Examples of Existing Senior Notes Indentures in a sentence
The subordination provisions contained in the Existing Senior Notes Indentures are enforceable against (i) the U.S. Subsidiary Guarantors party thereto, and (ii) the holders of the Existing Senior Notes.
The Parent and the Borrower will not, and will not permit any other Subsidiary to, create, incur, assume or permit to exist any Indebtedness secured by a Lien (other than the Secured Obligations and, subject to the Intercreditor Agreement, the Permitted Second Lien Indebtedness) on any Restricted Property that would utilize any of the Lien Basket Amount under the Existing Senior Notes Indentures (that permits Liens on Restricted Property without equally and ratably securing the Existing Senior Notes).
Furthermore, the provisions of this Section 1.06 shall not apply to, or limit the secured amount of Obligations of any Loan Party other than Endo and any of its Restricted Subsidiaries (as defined in the Existing Senior Notes Indentures).
For the avoidance of doubt, the Term Lenders are extending their Term Loans on the Effective Date, and the Borrower is incurring the Indebtedness evidenced by the Term Loans on the Effective Date, in reliance upon and in accordance with the Existing Senior Notes Indentures as in effect on the Effective Date, including calculations of Consolidated Net Tangible Assets and Consolidated Assets (in each case, as defined in the applicable Existing Senior Notes Indentures) as of March 31, 2016.
Within 60 days following the Initial Borrowing Date, Holdings and the U.S. Borrower shall have consummated the Post-Closing Refinancing in accordance with the relevant Existing Senior Notes Indentures, the Refinancing Documents therefor and all applicable laws.