Auction Response Date definition

Auction Response Date has the meaning assigned to such term in the definition of “Dutch Auction”.

Auction Response Date has the meaning assigned to such term in the definition of “Dutch Auction”. “Available Amount” means, at any time, an amount equal to, without duplication:

Auction Response Date has the meaning assigned to such term in the definition of “Dutch Auction”. 1 RBC Capital Markets is a brand name for the capital markets businesses of Royal Bank of Canada and its affiliates.

Examples of Auction Response Date in a sentence

• Any Lender whose Return Bid is not received by the Auction Agent by the Auction Response Date shall be deemed to have declined to participate in the relevant Auction with respect to all of its Term Loans.

• Any Lender whose Return Bid is not received by the Auction Agent by the Auction Response Date shall be deemed to have declined to participate in the relevant Auction with respect to all of its Loans.

• Any Lender whose Return Bid is not received by the Auction Manager by the Auction Response Date shall be deemed to have declined to participate in the relevant Auction with respect to all of its Term Loans.

• Any Lender whose [[5470263]] Return Bid is not received by the Auction Agent by the Auction Response Date shall be deemed to have declined to participate in the relevant Auction with respect to all of its Term Loans.

• The Auction Agent will promptly provide each appropriate Lender with a copy of the Auction Notice and a form of the Return Bid to be submitted by a responding Lender to the Auction Agent (or its delegate) by no later than 5:00 p.m. on the date specified in the Auction Notice (or such later date as the Auction Party may agree with the reasonable consent of the Auction Agent) (the “ Auction Response Date ”).

• Any Holder whose Return Bid is not received by the Auction Agent by the Auction Response Date shall be deemed to have declined to participate in the relevant Auction with respect to all of its Term Notes.

More Definitions of Auction Response Date

Auction Response Date has the meaning specified in the definition of “Dutch Auction”. “Dutch Auction” means an auction (an “Auction”) conducted by the Borrower or any of its Subsidiaries (an “Auction Party”) in order to purchase and retire Loans in accordance with the following procedures or other procedures mutually acceptable to the Borrower, the Auction Agent and the Administrative Agent; provided that no Auction Party shall initiate any Auction unless (I) at least five Business Days have passed since the consummation of the most recent purchase of Loans pursuant to an Auction conducted hereunder; or (II) at least three Business Days have passed since the date of the last Auction which was withdrawn:

Auction Response Date has the meaning assigned to such term in the definition of “Dutch Auction”. “Available Amount” means, at any time, an amount equal to, without duplication: (a) the sum of: (i) $350,000,000; plus (ii) 50% of the Consolidated Net Income of the Lead Borrower for the period (taken as one accounting period) from October 1, 2019 to the end of the Lead Borrower’s most recently ended fiscal quarter in respect of which a Compliance Certificate has been 1 RBC Capital Markets is a brand name for the capital markets businesses of Royal Bank of Canada and its affiliates.

Auction Response Date means as defined in Section 9.7(k).