First Lien Notes definition

First Lien Notes means, collectively, the: (a) 11.25% Senior Secured Notes due 2017, issued in the aggregate principal amount of $2,095,000,000 pursuant to the 11.25% First Lien Notes Indenture; (b) 8.50% Senior Secured Notes due 2020, issued in the original principal amount of $1,250,000,000 pursuant to the 8.50% First Lien Notes Indenture; and (c) 9.00% Senior Secured Notes due 2020, issued in the aggregate principal amount of $3,000,000,000 pursuant to the 9.00% First Lien Notes Indentures.

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First Lien Notes means the 8.000% first lien secured notes due April 1, 2027, issued by Frontier pursuant to the First Lien Notes Indenture.

First Lien Notes senior secured debt securities of the Borrower or a Guarantor (including any such debt securities (i) issued by a Person that subsequently becomes a Guarantor or (ii) issued as unsecured debt securities that subsequently become secured by a Lien) that were either issued or assumed by the Borrower or a Guarantor (including as a result of the guarantee of existing debt securities issued by a Person who was not a Guarantor at the time such debt securities were issued) (a) that are not guaranteed by any Subsidiary of the Borrower that is not a Guarantor, (b) that are not secured by a Lien on any assets of the Borrower or any of the Subsidiaries that does not constitute Collateral, (c) except in the case of debt securities issued or assumed in connection with the Acquisition Transactions, the terms of which do not provide for any scheduled repayment, mandatory redemption (except as provided in the succeeding clause (d)) or sinking fund obligations prior to the Term B Maturity Date; provided that the requirements of this clause (c) shall not apply to Indebtedness in an aggregate principal amount outstanding at any time (which shall exclude any Indebtedness existing under this Agreement on the Restatement Effective Date and any Incremental Term A Loans incurred following the Restatement Effective Date) not to exceed 2.0x Annualized Operating Cash Flow, calculated in the manner contemplated by Section 1.2(f) as if any Investment pursuant to which such Indebtedness was incurred occurred on the first day of the applicable Test Period, for the most recent fiscal quarter for which financial statements have been delivered pursuant to Section 6.1(a) or (b) prior to such Indebtedness becoming First Lien Notes, (d) except in the case of debt securities issued in connection with the Acquisition Transactions, the terms of which do not require the Borrower or any of its Subsidiaries to repurchase, repay or redeem such debt securities (or make an offer to do any of the foregoing) upon the happening of any event (other than as a result of an event of default thereunder or pursuant to customary “change of control” provisions or asset sale offers) prior to the Term B Maturity Date; provided that the requirements of this clause (d) shall not apply to Indebtedness assumed by the Borrower or a Guarantor or issued by a Person who was not a Guarantor at the time such debt securities were issued in an aggregate principal amount outstanding at any time not to exceed 2.0x Annualized Ope...

Examples of First Lien Notes in a sentence

Nothing in this Section 7.1 shall obligate the First Lien Notes Collateral Agent to make any such credit decision beyond that which is required by the First Lien Notes Indenture.
In connection with the entry into the Initial Term Loan Facility Agreement, the First Lien Notes Indenture and the Third ABL RCF Amendment, the Revolving Credit Collateral Agent, the Initial Term Loan Collateral Agent, the First Lien Notes Collateral Agent and the Original Initial Term Loan Collateral Agent desire to amend and restate the Existing Intercreditor Agreement in its entirety as set forth herein.
BANK OF AMERICA, N.A., as Initial Term Loan Collateral Agent By: Name: Title: Authorized Signatory solely in its capacity as First Lien Notes Collateral Agent By: Name: Title: BANK OF AMERICA, N.A., as Revolving Credit Collateral Agent By: Name: Title: WILMINGTON TRUST, NATIONAL ASSOCIATION, as Original First Lien Notes Collateral Agent By: Name: Title: as Original Initial Term Loan Collateral Agent By: Name: Title: By: Name: Title: By: Name: Title: By: Name: Title: [FORM OF] JOINDER AGREEMENT NO.
Subject to Section 2.5, the parties hereto agree that it is their intention that the Revolving Credit Collateral and the Fixed Asset Facility Collateral (excluding, for the avoidance of doubt, any Real Estate Asset) be identical; provided, however, that the foregoing shall not apply to the First Lien Notes Documents or Additional Fixed Asset Documents solely to the extent the First Lien Notes Documents or Additional Fixed Asset Documents, as applicable, expressly do not require such collateral.

More Definitions of First Lien Notes

First Lien Notes means the 8.25% senior secured notes due 2017 issued pursuant to the First Lien Notes Indenture.

First Lien Notes means $800,000,000 in aggregate principal amount of senior first lien secured notes due 2026 issued by the Lead Borrower on the Closing Date.

First Lien Notes means, collectively, the 8.00% First Lien Notes and the 9.50% First Lien Notes.

First Lien Notes means the notes issued pursuant to the First Lien Notes Indenture.

First Lien Notes means, collectively, the 6.625% First Lien Notes, the 10.000% First Lien Notes, and the 10.375% First Lien Notes.

First Lien Notes means, individually or collectively, as the context may require, (i) the 10.500% First Lien Notes due 2029; (ii) the 10.500% Senior Secured Notes due 2030; (iii) the 10.750% First Lien Notes due 2030; and (iv) the 11.000% First Lien Notes due 2029.

First Lien Notes means the 7.265% Senior Secured Notes due January 15, 2020 issued pursuant to the Indenture dated as of February 2, 2012 among The Bank of New York Mellon Trust Company, N.A., as trustee, Holdings, the Borrower and the other Loan Parties party thereto, as amended, restated, supplemented or otherwise modified from time to time in accordance with the requirements thereof and of this Agreement.