Second Priority Notes definition

Second Priority Notes means, collectively, the Second Priority Dollar Notes and the Second Priority Euro Notes.

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Second Priority Notes means the Issuers’ 11% Senior Secured Notes due 2015, issued pursuant to the Second Priority Indenture.

Second Priority Notes means the 12% Second Priority Notes due 2018 issued pursuant to the Second Priority Notes Indenture, including any such 12% Second Priority Notes issued upon the exchange offer contemplated in the Second Priority Notes Indenture.

Examples of Second Priority Notes in a sentence

For all purposes hereof and the Intercreditor Agreements, the Issuer hereby designates the Obligations pursuant to the Credit Agreements as in effect on the Issue Date as First Priority Lien Obligations and designates the Note Obligations as First Priority Lien Obligations (as defined in each Existing Second Priority Notes Indenture).
All costs, charges and expenses incurred and all payments made by the Collateral Agent or any Receiver appointed hereunder in the exercise in good faith of any right hereby conferred whether or not occasioned by any act, neglect or default of the Collateral Agent or such Receiver shall bear interest from the date of the same being incurred or becoming due at the rate at which interest accrues on the Second Priority Notes.
Upon execution of its acknowledgement hereto, each of the Second Priority Notes Trustee and Third Party Notes Trustee hereby acknowledges and agrees that it is no longer a party to this Agreement, is no longer entitled to any of the benefits of this Agreement, and is hereby discharged from its duties and obligations hereunder.
For all purposes hereof and the Intercreditor Agreement, the Issuer hereby designates the Obligations pursuant to the Credit Agreements as in effect on the Issue Date as First Priority Lien Obligations and designates the Obligations pursuant to the Existing Second Priority Notes Indenture as Other Second-Lien Obligations.
The Second Priority Notes Trustee shall certify as to such amounts and the Sharing Agent shall be entitled to rely conclusively upon such certification.

More Definitions of Second Priority Notes

Second Priority Notes means Notes that are not First Priority Notes.

Second Priority Notes means $405,000,000 aggregate principal amount of the Company’s Floating Rate Second Priority Senior Secured Notes due 2013 issued on the Issue Date under the Second Priority Notes Indenture.

Second Priority Notes is defined in the Recitals hereto.

Second Priority Notes means the Second Priority Secured Floating Rate Notes due 2010 issued by the Company and CalGen Finance on the Closing Date under the Second Priority Indenture.

Second Priority Notes means the 5.625% Second Priority Senior Secured Notes due 2027 issued on the Issue Date.

Second Priority Notes means $405,000,000 aggregate principal amount of the Company’s Floating Rate Second Priority Senior Secured Notes due 2013 issued under the Second Priority Notes Indenture.

Second Priority Notes means the 11 3/4% Mortgage Notes due 2003 issued by Funding pursuant to the Second Priority Note Indenture.

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