Recovery Prepayment Event means the receipt of cash proceeds with respect to any settlement or payment in connection with any Recovery Event in respect of any property or asset of the Borrower or any Restricted Subsidiary; provided that the term “Recovery Prepayment Event” shall not include any Asset Sale Prepayment Event.
Recovery Prepayment Event means the receipt of Net Cash Proceeds with respect to any settlement or payment in connection with any Recovery Event in respect of any property or asset of the Borrower or any Restricted Subsidiary; provided that the term “Recovery Prepayment Event” shall not include any Asset Sale Prepayment Event.
Recovery Prepayment Event means the receipt of cash proceeds with respect to any settlement or payment in connection with any Recovery Event in respect of any property or asset of the Borrower or any Restricted Subsidiary constituting Collateral; provided that the term “Recovery Prepayment Event” shall not include any Asset Sale Prepayment Event. “Redemption Notice” shall have the meaning provided in Section 10.7(a). “Reference Time” with respect to any setting of the then-current Benchmark shall mean (1) if such Benchmark is the Eurocurrency Rate, 11:00 a.m. (London time) on the day that is two London banking days preceding the date of such setting, and (2) if such Benchmark is not the Eurocurrency Rate, the time determined by the Administrative Agent in its reasonable discretion in consultation with the Borrower. “Refinance”, “Refinancing” and “Refinanced” shall have the meanings provided in the definition of the term “Permitted Refinancing Indebtedness”. “Refinanced Debt” shall have the meaning provided in the definition of Credit Agreement Refinancing Indebtedness. “Refinanced Indebtedness” shall have the meaning provided in the definition of the term “Permitted Refinancing Indebtedness”. “Refunding Capital Stock” shall have the meaning provided in Section 10.6(a). “Register” shall have the meaning provided in Section 13.6(b)(v). “Regulated Bank” shall mean an Approved Bank that is (a) a U.S. depository institution the deposits of which are insured by the Federal Deposit Insurance Corporation; (b) a corporation organized under section 25A of the U.S. Federal Reserve Act of 1913; (c) a branch, agency or commercial lending company of a foreign bank operating pursuant to approval by and under the supervision of the Board under 12 CFR part 211; (d) a non-U.S. branch of a foreign bank managed and controlled by a U.S. branch referred to in clause (c); or (e) any other U.S. or non-U.S. depository institution or any branch, agency or similar office thereof supervised by a bank regulatory authority in any jurisdiction. “Regulation D” shall mean Regulation D of the Board as from time to time in effect and any successor to all or a portion thereof establishing margin requirements. “Regulation T” shall mean Regulation T of the Board as from time to time in effect and any successor to all or a portion thereof establishing margin requirements. “Regulation U” shall mean Regulation U of the Board as from time to time in effect and any successor to all or a portion thereof establishing margin r...
Examples of Recovery Prepayment Event in a sentence
All awards and proceeds relating to such condemnation shall be deemed proceeds from a Recovery Prepayment Event and applied in the manner specified in the Credit Agreement.
More Definitions of Recovery Prepayment Event
Recovery Prepayment Event means the receipt of cash proceeds with respect to any settlement or payment in connection with any Recovery Event in respect of any property or asset of the Borrower or any Restricted Subsidiary; provided, that, the term “Recovery Prepayment Event” shall not include any Asset Sale Prepayment Event. “Redemption Notice” shall have the meaning provided in Section 10.07(a). “Reference Time” with respect to any setting of the then-current Benchmark shall mean (1) if such Benchmark is the Term SOFR Rate, 6:00 a.m. on the day that is two U.S. Government Securities Business Days preceding the date of such setting and (2) if such Benchmark is not the Term SOFR Rate, the time determined by the Administrative Agent in its reasonable discretion. “Refinanced Debt” shall have the meaning provided in Section 2.15(b)(i). “Refinanced Term B Loans” shall have the meaning provided in Section 13.01. “Refinanced Term C Loans” shall have the meaning provided in Section 13.01. “Refinancing Amendment” shall have the meaning provided in Section Error! Reference source not found.. “Refinancing Commitments” shall have the meaning provided in Section 2.15(b)(i). “Refinancing Facility Closing Date” shall have the meaning provided in Section 2.15(b)(iv). “Refinancing Facility” shall mean any new Class of Loans or Commitments or increases to existing Classes of Loans or Commitments established pursuant to Section 2.15(b). “Refinancing Facility Closing Date” shall have the meaning provided in Section Error! Reference source not found.. “Refinancing Lenders” shall have the meaning provided in Section Error! Reference source not found.. “Refinancing Loan” shall have the meaning provided in Section 2.15(b)(ii). “Refinancing Loan Request” shall have the meaning provided in Section 2.15(b)(i). “Refinancing Revolving Commitments” shall have the meaning provided in Section 2.15(b)(i). “Refinancing Revolving Lender” shall have the meaning provided in Section Error! Reference source not found.. “Refinancing Revolving Loan” shall have the meaning provided in Section 2.15(b)(ii). “Refinancing Term B Commitments” shall have the meaning provided in Section 2.15(b)(i). “Refinancing Term B Lender” shall have the meaning provided in Section Error! Reference source not found.. “Refinancing Term B Loan” shall have the meaning provided in Section 2.15(b)(ii). “Refinancing Term B Repayment Amount” shall have the meaning provided in Section 2.05(c). “Refinancing Term C Commitments” shall have the meaning pr...
Recovery Prepayment Event means any event or occurrence generating Net Recovery Proceeds for any Loan Party or any Subsidiary thereof.
Recovery Prepayment Event shall not include any Asset Sale Prepayment Event.
Recovery Prepayment Event shall not include any Asset Sale Prepayment Event. “Redemption Notice” shall have the meaning provided in Section 10.07(a). “Reference Time” with respect to any setting of the then-current Benchmark shall mean (1) if such Benchmark is the Term SOFR Rate, 6:00 a.m. on the day that is two U.S. Government Securities Business Days preceding the date of such setting and (2) if such Benchmark is not the Term SOFR Rate, the time determined by the Administrative Agent in its reasonable discretion. “Refinanced Debt” shall have the meaning provided in Section 2.15(b)(i). “Refinanced Term B Loans” shall have the meaning provided in Section 13.01. “Refinancing Amendment” shall have the meaning provided in Section Error! Reference source not found.. “Refinancing Commitments” shall have the meaning provided in Section 2.15(b)(i). “Refinancing Facility” shall mean any new Class of Loans or Commitments or increases to existing Classes of Loans or Commitments established pursuant to Section 2.15(b). “Refinancing Facility Closing Date” shall have the meaning provided in Section Error! Reference source not found.. “Refinancing Lenders” shall have the meaning provided in Section Error! Reference source not found.. “Refinancing Letter of Credit Commitments” shall have the meaning provided in Section 2.15(b)(i). “Refinancing Loan” shall have the meaning provided in Section 2.15(b)(ii). “Refinancing Loan Request” shall have the meaning provided in Section 2.15(b)(i). “Refinancing Revolving Commitments” shall have the meaning provided in Section 2.15(b)(i). “Refinancing Revolving Lender” shall have the meaning provided in Section Error! Reference source not found.. “Refinancing Revolving Loan” shall have the meaning provided in Section 2.15(b)(ii). “Refinancing Term B Commitments” shall have the meaning provided in Section 2.15(b)(i).