Existing Notes definition: Copy, customize, and use instantly
Introduction
The term "Existing Notes" refers to previously issued debt instruments, such as bonds, promissory notes, or other financial obligations, that remain outstanding under an agreement. These notes may be subject to refinancing, exchange offers, amendments, or restructuring in financial transactions. "Existing Notes" are commonly used in loan agreements, securities offerings, and corporate financing arrangements to clarify obligations related to prior debt issuances.
Below are various examples of how "Existing Notes" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Existing Notes" in a debt restructuring and refinancing context
This definition ties "Existing Notes" to financial restructuring.
"Existing Notes" refers to all outstanding promissory notes, bonds, or other debt instruments issued prior to the date of this agreement, which may be subject to refinancing, amendment, or repayment.
Definition of "Existing Notes" in a corporate bond issuance and securities exchange context
This definition connects "Existing Notes" to securities markets.
"Existing Notes" means any bonds, debentures, or other notes previously issued by the company that remain outstanding as of the effective date of this agreement and may be exchanged or redeemed under its terms.
Definition of "Existing Notes" in a loan modification and amendment agreement context
This definition links "Existing Notes" to revised lending terms.
"Existing Notes" refers to all debt obligations incurred before the execution of this agreement, which may be modified, extended, or restructured pursuant to the terms herein.
Definition of "Existing Notes" in a merger and acquisition financing context
This definition applies "Existing Notes" to deal-related obligations.
"Existing Notes" means all outstanding debt instruments of the company or its subsidiaries that were issued before the closing of this transaction and may be assumed, refinanced, or repaid as part of the acquisition.
Definition of "Existing Notes" in a convertible debt and equity conversion context
This definition ties "Existing Notes" to convertible financing.
"Existing Notes" refers to any outstanding convertible promissory notes or other debt instruments issued prior to the date of this agreement, which may be converted into equity under the applicable terms.
Definition of "Existing Notes" in a secured debt and collateralized financing context
This definition connects "Existing Notes" to secured lending.
"Existing Notes" means any previously issued debt obligations secured by liens, mortgages, or other collateral, which remain outstanding as of the effective date of this agreement.
Definition of "Existing Notes" in a subordinated debt and seniority ranking context
This definition links "Existing Notes" to debt priority.
"Existing Notes" refers to any debt securities or instruments issued before this agreement that are contractually subordinated to senior obligations in case of liquidation or restructuring.
Definition of "Existing Notes" in a bondholder consent and amendment agreement context
This definition applies "Existing Notes" to investor approvals.
"Existing Notes" means any bonds, debentures, or notes outstanding as of the execution date, which may require bondholder approval for modification, extension, or redemption.
Definition of "Existing Notes" in a distressed debt and restructuring context
This definition ties "Existing Notes" to insolvency scenarios.
"Existing Notes" refers to outstanding financial obligations that are subject to restructuring, renegotiation, or potential write-downs due to financial distress or insolvency proceedings.
Definition of "Existing Notes" in an intercreditor agreement and debt hierarchy context
This definition connects "Existing Notes" to multiple creditor arrangements.
"Existing Notes" means any outstanding debt securities or promissory notes issued prior to this agreement, which may be subject to intercreditor arrangements affecting payment priority and enforcement rights.
Definition of "Existing Notes" in an exchange offer and debt refinancing context*
This definition links "Existing Notes" to debt swaps.
"Existing Notes" refers to all outstanding debt securities eligible for exchange, modification, or replacement through an exchange offer, refinancing, or similar restructuring transaction.
Definition of "Existing Notes" in a bridge loan and short-term financing context
This definition applies "Existing Notes" to interim funding.
"Existing Notes" means any short-term debt instruments issued before this agreement that are intended to be refinanced or repaid through long-term financing arrangements.
Definition of "Existing Notes" in a default and acceleration clause context
This definition ties "Existing Notes" to breach scenarios.
"Existing Notes" refers to outstanding debt instruments that may be accelerated or become immediately due and payable upon the occurrence of an event of default.
Definition of "Existing Notes" in a private placement and institutional investor context
This definition connects "Existing Notes" to privately issued securities.
"Existing Notes" means any debt securities previously issued in a private placement transaction, which remain outstanding and subject to negotiated terms with institutional investors.
Definition of "Existing Notes" in a revolving credit facility and drawdown loan context
This definition links "Existing Notes" to ongoing borrowing arrangements.
"Existing Notes" refers to any drawn amounts or outstanding obligations under a revolving credit facility or drawdown loan arrangement as of the effective date of this agreement.
Definition of "Existing Notes" in a corporate spin-off and divestiture context
This definition applies "Existing Notes" to debt restructuring after a corporate separation.
"Existing Notes" means any outstanding debt obligations retained or assumed by the parent company or spun-off entity as part of a corporate restructuring or divestiture.
Definition of "Existing Notes" in a cross-default clause and debt agreement context
This definition ties "Existing Notes" to contractual default risks.
"Existing Notes" refers to outstanding debt obligations that may be subject to cross-default provisions, whereby a default on one obligation triggers a default on others.
Definition of "Existing Notes" in a leveraged buyout (LBO) and acquisition financing context
This definition connects "Existing Notes" to debt-driven acquisitions.
"Existing Notes" means any outstanding indebtedness of the target company that remains in place or is refinanced as part of a leveraged buyout or acquisition financing transaction.
Definition of "Existing Notes" in a covenant compliance and financial ratio test context
This definition links "Existing Notes" to financial covenant obligations.
"Existing Notes" refers to any debt instruments issued before this agreement that are subject to financial covenants, including leverage ratios, interest coverage, and debt service coverage requirements.
Definition of "Existing Notes" in a sovereign debt and government bond issuance context
This definition applies "Existing Notes" to public sector borrowing.
"Existing Notes" means any outstanding sovereign bonds, treasury notes, or government-issued debt securities that remain in circulation and may be refinanced or restructured.
Definition of "Existing Notes" in an intercompany loan and affiliate financing context
This definition ties "Existing Notes" to intra-group lending.
"Existing Notes" refers to outstanding debt instruments or promissory notes between affiliated entities, subsidiaries, or parent companies as part of intercompany financing arrangements.
Definition of "Existing Notes" in a secured bond issuance and lien priority context
This definition connects "Existing Notes" to collateralized obligations.
"Existing Notes" means any secured bonds or debt securities issued prior to this agreement that are backed by liens, pledges, or other forms of collateral.
Definition of "Existing Notes" in a high-yield debt and junk bond market context
This definition links "Existing Notes" to speculative-grade securities.
"Existing Notes" refers to outstanding high-yield bonds or other sub-investment-grade debt instruments issued before the date of this agreement.
Definition of "Existing Notes" in a bankruptcy proceeding and creditor claim context
This definition applies "Existing Notes" to insolvency claims.
"Existing Notes" means any pre-existing debt obligations that may be subject to creditor claims, restructuring plans, or reorganization proceedings in a bankruptcy case.
Definition of "Existing Notes" in a debt assumption and liability transfer context
This definition ties "Existing Notes" to debt succession.
"Existing Notes" refers to any previously issued debt obligations that are assumed by another entity under a merger, acquisition, or restructuring transaction.
Definition of "Existing Notes" in a debt-to-equity conversion and recapitalization context
This definition connects "Existing Notes" to capital restructuring.
"Existing Notes" means any outstanding debt instruments that may be converted into equity as part of a recapitalization, restructuring, or strategic financial plan.
Definition of "Existing Notes" in a fixed-income investment and interest-bearing securities context
This definition links "Existing Notes" to investor obligations.
"Existing Notes" refers to any outstanding fixed-income securities, including bonds, notes, or debentures, that continue to accrue interest until maturity or redemption.
Definition of "Existing Notes" in an unsecured debt and credit risk context
This definition applies "Existing Notes" to non-collateralized lending.
"Existing Notes" means any previously issued debt obligations that are not backed by specific collateral and remain outstanding as of the date of this agreement.
Definition of "Existing Notes" in a distressed asset and special situations investment context
This definition ties "Existing Notes" to high-risk investment strategies.
"Existing Notes" refers to previously issued debt instruments that are subject to distressed asset investment strategies, potential restructuring, or negotiated settlements.
Definition of "Existing Notes" in a liability management and refinancing strategy context
This definition connects "Existing Notes" to corporate debt planning.
"Existing Notes" means any outstanding financial obligations that may be restructured, extended, or refinanced as part of a liability management program.
Definition of "Existing Notes" in a hybrid security and mezzanine financing context
This definition links "Existing Notes" to complex financial instruments.
"Existing Notes" refers to any previously issued hybrid debt securities or mezzanine financing instruments that combine characteristics of debt and equity.
Definition of "Existing Notes" in a debt buyback and issuer redemption program context
This definition applies "Existing Notes" to debt repurchase plans.
"Existing Notes" means any outstanding debt obligations that may be repurchased, redeemed, or retired by the issuer through an open-market buyback or tender offer.
Definition of "Existing Notes" in an international bond issuance and cross-border financing context
This definition ties "Existing Notes" to global capital markets.
"Existing Notes" refers to any previously issued bonds or debt securities in international markets, including Eurobonds and foreign currency-denominated obligations.
Definition of "Existing Notes" in a hedge fund and distressed debt trading context
This definition connects "Existing Notes" to secondary market trading.
"Existing Notes" means any outstanding debt securities that may be bought, sold, or hedged by investment funds engaging in distressed debt or opportunistic trading strategies.
Definition of "Existing Notes" in a financial covenant breach and waiver agreement context
This definition links "Existing Notes" to compliance and default risk.
"Existing Notes" refers to any previously issued debt obligations that may be subject to financial covenant breaches, requiring waivers or amendments from lenders or bondholders.
Definition of "Existing Notes" in an environmental, social, and governance (ESG) bond issuance context
This definition applies "Existing Notes" to sustainable financing.
"Existing Notes" means any outstanding green bonds, sustainability-linked notes, or other ESG-focused debt instruments issued before the date of this agreement.
Definition of "Existing Notes" in a capital restructuring and shareholder rights offering context
This definition ties "Existing Notes" to equity-linked debt.
"Existing Notes" refers to outstanding debt securities that may be restructured into new instruments or exchanged for equity as part of a shareholder rights offering or recapitalization.
Definition of "Existing Notes" in a debt rollover and maturity extension context
This definition connects "Existing Notes" to extension strategies.
"Existing Notes" means any outstanding debt obligations that may be rolled over or extended under revised terms to avoid near-term maturity pressures.
Definition of "Existing Notes" in a venture debt and startup financing context
This definition links "Existing Notes" to growth-stage lending.
"Existing Notes" refers to previously issued venture debt instruments used to finance startups or high-growth companies, which remain outstanding under the terms of the original agreement.
Definition of "Existing Notes" in a state or municipal bond issuance context
This definition applies "Existing Notes" to public sector debt.
"Existing Notes" means any outstanding municipal bonds, state-issued notes, or local government debt obligations that remain in effect as of the date of this agreement.
Definition of "Existing Notes" in a pension fund and institutional investment context
This definition ties "Existing Notes" to long-term fixed-income holdings.
"Existing Notes" refers to any previously issued debt securities held by pension funds, sovereign wealth funds, or other institutional investors as part of a fixed-income portfolio.
Definition of "Existing Notes" in a multinational corporation and foreign subsidiary financing context
This definition connects "Existing Notes" to global corporate debt.
"Existing Notes" means any outstanding debt obligations issued by a multinational corporation or its subsidiaries in foreign markets, which remain payable under cross-border financing arrangements.
Definition of "Existing Notes" in a synthetic debt and credit derivative context
This definition links "Existing Notes" to financial derivatives.
"Existing Notes" refers to any previously issued debt securities that are subject to synthetic structures, including credit default swaps (CDS) or other derivative-based financing strategies.
Definition of "Existing Notes" in a blockchain-based security token and digital bond issuance context
This definition applies "Existing Notes" to tokenized assets.
"Existing Notes" means any debt securities issued as digital tokens or recorded on blockchain-based platforms that remain outstanding as of the effective date of this agreement.
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