Examples of Existing First Lien Notes in a sentence
Key challenges will be continuing to work corporately with T&E to develop the emerging Climate Change Strategy and ensure effective monitoring and reporting for the CLG new National Performance Indicators NI185 ‘CO2 reduction from local authority operations’ and NI194 ‘Level of air quality in NOx and primary PM10 emissions through the local authority’s estate and operations’.
The repayment of the Existing First Lien Notes will be financed in full using the proceeds of the Offering and will be effected (i) by way of the Tender Offer and (ii) with respect to the Existing First Lien Notes that are not tendered and accepted in the Tender Offer, by way of satisfaction and discharge and subsequent redemption.
The piece of land shall be mortgage able and be free from any encumbrance.
The satisfied and discharged Existing First Lien Notes not tendered in the Tender Offer will be redeemed on May 1, 2021, and the existing Second Lien Notes will be redeemed on April 14, 2021, in each case, following delivery of a notice of conditional redemption delivered by the Existing First Lien Notes Issuer and the Issuer, respectively, on March 15, 2021.
The tender period under such Tender Offer is expected to expire on or about March 29, 2021 (the “Expiration Date”) and holders who validly tender (and do not validly withdraw) their Existing First Lien Notes in such Tender Offer prior to the Expiration Date will receive the tender consideration on or about the Issue Date.