Repricing Notice definition

Repricing Notice. Shall have the meaning set forth in Section 12.3.
Sample 1Sample 2Sample 3
Repricing Notice means the notice delivered by the Borrower to the Bank as provided in Section 2.1(c) of this Agreement in order to select either the Alternate Base Rate or the Adjusted LIBO Rate in each case plus the Applicable Margin and with respect to an Adjusted LIBO Rate Borrowing, an Interest Period.
Sample 1
Repricing Notice has the meaning set forth in Section 6.1 of this Agreement.
Sample 1Sample 2

Examples of Repricing Notice in a sentence

  • Flextronics shall notify Customer of its proposed Adjusted Price for a Quarter fifteen (15) days before the beginning of the Quarter (the "Repricing Notice").

  • Flextronics and Customer agree that their representatives shall meet during the last month of each of Customer's Quarters within five (5) Business Days of Customer's receipt of the Repricing Notice, and more frequently if reasonably required, to review their relationship and performance under this Agreement ("Quarterly Review Meeting").

  • In its Repricing Notice, the Borrower may elect up to three (3) different Interest Periods with respect to up to three (3) tranches of the Loan (each, a "Borrowing"), provided that no Borrowing may be less than One Million Dollars ($1,000,000).

  • Preliminary change notification provides advanced warning to the owner/user prior to release of required change notification documentation (e.g., documentation and qualification data) that may not be available at the time of preliminary change notification.

  • As a condition to the issuance of the Repriced Shares, the Repricing Notice shall affirmatively state that such Investor reaffirms the representations and warranties of such Investor set forth in Article III of this Agreement.

  • The Purchasers shall provide a Repricing Notice to the Company within three (3) Business Days of the end of the Third Repricing Period of the number of the Third Repriced Shares, if any, that the Purchasers wish to reprice.

  • With respect to any Borrowing based on the Adjusted LIBO Rate, the Borrower agrees that the Borrower will submit to the Bank the Borrower's Repricing Notice not later than two (2) London Banking Days preceding the date on which an Interest Period ends and the interest rate is to be reset.

  • In the Repricing Notice, the Borrower may request up to three (3) different Interest Periods with respect to up to three (3) portions of the Loan (each, a "Tranche").

  • Performance evaluations address performance standards to include quality, job knowledge, productivity, reliability, attendance, education, initiative, adherence to policy, interpersonal relationships, judgement, competence/goal achievement and facilitator skill achieved at least annually.

  • The Purchasers shall provide facsimile notice ") substantially in the form attached hereto as Exhibit F, (a "Repricing Notice") to the Company within three (3) Business Days of the end of the First Repricing Period concerning the number of the First Repriced Shares, if any, that the Purchasers wish to reprice.


More Definitions of Repricing Notice

Repricing Notice has the meaning set forth in Section 4.
Sample 1

Related to Repricing Notice

  • Repricing Transaction the prepayment, refinancing, substitution or replacement of all or a portion of the Initial Term Loans (including, without limitation, as may be effected through any amendment, waiver or modification to this Agreement relating to the interest rate for, or weighted average yield of, the Initial Term Loans), (a) if the primary purpose of such prepayment, refinancing, substitution, replacement, amendment, waiver or modification is (as reasonably determined by the Borrower in good faith, which determination shall be conclusive) to refinance the Initial Term Loans at a lower “effective yield” (taking into account, among other factors, margin, upfront or similar fees or original issue discount shared with all providers of such financing, but excluding the effect of any arrangement, commitment, underwriting, structuring, syndication or other fees payable in connection therewith that are not shared with all providers of such financing, and without taking into account any fluctuations in the Adjusted LIBOR Rate, but including any LIBOR floor or similar floor that is higher than the then applicable Adjusted LIBOR Rate), (b) if the prepayment, refinancing, substitution, replacement, amendment, waiver or modification is effectuated by the incurrence by the Borrower or any Restricted Subsidiary of new Indebtedness, such new Indebtedness is broadly marketed or syndicated first lien secured bank financing, and (c) if such prepayment, refinancing, substitution, replacement, amendment, waiver or modification results in first lien secured bank financing having an “effective yield” (as reasonably determined by the Administrative Agent, in consultation with the Borrower, consistent with generally accepted financial practices, after giving effect to, among other factors, margin, upfront or similar fees or original issue discount shared with all providers of such financing (calculated based on assumed four-year average life and without present value discount), but excluding the effect of any arrangement, commitment, underwriting, structuring, syndication or other fees payable in connection therewith that are not shared with all providers of such financing, and without taking into account any fluctuations in the Adjusted LIBOR Rate, but including any LIBOR floor or similar floor that is higher than the then applicable Adjusted LIBOR Rate) that is less than the “effective yield” (as reasonably determined by the Administrative Agent, in consultation with the Borrower, on the same basis) of the Initial Term Loans prior to being so prepaid, refinanced, substituted or replaced or subject to such amendment, waiver or modification to this Agreement.

  • Repricing Event means (a) any repayment, prepayment or repurchase of all or a portion of the Initial Term Loans with the proceeds of, or any conversion of all or any portion of the Initial Term Loans into, any new or replacement Indebtedness bearing interest with an All-in Yield (as reasonably determined by the Administrative Agent in consultation with the Parent and taking into account interest rate margin and benchmark floors, recurring fees and all upfront or similar fees or original issue discount (amortized over the shorter of (A) the weighted average life to maturity of such term loans and (B) four years), but excluding any bona fide arrangement, underwriting, structuring, syndication or other fees payable in connection therewith that are not shared ratably with all lenders or holders of such Indebtedness in their capacities as lenders or holders of such Indebtedness) less than the All-in Yield applicable to the Initial Term Loans (determined on the same basis as provided in the preceding parenthetical) and (b) any amendment (including pursuant to a replacement term loan) to the Initial Term Loans or any tranche thereof, in each case of clauses (a) and (b) above, if the primary purpose of such repayment, prepayment or repurchase (as reasonably determined by the Administrative Agent in consultation with the Parent) is to lower the All-in Yield applicable to the Initial Term Loans that are repaid, prepaid or repurchased using the proceeds thereof (as determined on the same basis as provided in clause (a)). It is understood that “Repricing Events” shall not include any repayment, prepayment or refinancing of all or a portion of the Initial Term Loans in connection with a Change of Control or a Specified Acquisition (as defined below). It is understood that any prepayment premium with respect to a Repricing Event shall apply to any required assignment by a Non-Consenting Lender in connection with any such amendment pursuant to Section 2.19(c)).

  • Discounted Prepayment Option Notice has the meaning specified in Section 2.05(d)(ii).

  • Prepayment Notice means a notice by the Borrower to prepay Loans, which shall be in such form as the Appropriate Party may approve.

  • Specified Discount Prepayment Notice means an irrevocable written notice of a Borrower Offer of Specified Discount Prepayment made pursuant to Section 2.11(a)(ii)(B) substantially in the form of Exhibit I.

  • Notice of Loan Prepayment means a notice of prepayment with respect to a Loan, which shall be substantially in the form of Exhibit 2.05 or such other form as may be approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer.

  • Acceptance and Prepayment Notice means a notice of the Borrower’s acceptance of the Acceptable Discount in substantially the form of Exhibit M.

  • Penalty Notice means a written no- tification from the Director informing a respondent that the Director has made a finding of violation and, absent a request for a hearing, will impose a civil monetary penalty.

  • Proposed Prepayment Date is defined in Section 8.3(c).

  • Discounted Voluntary Prepayment Notice has the meaning specified in Section 2.05(d)(v).

  • Increase Notice has the meaning specified in Section 2.05(c)(ii).

  • Discount Range Prepayment Notice means a written notice of a Borrower Solicitation of Discount Range Prepayment Offers made pursuant to Section 2.05(a)(v)(C) substantially in the form of Exhibit M-4.

  • Repayment Notice Each notice required to be delivered by the Borrower pursuant to Section 2.3 in respect of any reduction in the Facility Amount or repayment of Advances Outstanding, in the form of Exhibit A-2.

  • Commitment Increase Notice as defined in Section 2.1(b).

  • Borrower Solicitation of Discount Range Prepayment Offers means the solicitation by any Company Party of offers for, and the corresponding acceptance by a Lender of, a voluntary prepayment of Term Loans at a specified range of discounts to par pursuant to Section 2.05(a)(v)(C).

  • Solicited Discounted Prepayment Notice means an irrevocable written notice of a Borrower Solicitation of Discounted Prepayment Offers made pursuant to Section 2.11(a)(ii)(D) substantially in the form of Exhibit N.

  • Borrower Solicitation of Discounted Prepayment Offers means the solicitation by any Company Party of offers for, and the subsequent acceptance, if any, by a Lender of, a voluntary prepayment of Term Loans at a discount to par pursuant to Section 2.05(a)(v)(D).

  • Required Prepayment Date as defined in Section 2.15(c).

  • Reduction Notice has the meaning set forth in Section 1.3.

  • Borrower Offer of Specified Discount Prepayment means the offer by any Company Party to make a voluntary prepayment of Term Loans at a Specified Discount to par pursuant to Section 2.05(a)(v)(B).

  • Funding Notice means a notice substantially in the form of Exhibit A.

  • Auction Notice has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Specified Discount Prepayment Response Date has the meaning set forth in Section 2.05(a)(v)(B)(1).

  • Discounted Term Loan Prepayment has the meaning assigned to such term in Section 2.11(a)(ii)(A).

  • Transaction Notice means a written request of Seller to enter into a Transaction in a form attached as Exhibit C hereto or such other form as shall be mutually agreed upon between Seller and Purchaser, which is delivered to the Purchaser in accordance with Section 3(c) herein.

  • Proposed Discounted Prepayment Amount has the meaning specified in Section 2.05(d)(ii).