Prudential Note Purchase Agreement definition

Prudential Note Purchase Agreement means that certain Second Amended and Restated Note Purchase and Guarantee Agreement dated as of February 25, 2017, by and between the Borrower, certain Subsidiaries of Borrower as Subsidiary Guarantors, and The Prudential Insurance Company of America and Prudential Retirement Insurance and Annuity Company, as Purchasers as in effect on the First Amendment Effective Date.

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Prudential Note Purchase Agreement means that certain Amended and Restated Note Purchase and Private Shelf Agreement, dated as of September 9, 2004, by and among the Company, Prudential Investment Management, Inc. and the purchasers party thereto from time to time, as amended, restated, supplemented, replaced, refinanced or otherwise modified from time to time.

Prudential Note Purchase Agreement means the Note Purchase Agreement dated as of January 13, 2015 (as amended, restated or otherwise modified from time to time to the extent permitted by Section 7.12(c)), by among the Borrower and The Prudential Insurance Company of America and certain of its affiliates party thereto, as purchasers.

Examples of Prudential Note Purchase Agreement in a sentence

The Restated Prudential Note Purchase Agreement does not provide for scheduled reductions in the principal balance of either the Series A Notes or the Series B Notes prior to their respective maturities.
The Bank also waives the prohibition provided in Section 6(c) of the Agreement against the Company or any Subsidiary guaranteeing the obligations of any other person, in order to allow Steak n Shake Operations, Inc., an Indiana corporation, Steak n Shake Enterprises, Inc., an Indiana corporation, and SnS Investment Company, an Indiana corporation, to guarantee the Company’s obligations to the Noteholders under the Prudential Note Purchase Agreement.
As of December 31, 2016 and 2015, borrowings under the Restated Prudential Note Purchase Agreement were $175.0 million.
The Restated Prudential Note Purchase Agreement contains customary events of default, including default under the Credit Agreement and failure to maintain REIT status.
In addition, as used herein, "Prudential Amendment" means the amendment letter dated as of March 31, 1998 amending the Amended and Restated Prudential Note Purchase Agreement.
Any event of default, if not cured or waived, would increase by 200 basis points (2.00%) the interest rate we pay under the Restated Prudential Note Purchase Agreement and could result in the acceleration of our indebtedness under the Restated Prudential Note Purchase Agreement and could also give rise to an event of default and could result in the acceleration of our indebtedness under our Credit Agreement.
The Noteholder hereby consents to (i) the amendment of the Bank Agreement as provided by the Bank Amendment and (ii) the amendment and restatement of the terms of the documents governing the Senior Indebtedness held by Prudential as provided by the Amended and Restated Prudential Note Purchase Agreement.
No Default or Event of Default has occurred and is continuing, and no default has occurred and is continuing under the Bank Agreement or under the Amended and Restated Prudential Note Purchase Agreement.
Certificates evidencing the existence of all of the insurance required under the Credit Agreement, the Prudential Note Purchase Agreement, or this Security Agreement shall be furnished to the Collateral Agent by the Company and the original policies providing such insurance shall be delivered to the Collateral Agent at its request.
The Administrative Agent shall have received, in form and substance satisfactory to the Administrative Agent, a fully-executed copy of an amendment to the Prudential Note Purchase Agreement with respect to the transactions contemplated by this Amendment, certified as true, correct and complete as of Fifth Amendment Effective Date by a Responsible Officer of the Borrower.

More Definitions of Prudential Note Purchase Agreement

Prudential Note Purchase Agreement means that certain Seventh Amended and Restated Note Purchase and Guarantee Agreement, dated as of November 21, 2024, among the Borrower, certain Subsidiaries of the Borrower as Subsidiary Guarantors, The Prudential Insurance Company of America and certain affiliates thereof, as Purchasers.

Prudential Note Purchase Agreement shall have the meaning ascribed thereto in Section 9.17.

Prudential Note Purchase Agreement means that certain Note Purchase and Private Shelf Agreement dated as of September, 27, 1995, entered into by and among the Company, Prudential, and each Prudential Affiliate which becomes a party thereto, as amended from time to time.

Prudential Note Purchase Agreement means that certain ---------------------------------- Note Purchase Agreement dated on April 26, 1996 between the Company, Prudential and certain affiliates of Prudential pursuant to which the Company issued (a) its unsecured 6.98% Notes due April 26, 2001 in an aggregate principal amount of $30,000,000 and (b) its unsecured 7.18% Notes due October 26, 2006 in an aggregate principal amount of $20,000,000, in each case as amended, supplemented, modified, but not increased, from time to time.