EPL Notes definition

EPL Notes means the 8.25% Senior Notes due 2018 issued by EPL pursuant to that certain Indenture, dated as of February 14, 2011, by and among EPL, certain of EPL’s subsidiaries, as guarantors, and Delaware Trust Company, as successor trustee to U.S. Bank National Association.
Sample 1
EPL Notes means EPL’s 8.25% notes due 2018 outstanding on the Issue Date.
Sample 1
EPL Notes means EPL’s 11 3/4% senior notes due 2013.
Sample 1

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.

Related to EPL Notes

  • 2028 Notes has the meaning specified in the recitals of this First Supplemental Indenture.

  • 2011 Notes means those certain notes issued pursuant to the Note Purchase Agreement dated as of March 22, 2011 among the Company and the purchasers named in Schedule A thereto.

  • 2014 Notes means (i) the 4.850% Senior Secured Notes due 2024 issued by the Issuer on March 18, 2014 and (ii) the 4.45% Senior Secured Notes due 2025 and the 5.45% Senior Secured Notes due 2034 issued by the Issuer on August 21, 2014.

  • New Notes shall have the meaning assigned to such term in Section 32.

  • 2016 Notes means the aggregate principal amount of US$460,000,000 of 4.25% Convertible Senior Notes Due 2016 issued pursuant to the 2016 Note Indenture.

  • 2019 Notes has the meaning set forth in the definition of “2018 Exchange Offers”.

  • 2022 Notes means the 4.875% Senior Notes due 2022, originally issued by Rowan Companies, Inc., a Delaware corporation.

  • 2015 Notes means the 8.375% senior notes due 2015 in the principal amounts of $615 million and €500 million issued pursuant to the 2015 Notes Indenture.

  • 2017 Notes means the aggregate principal amount of US$600,000,000 of 6.25% Guaranteed Senior Notes Due 2017 issued pursuant to the 2017 Note Indenture.

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.

  • MAC Notes The Classes of Modifiable And Combinable STACR® Notes shown on

  • Notes shall have the meaning assigned to such term in the recitals.

  • Initial Notes has the meaning set forth in the recitals hereto.

  • 2012 Notes means the 5.125% Senior Secured Notes due 2022 issued by the Issuer on July 2, 2012.

  • 2021 Notes means the 4.700% Senior Notes due 2021, originally issued by Ensco plc (now Valaris), a public limited company organized under the laws of England and Wales.

  • 2018 Notes means the Company’s 7.75% Senior Subordinated Notes due 2018 issued under the Indenture dated December 14, 2010 among the Company, Holdings and the subsidiary guarantors from time to time party thereto and The Bank of New York Mellon Trust Company, N.A., as Trustee.

  • Bridge Notes means the series of notes, of which this Note is a part, dated on or about the date hereof, each of which are identical, other than the date of the Note, identity of the Holder and principal amount of this Note.

  • 2020 Notes means the 6.875% Senior Notes due 2020, issued by Pride International LLC, a Delaware limited liability company.

  • Senior Notes means $500,000,000 in aggregate principal amount of the Borrower’s 6.75% senior unsecured notes due 2025 issued pursuant to the Senior Notes Indenture on the Closing Date.

  • A Notes means each Note that has a designation starting with “A”, either individually or in the aggregate as the context may require.

  • Seller Notes means any promissory note or notes issued by the Borrower or a Restricted Subsidiary of the Borrower in respect of any acquisition permitted hereunder as consideration in connection with such acquisition, but that is not in the nature of an earn-out obligation or similar deferred or contingent obligation.

  • Original Notes means the Initial Notes and any Exchange Notes issued in exchange therefor.

  • Convertible Notes has the meaning set forth in the Recitals.

  • PIK Notes means additional Notes issued under this Indenture on the same terms and conditions as the Notes issued on the Closing Date in connection with the payment of PIK Interest.

  • Holdco Notes means the $1,000,000,000 aggregate principal amount of 11 1/2% Senior PIK Notes due 2016 issued by Holdings.

  • 2013 Notes means the 4.375% Senior Secured Notes due 2023 and the 5.950% Senior Secured Notes due 2043 issued by the Issuer on March 18, 2013.