MFN Provision has the meaning specified in Section 2.14(b).
MFN Provision has the meaning assigned to such term in Section 2.22(a)(v).
MFN Provision as defined in Section 2.25(a)(iv).
Examples of MFN Provision in a sentence
Promptly upon request by the Administrative Agent, the Parent and the Parent Borrower shall, and shall cause each other Loan Party to do, execute and take any and all such further acts, amendments, supplements, modifications and assurances and other instruments as the Administrative Agent may reasonably require from time to time in order to document incorporation of the MFN Provision and otherwise carry out the intent and purposes of this Section 10.19.
A charge of $40.00 will be collected by the Company for each check charged back to the Company by a bank.
A reopening also may trigger the application of a MFN Provision with respect to the original debt instruments (as discussed above).
An increase in the yield of a bank loan pursuant to a MFN Provision generally will not result in a Deemed Reissuance of such loan.51 3.
The application of MFN Provision on the dispute settlement is the ‘incorporation by reference’ of an arbitration agreement where clear agreement is strictly required (Plama v.
More Definitions of MFN Provision
MFN Provision shall have the meaning assigned to it in Section 2.1(d)(v)(B).
MFN Provision has the meaning set forth in Section 2.13(c)(vi).
MFN Provision shall have the meaning assigned to such term in Section 2.11.4(e) [Terms of Incremental Term Loan Commitment].
MFN Provision has the meaning specified in Section 2.14(b). “Minimum Extension Condition” has the meaning specified in Section 2.15(b). “Minimum Liquidity Certificate” has the meaning specified in Section 7.09(b)(ii). “Minimum Tender Condition” has the meaning specified in Section 2.17(b). “Moody’s” means Xxxxx’x Investors Service, Inc. and any successor thereto. “Mortgage” means, collectively, the deeds of trust, trust deeds, deeds of hypothecation, security deeds, and mortgages creating and evidencing a Lien on a Mortgaged Property made by the Loan Parties in favor or for the benefit of the Collateral Agent on behalf of the Secured Parties in form and substance reasonably satisfactory to the Collateral Agent, and any other mortgages executed and delivered pursuant to Section 6.10 and/or Section 6.12, as applicable. “Mortgage Policies” has the meaning specified in paragraph (f) of the definition of “Collateral and Guarantee Requirement.” “Mortgaged Property” means each real property owned by any Loan Party, if any, which shall be subject to a Mortgage delivered pursuant to Section 6.10 and/or Section 6.12, as applicable. “Multiemployer Plan” means any employee benefit plan of the type described in Section 4001(a)(3) of ERISA, to which any Loan Party or any ERISA Affiliate makes or is obligated to make contributions, or during the immediately preceding six (6) years, has made or been obligated to make contributions. “MS” means Xxxxxx Xxxxxxx Bank, N.A. “Net Cash Proceeds” means: (a) with respect to the Disposition of any asset by the Borrower or any Restricted Subsidiary or any Casualty Event, the excess, if any, of (i) the sum of cash and Cash Equivalents received in connection with such Disposition or Casualty Event (including any cash or Cash Equivalents received by way of deferred payment pursuant to, or by monetization of, a note receivable or otherwise, but only as and when so received and, with respect to any Casualty Event, any insurance proceeds or condemnation awards in respect of such Casualty Event actually received by or paid to or for the account of the Borrower or any Restricted Subsidiary (excluding any business interruption insurance proceeds)) over (ii) the sum of (A) the principal amount, premium or penalty, if any, interest and other amounts on any Indebtedness that is secured by the asset subject to such Disposition or Casualty Event and that is required to be repaid (and is timely repaid) in connection with such Disposition or Casualty Event (other...
MFN Provision as defined in Subsection 2.8(d).
MFN Provision has the meaning specified in Section 2.16(f).
MFN Provision has the meaning assigned to such term in Section 2.20(b)(iv). “Model” means the model delivered to the Administrative Agent and the Lenders on October 8, 2020 (together with any updates or modifications thereto reasonably agreed between the Borrower and the Administrative Agent and/or necessary to reflect any exercise of “market flex” as permitted under the Fee Letter). “Moody’s” means Xxxxx’x Investors Service, Inc. and any successor to its rating agency business. “Mortgage” means a mortgage, deed of trust, assignment of leases and rents or other security document granting a Lien on any Mortgaged Property in favor of the Collateral Agent for the benefit of the Secured Parties to secure the Secured Obligations, as the same may be amended, amended and restated, supplemented or otherwise modified from time to time. Each Mortgage shall be in form and substance reasonably satisfactory to the Administrative Agent. “Mortgaged Property” means each parcel of Material Real Property with respect to which a Mortgage is granted pursuant to the Collateral and Guarantee Requirement, Section 5.11, Section 5.12 or Section 5.14 (if any). “Multiemployer Plan” means a multiemployer plan as defined in Section 4001(a)(3) of ERISA, which is contributed to by (or to which there is or may be an obligation to contribute of) a Loan Party or an ERISA Affiliate, and each such plan for the five-year period immediately following the latest date on which a Loan Party or an ERISA Affiliate contributed to or had an obligation to contribute to such plan . “Net Proceeds” means, with respect to any event, (a) the proceeds received in respect of such event in cash or Permitted Investments, including (i) any cash or Permitted Investments received in respect of any non-cash proceeds (including any cash payments received by way of deferred payment of principal pursuant to a note or installment receivable or purchase price adjustment or earn-out, but excluding any interest payments), but only as and when received, (ii) in the case of a casualty, insurance proceeds that are actually received, and (iii) in the case of a condemnation or similar event, condemnation awards and similar payments that are actually received, minus (b) the sum of (i) all fees and out-of-pocket expenses paid in cash by the Borrower and its Restricted Subsidiaries in connection with such event (including attorney’s fees, investment banking fees, payments made in order to obtain a necessary consent or required by any Requirem...