Partial Refinancing definition

Partial Refinancing. Any Optional Redemption by Refinancing of fewer than all Classes of Secured Debt.
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Partial Refinancing. Any Refinancing in connection with an Optional Redemption of fewer than all Classes of Secured Notes.
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Partial Refinancing. The meaning specified in Section 9.2(a).
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Examples of Partial Refinancing in a sentence

  • The Priority of Interest Proceeds, the Priority of Principal Proceeds, the Special Priority of Payments and the Priority of Partial Refinancing Proceeds.

  • If a Class or Classes of Debt is redeemed in connection with a Refinancing upon a redemption of the Debt in part by Class, Refinancing Proceeds, together with Partial Refinancing Interest Proceeds, will be applied on the related Redemption Date to pay the Redemption Price(s) of such Class or Classes of Debt in accordance with the Priority of Partial Refinancing Proceeds.

  • An Officer's certificate of the Collateral Manager to the effect that (i) the Partial Refinancing to be effected by this Supplemental Indenture meets the requirements for a Partial Refinancing specified in Section 9.2 of the Indenture and (ii) none of the Class B Notes, the Class C Notes, the Class D Notes or the Class E Notes will be materially and adversely affected by the modifications set forth in Section 1.III.

  • An opinion of tax counsel of nationally recognized standing in the United States experienced in such matters to the effect that such Partial Refinancing will not have a material adverse effect on the tax treatment of the Issuer or the tax consequences to the holders of any Class of Notes that remains outstanding after the Refinancing of the Refinanced Notes.

  • A redemption of the Secured Notes in part by Class from Refinancing Proceeds, Partial Refinancing Interest Proceeds (so long as any Class of Secured Notes to be redeemed represents not less than the entire Class of such Secured Notes).

  • KrantzM 1/1/1991PrincipalHanford Fire Department BLD-IND PrincipalKrantz Systems & Associates, LLCBLD-INDMission Support Alliance, MSIN S3-97 30126 Bretton PO Box 650 Livonia, MI 48152 Richland, WA 99352 Automatic Fire Alarm Association, Inc.

  • The 15th day of January, April, July and October of each year (or, if such day is not a Business Day, the next succeeding Business Day), commencing in July 2016 (each such date, a “Quarterly Payment Date”), each date fixed by the Trustee on which payments are made in accordance with Section 5.7 and each Redemption Date (other than a Partial Refinancing Date or a Re-Pricing Redemption Date).

  • Priority of Payments": The Priority of Interest Proceeds, the Priority of PrincipalProceeds, the Special Priority of Payments and the Priority of Partial Refinancing Proceeds.

  • The FullPlacement Agent": J.P. Morgan Securities LLC in its capacity as Refinancing Conditions orPlacement Agent under the Partial Refinancing ConditionsPlacement Agreement.

  • The 19th day of January, April, July and October of each year (or, if such day is not a Business Day, then the next succeeding Business Day), commencing in October 2016; provided that each Redemption Date (including any Partial Refinancing Date) shall constitute a Payment Date.


More Definitions of Partial Refinancing

Partial Refinancing. Any Optional Redemption by Refinancing of fewer than all Classes of Secured Debt. "Participation Interest": An interest in a Loan acquired indirectly from a Selling Institution by way of participation that, at the time of acquisition or the Issuer's commitment to acquire the same, satisfies each of the following criteria: (i) the Loan underlying such participation would constitute a Collateral Obligation were it acquired directly; (ii) the Selling Institution is a lender on the Loan; (iii) the aggregate participation in the Loan granted by such Selling Institution to any one or more participants does not exceed the principal amount or commitment with respect to which the Selling Institution is a lender under such Loan; (iv) such participation does not grant, in the aggregate, to the participant in such participation a greater interest than the Selling Institution holds in the Loan or commitment that is the subject of the participation; (v) the entire purchase price for such participation is paid in full (without the benefit of financing from the Selling Institution or its affiliates) at the time of the Issuer's acquisition (or, to the extent of a participation in the unfunded commitment under a Revolving Collateral Obligation or Delayed Drawdown Collateral Obligation, at the time of each funding of such Loan); (vi) the participation provides the participant all of the economic benefit and risk of the whole or part of the Loan or commitment that is the subject of the Loan participation; and
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Partial Refinancing. Any Refinancing in connection with an Optional Redemption of fewer than all Classes of Secured Notes. “Participation Interest”: A participation interest in a loan originated by a Selling Institution that, at the time of acquisition, or the Issuer’s commitment to acquire the same, satisfies each of the following criteria: (i) the Loan underlying such participation would constitute a Collateral Obligation were it acquired directly, (ii) the Selling Institution is a lender on the loan, (iii) the aggregate participation in the loan granted by such Selling Institution to any one or more participants does not exceed the principal amount or commitment with respect to which the Selling Institution is a lender under such loan, (iv) such participation does not grant, in the aggregate, to the participant in such participation a greater interest than the Selling Institution holds in the loan or commitment that is the subject of the participation, (v) the entire purchase price for such participation is paid in full (without the benefit of financing from the Selling Institution or its affiliates) at the time of the Issuer’s acquisition (or, to the extent of a participation in the unfunded commitment under a Revolving Collateral Obligation or Delayed Drawdown Collateral Obligation, at the time of the funding of such loan), (vi) the participation provides the participant all of the economic benefit and risk of the whole or part of the loan or commitment that is the subject of the loan participation, (vii) such participation is documented under an LSTA, Loan Market Association or similar agreement standard for loan participation transactions among institutional market participants and (viii) the Selling Institution had at the time of such acquisition or the Issuer’s commitment to acquire the same at least a short-term issuer credit rating of “A-1” (or if no short-term rating exists, a long-term issuer credit rating of “A+”) by S&P. For the avoidance of doubt, a Participation Interest does not include a sub-participation interest in any loan. “Paying Agent”: Any Person authorized by the Issuer to pay the principal of, or interest or other disbursements on, any Notes on behalf of the Issuer as specified in Section 7.2. “Payment Account”: The payment account of the Trustee established pursuant to Section 10.3(a). “Payment Date”: The 20th day of January, April, July and October of each year and each Post-Acceleration Payment Date (or, if any such day is not a Business Day, the...
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Partial Refinancing means the prepayment of Revolving Loans pursuant to Section 2.12(b) with the Net Cash Proceeds from the issuance of $200,000,000 aggregate principal amount of Debt and the concurrent pro rata
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Related to Partial Refinancing

  • Refinancing shall have correlative meanings.

  • Permitted Refinancing Debt means any Debt that Refinances any other Debt, including any successive Refinancings, so long as:

  • Credit Agreement Refinancing Indebtedness means (a) Permitted First Priority Refinancing Debt, (b) Permitted Junior Lien Refinancing Debt, (c) Permitted Unsecured Refinancing Debt or (d) Indebtedness incurred or Other Revolving Commitments obtained pursuant to a Refinancing Amendment, in each case, issued, incurred or otherwise obtained (including by means of the extension or renewal of existing Indebtedness) in exchange for, or to extend, renew, replace or refinance, in whole or part, existing Term Loans, outstanding Revolving Loans or (in the case of Other Revolving Commitments obtained pursuant to a Refinancing Amendment) Revolving Commitments, outstanding loans under any Incremental Revolving Facility or undrawn commitments under any Incremental Revolving Facility (“Refinanced Debt”); provided that (i) such extending, renewing, replacing or refinancing Indebtedness (including, if such Indebtedness includes any Other Revolving Commitments, the unused portion of such Other Revolving Commitments) is in an original aggregate principal amount not greater than the sum of the aggregate principal amount of the Refinanced Debt (and, in the case of Refinanced Debt consisting, in whole or in part, of unused commitments under any Incremental Revolving Facility or Other Revolving Commitments, the amount thereof) plus all accrued and unpaid interest and fees thereon and expenses incurred in connection with such extension, renewal, replacement or refinancing, (ii) such Indebtedness has a maturity that is equal to or later than and, except in the case of Other Revolving Commitments, a Weighted Average Life to Maturity equal to or greater than the Refinanced Debt, and (iii) such Refinanced Debt shall be repaid, defeased or satisfied and discharged, and all accrued interest, fees and premiums (if any) in connection therewith shall be paid, on the date such Credit Agreement Refinancing Indebtedness is issued, incurred or obtained; provided that to the extent that such Refinanced Debt consists, in whole or in part, of commitments under any Incremental Revolving Facility or Other Revolving Commitments (or loans incurred pursuant to any Incremental Revolving Facility or Other Revolving Loans), such commitments shall be terminated, and all accrued fees in connection therewith shall be paid, on the date such Credit Agreement Refinancing Indebtedness is issued, incurred or obtained.

  • Refinancing Debt means Debt that refunds, refinances, renews, replaces or extends any Debt permitted to be Incurred by the Company or any Restricted Subsidiary pursuant to the terms of this Indenture, whether involving the same or any other lender or creditor or group of lenders or creditors, but only to the extent that:

  • Refinancing Facility Agreement means a Refinancing Facility Agreement, in form and substance reasonably satisfactory to the Agent, among Holdings, the Borrower, each Subsidiary of the Borrower party to this Agreement, the Agent and one or more Refinancing Lenders, establishing Refinancing Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.26.

  • Refinancing Proceeds means the proceeds of the refinancing of any indebtedness of the Company, less the amount of expenses incurred by or on behalf of the Company in connection with such refinancing.

  • Refinancing Indebtedness means Indebtedness that Refinances any Indebtedness of the Company or any Restricted Subsidiary existing on the Issue Date or Incurred in compliance with this Indenture, including Indebtedness that Refinances Refinancing Indebtedness; provided, however, that: