Senior Secured Second Lien Notes definition

Examples of Senior Secured Second Lien Notes in a sentence

• Holdings and the Borrower have informed the Lenders that the Borrower or one or more Subsidiaries of the Borrower intends to commence an offer to acquire, and to cancel, at least $400,000,000 aggregate principal amount of the Senior Unsecured Notes, Senior Secured Second Lien Notes and Senior Subordinated Notes not held by Claire’s Inc.

• This 2022 Second Lien Note is one of a duly authorized issue of notes of the Issuer designated as its 11.750% Senior Secured Second Lien Notes due 2022.

• Dated: U.S. BANK NATIONAL ASSOCIATION, as Trustee By: Authorized Signatory 10 1/2% Senior Secured Second Lien Notes due 2015 Capitalized terms used herein shall have the meanings assigned to them in the Indenture referred to below unless otherwise indicated.

• The Notes are senior secured obligations of the Company and have the benefit of a second-priority Lien in the Collateral, and consist of the 11.875% Senior Secured Second Lien Notes due 2020 issued on the Issue Date (including any increase in the principal amount of the Notes as a result of payment of PIK Interest) and any PIK Notes that may be issued after the Issue Date.

• This Series B Second Lien Note is one of a duly authorized issue of notes of the Issuer designated as its 15% Senior Secured Second Lien Notes due 2021, Series B.

• At the time of the execution of the Original Security Agreement, the Issuer, VNR, the subsidiary guarantors named therein, Delaware Trust Company,(as successor to U.S. Bank National Association), as Trustee and the Collateral Agent entered into an Indenture governing the 7.0% Senior Secured Second Lien Notes due 2023 (the “Original Notes”) (as amended, supplemented or otherwise modified and in effect from time to time prior to the date hereof, the “Original Indenture”).

• Borrowers have informed Agent and Lenders of their intent to repurchase a portion of the outstanding 8.50% Convertible Senior Notes using the proceeds from the issuance of new 10.875% Senior Secured Second Lien Notes.

• The Company, the Guarantors and the Trustee agree as follows for the benefit of each other and for the equal and ratable benefit of the Holders (as defined below) of the Senior Secured Second Lien Notes due 2021 (the “Initial Notes”).

• Each party agrees as follows for the benefit of the other parties and for the equal and ratable benefit of the Holders of (a) the Company’s $528,026,000 aggregate principal amount of 7¾% Senior Secured Second Lien Notes due 2024 issued on the Issue Date (the “Original Securities”) and (b) any Additional Securities (as defined herein) that may be issued after the date hereof in the form of Exhibit A (all such securities in clauses (a) and (b) being referred to collectively as the “Securities”).

• The Issuer has duly authorized the execution and delivery of this Indenture to provide for the issuance of (i) $500,000,000 of 9.25% Senior Secured Second Lien Notes due 2017 (the “Initial Securities”) and (ii) if and when issued, an unlimited principal amount of additional notes having identical terms and conditions as the Initial Securities, other than issue date, issue price and the first interest payment date (the “Additional Securities” and, together with the Initial Securities, the “Securities”).