Fungible Notes definition

Fungible Notes means notes that are issued with identical terms to the Notes (except for the Issue Price and the first payment of interest) and are, or are to be, consolidated with the existing Notes so as to form a single series.
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Fungible Notes means an issue of further bonds or notes that have, when issued, the same terms and conditions as an existing Series of Notes in all respects (or in all respects except for the first payment of interest therein) and that are consolidated and form a single series with such existing Series of Notes.
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Examples of Fungible Notes in a sentence

  • Any Fungible Notes will be constituted and secured by a further Drawdown Deed and such further security will be consolidated with the existing Secured Property so that such consolidated Secured Property secures both such existing Notes and the Fungible Notes, even if this means that new security is given over the Secured Property for the existing Notes (as well as for the Fungible Notes).

  • The Republic has pledged its full faith and credit for the due and punctual payment of all amounts due in respect of the Notes.

  • For example, Fungible Notes may be issued by the Issuer at a later date subject to the same terms and conditions as the Notes, the holders of which will also benefit from the Pledge of Shares (even though it is expected that the proceeds of the Fungible Notes will be invested in further GlobalCapital Shares).

  • The New Notes will bear the temporary common code 046540298 until the Exchange Date, when such temporary common code will be exchanged for the permanent common code 043788523 (being the same common code as for the Original Notes and the Fungible Notes).

  • Admission to listing: The Original Notes are listed on the Irish Stock Exchange and application has been made to the Irish Stock Exchange for the Fungible Notes and the New Notes to be admitted to the official list and trading on its regulated market.

  • Application has been made to the Irish Stock Exchange for the Fungible Notes and the New Notes to be admitted to the official list and trading on its regulated market.

  • Admission to trading and listing:Application has been made by the Issuer (or on its behalf) for Tranche 3 of the Notes to be admitted to trading on the Global Exchange Market of Euronext Dublin and to listing on the official list of Euronext Dublin with effect from on or around the Issue Date of the Fungible Notes.

  • Moreover, the Issuer reserves the right to issue Fungible Notes from time to time (each issue by means of a separately approved prospectus), which Fungible Notes will also be backed by the same Eligible Assets comprising the Asset Pool from time to time.

  • One way to remedy the persistence of paternalism and attempts to re-colonize Africa is to accelerate and deepen continental integration and uphold the norms and principles of democratic governance.

  • Reasons for the offer: The net proceeds of the issue of the Notes, comprising the net proceeds of the Original Notes, the net proceeds of the Fungible Notes and the net proceeds of the New Notes will amount to EUR 6,000,000.

Related to Fungible Notes

  • 2016 Notes means the aggregate principal amount of US$460,000,000 of 4.25% Convertible Senior Notes Due 2016 issued pursuant to the 2016 Note Indenture.

  • 2028 Notes means those 6.500% Senior Notes due 2028 issued by the Borrower in an aggregate principal amount of $400,000,000 pursuant to the 2028 Notes Documents.

  • 2019 Notes has the meaning set forth in the definition of “2018 Exchange Offers”.

  • Eligible Note(s means (a) Note(s) meeting the eligiblity criteria set out in § 204.12 hereof.

  • 2011 Notes means those certain notes issued pursuant to the Note Purchase Agreement dated as of March 22, 2011 among the Company and the purchasers named in Schedule A thereto.

  • Exchange Notes means the Notes issued in the Exchange Offer pursuant to Section 2.06(f) hereof.

  • 2015 Notes means the 8.375% senior notes due 2015 in the principal amounts of $615 million and €500 million issued pursuant to the 2015 Notes Indenture.

  • 2017 Notes means the aggregate principal amount of US$600,000,000 of 6.25% Guaranteed Senior Notes Due 2017 issued pursuant to the 2017 Note Indenture.

  • New Notes shall have the meaning assigned to such term in Section 32.

  • 2018 Notes means the Company’s 7.75% Senior Subordinated Notes due 2018 issued under the Indenture dated December 14, 2010 among the Company, Holdings and the subsidiary guarantors from time to time party thereto and The Bank of New York Mellon Trust Company, N.A., as Trustee.

  • MAC Notes The Classes of Modifiable And Combinable STACR® Notes shown on

  • 2021 Notes means the 4.700% Senior Notes due 2021, originally issued by Ensco plc (now Valaris), a public limited company organized under the laws of England and Wales.

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.

  • Existing Unsecured Notes the Borrower’s 11.5% Senior Notes due 2018, issued pursuant to the Existing Unsecured Indenture, outstanding on the Closing Date or subsequently issued in exchange for or in respect of any such notes.

  • Notes shall have the meaning assigned to such term in the recitals.

  • 2014 Notes means (i) the 4.850% Senior Secured Notes due 2024 issued by the Issuer on March 18, 2014 and (ii) the 4.45% Senior Secured Notes due 2025 and the 5.45% Senior Secured Notes due 2034 issued by the Issuer on August 21, 2014.

  • Permitted Notes means (i) unsecured senior or senior subordinated debt securities of the Borrower, (ii) debt securities of the Borrower that are secured by a Lien on the Collateral ranking junior to the Liens securing the Obligations pursuant to a Second Lien Intercreditor Agreement or (iii) debt securities of the Borrower that are secured by a Lien ranking pari passu with the Liens securing the Obligations pursuant to a First Lien Intercreditor Agreement; provided that (a) in the case of debt securities issued in reliance on Section 7.03(s)(iii), such debt securities are issued for cash consideration, (b) the terms of such debt securities do not provide for any scheduled repayment, mandatory redemption or sinking fund obligations prior to the Maturity Date of the Term Facility (other than customary offers to repurchase upon a change of control, asset sale or event of loss and customary acceleration rights after an event of default), (c) the covenants, events of default, guarantees, collateral and other terms of which (other than interest rate and redemption premiums), taken as a whole, are not more restrictive to the Borrower and the Restricted Subsidiaries than those in this Agreement; provided that a certificate of a Responsible Officer of the Borrower delivered to the Administrative Agent at least three Business Days (or such shorter period as the Administrative Agent may reasonably agree) prior to the incurrence of such debt securities, together with a reasonably detailed description of the material terms and conditions of such debt securities or drafts of the documentation relating thereto, stating that the Borrower has determined in good faith that such terms and conditions satisfy the foregoing requirement shall be conclusive evidence that such terms and conditions satisfy the foregoing requirement, (d) at the time that any such Permitted Notes are issued (and after giving effect thereto) no Event of Default shall exist, (e) the Borrower shall be in compliance with the covenants set forth in Section 7.11 determined on a Pro Forma Basis as of the last day of the most recently ended Test Period for which financial statements were required to have been delivered pursuant to Section 6.01(a) or (b), as applicable (or if no Test Period cited in Section 7.11 has passed, the covenants in Section 7.11 for the first Test Period cited in such Section shall be satisfied as of the last four quarters ended), in each case, as if such Permitted Notes had been outstanding on the last day of such four quarter period, and (f) no Subsidiary of the Borrower (other than a Guarantor) shall be an obligor and no Permitted Notes shall be secured by any collateral other than the Collateral.

  • 2022 Notes means the 4.875% Senior Notes due 2022, originally issued by Rowan Companies, Inc., a Delaware corporation.

  • 2024 Notes means the 7.000% Senior Notes due 2024, issued pursuant to the 2024 Indenture.

  • Initial Notes means the first $500,000,000 aggregate principal amount of Notes issued under this Indenture on the date hereof.

  • Original Notes means the Initial Notes and any Exchange Notes issued in exchange therefor.

  • 2020 Notes means the 6.875% Senior Notes due 2020, issued by Pride International LLC, a Delaware limited liability company.

  • 2023 Notes means the 6 7/8% Notes due 2023 issued by NTL pursuant to the 1988 Indenture.

  • 2012 Notes means the 5.125% Senior Secured Notes due 2022 issued by the Issuer on July 2, 2012.

  • A Notes means each Note that has a designation starting with “A”, either individually or in the aggregate as the context may require.

  • Rated Notes means the Class A Notes, the Class B Notes, the Class C Notes, the Class D Notes and the Class E Notes.