Discounted Prepayment Response Date definition

Discounted Prepayment Response Date as defined in Section 2.29(b).
Discounted Prepayment Response Date means, with respect to any Discounted Prepayment Offer Solicitation, the date and time specified in such Discounted Prepayment Offer Solicitation, which shall be no less than three (3) full Business Days after delivery of such notice to applicable Lenders, as such date may be extended upon notice by the Borrower to the applicable Administrative Agent and each Lender holding the applicable Class of Loans before the previously announced Discounted Prepayment Response Date.
Discounted Prepayment Response Date means, with respect to any Discounted Prepayment Offer Solicitation, the date specified in such Discounted Prepayment Offer Solicitation, which shall be no less than three (3) Business Days after delivery of such notice to applicable Lenders, as such date may be extended upon notice by the Borrower to the Administrative Agent and each Lender holding the applicable Class of Loans before the previously announced Discounted Prepayment Response Date. “Disposition” has the meaning assigned to such term in Section 6.05. “Disqualified Equity Interest” means, with respect to any Person, any Equity Interest in such Person that by its terms (or by the terms of any security into which it is convertible or for which it is exchangeable, either mandatorily or at the option of the holder thereof), or upon the happening of any event or condition: (a) matures or is mandatorily redeemable, whether pursuant to a sinking fund obligation or otherwise;

Examples of Discounted Prepayment Response Date in a sentence

  • Each response by a Lender to a Discounted Prepayment Notice (x) will be due no later than 5:00 p.m. on the Discounted Prepayment Response Date, (y) to the extent not timely received by the Administrative Agent will be disregarded and such Lender will be deemed to have declined the Discounted Prepayment offer and (z) to the extent timely received by the Administrative Agent will be irrevocable.

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