Class A Purchase Date definition

Class A Purchase Date has the meaning set forth in Section 11.8(d)(ii)(A).

Class A Purchase Date has the meaning set forth in Section 15.2(a).

Class A Purchase Date is defined in Section 1.1(c).

Examples of Class A Purchase Date in a sentence

• The closing of the purchase contemplated by this Section 11.8 shall occur on the Class A Purchase Date at such place as is mutually agreeable to the Members, or upon the failure to agree, at the principal place of business of the Company.

• Subject to Section 7.2 and the other terms and conditions hereof, each Class A Purchaser shall transfer the applicable Class A Purchaser’s Class A Commitment Percentage of the requested Class A Purchase Amount to the Agent by no later than 2:00 p.m. (Chicago time) on the Class A Purchase Date.

• Delivery of a notice of redemption pursuant to this Section 15.1(d) and Section 15.2(a) shall constitute a rescission of any Liquidation Event Notice delivered prior to the date of such redemption notice; provided, however, such Liquidation Event Notice shall be deemed reinstated upon the failure of the Company to pay or cause the payment of the Class A Purchase Price on the Class A Purchase Date.

• Delivery of a notice of redemption pursuant to this Section 15.1(c) and Section 15.2(a) shall constitute a rescission of any Liquidation Event Notice delivered prior to the date of such redemption notice; provided, however, such Liquidation Event Notice shall be deemed reinstated upon the failure of the Company to pay or cause the payment of the Class A Purchase Price on the Class A Purchase Date.

More Definitions of Class A Purchase Date

Class A Purchase Date pursuant to Section 15.1, the Company shall provide at least five (5) days’, but not more than sixty (60) days’, prior notice of such election, which notice shall be sent or delivered to the Administrative Agent (or to the address, pursuant to Section 17.1, of each Class A Limited Member holding Class A Limited Membership Interests to be redeemed, if no Administrative Agent is appointed at the time). If the notice required under the preceding sentence is sent or delivered to the Administrative Agent, the Managing Member or, at its option, the Administrative Agent shall deliver a copy of such notice to the address, pursuant to Section 17.1, of each Class A Limited Member holding Class A Limited Membership Interests to be redeemed.

Class A Purchase Date and shall be equal to applicable Class A Limited Member’s Preferred Return Capital as of the Class A Purchase Valuation Date. In the event that, on the Class A Purchase Date, the rating assigned to the senior unsecured and unsupported long-term debt obligations of a Class A Limited Member is below A- by S&P or A3 by Xxxxx’x, then such Class A Limited Member will be required, unless its repayment obligation under clause (b) below is guaranteed by a Person whose debt obligations are so rated, to hold in escrow any amount of the first installment remaining after payment of its obligations to its creditors; and

Class A Purchase Date pursuant to Section 15.1 on at least five (5) days’, but not more than sixty (60) days’, prior notice sent or delivered to the Administrative Agent (or to the address, pursuant to Section 17.1, of each Class A Limited Member holding Class A Limited Membership Interests to be redeemed, if no Administrative Agent is appointed at the time). The Managing Member or, at its option, the Administrative Agent (if any) shall deliver such notice to the address, pursuant to Section 17.1, of each Class A Limited Member holding Class A Limited Membership Interests to be redeemed. The Company shall be deemed to exercise its redemption rights set forth in Section 15.1(a) or 15.1(b), as applicable, upon delivery of notice by the Company to the Administrative Agent (or to the applicable Class A Limited Members, if no Administrative Agent is appointed at the time).

Class A Purchase Date has the meaning given to such term in Section 6.12.