Additional Tendered Notes definition
Additional Tendered Notes means those Exchange Notes validly tendered by any party and accepted by the Company in the Exchange Offer in excess of the aggregate principal amount of the Initial Notes.
Additional Tendered Notes are those Notes validly tendered by any party and accepted by Revlon in the Exchange Offer in excess of the aggregate principal amount of the Initial Notes. --------------------------- --------------------------------------------------------------------------------- USE OF PROCEEDS The net cash proceeds received by Revlon as the M&F Equity Contribution, if any, will be contributed to Products Corporation. Revlon will cause Products Corporation to use any such amounts to reduce outstanding indebtedness, other than revolving indebtedness unless there is a corresponding commitment reduction. Any cash received by Revlon as the M&F Stock Subscription will be used for the cash consideration in the Exchange Offer. --------------------------- --------------------------------------------------------------------------------
Additional Tendered Notes are those Notes validly tendered by any party and accepted by Revlon in the Exchange Offer in excess of the aggregate principal amount of the Initial Notes. USE OF PROCEEDS The net cash proceeds received by Revlon as the M&F Equity Contribution, if any, will be contributed to Products Corporation. Revlon will cause Products Corporation to use any such amounts to reduce outstanding indebtedness, other than revolving indebtedness unless there is a corresponding commitment reduction. Any cash received by Revlon as the M&F Stock Subscription will be used for the cash consideration in the Exchange Offer.
Examples of Additional Tendered Notes in a sentence
The maximum aggregate principal amount of Exchange Notes that may be tendered for cash in the Exchange Offer will be $150 million, which amount will be reduced by the aggregate principal amount of Additional Tendered Notes tendered and exchanged for Class A Common Stock.
The "Aggregate Offering Amount" shall be equal to the positive excess, if any, of $200 million over the sum of (i) the aggregate principal amount of the Additional Tendered Notes, (ii) the M&F Equity Contribution, if any, and (iii) the aggregate proceeds of the Public Rights Offering (such excess, if any, being the "Aggregate Back-Stop Amount").
More Definitions of Additional Tendered Notes
Additional Tendered Notes means those Exchange Notes validly tendered by any Noteholder and accepted by Revlon in the Exchange Offers in excess of the aggregate principal amount of the $155.1 million aggregate principal amount of Exchange Notes to be tendered by Fidelity and the $285.8 million aggregate principal amount of Exchange Notes held by MacAndrews & Forbes as of February 11, 2004 (collectively, the "Initial Notes").