notes. The Senior Notes will be effectively subordinated to all of the Company’s existing and future indebtedness to the extent of the collateral securing the same and to all liabilities and preferred equity of all of the Company’s subsidiaries.
Sample 1

Related to Terms of the Senior Notes

  • Terms of the Notes The following terms relating to the Notes are hereby established:

  • Terms of the Securities The Securities have the “Terms” as set out in these Issue Terms, which will complete and modify (i) the Bearer Securities Base Conditions Module, July 2016 Edition and (ii) the General Definitions Module, July 2016 Edition (the “General Definitions Module”), both of which are incorporated by reference into these Issue Terms (together, the “Conditions”) and are set out in full in the Information Memorandum.

  • of the Standard Terms and Conditions of Trust The Portfolio Supervisor may employ one or more sub- Portfolio Supervisors to assist in performing the services set forth in this Section 4.05 and shall not be answerable for the default of any such sub-Portfolio Supervisors if such sub-Portfolio Supervisors shall have been selected with reasonable care, provided, however, that the Portfolio Supervisor will indemnify and hold the Trust harmless from and against any loss occurring as a result of a sub- Portfolio Supervisor's willful misfeasance, reckless disregard, bad faith, or gross negligence in performing supervisory duties. The fees and expenses charged by such sub-Portfolio Supervisors shall be paid by the Portfolio Supervisor out of proceeds received by the Portfolio Supervisor in accordance with Section 4.03 hereof."

  • Terms of Notes The following terms relating to the Notes are hereby established:

  • General Terms and Conditions of the Notes Section 201.

  • TERMS AND CONDITIONS OF THE NOTES The Notes shall be governed by all the terms and conditions of the Indenture, as supplemented by this First Supplemental Indenture. In particular, the following provisions shall be terms of the Notes:

  • of the Series Supplement The REMIC Administrator and the Trustee shall not permit the creation of any "interests" (within the meaning of Section 860G of the Code) in any REMIC elected in respect of the Trust Fund other than the "regular interests" and "residual interests" so designated.

  • SPECIAL TERMS AND CONDITIONS OF TRUST The following special terms and conditions are hereby agreed to:

  • Form of Debentures Except in respect of the Initial Debentures, the form of which is provided for herein, the Debentures of each series shall be substantially in such form or forms (not inconsistent with this Indenture) as shall be established herein or by or pursuant to one or more resolutions of the Board of Directors (or to the extent established pursuant to, rather than set forth in, a resolution of the Board of Directors, in an Officers’ Certificate detailing such establishment) or in one or more indentures supplemental hereto, in each case with such appropriate insertions, omissions, substitutions and other variations as are required or permitted by this Indenture, and may have imprinted or otherwise reproduced thereon such legend or legends or endorsements, not inconsistent with the provisions of this Indenture, as may be required to comply with any law or with any rules or regulations pursuant thereto or with any rules or regulations of any securities exchange or securities regulatory authority or to conform to general usage, all as may be determined by the directors or officers of the Corporation executing such Debentures on behalf of the Corporation, as conclusively evidenced by their execution of such Debentures.

  • Terms of the Purchase Agreement The terms of the Purchase Agreement, including but not limited to Assignor's representations, warranties, covenants, agreements and indemnities relating to the Assumed Liabilities, are incorporated herein by this reference. Assignor acknowledges and agrees that the representations, warranties, covenants, agreements and indemnities contained in the Purchase Agreement shall not be superseded hereby but shall remain in full force and effect to the full extent provided therein. In the event of any conflict or inconsistency between the terms of the Purchase Agreement and the terms hereof, the terms of the Purchase Agreement shall govern.

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