Note Repurchase definition

Note Repurchase means a purchase of Notes by the Company pursuant to the provisions of Section 4.14(b) et seq.
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Note Repurchase means a purchase of Notes by the Company, other than pursuant to a Note Redemption or a Change of Control Offer; provided that all Notes purchased are delivered to the Trustee for cancellation promptly upon their receipt by the Company.
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Note Repurchase means any acquisition, repurchase, redemption, retirement or other purchase of Permanent Subordinated Debentures or Senior Notes.
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Examples of Note Repurchase in a sentence

  • Not later than 5:00 p.m. (New York City time) on the date set for purchase, an amount equal to the Series 2010-3 Note Repurchase Amount will be deposited into the Series 2010-3 Collection Account in immediately available funds.

  • In connection with any such purchase, the repurchase price for the Series 2010-3 Note shall equal the Series 2010-3 Note Repurchase Amount as of the Series 2010-3 Note Repurchase Date.

  • In connection with any such purchase, the repurchase price for the Series 2013-G1 Note shall equal the Series 2013-G1 Note Repurchase Amount as of the Series 2013-G1 Note Repurchase Date.

  • Not later than 5:00 p.m. (New York City time) on the date set for purchase, an amount equal to the Series 2013-G1 Note Repurchase Amount will be deposited into the Series 2013-G1 Collection Account in immediately available funds.

  • Because the Repurchase Note was incorporated into the Note Repurchase Agreement, see Note Repurchase Agreement ¶ 1, the bankruptcy court did not err in finding that Goss was in default on both.

  • Although the Bank continued to send Guarneros and His Companies demand notices for payment on the Grupo Serla Note, it also requested that Goss pay the remaining 85% due under the Note.On December 15, 2000, Goss and the Bank executed the Note Repurchase Agreement, which provided that Goss would repurchase the remaining 85% due under the Grupo Serla Note by delivering a promissory note (“the Repurchase Note”) to the Bank for $5,675,495.12.

  • The bankruptcy court concluded that the recitals of the Note Repurchase Agreement, which provided that Goss “has repurchased 15% of the Grupo Serla Note from the Bank” and that “the Bank has demanded that [Goss] repurchase the remaining 85% of the Grupo Serla Note,” Note Repurchase Agreement at 1, did not control and instead merely indicated “how much Goss paid to date with respect to its recourse obligations under the Grupo Serla Note.” In re GGSI Liquidation Inc., 351 B.R. at 565.

  • The Trustee further argues that the bankruptcy court erred in finding that the Bank’s actions after executing the Note Repurchase Agreement did not demonstrate that Goss owned the Grupo Serla Note at the time it was sold to Union Industrial.

  • Note: Repurchase, AEP, STP and SWP from the Scheme will be available only after completion of statutory lock -in period of 3 years.

  • The bankruptcy court determined that the Note Repurchase Agreement did not evidence any intent for ownership of the Grupo Serla Note to transfer to Goss when the Note Repurchase Agreement was executed, instead providing that Goss was not entitled to ownership until the Repurchase Note was paid in full.


More Definitions of Note Repurchase

Note Repurchase has the meaning assigned to such term in Section 6.08.
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Note Repurchase means a purchase of Notes by the Company, other than pursuant to a Note Redemption, a Change of Control Offer or an Excess Cash Offer; provided that all Notes purchased are delivered to the Trustee for cancellation promptly upon their receipt by the Company.
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Note Repurchase means the required repurchase of the Convertible Notes on the Note Repurchase Date at the option of the holders thereof pursuant to Section 1110 of the Indenture.
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Note Repurchase has the meaning given to that term in Clause 16.17 (Note Purchase Condition).
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Note Repurchase shall have the meaning provided in the definition of Refinancing contained herein.
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Note Repurchase means a purchase of Senior Secured Notes by the Corporation pursuant to the provisions of Section 4.14(b) et seq. of the Indenture.
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Related to Note Repurchase

  • Permitted Convertible Notes means any unsecured notes issued by the Company in accordance with the terms and conditions of Section 6.01 that are convertible into a fixed number (subject to customary anti-dilution adjustments, “make-whole” increases and other customary changes thereto) of shares of common stock of the Company (or other securities or property following a merger event or other change of the common stock of the Company), cash or any combination thereof (with the amount of such cash or such combination determined by reference to the market price of such common stock or such other securities); provided that, the Indebtedness thereunder must satisfy each of the following conditions: (i) both immediately prior to and after giving effect (including pro forma effect) thereto, no Default or Event of Default shall exist or result therefrom, (ii) such Indebtedness matures after, and does not require any scheduled amortization or other scheduled or otherwise required payments of principal prior to, and does not permit any Loan Party to elect optional redemption or optional acceleration that would be settled on a date prior to, the date that is six (6) months after the Maturity Date (it being understood that neither (x) any provision requiring an offer to purchase such Indebtedness as a result of change of control or other fundamental change (which change of control or other fundamental change, for the avoidance of doubt, constitutes a “Change of Control” hereunder), which purchase is settled on a date no earlier than the date twenty (20) Business Days following the occurrence of such change of control or other fundamental change nor (y) any early conversion of any Permitted Convertible Notes in accordance with the terms thereof, in either case, shall violate the foregoing restriction), (iii) such Indebtedness is not guaranteed by any Subsidiary of the Company other than the Subsidiary Borrowers or Subsidiary Guarantors (which guarantees, if such Indebtedness is subordinated, shall be expressly subordinated to the Secured Obligations on terms not less favorable to the Lenders than the subordination terms of such Subordinated Indebtedness), (iv) any cross-default or cross-acceleration event of default (each howsoever defined) provision contained therein that relates to indebtedness or other payment obligations of any Loan Party (such indebtedness or other payment obligations, a “Cross-Default Reference Obligation”) contains a cure period of at least thirty (30) calendar days (after written notice to the issuer of such Indebtedness by the trustee or to such issuer and such trustee by holders of at least 25% in aggregate principal amount of such Indebtedness then outstanding) before a default, event of default, acceleration or other event or condition under such Cross-Default Reference Obligation results in an event of default under such cross-default or cross-acceleration provision and (v) the terms, conditions and covenants of such Indebtedness must be customary for convertible Indebtedness of such type (as determined by the board of directors of the Company, or a committee thereof, in good faith).

  • reverse repurchase transactions means transactions whereby a Sub-Fund purchases Securities from a counterparty of Sale and Repurchase Transactions and agrees to sell such Securities back at an agreed price in the future.

  • Reverse Repurchase Agreement means an agreement pursuant to which the Fund sells Securities and agrees to repurchase such Securities at a described or specified date and price.

  • Permitted Debt Exchange Notes shall have the meaning provided in Section 2.15(a).

  • Early Repurchase Date shall have the meaning specified in Section 3(d) of this Agreement.

  • Fundamental Change Repurchase Price shall have the meaning specified in Section 15.02(a).

  • Eligible Repurchase Obligations Repurchase obligations with respect to any security that is a direct obligation of, or fully guaranteed by, the United States or any agency or instrumentality thereof the obligations of which are backed by the full faith and credit of the United States, in either case entered into with a depository institution or trust company (acting as principal) described in clauses (c)(ii) and (c)(iv) of the definition of Permitted Investments.

  • Permitted Notes means and include (i) any Permitted Junior Notes and (ii) any Permitted Pari Passu Notes.

  • sale and repurchase transactions means transactions whereby a Sub-Fund sells its Securities to a counterparty of Reverse Repurchase Transactions and agrees to buy such Securities back at an agreed price with a financing cost in the future.

  • Optional Repurchase is defined in Section 5.1(b).

  • Convertible Notes means the 2.75% Convertible Senior Notes of the Borrower due 2022 issued pursuant to the Convertible Notes Indenture.

  • Fundamental Change Repurchase Date shall have the meaning specified in Section 15.02(a).

  • Share Repurchase means the purchase, repurchase, redemption or other acquisition by Borrower from any Person of any capital stock or other equity interest of Borrower.

  • Receivables Repurchase Obligation means any obligation of a seller of receivables in a Qualified Receivables Financing to repurchase receivables arising as a result of a breach of a representation, warranty or covenant or otherwise, including as a result of a receivable or portion thereof becoming subject to any asserted defense, dispute, off-set or counterclaim of any kind as a result of any action taken by, any failure to take action by or any other event relating to the seller.

  • Repurchase Offer shall have the meaning specified in Section 11.1(b).

  • repurchase transaction means a transaction governed by an agreement by which a counterparty transfers securities or guaranteed rights relating to title to securities where that guarantee is issued by a recognised exchange which holds the rights to the securities and the agreement does not allow a counterparty to transfer or pledge a particular security to more than one counterparty at a time, subject to a commitment to repurchase them, or substituted securities of the same description at a specified price on a future date specified, or to be specified, by the transferor, being a repurchase agreement for the counterparty selling the securities and a reverse repurchase agreement for the counterparty buying them;

  • Repurchase Amount shall have the meaning set forth in Section 4.2 hereof.

  • Repurchase Assets has the meaning assigned thereto in Section 8 hereof.

  • Note Redemption Date means, with respect to any Notes to be redeemed under the Indenture, the date fixed for redemption of such Notes under the Indenture.

  • Convertible Note Indenture means the Indenture dated as of February 21, 2014 between Emergent and the Convertible Note Trustee pursuant to which the Convertible Notes were issued.

  • Securitization Repurchase Obligation means any obligation of a seller of Securitization Assets in a Qualified Securitization Financing to repurchase Securitization Assets arising as a result of a breach of a Standard Securitization Undertaking, including as a result of a receivable or portion thereof becoming subject to any asserted defense, dispute, offset or counterclaim of any kind as a result of any action taken by, any failure to take action by or any other event relating to the seller.

  • New Convertible Notes means the Company’s 5.0% Senior Unsecured Convertible Notes due 2023.

  • Repurchased Loan has the meaning set forth in Section 2.3(a).

  • Existing Notes means, collectively, the Existing Senior Guaranteed Notes and the Existing Senior Notes.

  • Bridge Notes means the series of notes, of which this Note is a part, dated on or about the date hereof, each of which are identical, other than the date of the Note, identity of the Holder and principal amount of this Note.

  • Eligible Repurchase Month As defined in Section 3.11 hereof.