Paydown Notice has the meaning set forth in Section 1.4(f)(i) of the Agreement.
Paydown Notice is defined in Section 2.8(a) hereof.
Paydown Notice means a notice in substantially the form of Exhibit H hereto executed and delivered by the Borrower to the Agents pursuant to Section 3.02(b).
Examples of Paydown Notice in a sentence
The Borrower may at any time pay, without penalty or premium, all outstanding Swing Line Loans, or any portion of the outstanding Swing Line Loans, upon delivery of a Paydown Notice to the Administrative Agent and the Swing Line Bank by 2:00 p.m. (New York time) on the date of repayment.
More Definitions of Paydown Notice
Paydown Notice means a written notice substantially in the form of Annex E.
Paydown Notice has the meaning set forth in Section 1.4(f).
Paydown Notice means, as to any Variable Funding Bond, a notice from Issuer to each of Purchaser and Collateral Agent of Issuer’s intent to repay part or all of such Variable Funding Bond, delivered in accordance with Section 2.02(b), substantially in the form attached hereto as Annex C-2.
Paydown Notice shall have the meaning set forth in Section 2.03(b) hereof.
Paydown Notice means a notice in substantially the form of Exhibit H hereto executed and delivered by the Borrower to the Agents pursuant to Section 3.02(b). “Payment Account” means the segregated account of the Borrower described as such on Schedule II and any successor account maintained with an Eligible Bank in accordance with Section 3.04. “Payment Recipient” has the meaning assigned to it in Section 10.12(a). “PBGC” means the Pension Benefit Guaranty Corporation referred to and defined in ERISA and any successor entity performing similar functions. “Performance Guarantee Claim Ratio” means, with respect to any Settlement Period, a ratio (expressed as a percentage) calculated as (i) the sum of the aggregate Principal Balance of all 751499193.15 22727329 34 Pool Receivables that constitute Eligible Receivables that are subject to payments, or rights to payments, related to performance guarantees entered into with the related Obligors as of the Cut- off Date for such Settlement Period, divided by (ii) the aggregate Principal Balance of all Pool Receivables that constitute Eligible Receivables as of the Cut-off Date for such Settlement Period. “Performance Support Agreement” means the Performance Support Agreement, dated on or about the Closing Date, among the Parent, the Administrative Agent and the Collateral Agent, in form and substance acceptable to the Collateral Agent, the Administrative Agent and the Required Lenders. “Periodic Term SOFR Determination Day” has the meaning specified in the definition of “Term SOFR”. “Permitted Adverse Claims” means any Lien (a) created under the Transaction Documents in favor of the Lenders, the Collateral Agent, the Administrative Agent, the Affected Persons, and the Group Agents, (b) created under the Sale Agreement in favor of the Borrower, (c) with respect to the Related Assets, imposed by law, such as materialmen’s, warehousemen’s, mechanics’, carriers’, workmen’s and repairmen’s Liens or (d) as to which no enforcement collection, execution, levy, or foreclosure proceeding shall have been commenced or threatened and that solely secure the payment of taxes, assessments and/or governmental charges or levies, if and to the extent the same are either (x) not yet due and payable, or (y) being contested in good faith and as to which adequate reserves have been provided in accordance with GAAP, but, in any case, only to the extent that such Lien securing payment of such taxes or assessments or other governmental charges constitutes ...