Re-Pricing. The Loans and the Class A-1a Notes issued as a result of the Loans being converted into the Class A-1a Notes in accordance with this Agreement and the Indenture will not be subject to Re-Pricing.
Re-Pricing. The Loans will not be subject to Re-Pricing.
Re-Pricing. Notwithstanding anything herein or in the Indenture to the contrary, the Class A Debt shall not be subject to re-pricing under the terms of Section 9.6 of the Indenture.
Re-Pricing. (a) On any Business Day on or after the end of the Non-Call Period, at the written direction of the Collateral Manager or a Majority of the Subordinated Notes (with the consent of the Collateral Manager), the Issuer shall reduce the spread over the Benchmark (or, in the case of a Re-Pricing of the Fixed Rate Notes, the Interest Rate) applicable with respect to any Class of Re-Pricing Eligible Notes (such reduction with respect to any such Class of Secured Notes, a “Re-Pricing” and any Class of Secured Notes to be subject to a Re-Pricing, a “Re-Priced Class”); provided that, the Issuer shall not effectuate any Re-Pricing unless each condition specified in this Section 9.7 is satisfied with respect thereto; provided, further, that after it receives notice that any Re-Pricing is effected, the Trustee on behalf of the Issuer shall notify each Rating Agency in writing of such Re-Pricing. In connection with any Re-Pricing, the Issuer may engage a broker-dealer (the “Re-Pricing Intermediary”) upon the recommendation of the Collateral Manager and such Re-Pricing Intermediary shall assist the Issuer in effecting the Re-Pricing. For the avoidance of doubt, only Re-Pricing Eligible Notes will be subject to Re-Pricing. Except with respect to Notes of a Re-Priced Class for which an Election to Retain has been exercised in accordance with Section 9.7(b), the Notes of each Re-Priced Class may be subject to Mandatory Tender and subsequent transfer in accordance with the Operational Arrangements (defined below) (a “Mandatory Tender”) or redeemed in a Re-Pricing Redemption, in each case at the respective Redemption Price, in accordance with the provisions of this Section 9.7. Each Holder, by its acceptance of an interest of Notes in a Class of Re-Pricing Eligible Notes, agrees that (i) it will tender and transfer its Notes in accordance with this Section 9.7 and agrees to cooperate with the Issuer, the Re-Pricing Intermediary (if any) and the Trustee to effect such tender and transfer and (ii) its Notes may be redeemed in a Re-Pricing Redemption.
(b) At least 15 Business Days (or such shorter period of time as the Trustee and the Collateral Manager find reasonably acceptable) prior to the Business Day fixed by the Collateral Manager or at least a Majority of the Subordinated Notes (with the consent of the Collateral Manager) for any proposed Re-Pricing (the “Re-Pricing Date”), the Issuer shall deliver a notice (with a copy to the Collateral Manager, the Trustee and each Rat...
Re-Pricing. For avoidance of doubt, the Loans and the Class A-1A Notes will not be subject to Re-Pricing.
Re-Pricing. Notwithstanding anything herein or in the Indenture to the contrary, the Loans will not be subject to Re-Pricing as set forth in Section 9.7 of the Indenture.
Re-Pricing. The Floating Rate Tranche Margin shall be in effect until the seventh anniversary of the Closing Date (“Re-pricing Date”). Borrower and the Administrative Agent shall negotiate in an effort to reach agreement on a revised Floating Rate Tranche Margin to take effect on the day after the Re-pricing Date (“Revised Floating Rate Tranche Margin”). In the event that such parties reach agreement on the Revised Floating Rate Tranche Margin, and it is approved by the Syndication Parties as provided in Section 14.7.1(f) hereof, such Revised Floating Rate Tranche Margin shall take effect on the day after the Re-pricing Date and shall thereafter be deemed to be the Floating Rate Tranche Margin. In the event that such parties fail to reach agreement on the Revised Floating Rate Tranche Margin which is approved by the Syndication Parties as provided in Section 14.7.1(f) hereof, Borrower shall, on or before the Banking Day coinciding with, or immediately following, the date which is thirty (30) days after the Re-pricing Date, pay in full all amounts owing under the Floating Rate Tranche of the Term Loan, and such date shall become the Maturity Date for such Floating Rate Tranche of the Term Loan.
Re-Pricing. The LMI Board of Directors cannot, without stockholder approval, authorize the amendment of the terms to any outstanding option or SAR to reduce its price per share or cancel any option or SAR in exchange for cash or Table of Contents another stock award with an exercise price that is less than the exercise price of the original options or SARs, except in connection with a corporate transaction involving LMI (including, without limitation, any stock dividend, stock split, extraordinary cash dividend, recapitalization or reorganization event).
Re-Pricing. Where Aspire secures a discount, resulting from a process of re-pricing negotiations with preferred provider organization (PPO) networks, Aspire shall pass on 65% of such negotiated discounts to the Subscriber. This service is available in the United States of America only.
Re-Pricing. Where Intl.SOS secures a discount, resulting from a process of re-pricing negotiations with preferred provider organization (PPO) networks, Intl.SOS shall pass on 65% of such negotiated discounts to the Subscriber. This service is available in the United States of America only.
