Acceleration Step definition

Acceleration Step has the meaning given to it in Clause 5.1 (Acceleration Step).
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Acceleration Step means (a) the taking of any step to declare any Bond to be or become immediately due and payable, or payable on an accelerated basis under the Bond Documents or (b) the taking of any enforcement or similar action in relation to any Security Interest in respect of the Bonds;
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Acceleration Step means: (a) any step to declare any Bond to be or become immediately due and payable, or payable on an accelerated basis under these Conditions; or(b) any enforcement or similar action in relation to any Security (if any) in respect of the Bonds. "Affiliate" means, in relation to a person, a Subsidiary or Holding Company of that person or a Subsidiary of that Holding Company. "Articles of Agreement" means the articles of agreement of CGIF originally dated 11 May 2010 as amended on 27 November2013, 31 May 2016, 23 May 2017 and 31 May2018 (as may be further amended or supplemented from time to time). "Baht" means Thai Baht, the lawful currency of the Kingdom of Thailand. "Bonds" means Baht denominated bonds issued by the Issuer namely, "The Guaranteed Bonds of Yoma Strategic Holdings Ltd. No. 1/2562 (2019) DueB.E. 2567 (2024)," under these Conditions which remain outstanding. "Bond Certificate(s)" means the certificate(s) issued in accordance with Condition 3.1 (Bond Certificates), representing such Bond(s) in the form specified in Annex A. "Bondholder(s)" means the person(s) who owns Bond(s) in accordance with Condition 3.3 (Ownership of Bonds). "Bondholders' Representative" means Bangkok Bank Public Company Limited or any successor as the Bondholders' Representative in respect of the Bonds. "Bondholders' Representative Appointment Agreement" means the Thai law governed Bondholders' Representative appointment agreement entered into between the Bondholders' Representative and the Issuer dated on or around 25 January 2019 or the agreement appointing a new Bondholders' Representative to replace the existing Bondholders' Representative (if any). "Bond Rights" means all rights relating to the Bonds including, without limitation, the right to receive principal and interest on the Bonds and the right to attend and vote at meetings of the Bondholders. "Business Day" means a day (other than a Saturday or Sunday) on which commercial banks are open for general business in Bangkok, Thailand.
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Examples of Acceleration Step in a sentence

  • Acceleration Step has the meaning given to such term in Clause 5.1 (Acceleration Step).

  • In these Conditions: Acceleration Step has the meaning given to it in Clause 5.1 (Acceleration Step) of the CGIF Guarantee.

  • In this Agreement: Acceleration Step has the meaning given to it in Clause 5.1 (Acceleration Step).

Related to Acceleration Step

  • Acceleration Date on any Security means the date, if any, on and after which the principal or any or all installments of interest, or both, are due and payable on any Security which has become accelerated pursuant to the terms of the Security.

  • Acceleration Event means the occurrence of an Event of Default (a) in respect of which Agent has declared all or any portion of the Obligations to be immediately due and payable pursuant to Section 10.2, (b) pursuant to Section 10.1(a), and in respect of which Agent has suspended or terminated the Revolving Loan Commitment pursuant to Section 10.2, and/or (c) pursuant to either Section 10.1(e) and/or Section 10.1(f).

  • Acceleration means, with respect to the amounts payable in respect of the Equipment Notes issued under any Indenture, such amounts becoming immediately due and payable by declaration or otherwise. “Accelerate”, “Accelerated” and “Accelerating” have meanings correlative to the foregoing.

  • Additional First Lien Documents means, with respect to any Series of Additional First Lien Obligations, the notes, credit agreements, indentures, security documents and other operative agreements evidencing or governing such Indebtedness, and each other agreement entered into for the purpose of securing any Series of Additional First Lien Obligations.

  • Default Repayment Date means the settlement date set out by the Bond Trustee in a Default Notice requesting early redemption of the Bonds.

  • Credit Event Upon Merger has the meaning specified in Section 5(b).

  • Debt Repayment Triggering Event means any event or condition which gives, or with the giving of notice or lapse of time would give, the holder of any note, debenture or other evidence of indebtedness (or any person acting on such holder’s behalf) the right to require the repurchase, redemption or repayment of all or a portion of such indebtedness by the Company or any of its subsidiaries.

  • Issuer Event of Default means the occurrence of any of the following events:

  • Additional First Lien Obligations means any Indebtedness having Pari Passu Lien Priority relative to the Notes with respect to all or a portion of the Collateral whose Authorized Representative has executed a joinder to the First Lien Intercreditor Agreement.

  • Acceleration Request means a request pursuant to Operating Agreement, Schedule 1, section 1.9.4A, and the parallel provisions of Tariff, Attachment K-Appendix, section 1.9.4A, to accelerate or reschedule a transmission outage scheduled pursuant to Operating Agreement, Schedule 1, section 1.9.2 or Operating Agreement, Schedule 1, section 1.9.4, and the parallel provisions of Tariff, Attachment K-Appendix, section 1.9.2 or Tariff, Attachment K-Appendix, section 1.9.4.

  • Early Maturity Date means the date notified to the Investor as such in the Early Maturity Notice;

  • Amortization Schedule means, with respect to each Equipment Note, the amortization schedule for such Equipment Note delivered pursuant to Section 2.02 of the Trust Indenture.

  • Particle accelerator means any machine capable of accelerating electrons, protons, deuterons, or other charged particles in a vacuum and of discharging the resultant particulate or other radiation into a medium at energies usually in excess of one MeV. For purposes of this definition, "accelerator" is an equivalent term.