Loan Modification Offer definition

Loan Modification Offer has the meaning specified in Section 2.24(a).

Loan Modification Offer has the meaning specified in Section 11.01.

Loan Modification Offer shall have the meaning assigned to such term in Section 11.02(g).

Examples of Loan Modification Offer in a sentence

• Permitted Amendments shall become effective only with respect to the Revolving Commitments and/or Loans of the Lenders that accept the applicable Loan Modification Offer (such Lenders, the “Accepting Lenders”) and, in the case of any Accepting Lender, only with respect to such Lxxxxx’s Revolving Commitments and/or Loans as to which such Lender’s acceptance has been made.

• Permitted Amendments shall become effective only with respect to the Loans and Commitments of the Lenders of the Affected Class that accept the applicable Loan Modification Offer (such Lenders, the “Accepting Lenders”) and, in the case of any Accepting Lender, only with respect to such Xxxxxx’s Loans and Commitments of such Affected Class as to which such Xxxxxx’s acceptance has been made.

• Such notice shall set forth (i) the relevant Class(es) of Lenders to which the Borrower is making the Loan Modification Offer described in such notice, (ii) the terms and conditions of the requested Permitted Amendments and (iii) the date on which such Permitted Amendments are requested to become effective.

• Permitted Amendments shall become effective only with respect to the Commitments and/or Loans of the relevant Class(es) of the Lenders that accept the applicable Loan Modification Offer (such Lenders, the “Accepting Lenders”) and, in the case of any Accepting Lender, only with respect to such Lxxxxx’s Commitments and/or Loans of the relevant Class(es) as to which such Lender’s acceptance has been made.

More Definitions of Loan Modification Offer

Loan Modification Offer as defined in Section 10.1.

Loan Modification Offer has the meaning assigned to that term in Section 2.9A.

Loan Modification Offer has the meaning given that term in Section 13.7(d).

Loan Modification Offer has the meaning specified in Section 2.22(a). “Loan Parties” means Holdings, each Intermediate Parent, the Borrower and the Subsidiary Loan Parties. “Loans” means the Term Loans, the Revolving Loans and/or the Swingline Loans, as the context may require. “Management Investors” means the directors and officers and employees of Holdings, any Intermediate Parents, the Borrower and/or any of their respective subsidiaries who are (directly or indirectly through one or more investment vehicles) Investors. “Master Agreement” has the meaning assigned to such term in the definition of “Swap Agreement.” “Material Adverse Effect” means any event, circumstance or condition that has had, or could reasonably be expected to have, a material and adverse effect on (a) the business or financial condition of the Borrower and the Restricted Subsidiaries, taken as a whole, (b) the ability of the Borrower and the Guarantors, taken as a whole, to perform their payment obligations under the Loan Documents or (c) the rights and remedies of the Administrative Agent and the Lenders under the Loan Documents. “Material Indebtedness” means Indebtedness (other than the Loan Document Obligations), or obligations in respect of one or more Swap Agreements, of any one or more of Holdings, any Intermediate Parents, the Borrower and the Restricted Subsidiaries in an aggregate principal amount exceeding $25,000,000; provided that in no event shall any Permitted Receivables Financing be considered Material Indebtedness for any purpose. For purposes of determining Material Indebtedness, the “principal amount” of the obligations in respect of any Swap Agreement at any time shall be the maximum aggregate amount (giving effect to any netting agreements) that Holdings, the Borrower or such Restricted Subsidiary would be required to pay if such Swap Agreement were terminated at such time. “Material Real Property” means any fee-owned real property with a book value greater than $10,000,000 as determined on the Effective Date (for existing fee-owned real property) or, with respect to after-acquired fee-owned real property, on the date of acquisition thereof or of the Person that owns such fee-owned real property. “Material Subsidiary” means (a) each wholly-owned Restricted Subsidiary that, as of the last day of the fiscal quarter of the Borrower most recently ended for which financial statements are available, had revenues or total assets for such quarter in excess of 2.5% of the consolidated revenues ...

Loan Modification Offer is defined in Section 2.15(a).

Loan Modification Offer shall have the meaning assigned to such term in Section 5.16(a).

Loan Modification Offer means any Term Loan Extension Request or Revolving Credit Extension Request.