New Third Lien Notes definition

New Third Lien Notes means the senior secured notes authorized and issued pursuant to the Plan by Lyondell Chemical on the Effective Date, the terms of which are governed by the New Third Lien Notes Indenture. The New Third Lien Notes shall include the principal terms set forth in Exhibit A-4 hereto.
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New Third Lien Notes means the New Third Lien Notes due 2024 issued under that certain indenture, dated as of June 7, 2019, by and among the Issuers, Neiman Marcus Group, LLC, the Subsidiary Co-Issuer and Wilmington Trust, National Association, as trustee.
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New Third Lien Notes has the meaning set forth in the Recitals.
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Examples of New Third Lien Notes in a sentence

  • For purposes of distribution, fractions of New Third Lien Notes, Cram Down Notes and New Common Stock shall be rounded down to the nearest whole number.

  • The Tenant may demand the Lessor to surrender those belongings to him.

  • On the Effective Date, Lyondell Chemical will authorize and issue the New Third Lien Notes.

  • To the extent that the requisite majority of holders (in both number and amount of claims) of Allowed DIP Roll Up Claims cause Class 3 to accept the Plan, all holders of Allowed DIP Roll-Up Claims shall receive New Third Lien Notes in the same principal amount as such Allowed Claims, no holder of an Allowed DIP Roll Up Claim shall receive any Cram Down Notes, and the Debtors shall not issue the Cram Down Notes.

  • To the extent that the requisite majority of holders (in both number and amount of claims) of Allowed DIP Roll Up Claims cause Class 3 to accept the Plan, all holders of Allowed DIP Roll-Up Claims shall receive New Third Lien Notes in the same principal amount as such AllowedClaims, no holder of an Allowed DIP Roll Up Claim shall receive any Cram Down Notes, and the Debtors shall not issue the Cram Down Notes.


More Definitions of New Third Lien Notes

New Third Lien Notes has the meaning ascribed to such term in the Recapitalization Term Sheet.
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New Third Lien Notes issued by the Borrower and (ii) New Warrants (as defined below) issued by the Parent, the proceeds of such New Third Lien Notes and New Warrants to be used by the Borrower for general working capital purposes;
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New Third Lien Notes has the meaning specified in the recitals hereto.
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New Third Lien Notes means new U.S. Dollar third lien notes due 2023 in the aggregate principal amount of US$50 million to be issued on the Effective Date by Bellatrix with (i) a maturity of December 15, 2023, (ii) an option for Bellatrix to pay interest at a rate of (A) (1) 12.5% (of which 9.5% shall be deferred and added to principal and 3.0% shall be paid in cash) until December 31, 2021, and (2) 9.5% paid in cash after December 31, 2021, or (B) 9.5% paid in cash, (iii) security on collateral on a third priority basis to the liens securing the obligations under the Existing Second Lien Note Purchase Agreement, (iv) an option for Bellatrix to repay the New Third Lien Notes in full or in part, at any time, and from time to time, without any penalty or premium, and (v) such other terms and conditions as agreed by Bellatrix and the Initial Consenting Noteholders, each acting reasonably;
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New Third Lien Notes has the meaning set forth in the Access Agreement.
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New Third Lien Notes means the 11.000% notes due on May 1, 2018, issued by the Issuer as amended, supplemented, modified, extended, restructured, renewed, restated, refinanced, defeased or replaced in whole or in part from time to time.
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New Third Lien Notes in the amount set forth in and on terms and conditions consistent with this Recapitalization Term Sheet and the term sheet attached hereto as Exhibit 3 (the “New Third Lien Notes Term Sheet”). MT Preferred Equity On the Effective Date, certain newly formed Delaware entities that hold the operations that conduct the business of MyTheresa and that become Company Parties will issue $500 million of new preferred stock (the “MT Preferred Equity”) on terms and conditions consistent with this Recapitalization Term Sheet and the term sheet attached hereto as Exhibit 4 (the “MyTheresa Issuer Preferred Equity Term Sheet”).
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