Floating Notes definition

Floating Notes means the Series A Notes, the Additional Floating Rate Notes and the Exchange Notes into which the Series A Notes and the Additional Floating Rate Notes (if any) are exchanged.
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Floating Notes means the promissory notes evidencing the Floating Loans of even date herewith substantially in the form of Exhibit B-2 hereto and all promissory notes delivered in substitution or exchange therefor, in each case as the same may be modified, Converted, amended or expended from time to time.
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Floating Notes any Additional Floating Notes.
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Examples of Floating Notes in a sentence

  • Interest on the Floating Notes accrued during a calendar month shall be due and payable in accordance with Section 8.

  • Any prepayment of the Floating Notes shall be subject to and include the LIBOR Premium.

  • The Floating Notes are prior in order of principal payment to the Class A-9 Notes, interest on the Class A-9 Notes are paid pari passu and principal on the Class A-9 Notes are paid pari passu, in lots of $50,000, with the Class A Auction Rate Notes, and the Class A-9 Notes are senior to the Class B Notes, as and to the extent provided in the Indenture.

  • Interest on the unpaid principal of the Floating Notes shall be calculated on the basis of the actual days elapsed in a year consisting of 360 days.

  • On the Redemption Date, the Borrower shall (x) redeem all of the then outstanding Existing Floating Notes and (y) pay all accrued and unpaid interest thereon and accrued and unpaid liquidated damages owing pursuant to the registration rights agreements relating to the Existing Floating Notes, in each case pursuant to, and in accordance with the terms of, the Existing Floating Notes Indenture and such registration rights agreements (collectively, the “Existing Floating Notes Redemption”).

  • Any such election shall be with respect to any or all of the then outstanding Floating Notes and shall be made in full and not in part.

  • Purchaser shall recompute the principal and interest payments required under Section 8.1(b) based on the outstanding principal balance on the Floating Notes and the Fixed Rate, and the Company shall thereafter make principal and interest payments on such Notes equal to such amount.

  • The duration of the Interest Period selected shall be the same for all then outstanding Floating Notes.

  • If the Company elects to have the Floating Notes accrue interest at the Fixed Rate, the Company shall so notify Purchasers in the Interest Option Notice (which election shall be irrevocable) and immediately following the then current Interest Period, the Floating Notes shall thereafter accrue interest at the Fixed Rate, and the Floating Notes shall for all purposes be deemed Fixed Notes.

  • On each Payment Date thereafter while the Floating Notes are outstanding, commencing July 1, 1997, the Borrowers shall make a payment on the Floating Notes, in immediately available funds, in an amount equal to $416,666 of principal plus accrued and unpaid interest thereon.


More Definitions of Floating Notes

Floating Notes means the Senior Floating Notes and the Junior Floating Notes.
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