MFN Qualifying Term Loans definition

MFN Qualifying Term Loans means any term loans that are (i) secured by the Collateral on a pari passu basis with the Initial Term Loans and (ii) pari passu in right of payment with the Initial Term Loans.
Sample 1Sample 2Sample 3
MFN Qualifying Term Loans means any broadly syndicated term loans that are (i) Incurred prior to the six-month anniversary of the Amendment No. 2 Effective Date, (ii) are secured by the Collateral on a pari passu basis with the Initial Term Loans and (iii) are pari passu in right of payment with the Initial Term Loans.
Sample 1Sample 2Sample 3
MFN Qualifying Term Loans means any term loans that are (i) secured by the Collateral on a pari passu basis with the Initial Term Loans and (ii) pari passu in right of payment with the Initial Term Loans. “Minimum Extension Condition” has the meaning specified in Section 2.15(b). “Minimum Tender Condition” has the meaning specified in Section 2.17(b). “Minimum Tranche Amount” has the meaning specified in Section 2.15(b). “Xxxxx’x” means Xxxxx’x Investors Service, Inc. or any of its successors or assigns that is a Nationally Recognized Statistical Rating Organization. “Mortgage” means, collectively, the deeds of trust, trust deeds, deeds of hypothecation, security deeds, immovable hypothecs, 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 4.01 and 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 Material Real Property which shall be subject to a Mortgage delivered pursuant to Section 4.01, 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. “Nationally Recognized Statistical Rating Organization” means a nationally recognized statistical rating organization within the meaning of Rule 436 under the Securities Act. “Net Available Cash” with respect to any Asset Disposition or Casualty Event (as applicable) means cash proceeds received (including any cash proceeds received from the sale or other disposition of any non-cash consideration received in any Asset Disposition, but only as and when received, but excluding any other consideration received in the form of assumption by the acquiring Person of Indebtedness or other obligations relating to the properties or assets that are the subject of such Asset Disposition or received in any other non-cash form) therefrom, in each case net of: (1) all legal, accounting, consulting, investment banking, survey costs, title and recording exp...
Sample 1

More Definitions of MFN Qualifying Term Loans

MFN Qualifying Term Loans means term loans that (w) are in the form of floating-rate term loans (other than Qualifying Bridge Loans) denominated in Dollars, (x) mature on or before the first (1st) anniversary of the Maturity Date of the Initial Term Loans, (y) are pari passu in right of security and in right of payment with the Initial Term Loans, and (z) are Incurred on or prior to the date that is fifteen (15) months after the Closing Date.
Sample 1
MFN Qualifying Term Loans as defined in Section 2.20(b).
Sample 1

Related to MFN Qualifying Term Loans

  • CIC Qualifying Termination means a Separation (A) within twelve (12) months following a Change in Control or (B) within three (3) months preceding a Change in Control (but as to part (B), only if the Separation occurs after a Potential Change in Control) resulting, in either case (A) or (B), from (i) the Company terminating the Executive’s employment for any reason other than Cause or (ii) the Executive resigning his or her employment for Good Reason. A termination or resignation due to the Executive’s death or disability shall not constitute a CIC Qualifying Termination. A “Potential Change in Control” means the date of execution of a legally binding and definitive agreement for a corporate transaction which, if consummated, would constitute the applicable Change in Control (which for the avoidance of doubt, would include, for example, a merger agreement, but not a term sheet for a merger agreement). In the case of a termination following a Potential Change in Control and before a Change in Control, solely for purposes of benefits under this Agreement, the date of Separation will be deemed the date the Change in Control is consummated.

  • Existing Term Loans has the meaning specified in Section 2.16(a).

  • Existing Term Loan has the meaning specified in Section 2.01(b).

  • Refinancing Term Loans means one or more Classes of Term Loans hereunder that result from a Refinancing Amendment.

  • Tranche B Term Loans means the Loans made by Lenders to Company pursuant to subsection 2.1A(ii).

  • Original Term Loans means the "Term Loans" under, and as defined in, the Original Credit Agreement.

  • Extended Term Loans has the meaning specified in Section 2.15(a).

  • Tranche B Term Loan as defined in Section 2.1.

  • Replaced Term Loans has the meaning assigned to such term in Section 9.02(c).

  • New Term Loans as defined in Section 2.24.

  • New Term Loan shall have the meaning provided in Section 2.14(c).

  • ABR Term Loan means any Term Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Refinancing Term Loan has the meaning specified in Section 2.15(b).

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

  • UK Qualifying Lender means a Lender which is beneficially entitled to interest payable to that Lender in respect of an advance under a Loan Document and is:

  • Additional Term Loans means any term loan added pursuant to Section 2.22, 2.23 or 9.02(c).

  • Identified Qualifying Lenders has the meaning set forth in Section 2.05(a)(v)(D)(3).

  • Extending Term Lender has the meaning set forth in Section 2.16(c).

  • Other Term Loans means one or more Classes of Term Loans that result from a Refinancing Amendment.

  • Tranche C Term Loan as defined in Section 2.1.

  • Refinancing Term Lender has the meaning specified in Section 2.15(c).

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Refinancing Term Commitments means one or more term loan commitments hereunder that fund Refinancing Term Loans of the applicable Refinancing Series hereunder pursuant to a Refinancing Amendment.

  • Specified Refinancing Term Loans means Specified Refinancing Debt constituting term loans.