Offer to Repay definition

Offer to Repay is defined in Section 8.1.3(b).
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Offer to Repay means an offer by the Borrower to repay all or a specified portion of Term Loans at par (and to pay accrued and unpaid interest on any principal amount of Term Loans repaid pursuant to such offer), which offer is made pursuant to and in accordance with the provisions of Section 2.11(f).
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Offer to Repay shall have the meaning set forth in Section 2.05A(c).
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Examples of Offer to Repay in a sentence

  • After any amounts are received in the Note Redemption Account, Collateral Agent shall direct Depositary, pursuant to an Account Withdrawal Instruction, to withdraw amounts from the Note Redemption Account in the amount specified in such Account Withdrawal Instruction and to pay such amount on the Offer Settlement Date to any Holder of the Notes that has accepted an Offer to Repay made by the Company pursuant to, and in the amount required by, Section 8.1.3 of the Note Purchase Agreement.

  • Notwithstanding the foregoing provisions of this clause (g) or any other clause of this Section 2.13, the Borrower and its Subsidiaries, the Administrative Agent and the Lenders hereby agree that nothing in this Agreement shall be understood to mean or suggest that the Term Loans subject to an Offer to Repay Term Loans constitute “securities” for purposes of either the Securities Act or the Securities Exchange Act.

  • If the Holder does not accept either the Offer to Repay or the Offer to Convert within the Acceptance Period, the Holder shall be deemed to have accepted the Offer to Convert on the last day of the said Acceptance Period, and the provisions of Section 4.3(b) shall apply.

  • On the Change of Control Offer Settlement Date, the Borrower shall pay to those Lenders who have accepted (or are deemed to have accepted) the Change of Control Offer to Repay the aggregate amount necessary to prepay that portion of the outstanding Loans, together with the Change of Control Prepayment Fee, in respect of which such Lenders have accepted (or are deemed to have accepted) the Change of Control Offer to Repay in accordance with this Section 3.8(a).

  • Legal provisions that prohibit foreigners from accessing mining rights constitute a capital formation restricting effect in the domestic mining industry.

  • For avoidance of doubt, no Spin-Off shall be permitted prior to the prepayment of all amounts owing to Lenders that accept the Borrower's Spin Offer to Repay in accordance with this Section 3.8(b).

  • TABLE OF CONTENTS Page ARTICLE I DEFINITIONS 1 ARTICLE II THE CREDITS 31 2.1. Commitment 31 2.2. Required Payments; Termination 32 2.3. Ratable Loans; Types of Advances 3032 2.4. Offer to Repay 3032 2.5. Commitment Fee 33 2.6. Minimum Amount of Each Advance 3133 2.7. Reductions in Aggregate Commitment; Optional Principal Payments 3133 2.8. Method of Selecting Types and Interest Periods for New Advances 34 2.9. Conversion and Continuation of Outstanding Advances; Maximum Number of Interest Periods 34 2.10.

  • If the Holder Accepts the Offer to Repay, the Corporation shall repay the Adjusted Repayment Price, by certified cheque, money order or other immediately available funds, to the Holder or as the Holder may direct, within 15 days of the receipt or deemed receipt of the Holder’s acceptance by the Corporation.

  • On the Non-Spin Offer Settlement Date, the Borrower shall pay to those Lenders who have accepted (or are deemed to have accepted) the Non-Spin Offer to Repay the aggregate amount necessary to prepay that portion of the outstanding Loans, together with the Non-Spin Prepayment Fee, in respect of which such Lenders have accepted (or are deemed to have accepted) the Non-Spin Offer to Repay in accordance with this Section 3.8(c).

Related to Offer to Repay

  • Offer to Purchase means an offer to purchase Notes by the Company from the Holders commenced by mailing a notice to the Trustee and each Holder stating:

  • Offer means “proposals” in negotiation.

  • Discount Range Prepayment Offer means the irrevocable written offer by a Term Lender, substantially in the form of Exhibit L, submitted in response to an invitation to submit offers following the Auction Agent’s receipt of a Discount Range Prepayment Notice.

  • Borrower Solicitation of Discount Range Prepayment Offers means the solicitation by any Company Party of offers for, and the corresponding acceptance by a Lender of, a voluntary prepayment of Term Loans at a specified range of discounts to par pursuant to Section 2.05(a)(v)(C).

  • Borrower Solicitation of Discounted Prepayment Offers means the solicitation by any Company Party of offers for, and the subsequent acceptance, if any, by a Lender of, a voluntary prepayment of Term Loans at a discount to par pursuant to Section 2.05(a)(v)(D).

  • Sell Offer means an offer to sell Capacity Resources in a Base Residual Auction, Incremental Auction, or Reliability Backstop Auction.

  • Solicited Discounted Prepayment Offer means the irrevocable written offer by each Term Lender, substantially in the form of Exhibit O, submitted following the Administrative Agent’s receipt of a Solicited Discounted Prepayment Notice.

  • Change of Control Offer has the meaning provided in Section 4.15.

  • Net Proceeds Offer Amount has the meaning set forth in Section 4.16.

  • Net Proceeds Offer has the meaning provided in Section 4.16.

  • Asset Sale Offer Amount shall have the meaning specified in Section 4.14.

  • Mandatory Tender Notice means, in connection with the Mandatory Tender of VRDP Shares, a notice, substantially in the form attached to the VRDP Shares Remarketing Agreement as Annex II, delivered by the Fund or the Tender and Paying Agent on behalf of the Fund to the Holders and the Liquidity Provider in accordance with this Agreement and specifying a Mandatory Tender Event and Purchase Date.

  • Excess Proceeds With respect to any Liquidated Mortgage Loan, the amount, if any, by which the sum of any Liquidation Proceeds of such Mortgage Loan received in the calendar month in which such Mortgage Loan became a Liquidated Mortgage Loan, net of any amounts previously reimbursed to the Servicer as Nonrecoverable Advance(s) with respect to such Mortgage Loan pursuant to Section 3.11(a)(iii), exceeds (i) the unpaid principal balance of such Liquidated Mortgage Loan as of the Due Date in the month in which such Mortgage Loan became a Liquidated Mortgage Loan plus (ii) accrued interest at the Mortgage Interest Rate from the Due Date as to which interest was last paid or for which a Periodic Advance was made (and not reimbursed) up to the Due Date applicable to the Distribution Date immediately following the calendar month during which such liquidation occurred.

  • Repurchase Offer has the meaning set forth in Section 3.04.

  • Asset Sale Offer shall have the meaning specified in Section 4.14.

  • Repurchase As defined in Section 2.03(a) of this Agreement.

  • Net Proceeds Offer Payment Date has the meaning set forth in Section 4.16.

  • Offer Notice shall have the meaning set forth in Section 4.1.

  • Net Proceeds Offer Trigger Date has the meaning set forth in Section 4.16.

  • Prepayment means any prepayment, whether in part or in full, in respect of any Receivable.

  • Discount Range Prepayment Response Date has the meaning set forth in Section 2.05(a)(v)(C)(1).

  • Discount Range Prepayment Notice means a written notice of a Borrower Solicitation of Discount Range Prepayment Offers made pursuant to Section 2.11(a)(ii)(C) substantially in the form of Exhibit K.

  • Offer Amount has the meaning set forth in Section 4.12(e).

  • Purchase Offer shall have the meaning assigned to such term in Section 2.25(a).