Junior Lien Notes definition

Junior Lien Notes means $300,000,000 aggregate principal amount of 7.25% Senior Secured Notes due 2025 of the Company issued on the Closing Date pursuant to the Junior Lien Notes Indenture.

Junior Lien Notes shall have the meaning set forth in the preamble.

Junior Lien Notes means the $390,867,820 in aggregate principal amount 11.00% Second Priority Senior Secured Notes due 2022 of the Borrower having terms substantially as set forth in the Junior Lien Notes Offering Memorandum issued pursuant to the Junior Lien Indenture and any notes issued by the Borrower in exchange for, and as contemplated by, the Junior Lien Notes with substantially identical terms as the Junior Lien Notes.

Examples of Junior Lien Notes in a sentence

• A separate account may also be established within such fund as a bond reserve account to be funded on a junior lien basis in accordance with the resolution authorizing the issuance of the Junior Lien Bonds or Junior Lien Notes.

• Revenues remaining in the Receiving Fund, after provision has been made for the requirements of the Operation and Maintenance Fund and of the Redemption Fund, shall be set aside, but not more often than monthly, in a fund for the Junior Lien Bonds or Junior Lien Notes in accordance with the resolution authorizing the issuance thereof.

• If the Board shall ever issue Junior Lien Bonds or Junior Lien Notes, there shall be established and maintained a separable depositary fund for the purpose of paying the principal of, redemption premium, if any, and interest on such Junior Lien Bonds or Junior Lien Notes as they come due (the “Junior Lien Redemption Fund”).

• Notwithstanding the foregoing requirements of Section 24, the Board reserves the right to issue Junior Lien Bonds and Junior Lien Notes payable as provided herein.

• The Indenture also calls for the establishment of a Junior Lien Reserve Fund Requirement, which for Junior Lien Bonds and Junior Lien Notes, is the average annual aggregate debt service requirement on the Junior Lien Bonds and Junior Lien Notes, calculated as of the date of issuance of each series.

More Definitions of Junior Lien Notes

Junior Lien Notes means the notes of the City issued pursuant to Ordinance No.2019 – O0046 adopted by the City Council of the City of Lubbock on April 23, 2019. “LP&L” has the meaning specified in the preamble.

Junior Lien Notes has the meaning assigned to such term in the Preamble above.

Junior Lien Notes means the Authority’s notes issued in one or more Series as Junior Lien Notes pursuant to this Indenture.

Junior Lien Notes means CEVA’s 11½% Junior Priority Senior Secured Notes due 2018;

Junior Lien Notes means the 6.875% Senior Secured Junior Lien Notes due 2031 issued by Parent pursuant to the Junior Lien Indenture.

Junior Lien Notes means the Borrower’s 11% Senior Secured Notes due 2011 and Senior Secured Floating Rate Notes due 2011, issued on March 12, 2004 (and any Exchange Notes issued in exchange therefor), both issued under the Junior Lien Indenture.

Junior Lien Notes shall have the meaning assigned to such term in the Intercreditor Agreement.