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 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 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.

Examples of Reinvestment Agreement in a sentence

  • Community Reinvestment Area Compensation AgreementWhereas, the Village of Boston Heights (the “Village”) notified this Board that it intends at its Village Council meeting on August 10, 2021 to consider an Ordinance, in the form attached hereto as Exhibit A (the “CRA Ordinance”) approving a Community Reinvestment Agreement (the “CRA Agreement”) with Premier Arhaus, LLC and Arhaus, LLC to partially exempt from taxation certain improvements to be located at 51 E.

  • The Planning Commission is requested to support the renewal of the Designated Downtown District, and authorize the Department of Planning & Zoning’s participation in the Memorandum of Understanding and Community Reinvestment Agreement.

  • Council is requested to approve a new Sales Tax Reinvestment Agreement with Caldwell County.

  • The LEI Code of Santander Consumer is 549300K0MCEQLLRYS435.▪ Santander Consumer Finance, S.A. (“SCF”), a member of the Santander Consumer Group, participates as (i) Subscriber of Class A Notes and part of the Class B Notes, (ii) the Fund’s counterparty to the Reinvestment Agreement for the Fund Accounts; and (iii) Back-Up Servicer Facilitator.

  • Under the terms of the Reinvestment Agreement, Mr Wilson has agreed to invest, shortly following Completion, a portion of the post-tax sale proceeds that he will receive as a result of the sale of his shares in Antler in abrdn Shares and multi-asset funds managed by members of the abrdn Group.


More Definitions of Reinvestment Agreement

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.
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 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.
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 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 that satisfies the Rating Condition to guarantee the obligations of such provider under such agreement or (ii) a replacement provider with an Eligible Investment Required Ratings that satisfies the Rating Condition.