an Unsecured Note definition

an Unsecured Note. [Insert for double tranche Unsecured Notes: “a Component Unsecured Note”] to be redeemed, the prevailing market yield per annum of the benchmark U.S. Treasury Security having a remaining maturity, as of such redemption date, that most closely corresponds to the stated maturity of such [Insert for double tranche Unsecured Notes: “Component”] Unsecured Note. The Treasury Rate shall be calculated on the third (3rd) Business Day preceding such redemption date.
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Examples of an Unsecured Note in a sentence

  • Effective as of the open of business on the Exchange Date, each outstanding share of Series [C] Preferred Stock shall, automatically and without the act of any Holder, be exchanged, out of funds legally available therefor, for an Unsecured Note having a principal amount equal to the Liquidation Preference Amount of such share.

  • As soon as practicable after the Effective Date, each holder of an Unsecured Note Claim (other than holders of 13.75% Senior Secured Note Guaranty Claims) shall surrender its note(s) to the relevant Indenture Trustee or agent, or in the event such note(s) are held in the name of, or by a nominee of, the DTC, the Reorganized Debtors shall seek the cooperation of the DTC to provide appropriate instructions to the Indenture Trustees or agent.

  • On and after the Exchange Date, each outstanding share of Series [C] Preferred Stock shall cease to be outstanding, dividends on such share shall cease to accrue, and all rights of the Holder(s) of such share shall terminate with respect to such share, other than the right to receive, upon delivery of such share to the Corporation or its registrar, an Unsecured Note having a principal amount equal to the Liquidation Preference Amount of such share in exchange therefor.

  • Borrower’s name ▇▇▇▇▇▇’s name Loan terms Borrowed amount ($) Interest rate (%) Repayment period Late Fees (if any) Co-signer (if any) Prepayment penalty (if any) How to Make an Unsecured Note (3 steps) Repayment Type Fees and Default Conclude Agreement Step 1 – Repayment Type The most important aspect of an unsecured promissory note is how the money will be paid back to the lender.

  • Only a Holder of an ALOC Facility Claim as of the Record Date or an Unsecured Note Claim as of the ATOP Date who timely and properly submits all documentation and required payments to the Subscription Agent in accordance with the procedures set forth herein may be deemed eligible to participate in the Rights Offering.

  • Unsecured Non-Note Claim Any Unsecured Claim that is not an Unsecured Note Claim.

  • The Buyer hereby agrees that if it intends to issue an Unsecured Note that has any changes from the form attached hereto as Annex I to this Agreement other than the insertions of the applicable date, the principal amount and the identity and address of the related holder, the Buyer shall obtain prior written consent of the Applicable Parties to such change prior to issuing such Unsecured Note.

Related to an Unsecured Note

  • Existing Unsecured Notes the Borrower’s 11.5% Senior Notes due 2018, issued pursuant to the Existing Unsecured Indenture, outstanding on the Closing Date or subsequently issued in exchange for or in respect of any such notes.

  • Unsecured Notes means any senior unsecured notes, subordinated unsecured notes or senior subordinated unsecured notes, in each case, issued by the Borrower or a Guarantor in one or more transactions.

  • Senior Unsecured Notes means the $725,000,000 in aggregate principal amount of the Borrower’s Senior Unsecured Notes due 2029 issued pursuant to the Senior Unsecured Notes Indenture.

  • Secured Note means each promissory note with a related security interest evidenced by written agreement, pursuant to which the purchase of specified assets by an Obligor or End-User is financed for specified monthly, quarterly, semiannual or annual payments.

  • Senior Secured Note Indenture means the Indenture dated as of 5 November 2009, among the Issuers, the Note Guarantors (as defined therein) and The Bank of New York Mellon, as trustee, principal paying agent, transfer agent and registrar, as amended, extended, restructured, renewed, refunded, novated, supplemented, restated, replaced or modified from time to time.