Initial Senior Noteholders definition

Initial Senior Noteholders means the Senior Noteholders who are parties to the Issuer Note Issuance Facility Agreement dated the Signing Date.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Initial Senior Noteholders means, collectively, the Initial Note A-1 Holder, the Initial Note A-2 Holder, the Initial Note A-3 Holder, the Initial Note A-4 Holder, the Initial Note A-5 Holder, the Initial Note A-6 Holder, the Initial Note A-7 Holder, the Initial Note A-8 Holder, the Initial Note A-9 Holder and the Initial Note A-10 Holder.

Initial Senior Noteholders shall have the meaning assigned to such term in the recitals.

Examples of Initial Senior Noteholders in a sentence

• Each Junior Noteholder acknowledges that it has, independently and without reliance upon the Initial Senior Noteholders, except with respect to the representations and warranties provided by the Initial Senior Noteholders herein, and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to purchase the applicable Junior Note and such Junior Noteholder accepts responsibility therefor.

• The Person in whose name a Note is so registered shall be deemed and treated as the sole owner and holder thereof for all purposes of this Agreement, except in the case of the Initial Senior Noteholders and the Initial Junior Noteholders who may hold their Notes through a nominee.

• The Note B Holder acknowledges that it has, independently and without reliance upon the Initial Senior Noteholders, except with respect to the representations and warranties provided by the Initial Senior Noteholders herein, and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to purchase the Note B Holder and the Note B Holder accepts responsibility therefor.

• Each of the Initial Senior Noteholders represents and warrants that it is duly organized, validly existing, in good standing and possession of all Initial licenses and authorizations necessary to carry on its business.

• The Person in whose name a Note is so registered shall be deemed and treated as the sole owner and holder thereof for all purposes of this Agreement, except in the case of the Initial Senior Noteholders and the Initial Junior Noteholder who may hold their Notes through a nominee.

• Upon receipt of the Initial Senior Advance Drawdown Notice, each of the Initial Senior Noteholders shall pay, or procure payment of, the subscription price for the Senior Note which it is subscribing (being an amount equal to 100 per cent.

• The Person in whose name a Note is so registered shall be deemed and treated as the sole owner and holder thereof for all purposes of this Agreement, except in the case of the Initial Senior Noteholders and the Junior Noteholder who may hold their Notes through a nominee.

• The Note A-2 Holder acknowledges that it has, independently and without reliance upon the Initial Senior Noteholders, except with respect to the representations and warranties provided by the Initial Senior Noteholders herein, and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to purchase the Note A-2 Holder and the Note A-2 Holder accepts responsibility therefor.

More Definitions of Initial Senior Noteholders

Initial Senior Noteholders shall have the meaning assigned to such term in the preamble to this Agreement.

Initial Senior Noteholders shall have the meanings assigned to such terms in the preamble.

Initial Senior Noteholders means the Initial A-1 Holders.

Initial Senior Noteholders means, individually or collectively as the context requires, the Initial A-1 Holder, Initial A-2 Holder or Initial A-3 Holder.

Initial Senior Noteholders. Litigation Recovery Amount” means the difference between the Avoidance Recoveries received by the Debtors through and including the Effective Date and the Initial Administrative and Priority Claims Litigation Recovery Amount.