Discharge of Notes Obligations means the payment in full in cash of all outstanding Notes Obligations (other than contingent indemnity obligations with respect to then unasserted claims).
Discharge of Notes Obligations means, except to the extent otherwise expressly provided in Section 5.5, either:
Discharge of Notes Obligations means that the Priority Lien Obligations in connection with the Notes are no longer secured by, and no longer required to be secured by, the Collateral pursuant to the terms of this Indenture or the other applicable Security Documents; provided that a Discharge of Notes Obligations shall be deemed not to have occurred if the Issuer has entered into any replacement credit agreement or indenture that has been designated as such in accordance with the terms of the Collateral Agency Agreement.
Examples of Discharge of Notes Obligations in a sentence
The Notes Collateral Agent shall provide written notice to the ABL Revolving Col- lateral Agent of the Discharge of Notes Obligations, the First Lien Credit Facility Agent shall provide written notice to the ABL Revolving Collateral Agent of the Discharge of First Lien Obligations and the ABL Revolving Collateral Agent shall provide written notice to each Term Agent of the Discharge of ABL Revolving Obligations.
The Notes Collateral Agent shall provide written notice to the First Lien Credit Facility Agent of the Discharge of Notes Obligations and the First Lien Credit Facility Agent shall provide written notice to the Notes Collateral Agent of the Discharge of First Lien Obligations.
This Agreement shall terminate and be of no further force and effect on the date that the Dis- charge of First Lien Obligations or the Discharge of Notes Obligations has occurred.
More Definitions of Discharge of Notes Obligations
Discharge of Notes Obligations has the meaning given such term in the Intercreditor Agreement.
Discharge of Notes Obligations means, except to the extent otherwise expressly provided in Section 5.5, all Notes Obligations (other than contingent indemnification obligations for which no underlying claim has been asserted) have been indefeasibly paid, performed or discharged in full (with all such Notes Obligations consisting of monetary or payment obligations having been paid in full in cash).
Discharge of Notes Obligations means, except to the extent otherwise expressly provided in Section 5.5(b), all Notes Obligations (other than unasserted contingent indemnification Notes Obligations) have been paid, performed or discharged in full (with all such Notes Obligations consisting of monetary or payment obligations having been paid in full in cash) and the Notes Collateral Agent has received cash collateral in order to secure any other contingent Notes Obligations for which a claim or demand for payment has been made on or prior to such time or in respect of matters or circumstances known to the Notes Collateral Agent or other Notes Claimholder at such time that are reasonably expected to result in any loss, cost, damage, or expense (including attorneys’ fees and legal expenses), such cash collateral to be in such amount as Notes Collateral Agent reasonably determines is appropriate to secure such contingent Notes Obligations.
Discharge of Notes Obligations means, except to the extent otherwise provided in the First Lien-First Lien Intercreditor Agreement:
Discharge of Notes Obligations means, with respect to any Shared Collateral, the Discharge of the Notes Obligations with respect to such Shared Collateral; provided that the Discharge of Notes Obligations shall not be deemed to have occurred in connection with a Refinancing of such Notes Obligations with additional Obligations secured by such Shared Collateral under an Additional Document which has been designated in writing by the Company to the Authorized Representative, as the “Indenture” for purposes of this Agreement.
Discharge of Notes Obligations means, except to the extent otherwise pro- vided in Section 6.1, the occurrence of all of the following:
Discharge of Notes Obligations means payment in full in cash of all Notes Obligations, termination or expiration of all commitments, if any, to extend credit that would constitute Notes Obligations, satisfaction and discharge of the Indenture and any Additional Pari Passu Notes Agreement or legal or covenant defeasance of the Indenture and any Additional Pari Passu Notes Agreement (other than obligations that expressly survive such satisfaction and dis- charge or legal or covenant defeasance).