Existing Senior Secured Notes definition

Existing Senior Secured Notes means the Borrower’s $800,000,000 8.500% Senior Secured Notes due 2019, issued pursuant to the Existing Senior Secured Notes Indenture.

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Existing Senior Secured Notes means the Company’s $250,000,000 aggregate principal amount of 6.65% Senior Secured Notes due June 19, 2022.

Existing Senior Secured Notes means the Company’s 11.125% Senior Secured Notes due 2012 and its 10.5% Senior Secured Notes due 2013.

Examples of Existing Senior Secured Notes in a sentence

• Notwithstanding anything to the contrary, a Restricted Subsidiary shall not be permitted to be designated as an Unrestricted Subsidiary if such Subsidiary does not substantially concurrently constitute or will not substantially concurrently constitute an “Unrestricted Subsidiary” under the Existing Senior Secured Notes Indenture.

• Notwithstanding any of the foregoing, in all circumstances a Note Guarantee shall only be released if (1) the relevant Guarantor has delivered to the Trustee an Officer’s Certificate and an Opinion of Counsel, each stating that all conditions precedent provided for in this Indenture relating to such transaction have been complied with and (2) such Guarantor is released from its guarantees of the Senior Credit Facility, the Existing Senior Secured Notes and the Existing Senior Notes, as applicable.

• The proceeds of the Incremental B-4 Dollar Term Loans shall be applied to redeem the Existing Senior Secured Notes, and to pay fees and expenses in connection with the foregoing.

• In connection with the Borrower’s entry into this Agreement, the Administrative Agent is authorized to enter into the Intercreditor Agreement establishing the relative rights of the Secured Parties and the Existing Senior Secured Notes Secured Parties with respect to the Shared Collateral and certain related matters.

• For the avoidance of doubt, this Agreement and the security interest granted herein shall not be construed to secure the Existing Senior Secured Notes.

More Definitions of Existing Senior Secured Notes

Existing Senior Secured Notes means the Existing Euro Senior Secured Notes and the Existing Dollar Senior Secured Notes.

Existing Senior Secured Notes means, collectively, the 2020 Senior Secured Notes, the 2025 Senior Secured Notes and the 2027 Senior Secured Notes.

Existing Senior Secured Notes means the 8.875% Senior Secured Notes due 2018 issued by Hexion Finance Escrow LLC and Hexion Escrow Corporation and assumed by the Issuer (as successor issuer by merger to Hexion U.S. Finance Corp.) and Hexion Nova Scotia Finance, ULC.

Existing Senior Secured Notes means the 9.25% senior secured notes due 2017 issued pursuant to the Indenture, dated as of December 18, 2009, among the Company, the guarantors party thereto and U.S. Bank National Association, as Trustee.

Existing Senior Secured Notes means those certain (i) senior secured convertible notes, issued from time to time, pursuant to the Securities Purchase Agreement, dated as of August 15, 2022, by and among the Company and FF Simplicity Ventures LLC, as such may be amended, modified, waived and/or supplemented, as applicable, from time to time and (ii) secured convertible notes, issued from time to time, pursuant to certain Securities Purchase Agreement, dated as of September 5, 2024, by and among the Company and certain investors party thereto, as such may be amended, modified, waived and/or supplemented, as applicable, from time to time.

Existing Senior Secured Notes. ’ means, collectively, the Existing 2023 Euro Notes, the Existing 2022 Euro Notes and the Existing 2022 Sterling Notes;

Existing Senior Secured Notes means the Existing 2023 Senior Secured Notes and the Existing 2026 Senior Secured Notes, collectively.