Existing Secured Notes definition

Existing Secured Notes means the Existing Secured 2023 Notes, the Existing Secured 2024 Notes, the Existing Secured 2025 Notes and the Existing Secured 2028 Notes, or any of them, as applicable.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Existing Secured Notes means the 5.750% Senior Secured Notes due 2021 issued by the Issuer and the Existing Secured Notes Issuer.

Existing Secured Notes means the previously issued debt securities of the Issuers outstanding on the date hereof.

Examples of Existing Secured Notes in a sentence

With respect to the Notes only, the following is hereby added to the end of Section 2.1 to Exhibit F of the Base Indenture as a new paragraph: The Collateral granted to the Notes shall be the same as and no greater than the collateral granted to the Existing Secured Notes.
Finance Co. shall not Incur any material liabilities or obligations other than the Note Obligations, Obligations under the Credit Agreements, Obligations under the Existing First-Lien Notes, Obligations under the Existing Secured Notes, the Second-Lien Notes Obligations, its Obligations under the Senior Subordinated Notes and other Indebtedness permitted to be Incurred by Finance Co. under Section 4.03 and liabilities and obligations pursuant to business activities permitted by this Section 4.15.
Notwithstanding the foregoing, the Company shall be permitted to subsequently issue additional New Secured Notes in exchange for Existing Secured Notes on terms no more advantageous to the holders of such Existing Secured Notes than the terms of the Secured Note Exchange were to the Supporting Secured Noteholders, provided that such terms shall not include a Consent Solicitation or the payment of any tender or consent fees.
Pursuant to the Omnibus Offering Proceeds Note Subordination Agreement, Level 3 LLC’s obligations under the Offering Proceeds Note will be subordinated to its obligations under the Loan Proceeds Note issued by Level 3 LLC to the Issuer in connection with the Existing Credit Facility and the Existing Secured Notes upon the limited circumstances set forth therein.
The Company owns, directly or indirectly, 100% of the ownership interests in each of its Subsidiaries free and clear of any and all Liens, other than Liens arising under the Existing Secured Notes Indenture and/or the Existing Revolving Facility as of the date of this Agreement.

More Definitions of Existing Secured Notes

Existing Secured Notes means the previously issued debt securities of the Issuers outstanding on the date hereof. With respect to the Notes only, the definition of “Credit Agreement” in the Base Indenture is hereby replaced with the following:

Existing Secured Notes means (i) all 4.75% Senior Secured Notes due 2020 issued prior to the date hereof pursuant to the Existing Indenture, as supplemented by that certain Fifteenth Supplemental Indenture, dated as of October 16, 2012, and as further supplemented by that certain Nineteenth Supplemental Indenture, dated as of May 15, 2013, by and among the Company, the Guarantors from time to time party thereto and the Trustee; (ii) all 4.50% Senior Secured Notes due 2021 issued prior to the date hereof pursuant to the Existing Indenture, as supplemented by that certain Seventeenth Supplemental Indenture, dated as of February 5, 2013, and as further supplemented by that certain Nineteenth Supplemental Indenture, dated as of May 15, 2013, by and among the Company, the Guarantors from time to time party thereto and the Trustee, (iii) all 4.375% Senior Secured Notes due 2021 issued prior to the date hereof pursuant to the Existing Indenture, as supplemented by that certain Twentieth Supplemental Indenture, dated as of May 30, 2013, by and among the Company, the Guarantors from time to time party thereto and the Trustee, (iv) all 6.000% Senior Secured Notes due 2020 issued prior to the date hereof pursuant to that certain Indenture, dated as of September 27, 2013, among THC Escrow Corporation and the Trustee, as supplemented by that certain Supplemental Indenture, dated as of October 1, 2013, by and among the Company, the Guarantors from time to time party thereto and the Trustee and (v) all 4.625% Senior Secured First Lien Notes due 2024 issued prior to the date hereof pursuant to the Existing Indenture, as supplemented by that certain Twenty-Ninth Supplemental Indenture, dated as of June 14, 2017, by and among the Company, the Guarantors from time to time party thereto and the Trustee.

Existing Secured Notes means the May 2016 Secured Notes and the March 2017 Secured Notes.

Existing Secured Notes means the 3.750% Secured Notes, the 4.250% Secured Notes, the 2026 Secured Notes and the 2028 Secured Notes.

Existing Secured Notes means (i) all 6.25% Senior Secured Notes due 2018 issued prior to the date hereof pursuant to the Existing Secured Notes Indenture, as supplemented by that certain Fourteenth Supplemental Indenture, dated as of November 21, 2011, and as further supplemented by that Nineteenth Supplemental Indenture, dated as of May 15, 2013, by and among the Company, the Guarantors from time to time party thereto and the Trustee; (ii) all 4.75% Senior Secured Notes due 2020 issued prior to the date hereof pursuant to the Existing Secured Notes Indenture, as supplemented by that certain Fifteenth Supplemental Indenture, dated as of October 16, 2012, and as further supplemented by that certain Nineteenth Supplemental Indenture, dated as of May 15, 2013, by and among the Company, the Guarantors from time to time party thereto and the Trustee; (iii) all 4.50% Senior Secured Notes due 2021 issued prior to the date hereof pursuant to the Existing Secured Notes Indenture, as supplemented by that certain Seventeenth Supplemental Indenture, dated as of February 5, 2013, and as further supplemented by that certain Nineteenth Supplemental Indenture, dated as of May 15, 2013, by and among the Company, the Guarantors from time to time party thereto and the Trustee; and (iv) all 4.375% Senior Secured Notes due 2021 issued prior to the date hereof pursuant to the Existing Secured Notes Indenture, as supplemented by that certain Twentieth Supplemental Indenture, dated as of May 30, 2013, by and among the Company, the Guarantors from time to time party thereto and the Trustee.

Existing Secured Notes means the Company’s 3.500% Senior Secured Notes due 2026 outstanding on the Issue Date.

Existing Secured Notes means the Issuer’s 3.400% Senior Secured Notes due 2027 and 3.875% Senior Secured Notes due 2029, referred to collectively.

Filter & Search

Related Definitions