Examples of Senior Notes Redemption in a sentence
Notwithstanding anything to the contrary contained in this Agreement, the Credit Parties are permitted to redeem the Senior Notes pursuant to the Qualifying Senior Notes Redemption.
The Borrower hereby agrees to consummate a Qualifying Senior Notes Redemption concurrently with the consummation of a Qualifying IPO.
Notwithstanding anything to the contrary in the Credit Documents, the Lenders hereby consent to (i) the redemption of the Senior Notes by the Borrower pursuant to a Qualifying Senior Notes Redemption, (ii) the payment of the Qualifying IPO Payment and (iii) the redemption by Holdings of all preferred stock of Holdings pursuant to a Qualifying Preferred Stock Redemption.
The Company hereby agrees to consummate a Qualifying Senior Notes Redemption concurrently with the consummation of a Qualifying IPO.
Notwithstanding anything to the contrary in the Credit Documents, the Lenders hereby consent to (i) the redemption of the Senior Notes by the Company pursuant to a Qualifying Senior Notes Redemption, (ii) the payment of the Qualifying IPO Payment and (iii) the redemption by Holdings of all preferred stock of Holdings pursuant to a Qualifying Preferred Stock Redemption.
The first sentence of Section 9.08 is hereby amended and restated to read as follows: “The Borrower will not permit the proceeds of the Loans to be used (i) for any purpose other than those permitted by Section 7.21, (ii) to Redeem any Senior Notes or any Permitted Refinancing Debt in respect thereof except Loans in a principal amount not to exceed the Available Senior Notes Redemption Amount at such time or (iii) to Redeem any Second Lien Loans or any Permitted Refinancing Debt in respect thereof.
Borrowers shall timely make the Senior Notes Redemption on March 10, 2015 in accordance with the terms of the Senior Notes Indenture.
For avoidance of doubt, the last sentence of subsection 2.4A(ii)(e)(2)(C) shall not apply to amounts reserved to the Existing Senior Notes Redemption Sublimit pursuant to this Section 1.
Adjustment to reduce interest expense for amounts attributable to the Senior Notes Redemption.
If funds for the redemption of the Senior Notes called for redemption have been made available on such redemption date, the Senior Notes will cease to bear interest on the date fixed for such redemption specified in the notice of redemption and the only right of the holders thereof will be to receive payment of the Senior Notes Redemption Price.