Repricing Amendment definition

Repricing Amendment as defined in Section 2.22(c)(iii).

Repricing Amendment means the repricing by the Borrower of all or any portion of the Term Loans resulting in an Effective Yield for the Term Loans as of the date of such repricing that is (and not by virtue of any fluctuation in any “base” rate) less than the Effective Yield for the Term Loans immediately prior to such repricing.

Repricing Amendment shall have the meaning assigned to such term in the definition of “Repricing Transaction”.

Examples of Repricing Amendment in a sentence

• SAMPLE 1: NUMBER OF OBSERVATIONS = 249 MEAN = 20.14458 STANDARD DEVIATION = 6.41470 STANDARD ERROR OF THE MEAN = 0.40652 SAMPLE 2: NUMBER OF OBSERVATIONS = 79 MEAN = 30.48101 STANDARD DEVIATION = 6.10771 STANDARD ERROR OF THE MEAN = 0.68717 We are testing the hypothesis that the population means are equal for the two samples.

• No additional debt was incurred, or any proceeds received, by the Company in connection with the Repricing Amendment.

• The foregoing description of the Repricing Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Repricing Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.

• The above description of the Repricing Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Repricing Amendment.

• As a result of the Repricing Amendment, Vistra Operations expects that its annual interest expense with respect to the Credit Facilities will decrease by approximately $5 million (on a pre-tax basis and excluding fees and expenses of approximately $2 million incurred in connection with the Repricing Amendment).

More Definitions of Repricing Amendment

Repricing Amendment means any amendment to this Agreement the effect of which is to reduce the interest rate for, or effective yield of, the Tranche B Loans as determined by the Administrative Agent.

Repricing Amendment means the Amendment to this Agreement, dated as of November 30, 2017, among Holdings, the Borrower, the other Loan Parties party thereto, the Lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent, L/C Issuer and an assignee Lender under Sections 2(b) and 3(b) thereof.

Repricing Amendment means any effective reduction in the Effective Yield for the Initial Term Loans (e.g., by way of amendment, waiver or otherwise); provided that any determination by the Administrative Agent with respect to whether a Repricing Amendment shall have occurred shall be conclusive and binding on all Lenders holding the Initial Term Loans.

Repricing Amendment has the meaning set forth in Section 11.1(e).

Repricing Amendment means any amendment to this Agreement which reduces the Yield applicable to the Term Loans (in each case, with the comparative determinations to give effect to (i) applicable margin, (ii) LIBOR floors and (iii) upfront fees or “original issue discount” paid with respect to such indebtedness, but in all cases, excluding arrangement, structuring, syndication or other fees not paid or payable to all affected Lenders in connection therewith).

Repricing Amendment has the meaning set forth in Section 11.1(e). “Required Prepayment Date” has the meaning set forth in Section 2.9(d). “Requirement of Law” means, with respect to any Person, the common law and all federal, state, local and foreign laws, rules and regulations, orders, judgments, decrees and other determinations of any Governmental Authority or arbitrator, applicable to or binding upon such Person or any of its property or to which such Person or any of its property is subject; provided that the foregoing shall not apply to non-binding recommendations of any Governmental Authority. “Requisite Lenders” means, collectively, Lenders having more than 50% of the sum of (a) the aggregate outstanding amount of the Revolving Credit Commitments or, after the Revolving Credit Termination Date, the Revolving Credit Outstandings and (b) the aggregate principal amount of all Term Loans then outstanding. Any Revolving Credit Commitments, Revolving Credit Outstandings and Term Loans held by a Defaulting Lender shall be excluded from any calculation of “Requisite Lenders”. “Requisite Revolving Credit Lenders” means, collectively, Lenders having more than 50% of the sum of the aggregate outstanding amount of the Revolving Credit Commitments or, after the Revolving Credit Termination Date, the Revolving Credit Outstandings. Any Revolving Credit Commitments and Revolving Credit Outstandings held by a Defaulting Lender shall be excluded from any calculation of “Requisite Revolving Credit Lenders.” “Requisite Term Loan Lenders” means Term Loan Lenders having more than 50% of the aggregate principal amount of all Term Loans then outstanding.

Repricing Amendment means Amendment No. 1 dated as of February 7, 2017, to this Agreement among Parent, the Borrower, the Lenders party thereto and JPMorgan Chase Bank, N.A., as the Administrative Agent and the Collateral Agent.