Otherwise Applied definition

Otherwise Applied means, with respect to any Net Proceeds, the amount of such Net Proceeds that was (i) required to prepay the Loans pursuant to Section 2.11 or (ii) otherwise previously applied under the Loan Documents.
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Otherwise Applied has the correlated meaning.
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Otherwise Applied shall have the corresponding meaning.
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Examples of Otherwise Applied in a sentence

  • In addition to the foregoing Capital Expenditures, the Borrower and its Subsidiaries may make additional Capital Expenditures in an aggregate amount not to exceed 100% of Cumulative Excess Cash Flow that is Not Otherwise Applied.

  • Otherwise Applied Subjects and VET subjects are not counted towards the ATAR.

  • Subsection 8.14(a) of the Credit Agreement is hereby amended by inserting “(x)” immediately prior to the phrase “with Cumulative Excess Cash Flow Not Otherwise Applied so long as the Consolidated Leverage Ratio of the Parent Borrower for the Most Recent Four Quarter Period is less than or equal to 3.75 to 1.00” and inserting immediately after such phrase “and (y) in amounts not to exceed in the aggregate the amount of any Indebtedness incurred or assumed in reliance on subsection 8.2(x)”.


More Definitions of Otherwise Applied

Otherwise Applied shall have the correlative meaning.
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Related to Otherwise Applied

  • SRM Regulation means Regulation (EU) No 806/2014 of the European Parliament and Council of 15 July 2014 establishing uniform rules and a uniform procedure for the resolution of credit institutions and certain investment firms in the framework of a Single Resolution Mechanism and a Single Resolution Fund and amending Regulation (EU) No 1093/2010, as amended or replaced from time to time.

  • Financial Regulations means regulations made under section 21 of the Act;

  • Fee and Expense Application means the motion to be filed by Class Counsel, in which they seek approval of an award of attorneys’ fees, costs, and expenses.

  • AIFM Regulation means Commission Delegated Regulation (EU) No. 231/2013.

  • CDM Regulations means the Construction (Design and Management) Regulations 2015;

  • FDCA shall have the meaning ascribed to such term in Section 3.1(hh).

  • Capital Regulations means, at any time, the regulations, requirements, guidelines and policies relating to capital adequacy of the FSA then in effect;

  • Flood Insurance Regulations means (i) the National Flood Insurance Act of 1968 as now or hereafter in effect or any successor statute thereto, (ii) the Flood Disaster Protection Act of 1973 as now or hereafter in effect or any successor statue thereto, (iii) the National Flood Insurance Reform Act of 1994 (amending 42 USC 4001, et seq.), as the same may be amended or recodified from time to time, and (iv) the Flood Insurance Reform Act of 2004 and any regulations promulgated thereunder.

  • Applicable Regulations As to any Mortgage Loan, all federal, state and local laws, statutes, rules and regulations applicable thereto.

  • National Flood Insurance Program means the program created by the U.S. Congress pursuant to the National Flood Insurance Act of 1968 and the Flood Disaster Protection Act of 1973, as revised by the National Flood Insurance Reform Act of 1994, that mandates the purchase of flood insurance to cover real property improvements located in Special Flood Hazard Areas in participating communities and provides protection to property owners through a Federal insurance program.

  • FD&C Act means the United States Federal Food, Drug and Cosmetic Act, as amended.

  • Regulations D, T, U and X” means, respectively, Regulations D, T, U and X of the Board of Governors of the Federal Reserve System (or any successor), as the same may be modified and supplemented and in effect from time to time.