Reinvestment Agreement definition

Reinvestment Agreement means a guaranteed reinvestment agreement from a bank, insurance company or other corporation or entity, in each case, at the date of such acquisition having a credit rating of at least A-1 from S&P and at least P-1 from Moody’s; provided that such agreement provides that it is terminable by the purchaser, without penalty, if the rating assigned to such agreement by either S&P or Xxxxx’x is at any time lower than such ratings.
Reinvestment Agreement means a guaranteed reinvestment agreement from a bank, insurance company or other corporation or entity having an Eligible Investment Required Ratings; provided that such agreement provides that it is terminable by the purchaser, without penalty and with the return of all invested funds, if within sixty (60) days after the provider of such agreement no longer satisfies the Eligible Investment Required Ratings, the provider has failed to obtain either (i) a guarantor with an Eligible Investment Required Ratings to guarantee the obligations of such provider under such agreement or (ii) a replacement provider with an Eligible Investment Required Ratings.
Reinvestment Agreement. A guaranteed reinvestment agreement from a bank, insurance company or other corporation or entity organized under the laws of the United States or any state thereof under which no payments are subject to any withholding tax or, if subject to withholding tax imposed by any jurisdiction, the obligor thereunder is required to make “gross up” payments that cover the full amount of any such withholding tax on an after-tax basis; provided that such agreement provides that it is terminable by the purchaser, without premium or penalty, in the event that the rating assigned to such agreement by any Rating Agency is at any time lower than the rating required pursuant to the terms of this Indenture to be assigned to such agreement in order to permit the purchase thereof.

Examples of Reinvestment Agreement in a sentence

  • Beginning in 2005/06, the Community Health Reinvestment Agreement (CHR) provides additional funding for the adultBasic insurance program.

  • Further, HW agrees that it assumes and will comply with all terms and conditions of the Funding Sources as if it were a named party in the Funding Sources, Reinvestment Agreement and Reporting Agreement regardless of the fact that it is not, including reporting requirements, audits and committee meetings where required and shall maintain proper accounting of HHSP financing in accordance with Canadian GAAP or successor financial accounting standards.

  • In connection with the foregoing, Assignor desires to assign to Assignee, and Assignee desires to assume Assignor’s benefits, burdens, and obligations under the Reinvestment Agreement solely with respect to Facility 2 and the County, Assignor and Assignee desire to amend the Reinvestment Agreement with respect to matters hereinafter contained.

  • In the event interest is paid in preferred stock, the preferred stock would be transferred by Esterline to U.S. LLC in exchange for ownership units of U.S. LLC pursuant to the Esterline Reinvestment Agreement and the preferred stock of NewCanco would be transferred by U.S. LLC to NewCanco in exchange for common stock of NewCanco.

  • The Community Health Reinvestment Agreement in Pennsylva- nia represents one state’s initiative to establish the community benefit obligations of non-profit insurers.


More Definitions of Reinvestment Agreement

Reinvestment Agreement means the reimbursement agreement dated June 15, 2012, between Melco Resorts Macau and Studio City Entertainment Limited, as amended, restated, modified, supplemented, extended, replaced (whether upon or after termination or otherwise or whether with the original or other relevant parties) or renewed, in whole or in part from time to time, including pursuant to the Direct Agreement.
Reinvestment Agreement. A guaranteed reinvestment agreement from a bank, insurance company or other corporation or entity having an Eligible Investment Required Rating; provided that such agreement provides that it is terminable by the purchaser, without penalty, if the rating assigned to such agreement by either Rating Agency is at any time lower than such agreement’s Eligible Investment Required Rating.
Reinvestment Agreement means the reimbursement agreement dated June 15, 2012, between Melco Crown Macau and Studio City Entertainment Limited, as amended, modified, supplemented, extended, replaced or renewed from time to time, including pursuant to the Direct Agreement.
Reinvestment Agreement means a guaranteed reinvestment agreement from a bank, insurance company or other corporation or entity having Eligible Investment Required Ratings; provided that such agreement provides that it is terminable by the purchaser, without penalty and with the return of all invested funds, if within 60 days after the provider of such agreement no longer satisfies the Eligible Investment Required Ratings the provider has failed to obtain either (i) (x) a guarantor with Eligible Investment Required Ratings to guarantee the obligations of such provider under such agreement and (y) a Rating Confirmation or (ii) (x) a replacement provider with Eligible Investment Required Ratings and (y) a Rating Confirmation.
Reinvestment Agreement means the Reimbursement Agreement.
Reinvestment Agreement means the agreement entered into pursuant to KRS 154.34-080 between the authority and an approved company with respect to a reinvestment project; and
Reinvestment Agreement means a guaranteed reinvestment agreement from a bank, insurance company or other corporation or entity; provided that such agreement provides that it is terminable by the purchaser, without penalty, in the event that the rating assigned to such agreement or the relevant underlying entity by either Rating Agency is at any time lower than the Eligible Investment Required Rating of such agreement or the relevant underlying entity, as applicable.