Debt Notice definition

Debt Notice means a notice issued by the PSA as contemplated by Condition 2A.4.3.1(f); “Debt Notice Date” means the date on which the PSA shall issue the Debt Notice each month as contemplated by Condition 2A.4.3.1(f), being the eighth Business Day in the relevant month; “Debt Payment” means a charge payable by a PS Gas Supplier in respect of PS Notified Debt as contemplated by Condition 2A.3.4 and as detailed in the applicable Debt Notice; “Debt Repayment” means a repayment payable to a PS Gas Supplier in respect of a Recovery as contemplated by Condition 2A.3.4.3(ii) and as detailed in the applicable Debt Notice; “Designated Network” means such part(s) of the Licensee’s network as is or are designated from time to time pursuant to the Designation Order; “Designated Pipe-line Operator” means a person licensed to convey gas under Article 8(1)(a) of the Order through the Postalised System, including the Licensee; “Designated Pipe-line Operators Agreement” shall have the meaning ascribed to that term in Condition 2A.6.2.1; “Designation Date” means the date specified in a Designation Order on which any part of the Licensee’s network shall be designated as postalised; “Designation Order” means an order made pursuant to Article 59 of the Energy (Northern Ireland) Order 2003 designating gas pipe-lines comprised within the Licensee’s network as being subject to a common tariff; “Directions” shall have the meaning ascribed to that term in Condition 2A.3.2;

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Debt Notice means a notice issued by the PSA as contemplated by Condition

Debt Notice which Debt Notice shall include, to the extent known, the amount and terms of such Applicable Subordinated Debt), and neither Holdings nor any such subsidiary shall issue such Applicable Subordinated Debt without providing Whitney with the right for a period of thirty (30) days following delivery of the Debt Notice to make an offer to purchase such Applicable Subordinated Debt. It is specifically agreed that neither Holdings nor any such subsidiary shall be obligated to accept such offer; and following such thirty (30) day period Holdings or such subsidiary may issue such Applicable Subordinated Debt to such party or parties and on such terms (irrespective of the terms offered by Whitney), as it deems appropriate without regard to any rights under this Section 3.3.

Examples of Debt Notice in a sentence

• If we issue a Standard Sovereign Debt Notice to an investment manager or other agent acting on your behalf and on behalf of another party or parties, the aggregate amount of Sovereign Debt that we consider we can make available for settlement to all parties for whom such investment manager or other agent is acting will be equal to the Maximum Amount of Sovereign Debt.

• Our confirmation will be valid in respect of sales of Sovereign Debt entered into at or prior to the close of business on the date of the relevant Standard Sovereign Debt Notice (or such other time as is specified in the Standard Sovereign Debt Notice).

• The Standard Sovereign Debt Notice represents our assessment of our ability to make Sovereign Debt available to you for settlement and is not an undertaking to lend or otherwise procure the transfer of Sovereign Debt to you.

• First Lien Agent covenants and agrees to provide such Discharge of First Lien Debt Notice to Second Lien Agent within five (5) Business Days after the Discharge of First Lien Debt, provided that First Lien Agent shall have no liability for failure to do so.

• After the date that Second Lien Agent receives a Discharge of First Lien Debt Notice, and until the Discharge of Second Lien Debt has occurred, the Second Lien Agent shall be entitled to deal with the Pledged Collateral in accordance with the terms of the Second Lien Documents.

• The effectiveness of this Intercreditor Agreement Joinder is conditioned upon the delivery of a New Debt Notice to the Continuing Agent in the form attached hereto as Exhibit 1.

• If intending to exercise a Right of First Refusal, the Coliseum Purchaser shall provide written notice to the Company of such intention within fifteen (15) Business Days of receipt of the applicable Debt Notice.

• On or before the date that is three (3) business days prior to the date scheduled for the Closing, RedChip shall have provided FRT with a written 68 75 certificate executed by its Chief Executive Officer and President (the "RedChip Funded Debt Notice") which certificate shall affirm that, as of that date, none of the RedChip Funded Debt is outstanding, payable or a liability of RedChip.

• On or before the date that is three (3) business days prior to the date scheduled for the Closing, FRT shall have provided RedChip with a written certificate executed by their respective Chief Executive Officers and Presidents (the "FRT Funded Debt Notice") which certificate shall affirm that FRT has no Funded Debt as of that date.

• The Sole Member shall cause a total capital contribution to be made to OpBiz in an amount equal to 20% of the Additional Senior Debt (the "ADDITIONAL CAPITAL AMOUNT") as promptly as possible, but in no event more than thirty (30) days after the date of the Senior Debt Notice.

More Definitions of Debt Notice

Debt Notice means a written certificate dated three (3) Business Days prior to the Closing Date executed on behalf of the Company by its Vice President with respect to the amount of the Debt to be outstanding immediately prior to the Closing, which certificate shall detail the amount of outstanding Debt, the respective amount that is owed to each Debt Holder (including any prepayment penalty associated therewith, to the extent applicable), and the respective account of each Debt Holder (including wire transfer instructions) into which the Debt owed to such Debt Holder can be paid at the Closing.

Debt Notice has the meaning given to it in Section 3(a) hereof.

Debt Notice shall have the meaning set forth in Section 9.10.