CC Notes definition
Examples of CC Notes in a sentence
NTL CC has informed the Agent that (a) it wishes to pursue a proposed restructuring, readjustment, rescheduling and/or reorganisation of NTL CC (the "PROPOSED RECAPITALISATION") (in particular in respect of its debts and other obligations) and (b) in connection with the Proposed Recapitalisation it intends to commence and progress negotiations (the "NTL CC NEGOTIATIONS") with one or more of the holders (the "NTL CC NOTEHOLDERS") of the NTL CC Notes and/or their representatives.
The Parent has informed the Agent that (a) it wishes to pursue a proposed restructuring, readjustment, rescheduling and/or reorganisation of the Parent (the "PROPOSED RECAPITALISATION") (in particular in respect of its debts and other obligations) and (b) in connection with the Proposed Recapitalisation it intends to commence and progress negotiations (the "NTL CC NEGOTIATIONS") with one or more of the holders (the "NTL CC NOTEHOLDERS") of the NTL CC Notes and/or their representatives.
The Company Parties shall use their best efforts to collect, and enforce the payment and collection of, all amounts owing to it under the C&C Notes and its rights under the security and other agreements, instruments or documents relating thereto, and shall not amend, supplement or otherwise modify the terms of any C&C Note or such other documents without the prior written consent of the Purchaser.
Nothing in this Twentieth Supplemental Indenture or in the Series CC Notes, express or implied, shall give to any Person, other than the parties hereto and their successors hereunder and the Holders, any benefit or any legal or equitable right, remedy or claim under this Twentieth Supplemental Indenture.
The terms of the Series CC Notes contained in such form are hereby incorporated herein by reference and are made a part of this Twentieth Supplemental Indenture.
The Depositary for any Global Securities of the series of which the Series CC Notes are a part shall be The Depository Trust Company, New York, New York.
Section 401 of the Original Indenture shall not apply to the Series CC Notes.
The use of the terms and expressions herein is in accordance with the definitions, uses and constructions contained in the Original Indenture and the form of the Series CC Notes attached hereto as Exhibit A.
If a change of control repurchase event occurs, the issuer will be required, subject to certain conditions, to make an offer to repurchase the Series CC Notes at a price equal to 101% of the principal amount of the Series CC Notes, plus accrued and unpaid interest to the date of repurchase.
The Series CC Notes shall be issued initially in the form of a Global Security.