Examples of Notes Payment in a sentence

In the event that any Senior Payment Default (as defined below) shall have occurred and be continuing, then no Notes Payment shall be made unless and until such Senior Payment Default shall have been cured or waived or shall have ceased to exist or all amounts then due and payable in respect of Senior Indebtedness shall have been paid in full in cash or Cash Equivalents.
One Business Day prior to the redemption date, the Security Agent shall deposit with the Lease Indenture Trustee or with the Paying Agent into the Lessor Notes Payment Account money sufficient to pay the redemption price of and accrued interest on all Lessor Notes to be redeemed on that date.
The U.S. Borrower shall provide the Administrative Agent with at least five (5) Business Days prior written notice (a “Senior Subordinated Notes Payment Notice”) of its intention to make the Senior Subordinated Notes Interest Payment.
Upon receipt of any such notice, the Second Lien Collateral Agent, any Paying Agent and any Second Lien Claimholder shall immediately turn over any such Notes Payment pursuant to the terms of this Agreement.
The failure to make a Notes Payment by reason of any provision in this Section 8 shall not be construed as preventing the occurrence of an event of default under any of the Second Lien Loan Documents.

More Definitions of Notes Payment

Notes Payment the meaning set forth in Section 6.5(c).

Notes Payment is defined in Section 13.2. -------------

Notes Payment means a Cash payment or payments (a) to holders of (x) Allowed Note Claims in the aggregate amount of $10,952,381 in the event the GSI UK Note is not Reinstated, or (y) Allowed Senior Note Claims in the aggregate amount of $10,000,000 in the event the GSI UK Note is Reinstated, plus (b) to holders of Allowed Senior Note Claims, the Rights Offering Proceeds plus (c) in the event the GSI UK Note is not

Notes Payment has the meaning specified in Section 10.03.

Notes Payment means a Cash payment or payments (a) to holders of Allowed Note Claims in the aggregate amount of $10,952,381 plus (b) to holders of Allowed Senior Notes Claims, the Rights Offering Proceeds plus (c) to the holder of the GSI UK Note Claim, the product of the aggregate amount of Rights Offering Proceeds times the proportion of the principal amount of the GSI UK Note ($20 million) to the original principal amount of the Senior Notes ($210 million).

Notes Payment means any payment or distribution of any kind, whether in cash, property or securities (including any payment or distribution deliverable by reason of the payment of any other Indebtedness subordinated to the Notes) on account of the principal of (and premium, if any) or interest on the Notes or on account of the purchase or redemption or other acquisition of Notes by the Company or any Subsidiary of the Company. In the event that, notwithstanding the foregoing, the Trustee or the Holder of any Note receives any Notes Payment before all Senior Indebtedness of the Company is paid in full or payment thereof is provided for in cash or Cash Equivalents or otherwise in a manner satisfactory to the holders of such Senior Indebtedness, then and in such event such Notes Payment will be required to be paid over or delivered forthwith to the holders of Senior Indebtedness for application to the payment of all Senior Indebtedness of the Company remaining unpaid, to the extent necessary to pay such Senior Indebtedness in full.

Notes Payment shall have the meaning set forth in Section 6.03 of this Supplemental Indenture.