Discount Range Prepayment Offer definition

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Discount Range Prepayment Offer the irrevocable written offer by a Lender, substantially in the form of Exhibit P, submitted in response to an invitation to submit offers following the Administrative Agent’s receipt of a Discount Range Prepayment Notice.

Discount Range Prepayment Offer means the irrevocable written offer by a Lender, substantially in the form of Exhibit M-5, submitted in response to an invitation to submit offers following the Auction Agent’s receipt of a Discount Range Prepayment Notice.

Examples of Discount Range Prepayment Offer in a sentence

Each Term Lender’s Discount Range Prepayment Offer shall be irrevocable and shall specify a discount to par within the Discount Range (the “Submitted Discount”) at which such Lender is willing to allow prepayment of any or all of its then outstanding Term Loans of the applicable Class or Classes and the maximum aggregate principal amount and Classes of such Lender’s Term Loans (the “Submitted Amount”) such Term Lender is willing to have prepaid at the Submitted Discount.
The Auction Agent will promptly provide each Appropriate Lender with a copy of such Discount Range Prepayment Notice and a form of the Discount Range Prepayment Offer to be submitted by a responding Lender to the Auction Agent (or its delegate) by no later than 5:00 p.m., on the third Business Day after the date of delivery of such notice to such Lenders (or such later date as specified therein) (the “Discount Range Prepayment Response Date”).
Each Term Lender that has submitted a Discount Range Prepayment Offer to accept prepayment at a discount to par that is larger than or equal to the Applicable Discount shall be deemed to have irrevocably consented to prepayment of Term Loans equal to its Submitted Amount (subject to any required proration pursuant to the following subsection (3)) at the Applicable Discount (each such Term Lender, a “Participating Lender”).
Any Term Lender whose Discount Range Prepayment Offer is not received by the Auction Agent by the Discount Range Prepayment Response Date shall be deemed to have declined to accept a Discounted Term Loan Prepayment of any of its Term Loans at any discount to their par value within the Discount Range.

More Definitions of Discount Range Prepayment Offer

Discount Range Prepayment Offer means the written offer by a Term Lender, substantially in the form of Exhibit K (or such other form as shall be reasonably acceptable to GBT and the Administrative Agent), submitted in response to an invitation to submit offers following the Auction Agent’s receipt of a Discount Range Prepayment Notice.

Discount Range Prepayment Offer means the irrevocable written offer by a Lender,substantially in the form of Exhibit L-5, submitted in response to an invitation to submit offers followingthe Auction Agent’s receipt of a Discount Range Prepayment Notice.“Discount Range Prepayment Response Date” has the meaning set forth in Section2.05(a)(v)(C)(1).“Discount Range Proration” has the meaning set forth in Section 2.05(a)(v)(C)(3).“Discounted Prepayment Determination Date” has the meaning set forth in Section2.05(a)(v)(D)(3).“Discounted Prepayment Effective Date” means in the case of a Borrower Offer of SpecifiedDiscount Prepayment, Borrower Solicitation of Discount Range Prepayment Offer or BorrowerSolicitation of Discounted Prepayment Offer, five (5) Business Days following the Specified DiscountPrepayment Response Date, the Discount Range Prepayment Response Date or the Solicited DiscountedPrepayment Response Date, as applicable, in accordance with Section 2.05(a)(v)(B)(1), Section2.05(a)(v)(C)(1) or Section 2.05(a)(v)(D)(1), respectively, unless a shorter period is agreed to between theBorrower and the Auction Agent.“Discounted Term Loan Prepayment” has the meaning set forth in Section 2.05(a)(v)(A).“Disposed EBITDA” means, with respect to any Sold Entity or Business or any ConvertedUnrestricted Subsidiary for any period, the amount for such period of Consolidated EBITDA of such SoldEntity or Business (determined as if references to the Borrower and the Restricted Subsidiaries in thedefinition of Consolidated EBITDA (and in the component definitions used therein) were references tosuch Sold Entity or Business and its Subsidiaries or such Converted Unrestricted Subsidiary and itsSubsidiaries) or such Converted Unrestricted Subsidiary, all as determined on a consolidated basis forsuch Sold Entity or Business or such Converted Unrestricted Subsidiary.“Disposition” or “Dispose” means the sale, transfer, license, lease or other disposition (includingany sale and leaseback transaction and any sale or issuance of Equity Interests in a Restricted Subsidiary)of any property by any Person, including any sale, assignment, transfer or other disposal, with or withoutrecourse, of any notes or accounts receivable or any rights and claims associated therewith; provided that“Disposition” and “Dispose” shall not be deemed to include any issuance by Holdings of any of its EquityInterests to another Person.“Disqualified Equity Interests” means any Equity Interest that, by its terms (or by the terms ofany secu...

Discount Range Prepayment Offer means the irrevocable written offer by a Tranche B-1 Term Loan Lender, Tranche B-2 Term Loan Lender, Tranche B-3 Term Loan Lender, Tranche B-4 Term Loan Lender, Tranche B-5 Term Loan Lender or Incremental Tranche B Term Loan Lender, as applicable, substantially in the form of Exhibit R, submitted in response to an invitation to submit offers following the Administrative Agent’s receipt of a Discount Range Prepayment Notice.

Discount Range Prepayment Offer means an offer by the Company to make a Discounted Term Loan Prepayment within a Discount Range pursuant to Section 7.2(b).

Discount Range Prepayment Offer means the irrevocable written offer by a Lender, substantially in the form of Exhibit L, submitted in

Discount Range Prepayment Offer means the irrevocable written offer by a Term Lender, substantially in the form of Exhibit L, submitted in response to an invitation to submit offers following the Auction Agent’s receipt of a Discount Range Prepayment Notice. “Discount Range Prepayment Response Date” has the meaning assigned to such term in Section 2.09(a)(ii)(C)(1). “Discount Range Proration” has the meaning assigned to such term in Section 2.09(a)(ii)(C)(3). “Discounted Prepayment Determination Date” has the meaning assigned to such term in Section 2.09(a)(ii)(D)(3).

Discount Range Prepayment Offer means the irrevocable written offer by a Lender, substantially in the form of Exhibit E-5, submitted in response to an invitation to submit offers following the Auction Agent’s receipt of a Discount Range Prepayment Notice. “Discount Range Prepayment Response Date” has the meaning set forth in Section 2.05(a)(v)(C)(1). “Discount Range Proration” has the meaning set forth in Section 2.05(a)(v)(C)(3). “Discounted Prepayment Determination Date” has the meaning set forth in Section 2.05(a)(v)(D)(3). “Discounted Prepayment Effective Date” means in the case of a Borrower Offer of Specified Discount Prepayment, Borrower Solicitation of Discount Range Prepayment Offer or Borrower Solicitation of Discounted Prepayment Offer, five Business Days following the Specified Discount Prepayment Response Date, the Discount Range Prepayment Response Date or the Solicited Discounted Prepayment Response Date, as applicable, in accordance with Sections 2.05(a)(v)(B)(1), 2.05