Distressed Person definition

Distressed Person has the meaning set forth in the definition of “Lender-Related Distress Event.”
Distressed Person shall have the meaning provided in the definition of the term Lender-Related Distress Event.
Distressed Person shall have the meaning provided in the definition of “Lender-Related Distress Event”.

Examples of Distressed Person in a sentence

  • Distressed Person Response Guide - To assist a person in distress, please refer to the Distressed Person Response Guide which can be accessed at: https://www.

  • It is believed that this will enhance our agency’s ability to perform community outreach and modify our practices as we learn about the community’s needs.To further build on our ability to serve persons in crisis, our agency has coordinated with the Rensselaer County Office of Mental Health to set up an Emotionally Distressed Person Response Team training.

  • In this scenario, which is depicted in Figure 2, the environment E consists of the beach and the ocean, and the task is to rescue the Distressed Person (DP) in the shortest time possible.

  • Ervin Staub, “Helping a Distressed Person: Social, Personality, and Stimulus Determinants,” Advances in experimental social psychology, 7 (1974): pp.

  • It is important to note that changes in norms and attitudes about gender are inevitably slow and non-linear.


More Definitions of Distressed Person

Distressed Person has the meaning specified in Section 10.14.
Distressed Person has the meaning specified in the definition ofDefaulting Lender”.
Distressed Person as defined in the defined term, “Lender Related Distress Event” in this Section 1.1.
Distressed Person shall have the meaning provided in the definition of “Lender-Related Distress Event”. “Dollar Denominated Loan” shall mean each Loan denominated in Dollars, which shall include each Initial Term Loan, each Incremental Term Loan denominated in Dollars and each Revolving Credit Loan denominated in Dollars. “Dollar Equivalent” shall mean, with respect to any amount denominated in an Alternative Currency (or other currency) as of any date of determination, the amount of Dollars that would be required to purchase the amount of such Alternative Currency (or other currency) based upon the Exchange Rate. “Dollars”, “U.S. Dollars” and “$” shall mean dollars in lawful currency of the United States of America. “Domestic Restricted Subsidiary” shall mean each Restricted Subsidiary of the Borrower that is a Domestic Subsidiary. “Domestic Subsidiary” shall mean each Subsidiary of the Borrower that is organized under the Applicable Laws of the United States, any state thereof, or the District of Columbia. “Drawing” shall have the meaning provided in Section 3.4(b). “Early Opt-in Election” shall mean, if the then-current Benchmark is the Eurocurrency Rate, the occurrence of: (a) a notification by the Administrative Agent to (or the request by the Borrower to the Administrative Agent to notify) each of the other parties hereto that at least five currently outstanding syndicated credit facilities of similarly situated borrowers of the same currency as the Credit Facilities, each available for review (including by way of availability through posting on DebtDomain, Intralinks, Debt X, SyndTrak Online or by similar electronic means) and identified by the Administrative Agent in such notice, contain (as a result of amendment or as originally executed) a SOFR-based rate (including SOFR, a -40- #95203802v2296160609v3 #96160609v5
Distressed Person means any Person (a) that files a petition or ----------------- seeks relief under or takes advantage of any insolvency law; makes an assignment for the benefit of its creditors; commences a proceeding for the appointment of a receiver, trustee, liquidator, custodian or conservator of itself or of the whole or substantially all of its property; files a petition or an answer to a petition under any chapter of the United States Bankruptcy Code, as amended (11 U.S.C. (S) 101 et seq.), or files a petition or seeks ------- relief under or takes advantage of any other similar law or statute of the United States of America, any state thereof or any foreign country; or
Distressed Person has the meaning assigned to such term in the definition of “Lender-Related Distress Event.” “Disqualified Capital Stock” means any Capital Stock which, by its terms (or by the terms of any Security into which it is convertible or for which it is exchangeable), or upon the happening of any event, (i) matures (excluding any maturity as the result of an optional redemption by the issuer thereof) or is mandatorily redeemable (other than for Qualified Capital Stock), pursuant to a sinking fund obligation or otherwise, or is redeemable at the option of the holder thereof (other than for Qualified Capital Stock), in whole or in part, on or prior to 91 days following the Latest Maturity Date at the time such Capital Stock is issued, (ii) is or becomes convertible into or exchangeable (unless at the sole option of the issuer thereof) for (a) debt securities or other Indebtedness or (b) any Capital Stock that would constitute Disqualified Capital Stock, in each case at any time on or prior to 91 days following the Latest Maturity Date at the time such Capital Stock is issued, (iii) contains any mandatory repurchase obligation which may come into effect prior to the Termination Date or (iv) provides for the scheduled payments of dividends in Cash on or prior to 91 days following the Latest Maturity Date at the time such Capital Stock is issued; provided that (x) any Capital Stock that would not constitute Disqualified Capital Stock but for provisions thereof giving holders thereof (or the holders of any security into or for which such Capital Stock is convertible, exchangeable or exercisable) the right to require the issuer thereof to redeem such Capital Stock upon the occurrence of a change in control, IPO or a Disposition occurring prior to 91 days following the Latest Maturity Date at the time such Capital Stock is issued shall not constitute Disqualified Capital Stock if such Capital Stock provides that the issuer thereof will not redeem any such Capital Stock pursuant to such provisions prior to the Termination Date and (y) for purposes of clause (i) through (iv) above, it is understood and agreed that if any such maturity, redemption, conversion, exchange, repurchase obligation or scheduled payment is in part, only such part coming into effect prior to, in the case of clauses (i), (ii) and (iv) above, the date that is 91 days following the Latest Maturity Date and, in the case of clause (iii) above, prior to the Termination Date, shall constitute Disqualified C...