Additional Subordinated Notes definition

Additional Subordinated Notes means the subordinated notes of the Company that may be issued to the Property Trustee as provided in Section 2.7(c).

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Additional Subordinated Notes has the meaning specified in the Stock Purchase Contract Agreement.

Additional Subordinated Notes means the additional senior subordinated promissory notes issued pursuant to Section 5(d)(vi) of the Warrant in the form of Exhibit A to the Warrant.

Examples of Additional Subordinated Notes in a sentence

• The Company may, from time to time, without the consent of the Holders of the Subordinated Notes of this series, issue Additional Subordinated Notes having the same ranking and same interest rate, Maturity, redemption terms and other terms, except for the price to the public and issue date and first Interest Payment Date, as the Subordinated Notes of this series.

• The Company (or its agents) shall withhold and backup withhold any tax as required by law from any payment and from any distribution of Additional Subordinated Notes made under the terms of this Agreement.

• Notwithstanding the foregoing, the consent of the Senior Lenders shall not be required for the issuance by the Borrower of the Warrant Shares or Conversion Shares or Additional Subordinated Notes in accordance with the terms of the Subordinated Debt Documents.

• This Agreement shall terminate on the earlier to occur of the following: (i) absolutely as to all parties upon the consummation of the Initial Public Offering, or (ii) absolutely as to all parties upon the consummation of the sale of Real Media Europe pursuant to Section 10 hereof.

• In the case of the Borrower, within 90 days following the initial Borrowing, enter into Interest Rate Protection Agreements, with counterparties and on terms and conditions reasonably satisfactory to the Administrative Agent, pursuant to which the interest rate is fixed with respect to a notional amount equal to at least 50% of the sum of (a) the Loans, (b) the Existing Term Loans and (c) the Senior Subordinated Notes and any Additional Subordinated Notes outstanding on such date.

More Definitions of Additional Subordinated Notes

Additional Subordinated Notes means the Subordinated Notes issued on the Refinancing Date.

Additional Subordinated Notes means subordinated notes issued from time to time by Terex, or assumed in connection with a Permitted Acquisition, after the Effective Date; provided that (a) such subordinated notes do not require any scheduled payment of principal prior to a date that is 12 months after the Term Loan Maturity Date (or, if later, the Incremental Term Loan Maturity Date of any Other Term Loans that are outstanding on the date of issuance of such Additional Subordinated Notes) and (b) the subordination provisions and other non-pricing terms and conditions of such subordinated notes are no less favorable to the Lenders than the analogous provisions of the Existing Senior Subordinated Notes.

Additional Subordinated Notes means subordinated notes issued from time to time by Terex, or assumed in connection with a Permitted Acquisition, after the Restatement Closing Date; provided that (a) such subordinated notes do not require any scheduled payment of principal prior to a date that is 12 months after the Term Loan Maturity Date and (b) the subordination provisions and other non-pricing terms and conditions of such subordinated notes are no less favorable to the Loan Parties and the Lenders than the analogous provisions of the Existing Senior Subordinated Notes.

Additional Subordinated Notes means subordinated notes issued from time to time by the Borrower, or assumed in connection with a Permitted Acquisition; provided that (a) except in the case of Additional Subordinated Notes assumed in connection with a Permitted Acquisition, the Net Cash Proceeds thereof are used either (i) to finance one or more Permitted Acquisitions or (ii) to prepay Loans in accordance with Section 2.13(c), (b) such subordinated notes do not require any scheduled payment of principal prior to a date that is 12 months after the Maturity Date and (c) the subordination provisions and other non-pricing terms and conditions of such subordinated notes are no less favorable to the Loan Parties and the Lenders than the analogous provisions of the Senior Subordinated Notes.

Additional Subordinated Notes means an aggregate of $12.0 million of Borrower's 15% Junior Subordinated Notes due 2010 issued pursuant to the Additional Subordinated Notes Agreement (plus the amount of any interest paid in kind which may be added to the principal of such Subordinated Notes)."

Additional Subordinated Notes means Subordinated Debt consisting of up to $10,000,000 of Borrower’s Secured Subordinated Convertible Promissory Notes issued by Borrower after the Effective Date on substantially the same terms as set forth in that certain Subordinated Convertible Note and Warrant Purchase Agreement dated April 9, 2010 by and among Borrower and the “Lenders” (as defined therein) and which is subject to subordination provisions in favor of Agent and the Lenders on substantially the same terms as the provisions of the Subordination Agreement.

Additional Subordinated Notes means any subordinated notes issued by the Borrower pursuant to an indenture with subordination terms at least as favorable to the Lenders as the indenture with respect to the Senior Subordinated Notes as confirmed by the Administrative Agent in its reasonable judgment.