Affiliate Financing definition

Affiliate Financing means financing or refinancing obtained from a Partner or an Affiliate of a Partner by the Partnership.
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Affiliate Financing means the issuance by Holdings or any Subsidiary thereof of debt securities that are secured by the ultra-deepwater drill ship “DEEPWATER PROTEUS” and the proceeds of the related drilling contract with Shell.
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Affiliate Financing means financing or refinancing obtained from a Partner or an Affiliate of a Partner by the Partnership or an Owning Entity, as the case may be.
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Examples of Affiliate Financing in a sentence

  • There are no other agreements, side letters or arrangements that would permit the Lenders to reduce the amount of the Debt Financing, that would permit Investor to reduce the amount of the Affiliate Financing or that could otherwise affect the availability of the Debt Financing or the Affiliate Financing.

  • Except as set forth in (i) the Financing Commitments and (ii) Section 2 of the Affiliate Commitment Letter, there are no conditions precedent to the respective obligations of the Lenders to fund the Debt Financing or of Investor to fund the Affiliate Financing.

  • Pursuant to Section 2.11 of the Indenture, the interest rate of the Securities shall automatically increase to match the All-In Yield of any Affiliate Financing with an All-In Yield of at least 1.00% higher than the All-In Yield of the Securities, if any such Affiliate Financing is consummated within three months after the Issue Date.

  • The Company hereby covenants and agrees that any and all sales by the Company of its equity securities in any Affiliate Financing shall be made on good faith terms and at commercially reasonable valuations.

  • GMAC is willing to provide Dealership Financing, but only in accordance with the terms and conditions of this Agreement and may, from time to time, provide Affiliate Financing.

  • Immediately after the consummation of the transactions to occur on the Closing Date (including the consummation of the transactions contemplated hereby and by the other Transaction Documents, the Senior Credit Facility, the Nortel Agreement, the Bechtel Agreement and the other Vendor Agreements and the Affiliate Financing Documents) and immediately following the issuance of each Convertible Note and after giving effect to the application of the proceeds thereof, each of the Company and MFNS is Solvent.

  • The Purchaser shall have received evidence that the Company shall have received net cash proceeds in an amount at least equal to $180,000,000 pursuant to the issuance of the Affiliate Notes and the Affiliate Financing Documents, all of which shall be in form and substance satisfactory to the Purchaser and that the transactions contemplated by the Affiliate Financing Documents shall have been consummated.

  • The Partnership may obtain funds (“Required Funds”) which it considers necessary to meet the needs and obligations and requirements of the Partnership, or to maintain adequate working capital or to repay Partnership indebtedness, and to carry out the Partnership’s purposes, from the proceeds of Third Party Financing or Affiliate Financing.

  • Lend or advance money, credit, or property to any Person, except for (1) loans to Subsidiaries, (2) trade credit extended in the ordinary course of business, (3) loans made by Borrower to its members on open account maintained by such members with Borrower or made by Borrower to its members pursuant to its Affiliate Financing CoBank Participation Program; provided that the aggregate principal amount of all such loans outstanding at any time shall not exceed $150,000,000 and (4) loans made by Fin-Ag, Inc.

  • Evidence reasonably acceptable to Bechtel that the Company and each of the parties thereto shall be in a position to simultaneously consummate: (a) the Citicorp Facility, (b) the Nortel Financing, (c) the Affiliate Financing, (d) the Verizon Financing and (e) each Vendor Financing in each case upon terms and subject to conditions reasonably satisfactory to Bechtel as to their form and substance.


More Definitions of Affiliate Financing

Affiliate Financing means any single equity financing after the Issue Date for the sole purpose of raising capital, whereby the Company issues and sells equity securities solely to an entity or entities that, directly or indirectly, controls, or is under common control with, the Company (“Derivative Securities”) and the Purchaser’s percentage equity holdings in the Company as of immediately following such Affiliate Financing (calculated on an as-converted and fully-diluted basis) is less than sixty percent (60%) of the Purchaser’s percentage equity holdings in the Company as of immediately prior to such Affiliate Financing (calculated on an as-converted and fully-diluted basis), but shall exclude in any case any of the following:
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Affiliate Financing has the meaning set forth in Section 5.10.
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Affiliate Financing has the meaning in the definition of 8.5% Senior Convertible Notes.
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Related to Affiliate Financing

  • Affiliate Transaction has the meaning provided in Section 4.11.

  • Affiliate Contract means any contract or agreement between the Company or any of its Subsidiaries (including the Partnership Group), on the one hand, and any Member or Members or any Affiliate or Affiliates of Members, on the other hand.

  • Controlled Affiliate means any corporation, limited liability company, partnership, joint venture, trust or other entity or enterprise, whether or not for profit, that is directly or indirectly controlled by the Company. For purposes of this definition, “control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of an entity or enterprise, whether through the ownership of voting securities, through other voting rights, by contract or otherwise; provided that direct or indirect beneficial ownership of capital stock or other interests in an entity or enterprise entitling the holder to cast 15% or more of the total number of votes generally entitled to be cast in the election of directors (or persons performing comparable functions) of such entity or enterprise shall be deemed to constitute control for purposes of this definition.

  • Affiliate of any specified Person means any other Person directly or indirectly controlling or controlled by or under direct or indirect common control with such specified Person. For the purposes of this definition, "control" when used with respect to any specified Person means the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise; and the terms "controlling" and "controlled" have meanings correlative to the foregoing.