Compliant Notes definition
Compliant Notes means securities issued directly by the Issuer or issued indirectly by the Issuer and guaranteed by the Issuer (on a subordinated basis equivalent to the subordination set out in Conditions 3 and 4 and in the Trust Deed) that:
Compliant Notes means securities that comply with the following (which compliance has been certified to the Trustee in a certificate signed by two authorized signatories of the Issuer and delivered to the Trustee prior to the relevant substitution or variation):
Compliant Notes means, in relation to the Notes, securities issued directly by the Issuer:
More Definitions of Compliant Notes
Compliant Notes means notes or securities that comply with the Notes Major Terms (as defined in the Priority Agreement) or which comply with the Notes Major Terms except to the extent that such notes or securities benefit from no or less financial support or no or less security than is specified in paragraph (f) or (g) (as the case may be) of the definition of Notes Major Terms. Confidentiality Undertaking means a confidentiality undertaking substantially in the form as set out in Schedule 11 (Form of Confidentiality Undertaking) or in any other form agreed between KDG and the Facility Agent. Consolidated EBITDA, Consolidated Total Interest Payable, Consolidated Total Net Interest Payable, Consolidated Senior Borrowings and Consolidated Senior Net Borrowings each has the meaning given to it in Subclause 18.3 (Financial covenants definitions).