Existing Senior Notes Redemption definition
Examples of Existing Senior Notes Redemption in a sentence
For avoidance of doubt, the last sentence of subsection 2.4A(ii)(e)(2)(C) shall not apply to amounts reserved to the Existing Senior Notes Redemption Sublimit pursuant to this Section 1.
Except as permitted by the previous sentence, amounts in the Existing Senior Notes Redemption Sublimit may not be reborrowed.
The proceeds of Term Loan B will be used to repay the outstanding principal of the original Term Loan made on May 8, 1995 (as increased to $15,000,000 on March 20, 1996 and decreased to $6,000,000 on May 24, 1999), with the excess proceeds to be used to pay $15,000,000 of the Existing Senior Notes Redemption Price.
For the avoidance of doubt, on the Restatement Date, the Revolving Loan Commitments hereunder shall not be subject to any "Existing Senior Notes Redemption Sublimit" (as defined in the Original Credit Agreement) then in effect under the Original Credit Agreement.
The Borrower will, on the Existing Senior Notes Redemption Date, cause the Existing Senior Notes Redemption to occur and the Existing Senior Notes Indenture to be satisfied and discharged in accordance with the terms of Section 11.1 thereof.