LINN Unsecured Notes definition

LINN Unsecured Notes means, collectively, (a) the LINN 2019 Unsecured Notes, (b) the LINN 2020 Unsecured Notes, and (c) the LINN 2021 Unsecured Notes.
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LINN Unsecured Notes means, collectively, (i) the 6.50% Senior Notes due September 2021 issued pursuant to the Senior Indenture, dated as of September 9, 2014 and First Supplemental Indenture, dated as of September 9, 2014, by and among Wilmington Trust Company, as successor trustee to U.S. Bank, National Association, Linn Energy, LLC, Linn Energy Finance Corp., and the guarantor parties thereto; (ii) the 7.75% Notes due February 2021 issued pursuant to that Indenture, dated as of September 13, 2010 by and among Wilmington Trust Company, as successor trustee to U.S. Bank, National Association, Linn Energy, LLC, Linn Energy Finance Corp., and the guarantor parties thereto; (iii) the 8.625% Notes due April 2020 issued pursuant to that certain Indenture dated as of April 6, 2010; and First Supplemental Indenture, dated as of July 2, 2010 by and among Wilmington Trust Company, as successor trustee to U.S. Bank, National Association, Linn Energy, LLC, Linn Energy Finance Corp., and the guarantor parties thereto; (iv) the 6.25% Senior Notes due November 2019 issued pursuant to that Indenture, dated as of March 2, 2012 by and among Wilmington Trust Company, as successor trustee to U.S. Bank, National Association, Linn Energy, LLC, Linn Energy Finance Corp., and the guarantor parties thereto; and (v) the 6.50% Senior Notes due May 2019 issued pursuant to that certain Indenture, dated as of May 13, 2011 and First Supplemental Indenture, dated as of September 9, 2014, by and among Wilmington Trust Company, as successor trustee to U.S. Bank, National Association, Linn Energy, LLC, Linn Energy Finance Corp., and the guarantor parties thereto (in each case as amended or supplemented from time to time prior to the date hereof).
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Examples of LINN Unsecured Notes in a sentence

  • The LINN Unsecured Notes consist of approximately $3.023 billion outstanding on five series of senior unsecured notes issued under five separate indentures, dated April 6, 2010, September 13, 2010, May 13, 2011, March 2, 2012, and September 9, 2014, among LINN and Linn Energy Finance Corp., as co-issuers; the other LINN Debtors, as guarantors; and the LINN Unsecured Notes Trustee.

  • This included discounted open market and privately-negotiated repurchases of approximately $992 million inprincipal amount of LINN Unsecured Notes during 2015.

  • On May 1, 2016, approximately $18 million in interest payments were due under the 6.25% LINN Unsecured Notes due November 2019 and approximately $9 million in interest payments were due under the 6.75% Berry Unsecured Notes due November 2020.

  • On April 15, 2016, approximately $31 million in interest payments were due under the 8.625% LINN Unsecured Notes due April 2020.

  • The Debtors, however, faced both the expiration of the May 11, 2016, extension of the going-concern defaults and the expiration of a grace period on May 15, 2016, with respect to approximately $31 million of coupon payments on LINN Unsecured Notes.

  • The Debtors also engaged in constructive discussions with holders of LINN Unsecured Notes, but no agreements were reached regarding the terms of a restructuring.

  • The LINN Unsecured Notes Trustee shall hold or direct such distributions for the benefit of the Holders of Allowed LINN Unsecured Notes Claims.

  • Delivery of Distributions on LINN Unsecured Notes Claims.Except as otherwise provided in the Plan or reasonably requested by the LINN Unsecured Notes Trustee, all distributions to Holders of Allowed LINN Unsecured Notes Claims shall be deemed completed when made to the LINN Unsecured Notes Trustee; provided, however, that non-Cash consideration shall not be distributed in the name of the LINN Unsecured Notes Trustee.

  • The LINN Second Lien Notes were issued in exchange for $2.0 billion of then outstanding LINN Unsecured Notes (as defined below).

  • As part of these negotiations, the LINN Debtors solicited and received several “new-money” proposals, from each of (a) the ad hoc group of Holders of LINN Unsecured Notes Claims (the “Ad Hoc Group of LINN Unsecured Noteholders”), (b) the Ad Hoc Group of LINN Second Lien Noteholders, and (c) two third-party potential new money investors (the “First Potential Investor” and “Second Potential Investor,” respectively), among others.

Related to LINN Unsecured Notes

  • 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.

  • Senior Unsecured Notes means, collectively, the: (a) 6.50% Senior Notes due 2016, issued in the original principal amount of $214,800,000 pursuant to the 6.50% Senior Unsecured Notes Indenture; and (b) 5.75% Senior Notes due 2017, issued in the original principal amount of $750,000,000 pursuant to the 5.75% Senior Unsecured Notes Indenture.

  • Unsecured Notes means Notes that either (i) are unsecured at the time of issue pursuant to the relevant Final Terms or (ii) become unsecured in accordance with the conversion mechanism described in Condition 5; and

  • Senior Unsecured Notes Indenture means the Indenture dated as of July 20, 2011 among Xxxxx Fargo Bank, National Association, as trustee, the Borrower, as issuer, and the guarantors party thereto, as the same may be amended or supplemented from time to time.

  • 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.

  • Secured Notes The Class A Notes, the Class B Notes, the Class C Notes, the Class D Notes and the Class E Notes.

  • Unsecured Notes Indenture means the indenture, dated as of July 31, 2015, by and among the Borrower and Wilmington Trust, National Association, as trustee.

  • Senior Secured Notes means the $1,875 million aggregate principal amount of 7.375% Senior Secured Notes due 2023 of the Borrower including, as the same may be amended, supplemented, waived or otherwise modified from time to time, including any senior secured exchange notes issued in lieu thereof.

  • Senior Note Indentures means, collectively, the Senior Note (2020) Indenture, the Senior Note (2021) Indenture, the Senior Note (2022) Indenture and the Senior Note (2023) Indenture.

  • Senior Secured Note Indenture means the Indenture dated as of November 5, 2009, among the Issuers, the Note Guarantors (as defined therein) and The Bank of New York Mellon, as trustee, principal paying agent, transfer agent and registrar, as amended, extended, restructured, renewed, refunded, novated, supplemented, restated, replaced or modified from time to time;

  • Senior Secured Notes Trustee means The Bank of New York Mellon Trust Company, N.A. and its successors and assigns acting as trustee under the Senior Secured Notes Indenture.

  • Senior Notes Trustee means U.S. Bank, National Association, as trustee under the Senior Notes Indenture, and its successors and assigns, and any replacement trustee permitted pursuant to the terms and conditions of the Senior Notes Indenture.

  • Senior Note Indenture the Indenture entered into by Holdings, the Borrower and certain of its Subsidiaries in connection with the issuance of the Senior Notes, together with all instruments and other agreements entered into by Holdings, the Borrower or such Subsidiaries in connection therewith.

  • 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.

  • Senior Secured Notes Documents means the Senior Secured Notes Indenture and the other transaction documents referred to therein (including the related guarantee, the notes and the notes purchase agreement).

  • Senior Notes means $500,000,000 in aggregate principal amount of the Borrower’s 6.75% senior unsecured notes due 2025 issued pursuant to the Senior Notes Indenture on the Closing Date.

  • Subordinated Note Indenture means the Indenture dated as of the Closing Date, among the Borrower, the guarantors party thereto and The Bank of New York, as trustee, pursuant to which the Subordinated Notes are issued, as the same may be amended, supplemented or otherwise modified from time to time to the extent permitted by Section 10.7(b).

  • Second Lien Notes Trustee “Second Lien Noteholder”, “High Yield Agent”, “HY Borrower”, “High Yield Creditor”, “High Yield Lender”, “Unsecured Agent”, “Unsecured Lender”, “Security Agent”, “Security Grantor”, “Senior Agent”, “Senior Arranger”, “Senior Borrower”, “Senior Creditor”, “Senior Guarantor”, “Senior Lender”, “Senior Secured Notes Guarantor”, “Senior Secured Notes Issuer”, “Senior Secured Notes Trustee”, “Senior Secured Noteholder”, “Subordinated Creditor”, “Permitted Affiliate Parent”, the “Company” or any other person shall be construed so as to include its successors in title, permitted assigns and permitted transferees and, in the case of the Security Agent, any person for the time being appointed as Security Agent or Security Agents in accordance with this Agreement;

  • Second Lien Notes has the meaning set forth in the recitals hereto.

  • Existing Senior Secured Notes means the Borrower’s $800,000,000 8.500% Senior Secured Notes due 2019, issued pursuant to the Existing Senior Secured Notes Indenture.

  • Senior Notes Claim means any Claim on account of the Senior Notes. For the avoidance of doubt, each Senior Notes Claim shall be deemed Allowed as of the Effective Date in an amount equal to (i) the principal amount outstanding under the applicable Senior Notes on the Petition Date, including without limitation any accrued interest and fees paid (or payable) in kind through such date, and (ii) all interest accrued and unpaid as of the Petition Date.

  • Convertible Notes has the meaning set forth in the Recitals.

  • New Secured Notes means the $550 million of first lien secured notes to be issued by New Valaris Holdco comprising (i) the Rights Offering New Secured Notes to be issued in the Rights Offering on the terms set forth in the New Secured Notes Term Sheet attached as Exhibit 2 to the Restructuring Term Sheet and the Rights Offering Procedures, (ii) the Holdback Notes to be issued on the terms set forth in the Backstop Agreement,

  • New Senior Notes has the meaning set forth in the recitals hereto.

  • Senior Secured Notes Indenture means the Indenture dated as of April 13, 2016, under which the Senior Secured Notes are issued, as the same may be amended, supplemented, waived or otherwise modified from time to time.

  • Subordinated Notes Indenture means that certain Subordinated Debenture Indenture between DH (f/k/a NGC Corporation) and First National Bank of Chicago, as Debenture Trustee, dated as of May 28, 1997 (as amended, restated and supplemented through the Petition Date).