Additional High Yield Notes definition
Additional High Yield Notes means (i) any additional High Yield Notes issued in accordance with the terms of the High Yield Note Indenture, as part of the same series as the High Yield Notes issued on 26 November 2012 and (ii) other than in connection with an Additional High Yield Note Refinancing, any other additional senior unsecured notes issued by any Bondco and which ranks pari passu with or junior to the High Yield Notes.
Additional High Yield Notes has the meaning given to that term in the Intercreditor Agreement.
Additional High Yield Notes means any notes where the incurrence of any Financial Indebtedness under such notes would not result in the pro forma Leverage Ratio (after giving effect to such incurrence and the use of proceeds thereof) on the Quarter Date prior to such incurrence (giving pro forma effect to any movement of cash out of the Bank Group since such date pursuant to Clause 25.5 (Dividends, Distributions and Share Capital) and any Permitted Payments) exceeding the ratio set out in Clause 25.4(p) (Financial Indebtedness) for the Quarter Date following such incurrence and:
Examples of Additional High Yield Notes in a sentence
Amend the definition of Additional High Yield Notes to delete paragraphs (b) to (d) and to add a new limb as follows “that are not secured by any Security Interest over any shares in any member of the Bank Group, any asset of any member of the Bank Group or any rights of any creditor in relation to any Subordinated Funding;”.
More Definitions of Additional High Yield Notes
Additional High Yield Notes means any high yield notes designated as “Additional High Yield Notes” by written notice from the Company to the Facility Agent, and having a final maturity (with no sinking fund payments) of no earlier than 15 April 2014, to be issued by the Parent after 30 September 2008 pursuant to the Additional High Yield Offering, 100% of the proceeds (after deducting all reasonable fees, commissions, costs and expenses incurred by any member of the Group in connection therewith) of which shall be applied in or towards repayment of the Outstandings pursuant to Clause 12.5 (Repayment from Debt Proceeds).
Additional High Yield Notes means the high yield notes which the Issuer would, subject to certain conditions, have been permitted to issue if the Bridge Notes had not been refinanced on the Bridge Note Refinancing Date;
Additional High Yield Notes means the high yield notes of up to $105,000,000 in principal amount due 30 June 2012 to be issued by the High Yield Notes Issuer on substantially similar terms as the Original High Yield Notes pursuant to Section 2.13 (Further Issues) of the High Yield Notes Indenture and consistent with the Intercreditor Agreement for the purposes of indirectly funding DDBCo’s redemption or purchase of up to $100,000,000 in principal amount outstanding of Subordinated Preference Certificates, together with fees and expenses associated therewith of up to $5,000,000.
Additional High Yield Notes means high yield notes issued by the --------------------------- Borrower in a single issuance prior to January 31, 2000 on terms (other than pricing terms) which, taken as a whole, are no less favorable to the Lenders than the terms of the 1998 High Yield Notes and which do not mature in whole or part, and in respect of which no regularly scheduled amortization of principal is required, earlier than the date which is six months subsequent to the Maturity Date, including the Indebtedness represented thereby and refinancings of such Indebtedness; provided that (i) any such refinancing Indebtedness shall not have a greater outstanding principal amount, an earlier maturity date, or a decreased weighted average life than the Additional High Yield Notes refinanced and (ii) the proceeds of such refinancing Indebtedness shall be used solely to repay the Additional High Yield Notes refinanced thereby and fees and expenses in connection therewith";