Outstanding Senior Notes. The Senior Notes outstanding at any time are all the Senior Notes the Trustee has authenticated except for those it has canceled, those delivered to it for cancellation, those representing reductions in the interest in a Global Note effected by the Trustee in accordance with the provisions hereof, and those described in this Section as not outstanding. If a Senior Note is replaced pursuant to Section 2.07, it ceases to be outstanding unless the Trustee receives proof satisfactory to it that a bona fide purchaser holds the replaced Senior Note. If the entire principal of, and premium, if any, and accrued interest on, and Liquidated Damages, if any, with respect to any Senior Note is considered paid under Section 4.01, it ceases to be outstanding and interest and Liquidated Damages on it cease to accrue. Subject to Section 2.09, a Senior Note does not cease to be outstanding because the Company or an Affiliate holds the Senior Note.
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Sources: Indenture (Motors & Gears Inc)
Outstanding Senior Notes. The Senior Notes outstanding at any time are all the Senior Notes the Trustee has authenticated except for those it has canceledcancelled, those delivered to it for cancellation, those representing reductions in the interest in a Global Senior Note effected by the Trustee in accordance with the provisions hereof, and those described in this Section as not outstanding. If a Senior Note is replaced pursuant to Section 2.072.07 hereof, it ceases to be outstanding unless the Trustee receives proof satisfactory to it that a bona fide purchaser holds the replaced Senior Note. If the entire principal of, and premium, if any, and accrued interest on, and Liquidated Damages, if any, with respect to any Senior Note is considered paid under Section 4.014.01 hereof, it ceases to be outstanding and interest and Liquidated Damages on it cease to accrue. Subject to Section 2.092.09 hereof, a Senior Note does not cease to be outstanding because the Company or an Affiliate holds the Senior Note.
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Sources: Indenture (Ameriking Inc)
Outstanding Senior Notes. The Senior Notes outstanding at any time are all the Senior Notes the Trustee has authenticated except for those it has canceledcancelled, those delivered to it for cancellation, those representing reductions in the interest in a Global Senior Note effected by the Trustee in accordance with the provisions hereof, and those described in this Section as not outstanding. If a Senior Note is replaced pursuant to Section 2.072.7, it ceases to be outstanding unless the Trustee receives proof satisfactory to it that a bona fide purchaser holds the replaced Senior Note. If the entire principal of, and premium, if any, and accrued interest on, and Liquidated Damages, if any, with respect to any Senior Note is considered paid under Section 4.014.1, it ceases to be outstanding and interest and Liquidated Damages on it cease to accrue. Subject to Section 2.092.9, a Senior Note does not cease to be outstanding because the Company or an Affiliate holds the Senior Note.
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