Currency Conversion Election Period definition

Currency Conversion Election Period has the meaning specified in Section 5.11(a) of the Base Indenture.
Currency Conversion Election Period has the meaning specified in Section 5.11(a) of the Base Indenture. “Currency Conversion Opt-Out Excluded Weekly Allocation Date” means, with respect to a Weekly Allocation Date, that due to a lack of Canadian Collections of the Canadian Co-Issuer or a lack of U.S. Collections of the Issuer, as applicable, any payments or allocations of the Issuer or Canadian Co- Issuer, as applicable, are required to fund a shortfall of the aggregate amounts payable or allocable pursuant to (x) priorities (i)-(vii) or (xix) of the Priority of Payments for a Weekly Allocation Date within the Initial Currency Conversion Election Period or (y) priorities (i)-(xxviii) of the Priority of Payments for a Weekly Allocation Date within the Extended Currency Conversion Election Period. “Currency Conversion Opt-Out Weekly Allocation Date” has the meaning specified in Section 5.11(a) of the Base Indenture. “Currency Conversion Opt-Out Weekly Allocation Time” has the meaning specified in Section 5.11(f) of the Base Indenture. “Currency Conversion Weekly Allocation Date” has the meaning specified in Section 5.11(a) of the Base Indenture. “Currency Conversion Weekly Allocation Time” has the meaning specified in Section 5.11(f) of the Base Indenture. “DBH” means Driven Brands Holdings Inc., a Delaware corporation. “DBI” means Driven Brands, Inc., a Delaware corporation. “Debt Service” means, with respect to any Quarterly Payment Date, the sum of (A) the Senior Notes Aggregate Quarterly Interest plus (B) the Senior Subordinated Notes Accrued Quarterly Interest Amount plus (C) the Class A-1 Notes Commitment Fees Amount plus (D) with respect to each Class of Senior Notes and Senior Subordinated Notes Outstanding, the aggregate amount of scheduled principal payments that would be due and payable on such Quarterly Payment Date, as ratably reduced by the aggregate amount of any payments of Indemnification Amounts, Release Prices, Asset Disposition Proceeds or Insurance/Condemnation Proceeds, after giving effect to any optional or mandatory prepayment of principal of any such Senior Notes or Senior Subordinated Notes or any repurchase and cancellation of such Senior Notes or Senior Subordinated Notes, but without giving effect to any reductions available due to satisfaction of any Series Non-Amortization Test on such Quarterly Payment Date. For the purposes of calculating the DSCR for any period during which one or more Permitted Acquisitions or Eligible Pre-Funded Acquisitions occurs, such Per...

Related to Currency Conversion Election Period

  • Cash Settlement Amount means the “Cash Settlement Amount” as determined by the Calculation Agent in accordance with Paragraph 6.