Participating Notes definition

Participating Notes means the participating notes issued by the Issuer on the Issue Date, entitling the holders of such notes to payment subject to certain conditions as set out in the Participating Notes Terms and Conditions.
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Participating Notes means the notes issued by the Company on the Issue Date, consisting of 10.00% PIK / Cash Senior Secured First Lien Tranche due 2024, 10.00% PIK / Cash Senior Secured Second Lien Tranche due 2024 and 10.00% PIK / Cash Senior Secured Third Lien Tranche due 2024.
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Participating Notes has the meaning specified in Section 6.2(c).
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Examples of Participating Notes in a sentence

  • Except as expressly provided in this Agreement, nothing herein is intended to, or does, in any manner waive, limit, impair or restrict the ability of each Party to protect and preserve its rights, remedies and interests, including its Participating Notes and any other claims against the Company or other parties.

  • Any transfer of Participating Notes by a Support Party that does not comply with the procedures set forth in this Agreement shall be deemed void without the need for further action.

  • The aggregate principal amount of Participating Notes of each of the initial Support Parties (for avoidance of doubt, giving effect to the proviso to the definition of “Participating Notes”) as of the date hereof is set forth below its name on the signature pages hereof.

  • Subject to clause (c) below, the Company shall be deemed to have acknowledged such transfer, and any election to exchange or not to exchange Participating Notes made by the Support Party transferor shall be binding upon the transferee.

  • Notwithstanding (i) any transfer of Participating Notes in accordance with Section 6 or (ii) the termination of this Agreement in accordance with its terms, the agreements and obligations of the Parties in Sections 7(j), 7(l), 12, 13, 14, and 16 through 29 shall survive such sale and/or termination and shall continue in full force and effect for the benefit of the Support Parties and the Company Parties in accordance with the terms hereof.

  • With respect to the Participating Notes held by the Joining Party, the Joining Party hereby makes the representations and warranties of the Support Parties set forth in Sections 2 and 3 of this Agreement to the other Parties.

  • The Amortization Payment Amount shall be applied to the Securities and the Participating Notes (pro rata in accordance with Section 3.13).

  • For the avoidance of doubt, the foregoing restrictions on transfer shall not be violated as a result of Participating Notes currently being out for loan pursuant to a securities lending program so long as the Support Party recalls such Participating Notes prior to the Commencement Date.

  • CENTRUS ENERGY CORPORATION By: Name: Title: Dated: January 5, 2017 Name of Institution: By: Name: Title: Telephone: Facsimile: Outstanding Notes: $ (all of which are Participating Notes) Signature Page to Support Agreement1 1 NOTE: This signature page may be duplicated for each Support Party executing this Agreement Centrus Energy Corp.

  • The Holders of a majority in aggregate principal amount of the then outstanding Participating Notes may remove the Trustee by so notifying the Trustee and the Company in writing.


More Definitions of Participating Notes

Participating Notes means the Company’s U.S.$[624,976,189] notes issued on the Issue Date initially consisting of (i) U.S.$27,000,000 in aggregate principal amount of 10.00% PIK / Cash Senior Secured First Lien Tranche due 2024, (ii) U.S.$405,000,000 in aggregate principal amount of 10.00% PIK / Cash Senior Secured Second Lien Tranche due 2024 and (iii) U.S.$[192,976,189] in aggregate principal amount of 10.00% PIK / Cash Senior Secured Third Lien Tranche due 2024.
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Related to Participating Notes

  • Participating Dentist means any Dentist who, at the time of rendering a Covered Dental Service to the Member, has a written agreement with CareFirst BlueChoice or the Dental Plan for the rendering of such service.

  • Participating Investor any Participating Account, Participating Insurance Company or Participating Plan, including the Account and the Company.

  • Participating Holders means all Holders of Registrable Securities which are proposed to be included in any offering of Registrable Securities pursuant to Section 2.1 or Section 2.2.

  • Participating Shares means shares that entitle their holders to participate without limitation in distributions.

  • Participating Agencies means members of National Purchasing Partners for which Vendor has agreed to extend the terms of this Master Price Agreement pursuant to Article 2.6 and Attachment C herein. For purposes of cooperative procurement, “Participating Agency” shall be considered “Purchaser” under the terms of this Agreement.