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Refinancing Event definition

Refinancing Event means the closing of a loan with a lender other than Lender or the making of an equity contribution by a shareholder other than Lender or any other Lender’s affiliates, the proceeds of which are applied to pay in full in cash the aggregate outstanding principal amount of the Term LoansLoan A and the Term Loan B, together with all accrued interest thereon (including interest accrued but not yet capitalized) and all other Secured Obligations arising in respect thereof (including, without limitation the Term Loan Prepayment Charge (if applicable)).
Refinancing Event is defined in Section 3(f). ----------------- ------------
Refinancing Event means an event set out in paragraphs (a) to (e) of the definition of Refinancing.

Examples of Refinancing Event in a sentence

  • Lightstone Property Sale and similar phrases such as Lightstone Property Sales: Any Transfer of a Lightstone Property or any part thereof other than a Refinancing Event, an Occupancy Lease, or a Taking.

  • This Agreement constitutes the complete understanding between Xxxxxx and the Bank and supersedes any and all prior agreements, promises or inducements, no matter what form, concerning its subject matter.

  • Such interest shall be payable in arrears fifteen days following the end of each calendar quarter, provided, that if a Capital Event or Refinancing Event occurs during such calendar quarter, such Additional Interest shall be payable fifteen days following such occurrence.

  • Together with each prepayment under this Section 1.8, the Borrower shall pay any amounts required pursuant to Section 10.4 hereof, and together with each prepayment of the Term Loan (other than those under Sections 1.8(a) and 1.8(e)), the Borrower shall pay the Prepayment Premium to the extent such prepayment is in connection with a Refinancing Event.

  • The earliest to occur of (i) October 31, 2006 (as such date may be extended from time to time in accordance with the terms hereof), (ii) the date on which either an Early Amortization Event or an Event of Default initially occurs and (iii) the date on which a Refinancing Event occurs.


More Definitions of Refinancing Event

Refinancing Event means the incurrence by any Credit Party of any Indebtedness (including, without limitation, any new or additional term loans under this Credit Agreement, whether incurred directly or by way of the conversion of Loans into a new tranche of replacement term loans under this Credit Agreement) having an effective interest rate (to be calculated after giving effect to margins, upfront or similar fees or original issue discount shared with all lenders or holders thereof, but excluding the effect of any arrangement, structuring, syndication or other fees payable in connection therewith that are not shared with all lenders or holders thereof) as of the date of such incurrence that is by the express terms of such Indebtedness (and not by virtue of any fluctuation in Eurodollar Rate or Base Rate), less than the effective interest rate of (to be calculated on the same basis as above) the Extended Tranche B Loans as of the date of such incurrence.
Refinancing Event shall have the meaning specified in Section 4.17. -----------------
Refinancing Event means the refinancing of the BidCo Facilities Agreement in full (but not in part) with any other financing (not including an extension and/or amendment of the BidCo Facilities Agreement), including for the avoidance of doubt any other form of debt financing, including but not limited to an issue of bonds by BidCo.
Refinancing Event means (i) the incurrence by any Credit Party or any of their Subsidiaries thereof of any Indebtedness the proceeds of which are used to prepay, in whole or in part, the outstanding principal of the Term Loans or (ii) any effective reduction in the Applicable Margin applicable to the Term Loans through amendment or otherwise; provided, that in no event shall any prepayment, repayment, refinancing, substitution, replacement, amendment, waiver or other modification of Term Loans in whole or in part in connection with an Acquisition or Investment, in either case with an aggregate purchase price or value in excess of $62,500,000 (or other change of control or ownership contemplated by Section 7.1(k)) constitute a Refinancing Event.
Refinancing Event means the incurrence by the Company or any of its domestic subsidiaries of any loans the net proceeds of which are used to redeem, in whole or in part, outstanding principal of the Company’s 12.00% Senior Discount Notes under its Senior Discount Note Indenture.
Refinancing Event means the satisfaction of all of the following conditions:
Refinancing Event means a refinancing or replacement of the entirety of the indebtedness under the Credit Agreement prior to the maturity thereof that is provided solely by lenders who are not Affiliates or Approved Funds of Ares Capital Management LLC.