Permitted Cure Security means an equity security of the Borrower having no mandatory redemption, repurchase or similar requirements prior to 91 days after the Latest Maturity Date of all Classes of Loans or Commitments, and upon which all dividends or distributions (if any) shall be payable solely in additional shares of such equity security.
Permitted Cure Security means an equity security of Holdings having no mandatory redemption, repurchase or similar requirements prior to May 30, 2011, and upon which all dividends or distributions (if any) shall be payable solely in additional shares of such equity security.
Permitted Cure Security means any Equity Interest of the Lead Borrower other than any Disqualified Stock; provided that any such Equity Interests issued for purposes of exercising a Cure Right pursuant to Section 8.04 that are not common Equity Interests shall be on terms and conditions reasonably acceptable to the Administrative Agent.
More Definitions of Permitted Cure Security
Permitted Cure Security means any Qualified Equity Interest of Holdings.
Permitted Cure Security means Equity Interests of the Borrower, Holdings or any Parent Entity issued pursuant to the Cure Right other than Disqualified Stock.
Permitted Cure Security means (i) any common equity security of Holdings and/or (ii) any equity security of Holdings having no mandatory redemption, repurchase or similar requirements prior to 91 days after the Term C Loan Maturity Date, and upon which all dividends or distributions (if any) shall be payable solely in additional shares of such equity security.
Permitted Cure Security means equity securities of the Company issued to Revlon (a) having no mandatory redemption, repurchase, repayment or similar requirements prior to the date which occurs six months after the Stated Multi-Currency Termination Date and (b) that are not convertible into or exchangeable for (i) debt securities or (ii) any equity securities that have mandatory redemption, repurchase, repayment or similar requirements prior to the date which occurs six months after the Stated Multi-Currency Termination Date and, in each case, upon which any required dividends or distributions shall be payable in additional shares of such security only.
Permitted Cure Security means equity securities of the Borrower or Holdings (a) having no mandatory redemption, repurchase, repayment or similar requirements prior to the date which occurs six months after the Latest Maturity Date and (b) that are not convertible into or exchangeable for (i) debt securities or (ii) any equity securities that have mandatory redemption, repurchase, repayment or similar requirements prior to the date which occurs six months after the Latest Maturity Date and, in each case, upon which any required dividends or distributions shall be payable in additional shares of such security only.
Permitted Cure Security means a Capital Security of Holdings constituting Qualified Capital Stock.
Permitted Cure Security means an equity security of the U.S. Borrower or a Parent Entity other than Disqualified Stock.