Senior Exchange Notes definition
Examples of Senior Exchange Notes in a sentence
The title of the Securities of the series established hereby is the “6.625% Senior Exchange Notes due 2040”.
Except as expressly set forth above, the Senior Exchange Notes shall have the same terms as the Senior Rollover Loans.
In connection with any such exchange, the applicable Lender will not, at the time of such exchange or the next Interest Payment Date, be entitled to receive accrued and unpaid interest on such Lender’s Loans being exchanged for Senior Exchange Notes on such date; provided that the Senior Exchange Notes issued to such Lender shall accrue interest from the most recent Interest Payment Date prior to such exchange (even if such date is prior to the first issuance of Senior Exchange Notes).
This Note is one of a duly authorized issue of notes of the Issuer designated as its Senior Exchange Notes due 2015.
Silgan will appoint a trustee reasonably acceptable to the holders of the Senior Exchange Notes.