Refinancing Closing Date definition

Refinancing Closing Date has the meaning specified in Section 2.7(d).
Refinancing Closing Date has the meaning specified in Section 2.4(e). “Refinancing Indebtedness” means with respect to any Indebtedness (the “Refinanced Indebtedness”), any other Indebtedness which extends, refinances, refunds, replaces or renews (collectively, “Refinance”) such Indebtedness; provided that (a) the principal amount (or accreted value, if applicable) of such Refinancing Indebtedness does not exceed the principal amount (or accreted value, if applicable) of the Refinanced Indebtedness except by an amount equal to unpaid accrued interest and premium (including applicable prepayment or redemption penalties) thereof plus fees and expenses incurred in connection therewith, (b) any Liens securing such Refinancing Indebtedness do not attach to any property of any Obligor that did not secure the Refinanced Indebtedness, (c) if the Refinanced Indebtedness is Subordinated Indebtedness, such extension, refinancing, refunding, replacement or renewal does not result in the Refinancing Indebtedness having a shorter maturity than the Refinanced Indebtedness (or if shorter, the Term Loans), and (d) if the Refinanced Indebtedness is Subordinated Indebtedness, then the terms and conditions of the Refinancing Indebtedness shall include subordination terms and conditions that are no less favorable to the Lenders in all material respects as those that were applicable to the Refinanced Indebtedness. “Refinancing Term Commitments” has the meaning specified in Section 2.4(a). 28 [[6024167]]
Refinancing Closing Date the date on which the conditions precedent set forth in Section 8.2 shall be satisfied.

Examples of Refinancing Closing Date in a sentence

  • The Purchase Price for any Collateral acquired by the Buyer from the Seller on any Purchase Date after the Refinancing Closing Date pursuant to this Agreement shall be paid in a combination of (i) immediately available funds in cash and (ii) if the Buyer does not have sufficient funds in cash to pay the full amount of the Purchase Price, by means of a capital contribution by the Seller to the Buyer.

  • With respect to any Purchase Date after the Refinancing Closing Date, to the extent the value of the Collateral transferred by the Seller to the Buyer exceeds the value of the cash received by the Seller for such assets, such excess shall be deemed to constitute a capital contribution from the Seller to the Buyer.

  • For administrative convenience, the Refinancing Closing Date Participation Interests held by the Financing Subsidiary on the Refinancing Closing Date will be transferred directly from the Financing Subsidiary to the Buyer, but such Refinancing Closing Date Participations shall be deemed to have been distributed (through an intermediate entity) by the Financing Subsidiary to the Seller and sold by the Seller to the Buyer hereunder.

  • The Seller and the Financing Subsidiary acknowledge that from and after the Refinancing Closing Date it shall have no equitable or beneficial interest in any payment received by it with respect to any Refinancing Closing Date Participation Interest (other than any accrued and unpaid interest with respect to the period of time prior to and excluding the Refinancing Closing Date).

  • The parties hereby agree to treat the transfer of the Refinancing Closing Date Participation Interests by the Seller to the Buyer as a sale and purchase on all of their respective relevant books and records.


More Definitions of Refinancing Closing Date

Refinancing Closing Date has the meaning assigned to such term in Section 2.22(a).
Refinancing Closing Date means the date on which the refinancing of the Existing Debt occurs.
Refinancing Closing Date means July 25, 2024.
Refinancing Closing Date means the “Closing Date”, as such term is defined in the Restructuring Agreement.
Refinancing Closing Date means the date on which a Refinancing shall have been consummated.
Refinancing Closing Date as defined in Section 2.21(d). “Refinancing Equivalent Debt” as defined in Section 2.21(h)(i).
Refinancing Closing Date means 23 February 2017.