MFN Exceptions definition

MFN Exceptions shall have the meaning provided in Section 2.14(c).
View Source
MFN Exceptions has the meaning provided in Section 2.19(b)(i).
View Source
MFN Exceptions as defined in Section 2.9.
View Source

Examples of MFN Exceptions in a sentence

  • Without prejudice to measures taken in accordance with Article 3.9 (Recognition), and except as provided for in its List of MFN Exemptions contained in Annex IX (List of MFN Exceptions) each Party shall accord immediately and unconditionally, in respect of all measures affecting the supply of services, to services and service suppliers of another Party treatment no less favourable than the treatment it accords to like services and service suppliers of any non-Party.

  • It is understood and agreed that any Indebtedness in the form of loans secured by Liens on the Collateral having a priority ranking equal to the priority of the Liens on the Collateral securing the Secured Obligations (but without regard to control of remedies) shall be subject to the MFN Protection set forth in Section 2.20(c) (but subject to the MFN Exceptions to such MFN Protection) as if such Indebtedness were an Incremental Term Loan.


More Definitions of MFN Exceptions

MFN Exceptions shall have the meaning provided in Section 2.14(c). “MFN Protection” shall have the meaning provided in Section 2.14(c). “Minimum Borrowing Amount” shall mean (a) with respect to a Borrowing of Term Loans, $5,000,000 or, in the case of Term Loans denominated in an Alternative Currency, €5,000,000, CAN$5,000,000, £5,000,000, ¥5,000,000 or A$5,000,000, as applicable (or (i) with respect to any other Alternative Currency, a like amount, or (ii) such lesser amount as may be agreed by the Administrative Agent or as may be required in order to accommodate Borrowings described under Section 2.14(b)) and (b) with respect to a Borrowing of Revolving Credit Loans, $1,000,000 (or in the case of Revolving Credit Loans denominated in an Alternative Currency, €1,000,000, CAN$1,000,000, £1,000,000, ¥1,000,000 or A$1,000,000, as applicable, or, in the case of any other Alternative Currency, a like amount, as applicable) and (c) with respect to a Borrowing of Swingline Loans, $100,000. “Minimum Tender Condition” shall have the meaning provided in Section 2.17(d). “Minority Investment” shall mean any Person (other than a Subsidiary) in which the Borrower or any Restricted Subsidiary owns Capital Stock. -65- #95203802v2296160609v3 #96160609v5
View Source
MFN Exceptions means any Incremental Term Loan and any Indebtedness subject to clause (c) of the “Applicable Requirements” that is (i) incurred to finance a Permitted Acquisition or other Investment permitted hereunder or (ii) incurred after February 25, 2021.
View Source
MFN Exceptions has the meaning assigned to such term in Section 2.20(c).
View Source