Additional Noteholder definition
Examples of Additional Noteholder in a sentence
If the amount necessary to complete the distributions referred to in this paragraph (b) exceeds Additional Noteholder Collections for such Payment Date, the Available Subordinated Amount shall be further reduced (but not below zero) by the amount of such excess, but not by more than the sum of (x) the Noteholder Defaulted Amount and (y) the Monthly Dilution Amount.
The Available Subordinated Amount will be reduced by the amount of Additional Noteholder Collections applied in accordance with the preceding sentence.
The ABL Agent, the Term Agent and the Additional Noteholder Agent acknowledge that the Existing Indenture Obligations may be replaced or refinanced, and Additional Notes and/or Exchange Notes (as such terms are defined in the Existing Indenture) may be issued under the Existing Indenture, without notice to or consent by the other Representatives and without affecting the provisions hereof.
The Additional Noteholder makes all of the representations and warranties set forth in Section 7 of the Letter Agreement to the Company as of the date of this Joinder (other than Section 7(c)) and the Company hereby agrees that upon execution of this Joinder, the Additional Noteholder shall have all rights and obligations stated in the Letter Agreement applicable to a Noteholder, with the same force and effect as if the undersigned was an original party to the Letter Agreement.
For the avoidance of doubt, a Transfer Certificate, Additional Noteholder Accession Deed or Increase Confirmation shall not be invalidated by any failure of a Noteholder to comply with this Clause 16.5.
If the Required Subordination Draw Amount exceeds the Additional Noteholder Collections for such Payment Date, the Series 2000- 1 Available Subordinated Amount shall be further reduced by the amount of such excess, but not by more than the sum of (x) the Noteholder Default Amount and (y) the amount of unpaid Adjustment Payments allocated to Series 2000-1 as described in Section 4.05(a)(vi).
Any Additional Noteholder Collections remaining after application thereof pursuant to the first or second preceding sentence, as applicable, shall be treated as a portion of Noteholder Principal Collections for such Payment Date, but only up to the amount of unpaid Adjustment Payments allocated to Series 2000-1 as described in Section 4.05(a)(vi).
Notices and other communications provided for under the Intercreditor Agreement to be provided to the Additional Noteholder Agent shall be sent to the address set forth below its name on the signature page hereto (until notice of a change thereof is delivered as provided in Section 10.9 of the Intercreditor Agreement).
This Agreement shall become effective (x) as to the Initial Noteholder Parties on such date that holders of at least 34% of the outstanding principal amount of the Convertible Notes execute this Agreement and (y) as to an Additional Noteholder Party upon the execution and delivery of a Joinder Agreement by such Additional Noteholder Party (the “Effective Date”).
If the amount necessary to complete the distributions referred to in this paragraph (b) exceeds Additional Noteholder Collections for such Payment Date, the Available Subordinated Amount shall be further reduced (but not below zero) by the amount of such excess, but not by more than the sum of (x) the Noteholder Default Amount and (y) the amount of unpaid Adjustment Payments allocated to the Series 200_-_ Notes.