Permitted Xxxxxx definition

Permitted Xxxxxx means foreign exchange transactions, interest rate transactions and other over-the-counter derivatives executed by American Vanguard and any its Subsidiaries or any other Loan Party with a Permitted Hedge Provider that are permitted under this Agreement and are entered into in the ordinary course of business for the sole purpose of hedging currency or interest rate risks of such Loan Party and not for speculation.
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Permitted Xxxxxx means foreign exchange transactions, interest rate transactions, and other over-the-counter derivatives executed by Borrower with a Lender or an Affiliate of a Lender that are permitted under this Agreement and are entered into in the ordinary course of business for the purpose of hedging currency or interest rate risks of Borrower and not for speculation.
Sample 1

Examples of Permitted Xxxxxx in a sentence

  • Upon request by the Permitted Xxxxxx, Xxxxx shall provide, or cause to be provided, the Federal Reserve Bank wire reference numbers and other wire information related to any payments hereunder.

  • At the reasonable request of the Permitted Xxxxxx, Xxxxx will, at the sole expense of the Permitted Holder, execute such agreements, documents, certificates and/or other instruments confirming the existence of this Agreement, the obligations of Xxxxx xxxxxxxxx and the rights of the Permitted Holder hereunder.

  • Use the proceeds of Loans to refinance existing Indebtedness under the Existing Facility, for working capital and general corporate purposes of the Borrower, its Subsidiaries and its Affiliates in the ordinary course of business, including, but not limited to, acquisitions, capital expenditures, the repurchase of its capital stock and the Permitted Xxxxxx Parent Refinancing Indebtedness.

  • Landlord may require execution of an agreement with respect to the use of such parking areas by any Permitted Xxxxxx in form reasonably satisfactory to Landlord as a condition of any such use by such Permitted Xxxxxx.

  • A default by any Permitted Xxxxxx in the payment of such charges, the compliance with such rules and regulations, or the performance of such agreement(s) shall not constitute a material default by Tenant under this Lease.

  • Except for Permitted Xxxxxx, enter into any Other Hedging Agreements.

  • Except for Permitted Xxxxxx maintained pursuant to Section 7.10 above, enter into any Other Hedging Agreements.

  • The Borrower shall not enter into any Hedge Agreements other than Senior Secured Hedge Agreements and Other Permitted Xxxxxx.

  • From the period beginning 90 days after the making of any Revolving to Term Loan or any Incremental Term Loan until a date not less than three (3) years after the Closing Date, maintain in effect Permitted Xxxxxx acceptable to Agent effectively hedging the interest rate on a notional amount not less than one-half (50%) of the principal amount of such Revolving to Term Loan or Incremental Term Loan.

  • Other than in connection with the Permitted Xxxxxx Property Sale-Leaseback, enter as lessee into any lease arrangement for real or personal property (unless capitalized and permitted under Section 7.6) if after giving effect thereto, aggregate annual rental payments for all leased property would exceed $10,000,000 (excluding rental paid pursuant to any applicable Permitted Sale-Leaseback Documentation) in any one fiscal year in the aggregate for all Borrowers.


More Definitions of Permitted Xxxxxx

Permitted Xxxxxx means the forward hedging, swap, option or similar financially settled or physical Contracts and other commodity, interest rate or currency exchange Contracts listed on Disclosure Schedule 7.11(a)(xiii), which such schedule shall be updated by the Company prior to Closing to reflect such Contracts existing as of immediately prior to the Closing.
Sample 1
Permitted Xxxxxx of any Co-Issuer means (i) each Permitted Interest Rate Hedge and (ii) any other Interest Rate Hedge required to be treated as “Indebtedness” under clause (a) of the definition of that term with respect to which the Co-Issuers have received a Rating Agency Confirmation Letter, and that conforms to the terms considered in such Rating Agency Confirmation Letter (provided that the aggregate notional amount of all Permitted Xxxxxx in effect at any time shall not exceed $50,000,000).
Sample 1

Related to Permitted Xxxxxx

  • Permitted License means any non-exclusive license of patent rights of Borrower or its Subsidiaries so long as all such Permitted Licenses are granted to third parties in the Ordinary Course of Business, do not result in a legal transfer of title to the licensed property, and have been granted in exchange for fair consideration.

  • Permitted Disposal means any sale, lease, licence, transfer or other disposal:

  • Permitted Disposition means any of the following:

  • Permitted Dispositions means each of the following:

  • Permitted Number means one (1) unless otherwise indicated under a valid license (e.g. volume license) granted by Investintech or agreed to in writing by Investintech.

  • permitted hours means the periods specified for each parking place during which waiting by vehicles of a specific class is permitted as specified on the Plans;

  • permitted client means any of the following:

  • Permitted Distribution means any of the following:

  • Permitted Facility means a facility authorized by the general permit to discharge total nitrogen or

  • Permitted Debt means any Financial Indebtedness:

  • Permitted Installation means the activities and the limits to those activities described in Table 1.1.1 of this Permit.

  • Permitted Dividend has the meaning provided in Section 6.1(d).

  • Permitted Distributions means the following Distributions:

  • Permitted Licenses are (A) licenses of over-the-counter software that is commercially available to the public, and (B) non-exclusive and exclusive licenses for the use of the Intellectual Property of Borrower or any of its Subsidiaries entered into in the ordinary course of business, provided, that, with respect to each such license described in clause (B), (i) no Event of Default has occurred or is continuing at the time of such license; (ii) the license constitutes an arms-length transaction, the terms of which, on their face, do not provide for a sale or assignment of any Intellectual Property and do not restrict the ability of Borrower or any of its Subsidiaries, as applicable, to pledge, grant a security interest in or lien on, or assign or otherwise Transfer any Intellectual Property; (iii) in the case of any exclusive license, (x) Borrower delivers ten (10) days’ prior written notice and a brief summary of the terms of the proposed license to Collateral Agent and the Lenders and delivers to Collateral Agent and the Lenders copies of the final executed licensing documents in connection with the exclusive license promptly upon consummation thereof, and (y) any such license could not result in a legal transfer of title of the licensed property but may be exclusive in respects other than territory and may be exclusive as to territory only as to discrete geographical areas outside of the United States; and (iv) all upfront payments, royalties, milestone payments or other proceeds arising from the licensing agreement that are payable to Borrower or any of its Subsidiaries are paid to a Deposit Account that is governed by a Control Agreement.

  • Permitted Leakage means any of the following:

  • Permitted Business Investment means any Investment made in the ordinary course of, and of a nature that is or shall have become customary in, the Oil and Gas Business including investments or expenditures for actively exploiting, exploring for, acquiring, developing, producing, processing, gathering, marketing or transporting oil, natural gas or other Hydrocarbons and minerals through agreements, transactions, interests or arrangements which permit one to share risks or costs, comply with regulatory requirements regarding local ownership or satisfy other objectives customarily achieved through the conduct of the Oil and Gas Business jointly with third parties including:

  • Permitted Asset Dispositions means the following Asset Dispositions:

  • Permitted Asset Disposition means (i) any Asset Disposition permitted by Section 8.5 and (ii) any Excluded Asset Disposition.

  • Permitted Deductions means the sum of, without duplication, the following costs or expenses:

  • Permitted Payment as defined in Subsection 8.2(b).

  • Unrestricted Margin Stock means any Margin Stock owned by the Borrower or any Subsidiary which is not Restricted Margin Stock.

  • Permitted Sale Leaseback means any Sale Leaseback consummated by the Borrower or any of the Restricted Subsidiaries after the Original Closing Date, provided that any such Sale Leaseback not between (a) a Credit Party and another Credit Party or (b) a Restricted Subsidiary that is not a Credit Party to another Restricted Subsidiary that is not a Credit Party is consummated for fair value as determined at the time of consummation in good faith by (i) the Borrower or such Restricted Subsidiary and, in the case of any Sale Leaseback (or series of related Sales Leasebacks) the aggregate proceeds of which exceed $100,000,000, (ii) the board of directors of the Borrower or such Restricted Subsidiary (which such determination may take into account any retained interest or other Investment of the Borrower or such Restricted Subsidiary in connection with, and any other material economic terms of, such Sale Leaseback).

  • Permitted Amount means, on any date, an amount equal to 3.5 times Adjusted EBITDA as of the most recent fiscal quarter for which financial statements of the Company are internally available immediately preceding such date.

  • Permitted Sale means those sales, transfers or assignments permitted by the Credit Agreement.

  • Permitted Investment means an Investment by the Company or any Restricted Subsidiary in:

  • Permitted Restricted Payments means any of the following Restricted Payments made by: