New Senior Subordinated Notes definition

New Senior Subordinated Notes means any notes issued after the Restatement Effective Date in accordance with the requirements of Section 7.01(b).

New Senior Subordinated Notes means the Borrower's Senior Subordinated Notes Due 2009 issued pursuant to the New Senior Subordinated Note Indenture and any notes issued by the Borrower in exchange for, and as contemplated by, the New Senior Subordinated Notes with substantially identical terms as the New Senior Subordinated Notes.

New Senior Subordinated Notes means the 10-3/4% Senior Subordinated Notes due July 15, 2008 of the Borrower in the aggregate principal amount of $200,000,000.

Examples of New Senior Subordinated Notes in a sentence

• Without limiting the generality of the foregoing, except for Guarantees by Restricted Subsidiaries of the Company required by the Senior Subordinated Notes Indentures, any New Senior Subordinated Notes Indenture, any New Senior Notes Indenture or the Senior Notes Indentures, as the case may be, the Company will not permit any Restricted Subsidiary to Guarantee any other Subordinated Indebtedness without the prior consent of the Required Lenders.

• The Exchange Offer shall be on the appropriate form permitting registration of the New Senior Subordinated Notes to be offered in exchange for the Senior Subordinated Notes that are Transfer Restricted Securities and to permit sales of Broker-Dealer Transfer Restricted Securities by Restricted Broker-Dealers as contemplated by Section 3(c) below.

• The Trustee shall, upon written order of the Company signed by an Officer, authenticate New Senior Subordinated Notes for original issuance in exchange for a like principal amount of Senior Subordinated Notes exchanged in the Exchange Offer or otherwise exchanged for New Senior Subordinated Notes pursuant to the terms of the Registration Rights Agreement.

• The New Senior Subordinated Notes and the corresponding Senior Trust Certificates cannot be transferred, sold or otherwise disposed of separately.

• On the Initial Distribution Date, New TAC will issue the New Senior Subordinated Notes in accordance with the Plan without further act or action under applicable law, regulation, rule or order.

More Definitions of New Senior Subordinated Notes

New Senior Subordinated Notes means the Company's 9 1/4% Senior Subordinated Notes due 2008, which will be issued in exchange for the Company's Senior Subordinated Notes.

New Senior Subordinated Notes. The Company's 10% Senior Subordinated ----------------------------- Notes due 2004, Series D, to be issued pursuant to the Indenture (i) in the Exchange Offer or (ii) upon the request of any Holder of Senior Subordinated Notes covered by a Shelf Registration Statement, in exchange for such Senior Subordinated Notes.

New Senior Subordinated Notes means U.S. Borrower’s 9.0% Senior Subordinated Notes due 2012 issued on August 27, 2004 pursuant to the New Senior Subordinated Note Indenture and any registered notes issued by U.S. Borrower in exchange for, and as contemplated by, such notes with substantially identical terms as such notes.

New Senior Subordinated Notes means unsecured Indebtedness of the Borrower evidenced by senior subordinated notes issued on the First Amendment Acquisition Effective Date, which Indebtedness (i) has a final maturity no earlier than the final maturity of the Senior Subordinated Notes, (ii) has a weighted average life to maturity greater than or equal to the weighted average life to maturity of the Senior Subordinated Notes, (iii) does not (x) add guarantors or obligors different from those under (or required under) the Senior Subordinated Notes or (y) provide for security, (iv) contains terms and conditions (including, without limitation, with respect to amortization, redemption, covenants, defaults, voting rights, remedies and subordination provisions) identical to (or, from the perspective of the Lenders, more favorable than) than those applicable to the Senior Subordinated Notes and (v) shall be governed by documentation reasonably satisfactory to the Administrative Agent, as such Indebtedness may be amended, modified or supplemented from time to time in accordance with the terms hereof and thereof. As used herein, the term "New Senior Subordinated Notes" shall include any New Exchange Senior Subordinated Notes issued pursuant to the New Senior Subordinated Note Indenture in exchange for theretofore outstanding New Senior Subordinated Notes, as contemplated by the definition of New Exchange Senior Subordinated Notes. The issuance of New Senior Subordinated Notes shall be deemed to be a representation and warranty by the Borrower that all conditions thereto have been satisfied in all material respects and that same is permitted in accordance with the terms of this Agreement, which representation and warranty shall be deemed to be a representation and warranty for all purposes hereunder, including, without limitation, Sections 6 and 10.

New Senior Subordinated Notes shall also include any “exchange notes” issued in respect of such outstanding New Senior Subordinated Notes in accordance with the requirements of the relevant New Senior Subordinated Note Documents, so long as in respect of outstanding New Senior Subordinated Notes, such “exchange notes” are substantially identical to the New Senior Subordinated Notes in respect of which same were issued and so long as the issuance of such “exchange notes” does not result in any increase to the principal amount of New Senior Subordinated Notes outstanding.

New Senior Subordinated Notes means the Senior Subordinated Notes issued pursuant to the New Senior Subordinated Note Indenture, as amended, modified and supplemented from time to time to the extent permitted under this Agreement.

New Senior Subordinated Notes means new 13% unsecured senior subordinated notes, substantially in the form annexed hereto as Exhibit G, in the initial aggregate principal amount of $35 million subject to section 6.12 of the Plan, due 2010, to be issued by New Pliant pursuant to the New Senior Subordinated Notes Indenture in the event that the Holders of Old Note Claims do not receive the Tack-On Notes pursuant to section 3.2(g)(i).