ECF Prepayment Offer definition

ECF Prepayment Offer has the meaning assigned to such term in Section 2.05(b)(iv).
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ECF Prepayment Offer shall have the meaning set forth in Section 2.02(d)(iii)(A). “ECF Prepayment Offer Date” shall have the meaning set forth in Section 2.02(d)(iii)(A). “EEA Financial Institution” shall mean (i) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (ii) any entity established in an EEA Member Country which is a parent of an institution described in clause (i) of this definition, or (iii) any financial institution established in an EEA Member Country which is a Subsidiary of an institution described in clauses (i) or (ii) of this definition and is subject to consolidated supervision with its parent. “EEA Member Country” shall mean any of the member states of the European Union, Iceland, Liechtenstein and Norway. “EEA Resolution Authority” shall mean any public administrative authority or any Person entrusted with public administrative authority of any EEA Member Country (including any delegee) having responsibility for the resolution of any EEA Financial Institution. “Enhanced Rate” shall mean, as of any date of determination, an interest rate per annum equal to the sum of (i) an amount equal to (a) one and one-half percent (1.50%) multiplied by (b) a fraction the numerator of which is the Achieved Collateral Enhancement Value, and the denominator of which is the Collateral Enhancement Requirement, and (ii) the rate per annum otherwise applicable on such date. 6 KE 52826770.15
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ECF Prepayment Offer shall have the meaning set forth in Section 2.02(d)(iii)(A).
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Examples of ECF Prepayment Offer in a sentence

  • Notwithstanding the foregoing clauses (i) through (iv), Borrower shall be permitted to request a waiver of the requirement to deliver an Event of Loss Prepayment Offer, a Disposition Proceeds Prepayment Offer, a Debt Prepayment Offer, or an ECF Prepayment Offer, which waiver may be accepted or rejected by the Administrative Agent in its sole and absolute discretion.

  • The offer to prepay Loans contemplated by this Section 2.02(d)(iii) shall be an offer to prepay, in accordance with and subject to this Section 2.02(d), the Loans held by each Lender on the date of such ECF Prepayment Offer Date in accordance with Section 2.04(d).

  • The prepayment shall be made within two (2) Business Days of the acceptance or rejection (if Borrower so elects to make such prepayment in accordance with Section 2.02(d)(iii)(C)) of the ECF Prepayment Offer.

  • Prepayment of the Loans to be prepaid pursuant to this Section 2.02(d)(iii) (whether as part of an acceptance by the Required Lenders of an ECF Prepayment Offer or as part of a rejection of such ECF Prepayment Offer) shall be accompanied with the applicable Prepayment Premium on the principal amount of such Loans being prepaid, together with accrued and unpaid interest on such Loans accrued to the date of prepayment and will be payable in cash only.


More Definitions of ECF Prepayment Offer

ECF Prepayment Offer has the meaning assigned to such term in Section 2.06(b)(v). Bakersfield Refinery – Senior Credit Agreement
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Related to ECF Prepayment Offer

  • Reinvestment Prepayment Date with respect to any Reinvestment Event, the earlier of (a) the date occurring twelve months after such Reinvestment Event and (b) the date on which the Borrower shall have determined not to, or shall have otherwise ceased to, acquire or repair assets useful in the Borrower’s business with all or any portion of the relevant Reinvestment Deferred Amount.

  • Notice of Prepayment has the meaning assigned thereto in Section 2.4(c).

  • Reinvestment Prepayment Amount with respect to any Reinvestment Event, the Reinvestment Deferred Amount relating thereto less any amount expended prior to the relevant Reinvestment Prepayment Date to acquire or repair assets useful in the Borrower’s business.