Exit Notes definition

Exit Notes means up to $110 million aggregate principal amount of 9.00%/11.00%/13.00% senior secured first lien, last out payment-in-kind toggle notes due 2027, which will be secured and rank pari passu in payment with the Exit Term Loan Facility, issued in connection with the Rights Offerings and the Private Placements, on substantially the terms set forth in the Plan.
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Exit Notes means each of the Borrower’s (i) 10.000% Senior Secured Exit Notes due 2024, issued and outstanding under the Existing Exit Notes Indenture (the “Existing Exit Notes”) and (ii) New Notes, issued and outstanding under the New Notes Indenture.
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Exit Notes means the unsecured notes which may be issued by the Reorganized OpCo in a private placement and, to the extent issued, will reduce the aggregate principal amount of commitments under the Exit Bridge in accordance with the Exit Facility Documents.
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Examples of Exit Notes in a sentence

  • The Administrative Agent shall have received true and correct copies of all Exit Notes Documents (together with any supplementary indenture thereto).

  • The Convertible A Exit Notes, the Exit Term Loans, the Convertible B Exit Notes, and the Take Back Term Loans will be subject to an intercreditor agreement with respect to their common collateral.

  • Indebtedness under the Exit Notes Indenture shall be deemed to be incurred under the exception provided by clause (i)(B) of the definition of Permitted Debt and may not be reclassified.

  • Following conversion of the Convertible B Exit Notes, if the Strategic Investor holds 20% or more of the New Holdco Equity, the Strategic Investor will be entitled to designate an additional independent member of the New Board and will maintain such board appointment right so long as the Strategic Investor holds 20% or more of the New HoldCo Equity.

  • The remaining aggregate principal amount of the DIP Claims (other than the Capitalized PIK Interest) will be repaid in cash with the proceeds of the New A/R Facility and the Convertible B Exit Notes.


More Definitions of Exit Notes

Exit Notes means the 14.375% First Lien Notes due 2030, issued pursuant to that certain indenture, dated as of the Issue Date, by and among GOL Finance, as issuer, GLAI, as guarantor, the other guarantors party thereto, Wilmington Savings Fund Society, FSB, as trustee, and TMF Group New York, LLC, as collateral agent.
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Exit Notes means the notes under the Exit Notes Indenture.
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Exit Notes means the Borrower Agent’s 10.000% Senior Secured Exit Notes due 2024 issued and outstanding under the Exit Notes Indenture.
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Exit Notes means up to $124,995,750 aggregate principal amount of 9.00%/11.00%/13.00% senior secured first lien, last out payment-in-kind toggle notes due 2027, issued pursuant to the Exit Notes Indenture (which is comprised of the Funded Notes, the Delayed Draw Notes, and the Commitment Premium Exit Notes), which will be pari passu with the Exit Term Loan Facility, and last out with respect to the first out Exit Revolving Credit Facility, issued in connection with the Rights Offerings and the Private Placements, on substantially the terms set forth in this Plan.
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Exit Notes means the new first Lien secured notes in an aggregate principal amount not to exceed the amount required to satisfy all Allowed DIP Facility Claims, to be issued by the Exit Notes Issuer on the Effective Date on the terms set forth herein and such other terms set forth in the Exit Notes Documents.
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Exit Notes means the PIK toggle senior secured notes due 2030 issued by Spirit IP Cayman Ltd., an exempted company incorporated with limited liability under the laws of the Cayman Islands (the “Brand Issuer”) and Spirit Loyalty Cayman Ltd., an exempted company incorporated with limited liability under the laws of the Cayman Islands (the “Loyalty Issuer,” and together with the Brand Issuer, the “Co-Issuers”) in accordance with the Chapter 11 Plan, pursuant to the Exit Notes Indenture.
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Exit Notes means the Company’s floating rate senior notes due 2016, issued pursuant to the Exit Note Supplemental Indenture.
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