Examples of EPL Notes in a sentence
Unlike real estate taxes, there is no comparable two-stage process with respect to license taxes, which typically are due each month and at a previously specified rate.
Moreover, the Debtors acknowledge that the EPL Notes were trading at only 70 cents on the dollar at the time (indicating that the market believed EPL, and each individual EPL subsidiary which had guaranteed those notes was insolvent), id., and elsewhere, as previously described, admit that no third-party lender would have made a similar subordinated loan to EPL at the time.
As used in this Waiver, the term “Specified Condition” means the failure of EPL to pay interest due on the 2012 EPL Notes on February 15, 2016 and thereafter.
But even if they were right, the holders of the EGC Second Lien Notes have no claim at all against EPL; EPL did not guarantee the repayment of those notes—indeed, under the indenture for the EPL Notes, EPL could not do so.
Showing that internal labor markets are an important instrument to mobilize workers within groups supports our view that internal labor markets can be a source of competitive advantage when labor is rigid.Table 6: Internal Managerial Mobility by Group Characteristics and EPL Notes: This table provides direct evidence of intra‐firm managerial mobility within corporate groups.
EPL and its subsidiaries were excluded because covenants in the indenture for the EPL Notes prevented EPL from guaranteeing, or granting liens on its assets to secure, EGC debt.
The Plan is not fair and equitable with respect to the holders of the EPL Notes for a number of reasons.
The funded debt obligations of EPL and its subsidiaries consists primarily of approximately (i) $99 million under a First Lien Credit Agreement, and (ii) $214 million in principal amount of the EPL Notes.
The second paper, “Emergency Managers' Views on Improving Defense Support/Military Assistance to Civil Authorities (DSCA/MACA) Education Programs,” examined how local emergency managers believed that DSCA education could be improved.
By instead structuring EGC’s funding to pay down EPL’s obligations on the First Lien Credit Agreement purportedly as a secured “loan,” EPL and the Second Lien Noteholders hoped to circumvent the terms of the EPL Notes and give the Second Lien Noteholders priority rights—over EPL’s own creditors—to EPL’s assets.