Non-Tendered Notes definition
Non-Tendered Notes means any outstanding Existing Senior Subordinated Notes not validly tendered or validly tendered and subsequently withdrawn pursuant to the Tender Offer.
Non-Tendered Notes shall have the meaning assigned to such term in the recitals hereto.
Non-Tendered Notes the approximately 1.12% (Euro 2,240,00 in principal amount) of notes originally issued under the Senior Subordinated Note Indenture, the holders of which are contractually obligated pursuant to the Restructuring Agreement to tender such notes to Borrower but, as of December 31, 2002, have failed to tender such notes.
Examples of Non-Tendered Notes in a sentence
Tender Agent shall hold in trust for the Registered Owners of the Non-Tendered Notes the purchase price thereof, and after the Mandatory Tender Date such Registered Owners will no longer be entitled to any of the benefits of this Indenture except for the payment of such purchase price.
Upon a Change of Control occurring on or prior to December 31, 2024, all Notes then outstanding that are not tendered to a Note Offer ("Non-Tendered Notes") shall be automatically converted into Common Shares at the Non-IPO Conversion Price then in effect (a "Change of Control Conversion").
Replacement Notes for the Non-Tendered Notes may be remarketed and delivered to new Registered Owners as instructed by Borrower or Remarketing Agent.
More Definitions of Non-Tendered Notes
Non-Tendered Notes has the meaning ascribed to such term in Section 4.07 hereof.