Takeback Notes definition
Takeback Notes means $500,000,000 of Exit Senior Unsecured Notes which shall be issued to Holders of Allowed Prepetition Notes Claims pursuant to the Plan.
Takeback Notes means the Issuer’s $750 million aggregate principal amount of 5.875% second lien secured notes issued pursuant to the indenture dated as of April 30, 2021, by and among the Issuer, the guarantors party thereto, the grantor party thereto and Wilmington Trust, National Association, as trustee and collateral agent and outstanding on the Issue Date.
Takeback Notes means the Issuer’s $750 million aggregate principal amount of 5.875% second lien secured notes due November 1, 2029 issued pursuant to the indenture dated as of April 30, 2021, by and among the Issuer, the guarantors party thereto, the grantor party thereto and Wilmington Trust, National Association, as trustee and collateral agent and outstanding on the Issue Date.
Examples of Takeback Notes in a sentence
If at any time there ceases to be a ABL Credit Agreement or ABL Facility or the Takeback Notes, the Company and the Subsidiary Guarantors shall continue to cause the Securities Collateral Agent to be so named as contemplated in this paragraph with respect to any liability, property and casualty insurance policies that insure the Collateral.
More Definitions of Takeback Notes
Takeback Notes means, collectively, the 15.000% Third-Priority Series A Senior Secured PIK Notes due 2031 and the 15.000% Third-Priority Series B Senior Secured PIK Notes due 2031 issued pursuant to the Takeback Notes Indenture.
Takeback Notes means the $300.0 million in principal amount of 10.0% senior secured first lien notes issued by the Borrower on the Effective Date pursuant to the Takeback Notes Indenture, as such notes may be amended, supplemented, refinanced or otherwise modified to the extent permitted thereunder.
Takeback Notes means $500,000,000 of Exit Senior Unsecured Notes which shall be issued pursuant to the Plan.