Prepayment Offer Notice definition

Prepayment Offer Notice set forth in this Section 101.
Prepayment Offer Notice means a written notice of a Prepayment Offer sent by the Company by first-class mail, postage prepaid, to each Holder at his address appearing in the Security Register on the date of the Prepayment Offer offering to purchase up to the principal amount of Securities specified in such Prepayment Offer at the purchase price specified in such Prepayment Offer (as determined pursuant to this Indenture). Unless otherwise required by applicable law, the Prepayment Offer Notice shall specify an expiry date (the "Expiry Date") of the Prepayment Offer which shall be, subject to any contrary requirements of applicable law, and a settlement date (the "Purchase Date") for purchase of the Securities which shall be, subject to any contrary requirements of applicable law, not less than 30 days nor more than 60 days after the date the Prepayment Offer Notice is mailed. The Prepayment Offer Notice shall contain information concerning the business of the Company and its Subsidiaries which the Company in good faith believes will enable such Holders to make an informed decision with respect to the Prepayment Offer, which at a minimum will include (i) the Company's most recent annual and quarterly financial statements and "Management's Discussion and Analysis of Financial Condition and Results of Operations" (which requirements may be satisfied by delivery of such documents together with the Prepayment Offer), (ii) a description of material developments in the Company's business subsequent to the date of the latest of such financial statements referred to in clause (i), (iii) if applicable, appropriate pro forma financial information concerning the Prepayment Offer, (iv) a description of the events requiring the Company to make the Prepayment Offer, (v) a description of the procedure which Holders must follow and any other information necessary to enable such Holders to tender Securities pursuant to the Prepayment Offer, (vi) a description of the procedure which Holders must follow and any other information necessary to enable such Holders to withdraw an election to tender Securities for payment, and (vi) any other information required by applicable law to be included therein. The Prepayment Offer Notice shall also state:
Prepayment Offer Notice a written notice (a) offering to prepay the Loans on the Specified Prepayment Date designated therein in an aggregate amount equal to the Prepayment Amount, (b) requesting each Lender to respond to such offer by delivering to the Agent and the Borrower a Prepayment Offer Response Notice no later than four Business Days prior to such Specified Prepayment Date, and (c) informing each such Lender that the failure by such Lender to deliver a Prepayment Offer Response Notice on or before the fourth Business Day prior to the Specified Prepayment Date shall be deemed to be the acceptance of the full amount of such offer by such Lender.

Examples of Prepayment Offer Notice in a sentence

  • They considered the lab as a test system that they cannot imbedded within or linked to any production-based systems.

  • Upon receiving a Mandatory Prepayment Offer Notice, Lenders may elect to have their Loans prepaid in whole or in part in integral multiples of $1,000 in exchange for cash.

  • Not less than 10 nor more than 20 Business Days prior to the date (a "Specified Prepayment Date") on which any such prepayment is scheduled to be made, the Borrower shall deliver a Prepayment Offer Notice to the Agent, which shall promptly thereafter deliver a copy thereof to each Lender.

  • Within ten Business Days of its receipt of the Prepayment Offer Notice, the Administrative Agent shall advise the Company as to the amounts to be prepaid pursuant to this Section 2.5(a)(ii) and the date on which such amounts are due, which date shall be any Business Day (determined by the Administrative Agent) within 30 days after the day it so advises the Company.

  • Each Term Loan Lender shall indicate its acceptance or rejection of such offer (and, in the case of its acceptance, its Prepayment Acceptance Amount) by delivering a Prepayment Offer Response Notice to the Agent and the Borrower no later than four Business Days prior to the Specified Prepayment Date set forth in the applicable Prepayment Offer Notice.


More Definitions of Prepayment Offer Notice

Prepayment Offer Notice has the meaning given such term in Section 309(b).
Prepayment Offer Notice shall have the meaning assigned to such term in Section 2.10(i)(ii).
Prepayment Offer Notice as defined in Section 2.11(j).
Prepayment Offer Notice has the meaning set forth in Section 2.5(a)(ii)(VI).
Prepayment Offer Notice. Section 4.11
Prepayment Offer Notice has the meaning provided in Section 1014.
Prepayment Offer Notice means a written notice (i) offering to prepay, on a specified date no less than 10 nor more than 14 days after the date thereof (the "Specified Prepayment Date"), the Term Loans in an aggregate amount equal to the Prepayment Amount, (ii) requesting each Term Loan Lender to respond to such offer by delivering to the Agent and the Borrower a Prepayment Offer Response Notice no later than four Business Days prior to the Specified Prepayment Date, and (iii) informing each such Lender that the failure by such Lender to deliver a Prepayment Offer Response Notice on or before the fourth Business Day prior to the Specified Prepayment Date shall be deemed to be a rejection of such offer by such Lender.