Applicable Discount Price definition

Applicable Discount Price is defined in Section 2.29(b).

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Applicable Discount Price shall have the meaning set forth in the definition of “Dutch Auction.”

Applicable Discount Price as defined in Section 2.7(d)(ii).

Examples of Applicable Discount Price in a sentence

Each Discounted Buyback shall be consummated pursuant to procedures (including as to timing, rounding and minimum amounts, type and Interest Periods of accepted Term Loans, conditions for terminating a Discounted Buyback or rescinding an acceptance of prepayment, forms of other notices (including notices of offer and acceptance) by Borrower and Lenders and determination of Applicable Discount Price) established by Agent acting in its reasonable discretion in consultation with Borrower.
The equivalent par principal amount of the Loans prepaid at the Applicable Discount Price pursuant to this Section 1.7(d) shall be deemed immediately cancelled upon payment of the applicable Discounted Prepayment.
The equivalent par principal amount of the Loans prepaid at the Applicable Discount Price pursuant to this Section 1.7(d) shall be applied to reduce the remaining installments of the respective Term Loans owing to the Lenders so prepaid pro rata against all such scheduled installments based upon the respective amounts thereof (without affecting the amount of the installment payments owing to the Lenders not prepaid pursuant to this Section 1.7(d)).

More Definitions of Applicable Discount Price

Applicable Discount Price as defined in Section 2.25(b). “Applicable Margin” means:

Applicable Discount Price has the meaning ascribed thereto in Section 1.7(d)(ii).

Applicable Discount Price shall have the meaning set forth in Section 2.23(a)(i).

Applicable Discount Price shall have the meaning set forth in the definition of “Dutch Auction.” “Applicable Margin” shall mean, at any date, (1) with respect to each Initial Term Loan that is a Base Rate Loan, (i) prior to the Second Amendment Effective Date, 2.00% per annum, (ii) on and after the Second Amendment Effective Date but prior to the Third Amendment Effective Date (in each case, including with respect to each 2019-B Term Loans), 2.75% per annum and (iii) on and after the Third Amendment Effective Date (including with respect to Amendment No. 3 Refinancing Term Loans), 2.25% per annum and (2) with respect to each Initial Term Loan that is a LIBORSOFR Loan, (i) prior to the Second Amendment Effective Date, 3.00% per annum, (ii) on and after the Second Amendment Effective Date but prior to the Third Amendment Effective Date (in each case, including with respect to each 2019-B Term Loans), 3.75% per annum and (iii) on and after the Third Amendment Effective Date (including with respect to each Amendment No. 3 Refinancing Term Loans), 3.25% per annum; provided that, for so long as Borrower maintains public corporate credit and corporate family ratings of (x) B1 (stable outlook) from ▇▇▇▇▇’▇ or higher and (y) B+ (stable outlook) from S&P or higher, the percentages set forth in clauses (1)(iii) and (2)(iii) will be reduced by 0.25%. Any increase or decrease in the Applicable Margin resulting from a change in the public corporate credit and corporate family ratings shall become effective as of the first Business Day immediately following the date a Compliance Certificate is delivered pursuant to Section 7.02(b). “Applicable Other Indebtedness” shall have the meaning set forth in Section 4.02(e). #4848-1207-1386 4