HIGH YIELD DEBT OFFERING

HIGH YIELD DEBT OFFERING. Means the consummation of either (i) a public offering and sale of debt securities of the Company pursuant to an effective registration statement under the Securities Act resulting in net proceeds to the Company of at least $100,000,000 or (ii) an offering and sale of debt securities of the Company to United States buyers who fit the requirements of Rule 144A of the Securities Act of 1933, as amended (the "SECURITIES ACT") and/or overseas buyers under Regulation S of the Securities Act... resulting in net proceeds to the Company of at least $100,000,000, but only if such offering and sale requires that the Company file and effect a registration statement under the Securities Act for such debt securities within one year after the consummation of such offering and sale. View More