High Yield Debt definition

High Yield Debt the collective reference to the Borrower's 11% Senior Notes Due 2006 and 12 1/2% Senior Discount Notes Due 2006 and the respective indentures under which such Notes have been issued.

High Yield Debt means any senior unsecured indebtedness for borrowed money in the form of high-yield debt securities for which a Company is directly and primarily obligated and that is issued pursuant to documentation with terms that are no more restrictive upon such Company than the terms of this Agreement.

High Yield Debt means secured or unsecured debt securities issued by the Company or a wholly owned Subsidiary of the Company in a registered public offering or an offering to Qualified Institutional Buyers and/or institutional Accredited Investors under Rule 144A of the Securities Act of at least $50 million after the Series C Closing Date, with or without attached warrants or quasi-equity rights issued by the Company or a Subsidiary of the Company.

Examples of High Yield Debt in a sentence

• For construction turnover or financial data required for each year - Exchange rate prevailing on the lastday of the respective calendar year (in which the amounts for that year is to be converted) was originally established.

• Investment in High Yield Debt SecuritiesNon-investment grade debt securities, also known as “high-yield” debt securities may carry a greater risk of default than higher rated debt securities.

• This Version: November 15, 2012May 12, 2016Last approved: February 14, 2006November 15, 2012 HIGH YIELD DEBT INVESTMENT GUIDELINES The purpose for these performance objectives (“Objectives”) and management guidelines (“Guidelines”) is to clearly state the investment approach, define performance objectives and to control risk in the management of the High Yield Debt allocation of the Fund (“the Program”).

• This section stipulates the requirements for the Listing of High Yield Debt Securities (HYDS).

• Placing Document must fully describe the material risk factors in terms of paragraph 4.9(e) and that Investors of any High Yield Debt Security should ensure that they understand fully the nature of the high yield Debt Security, the extent of their exposure to the risks, and that they consider the suitability of the high yield Debt Security as an investment in the light of their own circumstances and financial position.

More Definitions of High Yield Debt

High Yield Debt means Debt incurred by JustEnergy under or pursuant to any non-convertible notes or debentures issued by JustEnergy to the public (other than Convertible Subordinated Debentures) from time to time (“High Yield Notes”), with characteristics that include, but are not limited to the following:

High Yield Debt has the meaning specified in the Note Purchase Agreement.

High Yield Debt means the issue of high yield debt instruments proposed to be sold by the Seller pursuant to the Debt Offering Memorandum.

High Yield Debt means publicly issued high yield or convertible Indebtedness of the Borrower, which satisfies the following criteria:

High Yield Debt means the $150 million aggregate principal amount of 11.125% Senior Notes due 2013 originally issued under the indenture dated as of the Initial Closing Date, among the Purchaser, as issuer, and JPMorgan Chase Bank, N.A., as trustee, as amended or modified from time to time in accordance with the terms thereof.

High Yield Debt means all Debt of the Parent Guarantor arising under, with respect to, or in connection with the Notes.

High Yield Debt means a debt obligation with a lower credit rating than investment-grade debt.