Designated Equity Amount definition

Designated Equity Amount has the meaning provided such term in Section 6.01(b)(xx).
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Designated Equity Amount has the meaning set forth in clause (15) of the definition of “Permitted Indebtedness”.
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Designated Equity Amount has the meaning assigned to such term in Section6.01(b)(xx). “Designated Noncash Consideration” means the fair market value of noncashconsideration received by the Borrower or a Restricted Subsidiary in connection with a Dispositionpursuant to Section 6.06(j) that is designated as Designated Noncash Consideration pursuant to acertificate of a Responsible Officer delivered to the Agent, setting forth the basis of such valuation(which amount will be reduced by any cash proceeds subsequently received by the Borrower or anyRestricted Subsidiary (other than from the Borrower or a Restricted Subsidiary) in connection with anysubsequent repayment, redemption or Disposition of such noncash consideration).“Designated Preferred Stock” means Preferred Stock of the Borrower or any direct orindirect parent company thereof (in each case other than Disqualified Stock) that is issued for cash (otherthan to a Restricted Subsidiary) and is so designated as Designated Preferred Stock pursuant to anOfficers’ Certificate delivered to the Agent that is executed by a Responsible Officer of the Borrower onthe issuance date thereof, the cash proceeds of which are excluded from the calculation set forth in thedefinition of “Applicable Amount”.”“Discharge of Obligations” shall be deemed to have occurred on the first date that (a) allTerm Commitments shall have been terminated, and (b) all Obligations arising under the LoanDocuments (other than contingent obligations for unasserted claims) shall have been repaid in full. “Disposition” or “Dispose” means the sale, transfer, license, lease or other disposition(including any Sale and Lease-Back Transaction and any issuance or sale of Equity Interests of anySubsidiary) of any property of the Borrower or any of the Restricted Subsidiaries. “Disqualified Stock” means, with respect to any Person, any Capital Stock of suchPerson which, by its terms, or by the terms of any security into which it is convertible or for which it isconvertible or exchangeable, or upon the happening of any event, matures or is mandatorily redeemable(other than solely for Capital Stock that is not Disqualified Stock), other than as a result of a change ofcontrol or asset sale, pursuant to a sinking fund obligation or otherwise, or is redeemable at the option ofthe holder thereof (other than as a result of a change of control or asset sale to the extent the terms of-16-
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More Definitions of Designated Equity Amount

Designated Equity Amount has the meaning provided such term in Sec- tion 6.01(b)(xx). “Designated Noncash Consideration” means the fair market value of non- cash consideration received by the U.S. Borrower or a Restricted Subsidiary in connec- tion with a Disposition pursuant to Section 6.06(j) that is designated as Designated Non- cash Consideration pursuant to a certificate of a Responsible Officer delivered to the Agent, setting forth the basis of such valuation (which amount will be reduced by any cash proceeds subsequently received by the U.S. Borrower or any Restricted Subsidiary (other than from the U.S. Borrower or a Restricted Subsidiary) in connection with any subsequent repayment, redemption or Disposition of such noncash consideration). “Designated Obligations” means all obligations of the Borrowers with re- spect to (a) principal of and interest on the Loans, (b) LC Disbursements and interest thereon and (c) accrued and unpaid fees under the Loan Documents. “Designated Preferred Stock” means Preferred Stock of the U.S. Borrower or any direct or indirect parent company thereof (in each case other than Disqualified Stock) that is issued for cash (other than to a Restricted Subsidiary) and is so designated as Designated Preferred Stock pursuant to an Officers’ Certificate delivered to the Agent that is executed by a Responsible Officer of the U.S. Borrower on the issuance date
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Designated Equity Amount has the meaning assigned to such term in Section6.01(b)(xx). “Designated Noncash Consideration” means the fair market value of noncashconsideration received by the Borrower or a Restricted Subsidiary in connection with a Dispositionpursuant to Section 6.06(j) that is designated as Designated Noncash Consideration pursuant to acertificate of a Responsible Officer delivered to the Agent, setting forth the basis of such valuation-15-
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Related to Designated Equity Amount

  • Maximum Incremental Facilities Amount means, at any date of determination, (a) the sum of (i) $500,000,000, plus (ii) an amount such that the Borrower is in Pro Forma Compliance with the Senior Secured Leverage Test (for the avoidance of doubt without netting any cash from the proceeds of any Indebtedness being incurred in reliance on such test and, if applicable, assuming the full amount of any New Revolving Credit Commitments are drawn), plus (iii) amounts used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to refinance or replace Revolving Credit Commitments and/or Term Loans (including any fees, accrued interest or other amounts owing in respect thereof), plus (iv) from and after the 2012 Extension Effective Date, the aggregate principal amount of 2014 Term Loans outstanding as of such date of determination, provided that such additional amounts pursuant to this clause (iv) are only available to the extent such amounts are used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to prepay 2014 Term Loans in accordance with Section 5.1 of this Agreement (such prepaid 2014 Term Loans, “Incremental Facility Prepaid 2014 Term Loans”) plus (v) the Dollar Equivalent principal amount of Term Loans (other than New Term Loans, Incremental Facility Prepaid 2014 Term Loans or Term Loans refinanced or replaced pursuant to clause (iii) above) voluntarily prepaid pursuant to Section 5.1 prior to such date, plus (vi) the amount of all Revolving Credit Commitments that have either been permanently reduced pursuant to Section 4.2 or have otherwise terminated in accordance with the terms of this Agreement after the 2012 Extension Effective Date (without duplication of the amounts incurred pursuant to clause (iii) above) minus (b) the sum of (i) the aggregate principal amount of New Loan Commitments incurred pursuant to Section 2.14(a) prior to such date and (ii) the aggregate principal amount of Permitted Other Indebtedness issued or incurred pursuant to Section 10.1(bb)(i)(a) prior to such date.

  • Acquisition Amount means, for an Acquired Receivable for which the Acquisition Amount is to be included in Available Funds for a Payment Date, the excess of (i) the present value of the Principal Balance of the Receivable as of the last day of the Collection Period immediately preceding the related Collection Period (calculated using the Discount Rate on the basis of a 360-day year of twelve 30-day months and assuming each amount is received at the end of the Collection Period in which the amount is scheduled to be received) over (ii) all cash collections and any other cash proceeds received by the Issuer on the related Receivable from (but excluding) the last day of the Collection Period immediately preceding the related Collection Period to the day on which such Receivable becomes an Acquired Receivable.

  • Maximum Incremental Amount means, at any time, the sum of (a) $1,400.0 million minus the Dollar Equivalent amount (measured at the time of incurrence) of New Term Loans, New Revolving Commitments and Permitted Alternative Incremental Facilities Debt previously established or incurred in reliance on this clause (a) plus (b) the aggregate Dollar Equivalent amount (measured at the time of prepayment or reduction) of Term Loans and Revolving Commitments outstanding on the Closing Date (or established pursuant to clause (a) above) that are optionally prepaid or optionally reduced (other than with the proceeds of long-term Indebtedness (other than borrowings under any revolving credit facility) and other than Revolving Commitments replaced with New Revolving Commitments) following the Closing Date and on or prior to such time (and, in the case of any prepayment of Term Loans pursuant to Section 2.08(d), based on the Dollar Equivalent amount (measured at the time of each applicable prepayment) expended by the Borrowers pursuant to such Section 2.08(d) and not the principal amount) plus (c) an unlimited amount so long as, in the case of this clause (c) only, on a pro forma basis (including the application of proceeds therefrom but excluding any increase in cash and cash equivalents and treating any New Revolving Commitments established pursuant to this clause (c) as fully drawn and all Permitted Alternative Incremental Facilities Debt incurred pursuant to this clause (c) as secured by Liens whether or not actually secured (but without giving effect to any substantially simultaneous incurrence of any New Term Loans, New Revolving Commitments or Permitted Alternative Incremental Facilities made pursuant to the foregoing clauses (a) and (b))), the Consolidated Secured Debt Ratio would not exceed 3.00 to 1.00 (it being understood that the Borrowers shall be deemed to have used amounts under clause (c) (to the extent compliant herewith) prior to utilization of amounts under clause (a) or (b)).