Super Senior Bonds definition

Super Senior Bonds means the bonds issued pursuant to the Super Senior Bond Agreement.
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Super Senior Bonds means the SEK 21,548,300 senior secured callable fixed rate bonds with ISIN: SE0016589139 issued by the Issuer on or about the Issue Date.
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Super Senior Bonds means the bonds issued by the Issuer on or about the date hereof and governed by the Super Senior Bond Terms and Conditions.
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Examples of Super Senior Bonds in a sentence

  • GEP has the option to pay the coupon interest on the Super Senior Bonds in cash or in kind by issuing new bonds (“PIK Bonds”).

  • The Super Senior Bonds also mature on November 13, 2018, carry an 11.5% fixed semi‐annual coupon and were used to fund capital expenditures related to the development of the Atrush Block.

  • The Super Senior Bonds are based on the same agreement as the Senior Bonds with the same maturity date of November 13, 2018 and an 11.5% coupon interest payable semi‐annually.

  • ShaMaran’s major shareholders, Lorito Holdings SARL and Zebra Holdings and Investments SARL, companies owned by the Lundin Family Trust, have subscribed for $15.3 million of the Super Senior Bonds in accordance with the terms of their agreement with GEP to underwrite the Super Senior Bonds.2. On May 12, 2016 ShaMaran completed the issue of a total of 218,863,000 of its common shares to Existing Bondholders who elected to convert to shares a total of $18 million of Senior Bonds at face value.

  • The Super Senior Bonds are based on the same agreement as the Senior Bonds with the same maturity date of November 13, 2018 and an 11.5% coupon interest payable semi-annually.

  • ShaMaran’s major shareholders, Lorito Holdings SARL and Zebra Holdings and Investments SARL, companies owned by the Lundin Family Trust, have subscribed for $15.3 million of the Super Senior Bonds in accordance with the terms of their agreement with GEP to underwrite the Super Senior Bonds.

  • On May 3, 2016 GEP issued new $17 million Super Senior Bonds resulting in $16.2 million in proceeds net of transaction costs.

  • The Super Senior Bonds and the Super Super Senior Bonds are unsecured, however, on the terms and conditions set out in this Intercreditor Agreement, the Parties have agreed the ranking and priority between the Secured Obligations, the Super Senior Obligations and the Super Super Senior Obligations.

  • Debt Incurrence TestsIn accordance with the amended terms of GEP’s Senior Bonds and Super Senior Bonds agreements ShaMaran is required to be in compliance with certain debt incurrence tests as follows:1.

  • Upon completion of the solvent liquidation or striking-off or any similar process under Cayman law of the Issuer and Refectio, any residual amount remaining from the Winding-up Costs will be distributed to the holders of Super Super Senior Bonds with the record date as at the date of redemption of the Outstanding Bonds (as defined in the Super Super Senior Bond Agreement).


More Definitions of Super Senior Bonds

Super Senior Bonds means the super senior bonds 2024/20[●] with ISIN [●] issued or to be issued by the Company to the holders of Existing Bonds as part of the Restructuring; Tag Along Notice is defined in Section 9.1.1; Tag Along Parties is defined in Section 9.1.1; Transfer Notice is defined in Section 7.3.1;
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Related to Super Senior Bonds

  • Prior Bonds means the assessment bonds that are refunded in part or in whole by refunding assessment bonds.

  • Subordinate Bonds means all Bonds but Senior Bonds.

  • Original Bonds has the meaning set forth in the recitals hereto.

  • Refunded Bonds means the portion of the $15,757,000 of the Series A Bonds now outstanding that are stated to mature on December 1 in each of the years 2021 through 2024 that is to be refunded by the Bonds, as determined by the Fiscal Officer and specified in the Certificate of Award at the time of the sale of the Bonds in accordance with Section 2, and may include all of those Original Bonds.