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”. “Availability Period” means the period from and including the Closing Date to but excluding the earliest of (a) the date of termination of the Initial Revolving Credit Commitments pursuant to Section 2.07, (b) the date of termination of the Initial Revolving Credit Commitment of each Initial Revolving Lender to make Initial Revolving Loans and the obligation of each Issuing Bank to issue Letters of Credit pursuant to Section 2.04 and (c) the Initial Revolving Credit Maturity Date. “Available Amount” means, at any time, an amount equal to, without duplication: (a) the sum of: (i) the greater of $160,000,000 and 40% of Consolidated Adjusted EBITDA as of the last day of the most recently ended Test Period; plus (ii) the CNI Growth Amount; provided that such amount shall not be available (A) for any Restricted Payment pursuant to Section 6.03(a)(iii)(A) if any Specified Event of Default shall then exist or would result therefrom or (B) for any Restricted Debt Payment pursuant to Section 6.03(b)(vi)(A) if any Specified Event of Default shall then exist or would result therefrom, subject to Section 1.04(e); plus (iii) the amount of any capital contributions or other proceeds of any issuance of Capital Stock of Holdings (other than any amounts (v) relied on to incur Indebtedness pursuant to Section 6.01, (w) constituting a Cure Amount, (x) constituting an Available Excluded Contribution Amount or proceeds of an issuance of Disqualified Capital Stock, (y) received from any Borrower or any Restricted Subsidiary or (z) consisting of the proceeds of any loan or advance made pursuant to Section 6.04(h)(ii)) received as Cash equity by any Borrower or any Restricted Subsidiary, plus the fair market value, as determined by the Administrative Borrower in good faith, of Cash Equivalents, marketable securities or other property received by any Borrower or any Restricted Subsidiary as a capital contribution or in return for any issuance of Capital Stock (other than any amounts (v) relied on to incur Indebtedness pursuant to Section 6.01(u), (w) constituting a Cure Amount, (x) constituting an Available Excluded Contribution Amount or proceeds of any
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.
More Definitions of Auction Response Date
Auction Response Date means as defined in Section 9.7(k).
Auction Response Date has the meaning assigned to such term in the definition of “Dutch Auction”. “Availability Period” means the period from and including the Closing Date to but excluding the earliest of (a) the date of termination of the Initial Revolving Credit Commitments pursuant to Section 2.07, (b) the date of termination of the Initial Revolving Credit Commitment of each Initial Revolving Lender to make Initial Revolving Loans and the obligation of each Issuing Bank to issue Letters of Credit pursuant to Section 2.04 and (c) the Initial Revolving Credit Maturity 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 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.