Secondary Notes definition

Secondary Notes has the meaning set forth in Section 2.02 (b) hereof.

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Secondary Notes shall have the meaning provided in Section 1.

Secondary Notes is defined to mean the additional Notes issued in lieu of cash payment of any or all of the interest due on any Interest Payment Date occurring prior to February 15, 2005; upon issuance, Secondary Notes shall be deemed "Notes" for all purposes under this Indenture.

Examples of Secondary Notes in a sentence

• Notes (other than Secondary Notes) may not be surrendered for combination into a Note with a principal amount that is not $1,000 or an integral multiple thereof.

• No payments, in cash or otherwise, will be made in respect of any fractional denomination amounts to which Holders would otherwise be entitled (including, without limitation, in respect of interest paid in the form of Secondary Notes); provided, however, that a Holder's entitlement to such Secondary Notes in denominations of (Euro)1.00 or integral multiples thereof shall be calculated on the basis of the aggregate principal amount of Notes registered in such Holder's name on the relevant Record Date.

• Each issuance of Secondary Notes in lieu of the payment of interest in cash on the Notes shall be made pro rata with respect to the outstanding Notes, and the Issuer shall have the right to aggregate amounts of interest payable in the form of Secondary Notes to a Holder of outstanding Notes and issue to such Holder a single Secondary Note in payment thereof.

• Any Secondary Notes so issued (a) shall be dated the applicable Interest Payment Date, (b) shall bear interest from and after such date, (c) shall be governed by, and be subject to, the terms, provisions and conditions of this Indenture and (d) shall entitle the Holder thereof to the same rights and benefits as Notes previously issued.

• Subject to Sections 6.04 and 6.07 hereof, the Holders of a majority in aggregate principal amount of the Notes (including, without limitation, Secondary Notes, if any) then outstanding voting as a single class may waive compliance in a particular instance by the Company with any provision of this Indenture or the Notes.

More Definitions of Secondary Notes

Secondary Notes means those Notes issued at the Second Closing pursuant to the option, in such principal amount as set forth in Schedule 1.01.

Secondary Notes has the meaning specified in Section 1.

Secondary Notes has the meaning set forth in Section 2.15.

Secondary Notes is defined in Section 9.8.

Secondary Notes means the up to US$3,990,000 principal amount of Notes that are issued by the Corporation on the Second Closing Date; such Notes having a Conversion Price at the time of issue of US$1.33, subject to amendment pursuant to the terms of this Indenture;

Secondary Notes means the payment in kind notes issued as payment for certain interest and fees in respect of the Overadvance Term Loan and outstanding payment in kind notes previously issued, which payment in kind notes shall become part of the Junior Secured Debt Facility upon the Effective Date.

Secondary Notes means the $50,000,000 in aggregate principal amount of the Company's 9 1/4% Senior Notes due 2004, issued pursuant to the Secondary Indenture on January 29, 1998.