New Third Out Notes definition
New Third Out Notes means each of (i) the Company’s 6.00% cash & 0.75% PIK First Lien Notes due 2031 and (ii) Parent’s 6.00% cash & 0.75% PIK First Lien Notes due 2031, in each case, issued under the applicable New Third Out Notes Indenture on the Effective Date, plus the amount of any PIK Interest issued thereon pursuant to the terms of the applicable New Third Out Notes Indenture as in effect on the Effective Date.
New Third Out Notes means those 6.00% cash/0.75% PIK first lien third out senior secured notes due 2031 issued by the Borrower under the New Third Out Notes Indenture.