1998 Subordinated Notes definition

1998 Subordinated Notes has the meaning ascribed to it in the definition of Subordinated Debt.
1998 Subordinated Notes means the 12% Senior Subordinated Notes Due 2007 in an aggregate outstanding principal amount not to exceed $120,000,000 issued by the Company and governed by the terms of the 1998 Subordinated Note Indenture.
1998 Subordinated Notes means Borrower's 8 7/8% Senior Subordinated Notes due 2008, issued by Borrower in the aggregate principal amount of $100,000,000 under the 1998 Indenture.

Examples of 1998 Subordinated Notes in a sentence

  • The Borrower agrees that it shall immediately notify the Administrative Agent if it receives a notice of default from the trustee under the 1998 Indenture or the Senior Unsecured Notes Indenture or from any holder of 1998 Subordinated Notes or Senior Unsecured Notes.

  • The holders of the 1996 Subordinated Notes, the 1998 Subordinated Notes and the 2001 Subordinated Note shall have waived, in form and substance satisfactory to the Agent, any default under Section 8O of the Note and Warrant Purchase Agreement with respect to the period ending September 30, 2001.

  • The Company will not, and will not permit any Restricted Subsidiary to, either directly or indirectly, voluntarily redeem, retire or otherwise pay or defease prior to their scheduled maturity, or accelerate the maturity of, the 1998 Subordinated Notes or the New Subordinated Notes.

  • The Company will not permit any Indebtedness (other than the Indebtedness incurred hereunder or under any other the Loan Document) to constitute "Senior Debt" (or any other similar term) under the 1998 Subordinated Notes Documents, without the consent of the Required Lenders.

  • The Company shall have issued the 1998 Subordinated Notes on terms and conditions satisfactory to the Agent for gross proceeds of not less than $15,000,000.

  • The obligations of each Guarantor under the Guaranty constitute “Guarantor Senior Debt” under and defined in each such guaranty of the 1996 Subordinated Notes and the 1998 Subordinated Notes.

  • The obligations of the Company hereunder constitute "Senior Debt" under and as defined in the documents governing the 1996 Subordinated Notes and the 1998 Subordinated Notes.

  • The obligations of the Company hereunder constitute “Senior Debt” under and as in the documents governing the 1996 Subordinated Notes and the 1998 Subordinated Notes.

  • The Borrowers shall have received not less -------------------------- than $100,000,000 as proceeds of the issuance of the 1998 Subordinated Notes.

  • The holders of the 1996 Subordinated Notes, the 1998 Subordinated Notes and the 2001 Subordinated Note shall have waived, in form and substance satisfactory to the Agent, any default under Section 8O of the Note and Warrant Purchase Agreement with respect to the period ended June 30, 2001.


More Definitions of 1998 Subordinated Notes

1998 Subordinated Notes means the 10% Senior Subordinated Notes due ----------------------- 2008 of the Company issued in accordance with the terms contained in the Offering Memorandum in an aggregate principal amount outstanding on the Closing Date not to exceed $100,000,000. The 1998 Subordinated Notes shall include the notes issued pursuant to the Exchange Offer.
1998 Subordinated Notes means the $15,000,000 10.09% Senior Subordinated Notes of the Company due 2008 issued pursuant to the Note and Warrant Purchase Agreement. Net Cash Proceeds means
1998 Subordinated Notes means subordinated notes of the Borrower in the aggregate principal amount of $300,000,000 issued pursuant to the 1998 Subordinated Note Indenture and any "exchange securities" issued in exchange for such subordinated notes pursuant to the 1998 Subordinated Note Indenture.
1998 Subordinated Notes means the 10.09% Senior Subordinated Notes of the Company due 2008 issued pursuant to the Note and Warrant Purchase Agreement.’
1998 Subordinated Notes means Senior Subordinated Notes issued by Genesis pursuant to the 1998 Subordinated Note Indenture in an aggregate principal amount not to exceed $125,000,000.