Reinvestment Request definition

Reinvestment Request has the meaning given in Section 8.3(b).
Sample 1Sample 2Sample 3
Reinvestment Request shall have the meaning specified in Section 2.14(a).
Sample 1Sample 2
Reinvestment Request means a written request executed by a Responsible Officer of a Credit Party stating that no Default or Event of Default has occurred and is continuing and that such Credit Party Trico Marine DIP Credit Agreement (directly or indirectly through a Subsidiary of such Credit Party that is also a Credit Party) intends and expects to use all or a specified portion of the Net Cash Proceeds of a Recovery Event to replace or repair a damaged or taken property, provided that pending any such use (or any prepayment in accordance with Section 2.6), all such Net Cash Proceeds resulting therefrom shall be deposited as cash collateral in the Reserved Cash Collateral Account to secure the Obligations in accordance with Section 5.11(a). A Reinvestment Request shall not be effective for purposes of this Agreement unless consented to by the Majority Lenders.
Sample 1

Examples of Reinvestment Request in a sentence

  • The Servicer shall report the Approved Valuation Firm, appraisal metric and Appraised Value for such Collateral Obligation to the Facility Agent in the Advance Request or the Reinvestment Request related to such Collateral Obligation.


More Definitions of Reinvestment Request

Reinvestment Request shall have the meaning specified in Section 2.14(a). USActive 57710049.13-29-
Sample 1
Reinvestment Request has the meaning set forth in Section 8.3(b). Exhibit 10.1
Sample 1

Related to Reinvestment Request

  • Reinvestment Period means 15 months following the date of receipt of Net Cash Proceeds of an Asset Sale Prepayment Event, Casualty Event or Permitted Sale Leaseback.

  • Reinvestment has the meaning set forth in Section 2.2.

  • Reinvestment Prepayment Date with respect to any Reinvestment Event, the earlier of (a) the date occurring twelve months after such Reinvestment Event and (b) the date on which the Borrower shall have determined not to, or shall have otherwise ceased to, acquire or repair assets useful in the Borrower’s business with all or any portion of the relevant Reinvestment Deferred Amount.

  • Reinvestment Deferred Amount means, with respect to any Reinvestment Event, the aggregate amount of Net Cash Proceeds received by the Borrower or a Restricted Subsidiary in connection therewith that are not applied to prepay the Term Loans as a result of the delivery of a Reinvestment Notice.

  • Reinvestment Event any Asset Sale or Recovery Event in respect of which the Borrower has delivered a Reinvestment Notice.

  • Prior Period Investments means investments made in a previous evaluation period that are outstanding as of the examination date.

  • Dividend Reinvestment Acquisition means an acquisition of Voting Shares pursuant to a Dividend Reinvestment Plan;