Prepetition Second Lien Notes definition

Prepetition Second Lien Notes means the 8.500% Second Lien Secured Notes due 2026 issued under the Prepetition Second Lien Notes Indenture and outstanding on the Closing Date.

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Prepetition Second Lien Notes means the 5% voluntary convertible senior secured notes due 2024 issued pursuant to the Prepetition Second Lien Notes Indenture.

Prepetition Second Lien Notes means the 10% Second Lien Secured Senior Notes due 2021 issued pursuant to the Prepetition Second Lien Indenture.

Examples of Prepetition Second Lien Notes in a sentence

Each Holder of an Allowed Prepetition Second Lien Notes Claim will be entitled to vote to accept or reject the Plan.
In the event of any conflict between the terms of the Post-Petition Intercreditor Arrangement and the Prepetition Intercreditor Agreement, the Loan Documents, the Prepetition First Lien Loan Documents, the Prepetition Second Lien Loan Documents, Prepetition Second Lien Notes Documents, the terms of the Post-Petition Intercreditor Arrangement shall govern and control.
Pursuant to the Second Lien Notes Documents, the Prepetition Second Lien Notes Indebtedness is secured by valid, binding, non-avoidable, properly perfected, and enforceable second-priority security interests in and liens on the Prepetition Collateral held by the Prepetition Second Lien Parties pursuant to the Second Lien Notes Documents (the “Prepetition Second Lien Notes Liens” and, together with the Prepetition First Priority Liens, the “Prepetition Liens”).
As a result of a September 2016 exchange offer and a December 2017 exchange, the Debtors reduced the outstanding amount of the Prepetition Second Lien Notes and as of the Petition Date, $9,427,000 of the Prepetition Second Lien Notes, plus any accrued and unpaid interest, remains outstanding.
On September 14, 2018, PetroQuest, PQE, and TDC entered into a Forbearance Agreement with the Prepetition Term Loan Agent and the Prepetition Term Loan Lenders whereby the Prepetition Term Loan Agent and the Prepetition Term Loan Lenders agreed to forbear from taking any action with respect to certain anticipated events of default under the Prepetition Term Loan Agreement as a result of the non-payment by PetroQuest of interest on the Combined Prepetition Second Lien Notes.

More Definitions of Prepetition Second Lien Notes

Prepetition Second Lien Notes means, collectively, the Prepetition 2024 Second Lien Notes and the Prepetition 2025 Second Lien Notes.

Prepetition Second Lien Notes means the 12.75% Senior Secured Notes due 2018 issued by A.M. Castle pursuant to the Prepetition Second Lien Indenture.

Prepetition Second Lien Notes means the 1.0%/8.0% senior secured notes due 2020 issued pursuant to the Prepetition Second Lien Indenture.

Prepetition Second Lien Notes means the 5.00% guaranteed convertible senior secured notes due 2018 in an initial aggregate principal amount of $225,000,000 issued by the Borrower on January 11, 2016.

Prepetition Second Lien Notes means (i) the 15% senior secured second lien notes due April 1, 2021 and (ii) the 15% senior secured second lien notes due April 1, 2021, Series B issued by Borrower and TCEH Finance, Inc. under the Prepetition Second Lien Indenture and any notes issued in connection therewith (or increases thereto) resulting from payment of interest in kind and any notes issued in exchange therefor having the same economic terms, including guarantees thereof by the guarantors thereof.

Prepetition Second Lien Notes means the $304,400,000 12% second lien notes due 2018 issued on February 17, 2011 under the Prepetition Second Lien Indenture as part of the Units and any notes issued in connection therewith (or increases thereto) resulting from payment of interest in kind and any notes issued in exchange therefor having the same economic terms, including guarantees thereof by the Guarantors.

Prepetition Second Lien Notes means the 8.500% Second Lien Secured Notes due 2026 issued under that certain Indenture, dated March 19, 2018 (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, the “Prepetition Second Lien Notes Indenture”), by and among the Issuer, the guarantors party thereto, Wilmington Savings Fund Society, FSB (as successor to The Bank of New York Mellon), as trustee and collateral agent outstanding on the Issue Date. The Prepetition Second Lien Notes and any guarantees thereof shall not constitute Subordinated Indebtedness for any purpose under this Indenture.