Pushdown Date definition
Examples of Pushdown Date in a sentence
Subject to the terms and conditions set forth herein, each Euro Term Lender (as defined in the Original Credit Agreement) severally agrees to make to Xxxxxxx on a pro rata basis on the Pushdown Date loans denominated in Euros in an aggregate amount not to exceed at any time outstanding the amount of such Euro Term Lender’s Euro Term Commitment (as defined in the Original Credit Agreement).
The Euro Term Commitment of each Euro Term Lender shall be automatically and permanently reduced to €0 at 5:00 p.m. on the Pushdown Date.
The Borrower will promptly notify the Agent upon either it or any member of the UK Group and prior to the Pushdown Date any member of the Target Group entering into any Hedging Agreement, provided that the Borrower shall incur no liability to pay damages for failure to so notify the Agent of any member of the Target Group entering into any Hedging Agreement.
Subject to the terms and conditions set forth herein, each Dollar Term Lender severally agrees to make to Xxxxxxx on a pro rata basis on the Pushdown Date loans denominated in Dollars in an aggregate amount not to exceed at any time outstanding the amount of such Dollar Term Lender’s Dollar Term Commitment.
Subject to the terms and conditions set forth herein, each Euro Term Lender severally agrees to make to Xxxxxxx on a pro rata basis on the Pushdown Date loans denominated in Euros in an aggregate amount not to exceed at any time outstanding the amount of such Euro Term Lender’s Euro Term Commitment.
The Parent will promptly notify the Agent upon either it or any member of the UK Group and the CWC Parent (on and after the date on which it becomes a party hereto) shall, prior to the Pushdown Date, promptly notify the Agent upon either it or any member of the Target Group entering into any Hedging Agreement.
The Relevant Obligor may request that a Guarantor (other than, prior to the Pushdown Date, the CWC Parent and, at any time thereafter, the Parent) ceases to be a Guarantor by delivering to the Agent a Resignation Notice.
For the purpose of the financial definitions set out in this Clause 17.2 references to the UK Group shall be deemed to include (a) Northampton Cable Television Limited, Herts Cable Limited and Cable & Wireless Communications (South Hertfordshire) Limited and (b) prior to the Pushdown Date, the Target Group.
The Dollar Term Commitment of each Dollar Term Lender shall be automatically and permanently reduced to $0 at 5:00 p.m. on the Pushdown Date.
Potential risks associated with the operation of the Facility, are generally limited in nature to effects associated with movement of the blades and electrical components within the nacelle.