Exercise forbearance definition

Exercise forbearance means to refinance a regulated credit agreement where the result is that no interest accrues at any time in relation to that agreement or any which replaces, varies or supplements it from the date of the refinancing and either:
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Exercise forbearance means to refinance a credit agreement where the firm does not receive any consideration in connection with refinancing and the effect is that no interest or other charges (other than where a charge is a reasonable estimate of the cost of the additional administration required as a result of the customer having refinanced the agreement) accrue from the date of refinancing.
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Examples of Exercise forbearance in a sentence

  • Exercise forbearance and consideration of a customer’s circumstances, of which they are aware - in particular, in relation to those who are particularly vulnerable or experiencing severe financial hardship.

  • Please contact Acaciawood Preparatory Academy at any time to verify the facts and circumstances that have caused concern.4. Exercise forbearance.

  • Please contact Acaciawood School at any time to verify the facts and circumstances that have caused concern.4. Exercise forbearance.

Related to Exercise forbearance

  • Exercise Form means an Exercise Form in the form annexed hereto as Exhibit A.

  • Notice of Exercise means a notice in writing addressed to the Company at its address first recited, which notice shall specify therein the number of Optioned Shares in respect of which the Option is being exercised;

  • Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of:

  • Option to Extend has the meaning given that term in Section 2.13.

  • Extension Option shall have the meaning set forth in Section 2.5(c) hereof.

  • Notice of Extension/Conversion means the written notice of extension or conversion in substantially the form of Exhibit 3.2, as required by Section 3.2.

  • Election to Exercise shall have the meaning attributed thereto in Subsection 2.2(d).

  • Renewal Option has the meaning set forth in §12.1.

  • Exercise means a Holder’s right to exercise the Securities, in accordance with Product Condition 3;

  • Notice of Extension has the meaning specified in Section 2.20.

  • Second Extension Option shall have the meaning set forth in Section 2.6.1 hereof.

  • Exercise Event shall have the meaning ascribed to such term in Section 2(c).

  • Cash Exercise with respect to Warrant Shares; and/or

  • Exercise Notice has the meaning set forth in Section 3.2(1);

  • Exercise Any Secured Creditor Remedies or “Exercise of Secured Creditor Remedies” shall mean, except as otherwise provided in the final sentence of this definition:

  • Sponsor Exercise Fair Market Value means the average last reported sale price of the Ordinary Shares for the ten (10) trading days ending on the third (3rd) trading day prior to the date on which notice of exercise of the Private Placement Warrant is sent to the Warrant Agent;

  • Forbearance As defined in Section 3.07(a).

  • Exercise Right means the Exercise Right as specified in § 3 (1) of the Special Conditions.

  • Exercise Notice Deadline In respect of any exercise of Options hereunder on any Conversion Date, the “Scheduled Trading Day” prior to the scheduled first “VWAP Trading Day” of the “Observation Period” (each as defined in the Indenture, but, in the case of any such Observation Period, as modified by the provision set forth opposite the caption “Convertible Security Settlement Method”) relating to the Convertible Securities converted on the Conversion Date occurring on the relevant Exercise Date; provided that in the case of any exercise of Options hereunder in connection with the conversion of any Relevant Convertible Securities on any Conversion Date occurring during the period starting on and including June 4, 2020 and ending on and including the second “Scheduled Trading Day” immediately preceding the “Maturity Date” (each as defined in the Indenture) (the “Final Conversion Period”), the Exercise Notice Deadline shall be noon, New York City time, on the “Scheduled Trading Day” (as defined in the Indenture) immediately preceding the “Maturity Date” (as defined in the Indenture).

  • Exercise of Secured Creditor Remedies means, except as otherwise provided in the final sentence of this definition:

  • Purchase Option Notice As defined in Section 3.18(e).

  • First Extension Option shall have the meaning set forth in Section 2.6.1 hereof.

  • Broker Exercise Notice means a written notice pursuant to which a Participant, upon exercise of an Option, irrevocably instructs a broker or dealer to sell a sufficient number of shares or loan a sufficient amount of money to pay all or a portion of the exercise price of the Option and/or any related withholding tax obligations and remit such sums to the Company and directs the Company to deliver stock certificates to be issued upon such exercise directly to such broker or dealer.

  • New Exercise Date means a new Exercise Date if the Administrator shortens any Offering Period then in progress.

  • Notice of Conversion/Extension means the written notice of conversion of a LIBOR Rate Loan to an Alternate Base Rate Loan or an Alternate Base Rate Loan to a LIBOR Rate Loan, or extension of a LIBOR Rate Loan, in each case substantially in the form of Exhibit 1.1(f).