Offer to Repay definition

Offer to Repay is defined in Section 8.1.3(b).
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Offer to Repay shall have the meaning set forth in Section 2.05A(c).
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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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Examples of Offer to Repay in a sentence

  • Each Holder of a Note (or its appointee) wishing to accept the Offer to Repay shall reply, substantially in the form of Schedule 1 to Exhibit 8.1.3(b), indicating whether such Offer to Repay is accepted by the close of business on the fifth (5th) Business Day immediately preceding the Offer Settlement Date.

  • It is thus clear that under the above definitions ‘underwriter' or ‘underwriting' is about dealing in securities of a body corporate.

  • 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.

  • 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.

  • Upon the occurrence of a Triggering Event, the Additional Borrower shall comply with the requirements of Section 2.05A regarding the timely making of an Offer to Repay and sending of an Offer to Repay Notice.

  • No such prepayment or Offer to Repay shall be required if the Leverage Ratio on such day is less than or equal to 4.00 to 1.00.

  • 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).

  • Each partial prepayment of any Borrowing shall be in an amount that would be permitted in the case of an advance of a Borrowing of the same Type as provided in Section 2.02, except as necessary to apply fully the required amount of a mandatory prepayment or Offer to Repay or to prepay such Borrowing in full.

  • Each such prepayment and Offer to Repay shall be made, subject to the provisions and procedures set forth in Section 2.11(f).

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.

  • Offer Form means the Offer Form set out in Part 3 of this Tender Document;

  • Increment Offer means a type of Virtual Transaction that is an offer to sell energy at a specified location in the Day-ahead Energy Market. A cleared Increment Offer results in scheduled generation at the specified location in the Day-ahead Energy Market.

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

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

  • Asset Sale Offer Amount has the meaning assigned to it in Section 3.12(c).

  • 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 2.05(a)(v)(C) substantially in the form of Exhibit M-4.

  • 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).