Senior Notes Redemption definition

Senior Notes Redemption means the redemption of the Senior Notes on or about the Amendment and Restatement Effective Date in an aggregate principal amount equal to $140,000,000.

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Senior Notes Redemption means either (1) the prepayment, redemption or purchase of all of the Senior Notes in full, together with the payment of any premium and accrued interest thereon to the date of redemption, or (2) notice for redemption or repayment of all of the Senior Notes shall have been given in accordance with the Senior Notes Indenture and proceeds sufficient to redeem or repay in full the Senior Notes and pay any premium and accrued interest to the date of redemption shall have been deposited with the trustee under the Senior Notes Indenture in satisfaction and discharge thereof in accordance with its terms, in either case with the proceeds of extensions of credit under the Term Facility Credit Agreement and cash on hand of the Borrower.

Senior Notes Redemption the mandatory redemption of the Senior Notes required by the Senior Notes Indenture with respect to the Mandatory Redemption Event (as defined in the Senior Notes Indenture).

Examples of Senior Notes Redemption in a sentence

Notwithstanding anything to the contrary contained in this Agreement, the Credit Parties are permitted to redeem the Senior Notes pursuant to the Qualifying Senior Notes Redemption.
Except as set forth below, the portion of the Revolving Loan Commitments reserved to the Existing Holdings Senior Notes Redemption Sublimit under the preceding sentence may be used solely to redeem, repurchase or otherwise repay Existing Holdings Senior Notes due 2005, and, so long as the outstanding principal amount of the Existing Holdings Senior Notes due 2005 is $75,000,000 or less, to redeem, repay or otherwise repurchase Existing Holdings Senior Notes due 2007.
Notwithstanding anything to the contrary in the Credit Documents, the Lenders hereby consent to (i) the redemption of the Senior Notes by the Borrower pursuant to a Qualifying Senior Notes Redemption, (ii) the payment of the Qualifying IPO Payment and (iii) the redemption by Holdings of all preferred stock of Holdings pursuant to a Qualifying Preferred Stock Redemption.
Notwithstanding anything to the contrary in the Credit Documents, the Lenders hereby consent to (i) the redemption of the Senior Notes by the Company pursuant to a Qualifying Senior Notes Redemption, (ii) the payment of the Qualifying IPO Payment and (iii) the redemption by Holdings of all preferred stock of Holdings pursuant to a Qualifying Preferred Stock Redemption.
The Company hereby agrees to consummate a Qualifying Senior Notes Redemption concurrently with the consummation of a Qualifying IPO.
The Borrower hereby agrees to consummate a Qualifying Senior Notes Redemption concurrently with the consummation of a Qualifying IPO.
The first sentence of Section 9.08 is hereby amended and restated to read as follows: “The Borrower will not permit the proceeds of the Loans to be used (i) for any purpose other than those permitted by Section 7.21, (ii) to Redeem any Senior Notes or any Permitted Refinancing Debt in respect thereof except Loans in a principal amount not to exceed the Available Senior Notes Redemption Amount at such time or (iii) to Redeem any Second Lien Loans or any Permitted Refinancing Debt in respect thereof.
For avoidance of doubt, the last sentence of subsection 2.4A(ii)(e)(2)(C) shall not apply to amounts reserved to the Existing Senior Notes Redemption Sublimit pursuant to this Section 1.
Upon, but only to the extent of, any prepayment of the Term Loans pursuant to this clause (3), the Revolving Loan Commitments shall no longer be restricted by the Existing Holdings Senior Notes Redemption Sublimit.
The Redemption Documents (including all amendments or supplements) and all mailings to the holders of the Senior Notes in connection with the Senior Notes Redemption shall be subject to the prior review of, and comment by, the Company.

More Definitions of Senior Notes Redemption

Senior Notes Redemption shall have the meaning specified in Section 4.1.

Senior Notes Redemption has the meaning set forth in Section 6.06(b).

Senior Notes Redemption means the redemption, repurchase, defeasance or repayment by the Company of all of the outstanding principal amount of the 8-1/8% Senior Notes with (a) proceeds of Capital Contributions (or contributions of 8-1/8% Senior Notes), whether or not in exchange for equity, from Revlon, (b) proceeds of Indebtedness of the Company that is permitted to be incurred under Section 11.2(b), (c) Excess Cash Flow as permitted under Section 11.9(c)(iv) or (d) funds from other sources acceptable to the Required Lenders.