Ordinary Course Transfer is defined in Section 10.6(a)(i).
Ordinary Course Transfer shall have the meaning assigned it in Section 5.11.
Ordinary Course Transfer is defined in Section 10.3.
Examples of Ordinary Course Transfer in a sentence
PMI and PMAC shall not make any Ordinary Course Transfer without the prior, written consent of Fannie Mae to the extent that any such transfer would cause the annual Ordinary Course Transfers to exceed an amount that is the greater (A) one hundred ten percent (110%) of the Operating Projections, or (B) five million dollars ($5,000,000) .
More Definitions of Ordinary Course Transfer
Ordinary Course Transfer is defined in Section 10.7(a)(i).
Ordinary Course Transfer has the meaning assigned to it in paragraph 8I(i).
Ordinary Course Transfer means a Transfer that is performed in the ------------------------ ordinary course of business of the Person making such Transfer, including, without limitation, any Transfer of (i) inventory held for sale or (ii) equipment, fixtures, supplies or materials no longer required in the operation of the business of such Person or that is obsolete.
Ordinary Course Transfer is defined in Section 9.8.
Ordinary Course Transfer has the meaning assigned to it in paragraph 6K(i) of this Agreement.
Ordinary Course Transfer is defined in Section 10.7(a). "PBGC" means the Pension Benefit Guaranty Corporation referred to and defined in ERISA or any successor thereto. "Person" means an individual, partnership, corporation, limited liability company, association, trust, unincorporated organization, or a government or agency or political subdivision thereof. "Plan" means an "employee benefit plan" (as defined in section 3(3) of ERISA) that is or, within the preceding five years, has been established or maintained, or to which contributions are or, within the preceding five years, have been made or required to be made, by the Company or any ERISA Affiliate or with respect to which the Company or any ERISA Affiliate may have any liability. "Priority Debt" means, at any time, without duplication, the sum of (a) all then outstanding Debt of the Company or any Subsidiary secured by any Lien on any property of the Company or any Subsidiary (other than Debt secured only by Liens permitted under paragraphs (a) through (j) of Section 10.6), plus (b) all Funded Debt of Subsidiaries of the Company, plus (c) all Debt (other than Funded Debt) of Subsidiaries of the Company in the aggregate in excess of (i) for the period commencing on the date of this Agreement through and including August 31, 2016, an amount equal to eleven percent (11%) of Consolidated Net Worth and (ii) at any time on and after September 1, 2016, an amount equal to eight percent (8%) of Consolidated Net Worth, in each case under clauses (i) and (ii) determined as of the last day of the Company's most recently ended fiscal year for which financial statements have been provided to the holders of Notes pursuant to Section 7.1(b); provided that any CHS Capital Debt (x) in an aggregate amount not to exceed the greater of (i) $1,000,000,000 and (ii) fifteen percent (15%) of Consolidated Net Worth (determined as of the last day of the Company's most recently ended fiscal year for which financial statements have been provided to the holders of Notes pursuant to Section 7.1(b)) and (y) secured only by a Lien on a CHS Capital Loan Asset, will not be deemed to constitute Priority Debt. "property" or "properties" means, unless otherwise specifically limited, real or personal property of any kind, tangible or intangible, choate or inchoate. "Proposed Prepayment Date" is defined in Section 8.2(a). Schedule B-10 DB1/ 84912103.8
Ordinary Course Transfer has the meaning set forth in Section 10.3.