Examples of Company Senior Notes in a sentence
In the Exchange Offer, the number of shares of Parent Common Stock and the aggregate principal amount of Parent Senior Notes to be issued in exchange for each $1,000 principal amount of outstanding Company Senior Notes will vary depending on the aggregate principal amount of Company Senior Notes validly tendered pursuant to the Exchange Offer.
In addition, the Company shall use its reasonable best efforts to solicit, as directed by the Parent and at the Parent's expense, acceptance of the Exchange Offer by holders of Company Senior Notes and Convertible Notes.
At least 95% in aggregate principal amount of each of the Senior Company Notes and the Convertible Notes shall have properly and validly tendered and not withdrawn their Company Senior Notes and Convertible Notes, respectively, and consented to the consent solicitation, in each case in accordance with the terms of the Agreement to Exchange and Consent, a copy of which is attached as Exhibit C hereto.
Calculations of share amounts for such purpose will be rounded down with respect to each holder to the nearest whole share and no fractional shares of Parent Common Stock will be issued for the Company Senior Notes.
The Parent Company filed for bankruptcy on February 26, 1999, and filed a Joint Plan of Reorganization on March 25, 1999, that was approved by the Company Senior Notes and TOPrS holders.