Examples of New Debt in a sentence
With respect to the New Debt Securities, all references to the Trustee in the Base Indenture shall be understood to be references to the Trustee, unless the context requires otherwise.
For the avoidance of doubt, the failure by the Issuer to make any timely payments due under the Senior Debt shall constitute an event of default (however described) under the Terms and Conditions and the New Debt Documents and the unpaid amount shall carry default interest in accordance with the relevant Debt Document.
Pursuant to the Indenture, the Company hereby appoints the Trustee as Trustee under the Indenture with respect to the New Debt Securities, and only with respect to the New Debt Securities, and vests in and confirms with the Trustee all rights, powers, trusts, privileges, duties and obligations of the Trustee under the Indenture solely with respect to the New Debt Securities, and not with respect to any other series of Securities (including the Notes).
The Company hereby appoints the Trustee as Paying Agent and Registrar upon whom notices and demands may be served, in each case, with respect to the New Debt Securities.
This entire First Supplemental Indenture constitutes a part of the Base Indenture (the provisions of which, as modified by this First Supplemental Indenture, shall apply to the New Debt Securities) in respect of the New Debt Securities, and shall not modify, amend or otherwise affect the Base Indenture insofar as it relates to any other series of Securities (including the Notes) or affect in any manner the terms and conditions of such Securities.