Exchange Offer Completion Date definition

Exchange Offer Completion Date shall have the meaning set forth in Section 2(a)(iii) hereof.
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Exchange Offer Completion Date means the date on which the Exchange Offer is consummated and the Interim Notes are first issued.
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Exchange Offer Completion Date means the date on which the Exchange Offer is consummated and the Interim Notes are first issued. “Excluded Assets” will include, among other things, (1) any lease, license, permit, franchise, power, authority or right if, to the extent that and for long as (A) the grant of a security interest therein validly constitutes or would result in the abandonment, invalidation or unenforceability of such lease, license, permit, franchise, power, authority or right or the termination or default under the instrument or agreement by which such lease, license, permit, franchise, power, authority or right is governed and (B) such abandonment, invalidation, unenforceability, breach, termination or default is not rendered ineffective pursuant to Sections 9-406, 9-407, 9-408 or 9-409 of the UCC (or any successor provision) of any relevant jurisdiction or other applicable law (including the Bankruptcy Code) or principles of equity; provided, however, that (x) such lease, license, permit, franchise, power, authority or right will be an Excluded Asset only to the extent and for as long as the conditions set forth in clauses (A) and (B) of this paragraph are and remain satisfied, and to the extent such assets otherwise constitute Collateral, such assets will cease to be Excluded Assets and will become subject to the first priority security interest of the Collateral Agent for the benefit of the Holders and of the Pari Passu Collateral Agent for the benefit of the holders of any Pari Passu Obligations, immediately and automatically at such time as such conditions cease to exist, including by reason of any waiver or consent under the applicable instrument or agreement, and (y) the proceeds of any sale, lease or other disposition of any such lease, license, permit, franchise, power, authority or right that is or becomes an Excluded Asset shall not be an Excluded Asset and shall at all times be and remain subject to the first priority security interest of the Collateral Agent for the benefit of the Holders and of the Pari Passu Collateral Agent for the benefit of the holders of any Pari Passu Obligations, (2) non-material real property, (3) leased real property, and (4) any instrument evidencing Indebtedness owed to the Company or any of the Guarantors to the extent that (A) the existence and amount of such instrument was disclosed in the Final Offering Memorandum or (B) such instrument is created following the Exchange Offer Completion Date in a transaction that complies with th...
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Examples of Exchange Offer Completion Date in a sentence

  • Prior to the Mandatory Redemption, the Company shall effect a reverse stock split, as approved by the stockholders of the Company prior to the Exchange Offer Completion Date, such that the Company shall have a sufficient number of authorized and unissued shares of Common Stock to pay the Mandatory Redemption Price.

  • The Holder may surrender Notes for conversion at the applicable Conversion Rate at any time after the Exchange Offer Completion Date until the close of business on the Business Day immediately preceding the final maturity date of the Notes.

  • The Holders may surrender Notes for conversion at the applicable Conversion Rate at any time after the Exchange Offer Completion Date until the close of business on the Business Day immediately preceding the final maturity date of the Notes.

  • Promptly following the Exchange Offer Completion Date, the Company shall form, or cause to be formed, the New License Subsidiary.

  • The Issuer agrees to (x) use its best efforts to cause the Exchange Offer Registration Statement to be declared effective on or prior to the Effectiveness Target Date and to cause the Exchange Offer to be consummated on or prior to the Exchange Offer Completion Date and (y) keep the Exchange Offer open for not less than 30 days (or such longer period required by applicable law), after the date that the notice of the Exchange Offer referred to below is mailed to Holders.

  • The Company shall use its commercially reasonable efforts to cause each of the conditions to the Mandatory Redemption set forth in this Section 3.11(b) to be satisfied as soon as reasonably practicable following the Exchange Offer Completion Date.