Examples of First Lien Notes in a sentence
The PIK Notes and the related guarantees are secured by the collateral on a junior priority basis to the Senior Secured Facilities, the First Lien Notes, the Senior Secured Notes, the 1.5 Lien Notes and other related obligations.
First, an increase of the annealing pre-treatment duration induced an increase of the average size of copper grains, leading to larger graphene flakes of higher crystallinity presenting a lower number of layers.
Except under limited circumstances, if at any time the Senior Secured Facilities, the First Lien Notes, the Senior Secured Notes and the 1.5 Lien Notes cease to be in effect, the liens securing the PIK Notes will also be released and the notes will become unsecured senior obligations.
To the extent collateral is released from securing the Senior Secured Facilities, the First Lien Notes, the Senior Secured Notes and the 1.5 Lien Notes, the liens on such assets (but not proceeds therefrom) securing the PIK Notes will also automatically be released.
The Senior Secured Notes contain covenants that are substantially similar to those contained in the First Lien Notes Indenture described above.