‘‘Exchange Senior Securities

Example Definitions of "‘‘Exchange Senior Securities"
‘‘Exchange Senior Securities. The securities issued by the Company under the Indenture containing terms identical to the Senior Securities (except that (i) interest thereon shall accrue from the last date on which interest was paid on the Senior Securities or, if no such interest has been paid, from the Closing Time, (ii) the transfer restrictions thereon shall be eliminated and (iii) certain provisions relating to an increase in the stated rate of interest thereon shall be eliminated) to be offered to Holders of... Registrable Senior Securities in exchange for Registrable Senior Securities pursuant to the Exchange Offer. The Exchange Senior Securities will be issuable in minimum denominations of $2,000 and integral multiples of $1,000 in excess thereof View More
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