High Yield Offering. The Company shall have completed the High ------------------- Yield Offering on or before April 30, 1998 on terms approved by the Board of Directors of the Company with aggregate gross proceeds of at least $100,000,000.
High Yield Offering. (a) The Buyer Parties shall use their commercially reasonable efforts to take, or cause to be taken, all actions, and to do, or cause to be done, all things necessary, proper and advisable to consummate the High Yield Offering, and the Buyer confirms that its current intention is to consummate a High Yield Offering yielding sufficient proceeds to pay the Dividend. Without limiting the generality of the foregoing sentence, the Buyer Parties shall not take any action, or permit any of their Affiliates to take any action, to materially diminish the ability of any party to the High Yield Documents to consummate, or materially impair, prevent or delay any such party’s ability to consummate the High Yield Offering, including taking any action that is intended or would reasonably be expected to result in any of the conditions to any such party’s obligations to consummate such High Yield Offering to not be satisfied.
(b) Without limiting the generality of Section 7.10(a), the Buyer Parties shall, at the Buyer Parties’ sole cost and expense, use commercially reasonable efforts to fully satisfy in all material respects, on a timely basis, all terms, conditions, representations and warranties set forth in the High Yield Documents. The Buyer Parties shall use commercially reasonable efforts to enter into the High Yield Documents as soon as reasonably practicable but in any event prior to or at the Closing so as to permit the consummation of the High Yield Offering at or prior to the Closing.
High Yield Offering. The high yield offering of the Buyer (the “High Yield Offering”) shall have yielded sufficient aggregate proceeds, together with available excess cash, to repay in full the Company Indebtedness and the Checksmart Indebtedness, and shall otherwise have been completed to the satisfaction of the Buyer.
High Yield Offering. HTI shall have completed a subordinated debt ------------------- offering on terms satisfactory to the Administrative Agent (including the subordination provisions thereof), and HTI shall have received the proceeds thereof in an amount of no less than $150,000,000, less reasonable, customary fees and expenses (the "High Yield Offering") pursuant to the High Yield ------------------- Documents.
High Yield Offering. Prior to or substantially simultaneously with the Closing, PHH or the Escrow Issuer shall have completed the High Yield Offering.
High Yield Offering. 18 Article 5
High Yield Offering. The Company shall have consummated or be ------------------- simultaneously consummating its offering of Senior Discount Notes due 2009, which offering shall result in proceeds to the Company (net of placement and similar fees) of at least $150,000,000 (the "High Yield Offering"). -------------------
High Yield Offering. The Company shall have consummated or be ------------------- simultaneously consummating the High Yield Offering.
High Yield Offering. (a) Evidence that Cableco has received gross proceeds of the High Yield Notes in an amount not less than the aggregate of £375 million, $525 million and €225 million.
(b) Evidence satisfactory to the Mandated Lead Arrangers that sufficient amounts are available from the proceeds of the High Yield Notes and any cash on hand to ensure that all amounts due and payable upon redemption of the Diamond Notes and Triangle Notes are made, or will be made, available to the relevant issuers thereof.
(c) Evidence that the proceeds of the High Yield Notes (other than the proceeds to be applied by the Borrower to enable Diamond Holdings to repay the Diamond Notes and to meet its share of the costs of the High Yield Offering) will be invested in the Borrower on or before the Closing Date or otherwise applied in a manner agreed to by the Facility Agent.
High Yield Offering. The Borrower shall have received at least $500,000,000 in gross proceeds from the issuance of the Subordinated Notes, on terms set forth in the Preliminary Offering Circular, dated June 14, 1999 in respect thereof and otherwise satisfactory to the Administrative Agent.
