Paydown Notice definition

Paydown Notice has the meaning set forth in Section 1.4(f)(i) of the Agreement.
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Paydown Notice is defined in Section 2.8(a) hereof.
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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).
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Examples of Paydown Notice in a sentence

  • This letter constitutes a Paydown Notice pursuant to Section 1.4(f)(i) of the Receivables Purchase Agreement.

  • Capitalized terms used in this Paydown Notice and not otherwise defined herein shall have the meanings assigned thereto in the Receivables Purchase Agreement.

  • 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.

  • The Borrowers may from time to time adjust the U.S. Borrower’s Share and the Canadian Borrower’s Share in connection with the delivery of any Paydown Notice pursuant to Section 1.1(b) or by written notice to each Purchaser Agent and the Administrator.

  • This letter constitutes a Paydown Notice pursuant to Section 2.4(f)(i) of the Receivables Financing Agreement.

  • This letter constitutes a Paydown Notice pursuant to Section 1.03(g) of the --------------- Receivables Transfer Agreement.

  • This letter constitutes a Paydown Notice pursuant to Section 2.3 of the IKON Loan Agreement.

  • Capitalized terms used in this Paydown Notice and not otherwise defined herein shall have the meanings assigned thereto in the Asset Backed Loan Agreement.

  • This letter constitutes a Paydown Notice pursuant to Section 1.03(g) of --------------- the Receivables Transfer Agreement.

  • In the event Lender elects to apply the Insurance Proceeds collected upon a Casualty to the payment of the Obligations and provided no Event of Default shall have occurred and be continuing, Lender shall notify the affected Borrower of such election in writing (a "Post Casualty Paydown Notice").


More Definitions of Paydown Notice

Paydown Notice means a written notice substantially in the form of Annex E.
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Paydown Notice has the meaning set forth in Section 1.4(f).
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Paydown Notice shall have the meaning set forth in Section 2.03(b) hereof.
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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 ...
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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.
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Related to Paydown Notice

  • Draw Down Notice shall have the meaning assigned to such term in Section 5.1(f) hereof.

  • Drawdown Notice means a notice in the form set out in Schedule 2 (or in any other form which the Agent approves or reasonably requires);

  • Take-Down Notice shall have the meaning set forth in Section 4(c) hereof.

  • Commitment Reduction Notice has the meaning given that term in Section 2.13.

  • Borrowing Notice is defined in Section 2.8.

  • Shelf Takedown Notice shall have the meaning given in subsection 2.1.3.

  • Underwritten Shelf Take-Down Notice has the meaning set forth in Section 2.02(e).

  • Discounted Voluntary Prepayment Notice has the meaning specified in Section 2.05(d)(v).

  • Funding Notice means a notice substantially in the form of Exhibit A.

  • Mandatory Prepayment Amount for any Debentures shall equal the sum of (i) the greater of: (A) 130% of the principal amount of Debentures to be prepaid, plus all accrued and unpaid interest thereon, or (B) the principal amount of Debentures to be prepaid, plus all other accrued and unpaid interest hereon, divided by the Conversion Price on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is less, multiplied by the VWAP on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is greater, and (ii) all other amounts, costs, expenses and liquidated damages due in respect of such Debentures.

  • Reduction Notice has the meaning set forth in Section 1.3.

  • Prepayment Notice means a notice by the Borrower to prepay Loans, which shall be in such form as the Appropriate Party may approve.

  • CAFA Notice refers to the notice requirements imposed by 28 U.S.C. § 1715(b).

  • Discounted Prepayment Option Notice has the meaning specified in Section 2.05(d)(ii).

  • Notice of Loan Prepayment means a notice of prepayment with respect to a Loan, which shall be substantially in the form of Exhibit 2.05 or such other form as may be approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer.

  • Step-In Notice has the meaning set out in Section 3.1;

  • Notice of Borrowing has the meaning specified in Section 2.02(a).

  • Committed Loan Notice means a notice of (a) a Committed Borrowing, (b) a conversion of Committed Loans from one Type to the other, or (c) a continuation of Eurodollar Rate Loans, pursuant to Section 2.02(a), which, if in writing, shall be substantially in the form of Exhibit A.

  • Delay Delivery Certification As defined in Section 2.02(a) hereof.

  • Proposed Prepayment Date is defined in Section 8.3(c).

  • Solicited Discounted Prepayment Notice means an irrevocable written notice of a Borrower Solicitation of Discounted Prepayment Offers made pursuant to Section 2.11(a)(ii)(D) substantially in the form of Exhibit N.

  • Discounted Voluntary Prepayment has the meaning specified in Section 2.05(d)(i).

  • Advance Notice means a written notice to the Investor setting forth the Advance amount that the Company requests from the Investor and the Advance Date.

  • Swing Line Loan Notice means a notice of a Swing Line Borrowing pursuant to Section 2.04(b), which, if in writing, shall be substantially in the form of Exhibit B.

  • Mandatory Prepayment Event means any of the following:

  • Proposed Discounted Prepayment Amount has the meaning specified in Section 2.05(d)(ii).