Debt Exchanges definition

Debt Exchanges means one or more Public Debt Exchanges or Private Debt Exchanges.
Debt Exchanges means (i) OpCo issuing debt instruments to PK as partial consideration for the Internal Contribution to OpCo and PK using such debt instruments to satisfy some or all of the debt owed by PK to Hilton HHonors Worldwide, L.L.C., and (ii) HGV issuing debt instruments to PK as partial consideration for the Internal Contribution to HGV and PK using such debt instruments to satisfy some or all of the mortgage debt owed by PK and secured by a hotel in Bonnet Creek, Florida.
Debt Exchanges means the exchange offers for the Intelsat Notes on the terms described in the Exchange Offer Press Release and Schedule 1.1, or on such other terms as (x) subject to the restrictions set forth in the proviso in the first sentence of Section 7.11(f) of this Agreement, would satisfy the Exchange Offer Condition or (y) are consented to in writing by Company, such consent not to be unreasonably withheld, conditioned or delayed.

Examples of Debt Exchanges in a sentence

  • WhiteWave agrees that, at the request of Xxxx Foods, WhiteWave shall cooperate fully with Xxxx Foods to take any action necessary or reasonably helpful to effectuate the Distribution or the Equity for Debt Exchanges, including seeking to obtain, as expeditiously as possible, a Tax Opinion, Supplemental Tax Opinion, Ruling, and/or Supplemental Ruling.

  • On June 25, 2008, RHD completed an exchange of its senior notes and senior discount notes for new senior notes ("Debt Exchanges").

  • Permitted Debt Exchanges 59 SECTION 3 LETTERS OF CREDIT 62 3.1. L/C Commitment 62 3.2. Procedure for Issuance of Letter of Credit 63 3.3. Fees and Other Charges 63 3.4. L/C Participations 64 3.5. Reimbursement Obligation of the Borrower 64 3.6. Obligations Absolute 65 3.7. Letter of Credit Payments 65 3.8. Cash Collateral 65 3.9. Applications 66 3.10.

  • Permitted Debt Exchanges 61 SECTION 3 LETTERS OF CREDIT 64 3.1. L/C Commitment 64 3.2. Procedure for Issuance of Letter of Credit 65 3.3. Fees and Other Charges 66 3.4. L/C Participations 66 3.5. Reimbursement Obligation of the Borrower 67 3.6. Obligations Absolute 67 3.7. Letter of Credit Payments 68 3.8. Cash Collateral 68 3.9. Applications 69 3.10.

  • Debt (Exchanges owed to related party) includes$0 and $45,476 at September 30, 2016 and December 31, 2015, respectively.

  • Permitted Debt Exchanges 62 SECTION 3 LETTERS OF CREDIT 65 3.1. L/C Commitment 65 3.2. Procedure for Issuance of Letter of Credit 66 3.3. Fees and Other Charges 66 3.4. L/C Participations 67 3.5. Reimbursement Obligation of the Borrower 68 3.6. Obligations Absolute 68 3.7. Letter of Credit Payments 68 3.8. Cash Collateral 68 3.9. Applications 70 3.10.

  • Permitted Debt Exchanges 93 ARTICLE 3 TAXES, INCREASED COSTS PROTECTION AND ILLEGALITY Section 3.01.

  • After the Closing Date, Cargill may also consummate one or more Follow-on Debt Exchanges (together with the Initial Debt Exchange, the “Debt Exchanges”).

  • Permitted Debt Exchanges 6564 SECTION 3 LETTERS OF CREDIT 6866 3.1. L/C Commitment 6866 3.2. Procedure for Issuance of Letter of Credit 6967 3.3. Fees and Other Charges 6968 3.4. L/C Participations 6968 3.5. Reimbursement Obligation of the Borrower 7069 3.6. Obligations Absolute 7169 3.7. Letter of Credit Payments 7170 3.8. Cash Collateral 7170 3.9. Applications 7271 3.10.

  • Permitted Debt Exchanges 6263 SECTION 3 LETTERS OF CREDIT 6466 3.1. L/C Commitment 6466 3.2. Procedure for Issuance of Letter of Credit 6566 3.3. Fees and Other Charges 6667 3.4. L/C Participations 6667 3.5. Reimbursement Obligation of the Borrower 6768 3.6. Obligations Absolute 6768 3.7. Letter of Credit Payments 6869 3.8. Cash Collateral 6869 3.9. Applications 6970 3.10.


More Definitions of Debt Exchanges

Debt Exchanges shall have the meaning set forth in the recitals.
Debt Exchanges means one or more Public Debt Exchanges or Private Debt Exchanges. “Demand Registration” shall have the meaning set forth in Section 2.01(a). “Disadvantageous Condition” shall have the meaning set forth in Section 2.01(d).
Debt Exchanges shall have the meaning set forth in Section 4.2(a).
Debt Exchanges shall have the meaning set forth in the Merger and Distribution Agreement.
Debt Exchanges means the exchange offers for the Intelsat Notes on the terms described in the Exchange Offer Press Release and S chedule 1.1, or on such other terms as (x) subject to the restrictions set forth in the proviso in the first sentence of S ection 7.11(f) of this Agreement, would satisfy the Exchange Offer Condition or (y) are consented to in writing by Company, such consent not to be unreasonably withheld, conditioned or delayed.

Related to Debt Exchanges

  • Permitted Debt Exchange shall have the meaning provided in Section 2.15(a).

  • Permitted Debt Exchange Offer shall have the meaning provided in Section 2.15(a).

  • Permitted Debt Exchange Notes shall have the meaning provided in Section 2.15(a).

  • Securities Financing Transactions means repurchase agreements, reverse repurchase agreements, securities lending agreements and any other transactions within the scope of SFTR that a Fund is permitted to engage in;

  • Refinancing Transactions means the issuance and sale of the Notes pursuant to the Offering Memorandum, the incurrence of indebtedness on or about the Issue Date pursuant to any Credit Agreement and/or the repricing, refinancing, amendment, restatement or supplement, in whole or in part, of any Credit Agreement and the redemption (including any satisfaction and discharge in connection therewith) of all of the Company’s outstanding 7.875% Senior Notes due 2019 and the payment of fees and expenses in connection therewith.

  • Financing Transactions means (a) the execution, delivery and performance by each Loan Party of the Loan Documents to which it is to be a party and (b) the initial borrowing of Loans hereunder and the use of the proceeds thereof.

  • Interest exchange means the acquisition of an ownership or membership interest in a domestic entity as provided by Subchapter B, Chapter 10. The term does not include a merger or conversion.

  • securities financing transaction or 'SFT' means a repurchase transaction, a securities or commodities lending or borrowing transaction, or a margin lending transaction;

  • Refinancing Conditions the following conditions for Refinancing Debt: (a) it is in an aggregate principal amount that does not exceed the principal amount of the Debt being extended, renewed or refinanced; (b) it has a final maturity no sooner than, a weighted average life no less than, and an interest rate no greater than, the Debt being extended, renewed or refinanced; (c) it is subordinated to the Obligations at least to the same extent as the Debt being extended, renewed or refinanced; (d) the representations, covenants and defaults applicable to it are no less favorable to Borrowers than those applicable to the Debt being extended, renewed or refinanced; (e) no additional Lien is granted to secure it; (f) no additional Person is obligated on such Debt; and (g) upon giving effect to it, no Default or Event of Default exists.

  • National Securities Exchange means an exchange registered with the Commission under Section 6(a) of the Exchange Act (or any successor to such Section).

  • Debt Financing has the meaning set forth in Section 5.7.

  • Closing Transactions has the meaning set forth in Section 11.8(a)(i) of these Bylaws.

  • Acquisition Transactions means the transactions contemplated by the Acquisition Agreement.

  • Recognised Investment Exchange means a recognised investment exchange as defined by section 285 of the Financial Services and Markets Xxx 0000;

  • Refinancing Notes means any secured or unsecured notes or loans issued by the Borrower or any Subsidiary Loan Party (whether under an indenture, a credit agreement or otherwise) and the Indebtedness represented thereby; provided, that (a) (i) 100% of the Net Proceeds of such Refinancing Notes that are secured on a pari passu basis with the Term B Loans are used to permanently reduce Loans and/or replace Commitments substantially simultaneously with the issuance thereof or (ii) 90% of the Net Proceeds of any other Refinancing Notes are used to permanently reduce Loans and/or replace Commitments substantially simultaneously with the issuance thereof; (b) the principal amount (or accreted value, if applicable) of such Refinancing Notes does not exceed the principal amount (or accreted value, if applicable) of the aggregate portion of the Loans so reduced and/or Commitments so replaced (plus unpaid accrued interest and premium (including tender premiums) thereon and underwriting discounts, defeasance costs, fees, commissions and expenses); (c) the final maturity date of such Refinancing Notes is on or after the Term Facility Maturity Date or the Revolving Facility Maturity Date, as applicable, of the Term Loans so reduced or the Revolving Facility Commitments so replaced; (d) the Weighted Average Life to Maturity of such Refinancing Notes is greater than or equal to the Weighted Average Life to Maturity of the Term Loans so reduced or the Revolving Facility Commitments so replaced, as applicable; (e) in the case of Refinancing Notes in the form of notes issued under an indenture, the terms thereof do not provide for any scheduled repayment, mandatory redemption or sinking fund obligations prior to the Term Facility Maturity Date of the Term Loans so reduced or the Revolving Facility Maturity Date of the Revolving Facility Commitments so replaced, as applicable (other than customary offers to repurchase or mandatory prepayment provisions upon a change of control, asset sale or event of loss and customary acceleration rights after an event of default); (f) the other terms of such Refinancing Notes (other than interest rates, fees, floors, funding discounts and redemption or prepayment premiums and other pricing terms), taken as a whole, are substantially similar to, or not materially less favorable to the Borrower and its Subsidiaries than the terms, taken as a whole, applicable to the Term B Loans (except for covenants or other provisions applicable only to periods after the Latest Maturity Date in effect at the time such Refinancing Notes are issued or are otherwise reasonably acceptable to the Administrative Agent), as determined by the Borrower in good faith (or, if more restrictive, the Loan Documents are amended to contain such more restrictive terms to the extent required to satisfy the foregoing standard); (g) there shall be no obligor in respect of such Refinancing Notes that is not a Loan Party; and (h) Refinancing Notes that are secured by Collateral shall be subject to the provisions of a Permitted Pari Passu Intercreditor Agreement or a Permitted Junior Intercreditor Agreement, as applicable.

  • Exchange Debentures has the meaning set forth in Section 2(a) hereof.

  • Pre-Closing Restructuring has the meaning specified in Section 6.14(a).

  • Additional Securities means such Securities which have been deposited pursuant to Section 2.05 to effect an increase over the number of Units initially specified in the Reference Trust Agreement.

  • Business Acquisition means the acquisition, by purchase or otherwise, of all or substantially all of the assets (or any part of the assets constituting all or substantially all of a business or line of business) of any Person, whether such acquisition is direct or indirect, including through the acquisition of the business of, or Capital Stock of, such Person.

  • Co-financing means the financing referred to in Section 7.02 (h) and specified in the Loan Agreement provided or to be provided for the Project by the Co-financier. If the Loan Agreement specifies more than one such financing, “Co-financing” refers separately to each of such financings.

  • New Financing has the meaning specified in Section 2.04(a).

  • Financing Transaction means a transaction in which a licensed provider obtains financing from a financing entity including any secured or unsecured financing, any securitization transaction, or any securities offering which is either registered or exempt from registration under federal and state securities law.

  • Restructuring Transactions means the transactions described in Article IV.B of the Plan.

  • Alternative Financing has the meaning set forth in Section 5.14(b).

  • Stock Exchanges means BSE Limited and National Stock Exchange of India Limited;