New Super Senior Notes definition

New Super Senior Notes means the super senior notes to be issued by the Issuer and/or the Co-Issuer as contemplated by, and on terms consistent with, the NSSN Term Sheet and the Baskets Table.
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Examples of New Super Senior Notes in a sentence

  • Whilst the New Super Senior Notes remain outstanding, the Notes’ Liquidity Covenant will be deemed waived or amended to the extent the New Super Senior Notes’ Liquidity Covenant is waived or amended.

  • Certain members of the Ad Hoc Group will backstop the full Amount of the New Super Senior Notes.

  • To be amended such that the New Super Senior Notes shall constitute Super Senior Credit Participations and Super Senior Liabilities and the holders of the New Super Senior Notes shall constitutes Super Senior Creditors.

  • Addition of a liquidity covenant, requiring minimum €40 million (cash, cash equivalents and undrawn committed financing), tested monthly from Effective Time (assuming simultaneous with provision of Second Tranche New Super Senior Notes) unless (i) the Consolidated Net Leverage Ratio is below 3.0x or (ii) the credit rating of the Notes is at B- / B3 or higher.

  • For the avoidance of doubt, all definitive documentation for the New Super Senior Notes will be consistent with and subject to the terms and conditions set forth in this Term Sheet.

  • The New Super Senior Notes will be senior obligations of the Issuer and will rank equally in right of payment with all other existing and future senior indebtedness of the Issuer (including debt incurred under the Revolving Credit Facility, the Surety Bonds Facility, the Standalone Facilities and the Notes), and super senior in respect of the enforcement of Collateral, together with the existing Revolving Credit Facility, Surety Bond Facility and future Standalone Facilities.

  • Interim New Super Senior Notes: General corporate purposes and fees and expenses in connection with the implementation of the Notes Amendments and the placement of the Interim New Super Senior Notes.

  • The New Super Senior Notes are to be listed on The International Stock Exchange, the Channel Islands securities exchange, prior to the date that is twelve months following the issuance date.

  • Second Tranche New Super Senior Notes: Refinancing of amounts outstanding under the Revolving Credit Facility, general corporate purposes and fees and expenses in connection with the implementation of the Notes Amendments and placement of the Second Tranche New Super Senior Notes.

  • For the avoidance of doubt, the willingness of the Ad Hoc Group to support the Notes Amendments is subject to the Parent’s agreement to the provision of the New Super Senior Notes by the Ad Hoc Group on the terms set out below.

Related to New Super Senior Notes

  • New Senior Notes has the meaning set forth in the recitals hereto.

  • Existing Senior Notes means the Existing 2020 Senior Notes and the Existing 2021 Senior Notes, collectively.

  • Existing Senior Notes Indenture means that certain Indenture dated as of March 16, 2011, by and between the Borrower, as issuer, and Xxxxx Fargo Bank, National Association, as trustee, as amended, restated, supplemented, renewed or extended or otherwise modified from time to time to the extent permitted by Section 7.15.

  • Existing Senior Notes Indentures means, the indentures governing the Existing Senior Notes, each as may be amended or supplemented from time to time.

  • Existing Unsecured Notes the Borrower’s 11.5% Senior Notes due 2018, issued pursuant to the Existing Unsecured Indenture, outstanding on the Closing Date or subsequently issued in exchange for or in respect of any such notes.

  • Senior Notes means $500,000,000 in aggregate principal amount of the Borrower’s 6.75% senior unsecured notes due 2025 issued pursuant to the Senior Notes Indenture on the Closing Date.

  • 2019 Notes has the meaning set forth in the definition of “2018 Exchange Offers”.

  • 2014 Notes means (i) the 4.850% Senior Secured Notes due 2024 issued by the Issuer on March 18, 2014 and (ii) the 4.45% Senior Secured Notes due 2025 and the 5.45% Senior Secured Notes due 2034 issued by the Issuer on August 21, 2014.

  • Existing Senior Secured Notes means the Borrower’s $800,000,000 8.500% Senior Secured Notes due 2019, issued pursuant to the Existing Senior Secured Notes Indenture.

  • Senior Notes Indentures means the Senior Secured Notes Indenture and the Senior Unsecured Notes Indenture.

  • Additional Series Equipment Notes means Equipment Notes issued under the Indenture and designated as a Series (other than “Series AA” or “Series A”) thereunder in the principal amounts and maturities and bearing interest as specified in Schedule I to the Indenture amended at the time of original issuance of such Additional Series under the heading for such Series.

  • Junior Notes means Note B-1, Note B-2, Note B-3 and Note B-4.

  • Senior Notes Indenture means the Indenture for the Senior Notes, dated December 29, 2011, between the Borrower and Wilmington Trust, National Association, as trustee, as the same may be amended, modified, supplemented, replaced or refinanced to the extent not prohibited by this Agreement.

  • Senior Unsecured Notes Indenture means the Indenture dated as of July 20, 2011 among Xxxxx Fargo Bank, National Association, as trustee, the Borrower, as issuer, and the guarantors party thereto, as the same may be amended or supplemented from time to time.

  • Additional Bonds means the debt instruments issued under a Tap Issue, including any Temporary Bonds.

  • Senior Note Indenture the Indenture entered into by Holdings, the Borrower and certain of its Subsidiaries in connection with the issuance of the Senior Notes, together with all instruments and other agreements entered into by Holdings, the Borrower or such Subsidiaries in connection therewith.

  • 2022 Notes means the 4.875% Senior Notes due 2022, originally issued by Rowan Companies, Inc., a Delaware corporation.

  • Existing Secured Notes means the previously issued debt securities of the Issuers outstanding on the date hereof.

  • 2013 Notes means the 4.375% Senior Secured Notes due 2023 and the 5.950% Senior Secured Notes due 2043 issued by the Issuer on March 18, 2013.

  • 2017 Notes means the aggregate principal amount of US$600,000,000 of 6.25% Guaranteed Senior Notes Due 2017 issued pursuant to the 2017 Note Indenture.

  • Unsecured Notes Indenture means the indenture, dated as of July 31, 2015, by and among the Borrower and Wilmington Trust, National Association, as trustee.

  • 2012 Notes means the 5.125% Senior Secured Notes due 2022 issued by the Issuer on July 2, 2012.

  • Senior Note Indentures means, collectively, the Senior Note (2020) Indenture, the Senior Note (2021) Indenture, the Senior Note (2022) Indenture and the Senior Note (2023) Indenture.

  • Existing Notes Indentures means, collectively, the Existing Senior Notes Indentures and the Existing Senior Guaranteed Notes Indentures.

  • 2015 Notes means the 8.375% senior notes due 2015 in the principal amounts of $615 million and €500 million issued pursuant to the 2015 Notes Indenture.

  • Existing Bonds means the following obligations of Seller: