Senior Notes definition

Senior Notes shall have the meaning assigned to such term in the recitals.
Senior Notes means (a) senior notes and/or senior PIK notes (the “PIK Notes”) with a stated maturity no earlier than seven and one-half years after the Original Closing Date to be issued in connection with the refinancing or exchange of the Senior Interim Loans in sales pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended, under the Senior Notes Indenture or Senior Interim Loan Agreement, as applicable, in each case together with interest, fees and all other amounts payable in connection therewith, generating aggregate gross proceeds of up to $6,500,000,000 plus the aggregate amount of fees, underwriting discounts, premiums and other costs and expenses incurred in connection with such refinancing (less the amount of any Senior Interim Loans and Senior Interim PIK Loans that remain outstanding after the issuance of the Senior Notes), and (b) any modification, replacement, refinancing, refunding, renewal or extension thereof that constitutes Permitted Additional Debt.

Examples of Senior Notes in a sentence

  • Schlumberger entered into cross-currency swaps for an aggregate notional amount of$1.1 billion in order to hedge changes in the fair value of its $0.5 billion 2.20% Senior Notes due 2020 and its$0.6 billion 2.65% Senior Notes due 2022.

  • The issue allowed us to replace the outstanding $250 million of 6.5% Senior Notes due in 2024, and $550 million of 7.375% Senior Notes due in 2025.

  • The Senior Notes are unsecured senior obligations that are equal in right of payment to all of our existing and future senior unsecured indebtedness.

  • Chicago Stock Exchange6.500% Senior Notes due 2048BC-ANew York Stock Exchange6.625% Senior Notes due 2049BC-BNew York Stock Exchange6.375% Senior Notes due 2049BC-CNew York Stock ExchangeCommon stock, par value $0.75 per share BC New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.

  • Senior Notes and Subordinated NotesOn May 15, 2007, the Bank issued 5.70% senior notes, due June 1, 2012, in an aggregate principal amount of $250.0 million and 6.05% subordinated notes, due June 1, 2017, in an aggregate principal amount of $250.0 million (collectively, the “Notes”).


More Definitions of Senior Notes

Senior Notes means $400,000,000 in aggregate principal amount of the Borrower’s senior unsecured notes due 2019 and any Registered Equivalent Notes having substantially identical terms and issued pursuant to the Senior Notes Indenture in exchange for the initial, unregistered senior unsecured notes.
Senior Notes means the Borrower’s 7-1/8% Senior Notes due 2013, issued pursuant to the Senior Note Indenture, as in effect on the Effective Date and as the same may be amended, modified or supplemented from time to time in accordance with the terms hereof and thereof.
Senior Notes shall have the respective meanings set forth in the recitals to this Supplemental Indenture and the paragraph preceding such recitals.
Senior Notes. 6.75% Senior Notes due 2023 of the Borrower issued on the date hereof, as the same may be exchanged for substantially similar senior notes that have been registered under the Securities Act, and as the same or such substantially similar notes may be amended, supplemented, waived or otherwise modified from time to time.
Senior Notes means (a) the Existing Senior Notes and (b) any senior or senior subordinated notes issued by any Credit Party in one or more transactions; provided that (i) the terms of such senior notes do not provide for any scheduled repayment, mandatory redemption (including any required offer to redeem) or payment of a sinking fund obligation prior to the date that is one year after the Maturity Date (except for any offer to redeem such senior notes required as a result of asset sales or the occurrence of a “Change of Control” under and as defined in the Indenture), (ii) the terms and conditions of such senior notes are, taken as a whole, substantially the same as those set forth in the Existing Senior Notes, (iii) the non-default interest rate on the outstanding principal balance of such senior notes does not exceed the prevailing market rate then in effect for similarly situated credits at the time such senior notes are issued, (iv) such senior notes are unsecured, (v) no Subsidiary of any Borrower is required to Guarantee the Indebtedness evidenced by such senior notes unless such Subsidiary is (or concurrently with any such Guarantee becomes) a Guarantor hereunder, and (vi) the subordination provisions of any senior subordinated notes are reasonably satisfactory to the Administrative Agent and the Majority Lenders.
Senior Notes means Notes specified in the applicable Pricing Supplement as senior notes (including the Senior Guaranteed Notes);
Senior Notes has the meaning assigned in the Recitals.