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Common use of New Subordinated Notes Clause in Contracts

New Subordinated Notes. Evidence satisfactory to the Agents that the Company shall have issued the New Subordinated Notes on terms and conditions satisfactory to the Agents for gross proceeds of not less than $300,000,000.

Appears in 2 contracts

Sources: Credit Agreement (Del Monte Foods Co), Credit Agreement (Del Monte Foods Co)

Related Clauses

  • Senior Subordinated Notes
  • Securities Subordinated to Senior Debt
  • Securities Subordinate to Senior Debt
  • RATIFICATION OF INDENTURE; SUPPLEMENTAL INDENTURE FOR ADDITIONAL GUARANTEES PART OF INDENTURE
  • Securities Affected by Supplemental Indentures

Parent Clauses

  • Optional Increase
  • Restructure of Existing Subordinated Obligations
  • CONDITIONS TO EXTENSIONS OF CREDIT
  • CONDITIONS TO INITIAL EXTENSION OF CREDIT
  • Conditions to Effectiveness

Sub-Clauses

  • Designated Senior Debt
  • Sharing of Payments, Etc
  • Successor Agents
  • Annual Reports
  • Submission to Jurisdiction; Service of Process
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