Repricing Request definition

Repricing Request as defined in Section 2.22(c)(i).
Repricing Request has the meaning set forth in Section 3.01(b).

Examples of Repricing Request in a sentence

  • Lilley testified that Demetrius never provided him with proof that he owned the property or talked with him about who owned it.

  • If MLCC and Cendant agree to adopt the proposed amended Bulk Purchase Matrix, it shall become effective on the first Business Day of the calendar quarter immediately following the date of such Repricing Request.

  • Any Bank which declines to accept an Extension and/or Repricing Request hereby agrees promptly to execute an Assignment and Assumption Agreement substantially in the form of Exhibit I hereto with any substitute bank or banks so designated by the Borrower (and the Borrower agrees that it will pay the $2,000 administrative fee referred to in Section 9.06(c) with respect to each such Assignment and Assumption Agreement).

  • All the parents willfully exclude the negative parenting experiences they had received as a child from their parents such as unnecessary restrictions on account of etiquette which brought them embarrassment as a child.

  • No Lender shall have any obligation to agree to such Repricing Request.

  • No Termination Date or Relevant Pricing shall be extended or modified with respect to the Commitment and Loans of any Bank that is a Non-Extending Bank with respect to a particular Extension and/or Repricing Request, but shall continue to be the Termination Date and Relevant Pricing theretofore in effect for such Non-Extending Bank.

  • If the Lender wishes to have all or a portion of its Revolving Commitments subject to such Repricing Request it shall notify the Borrower (a “Repricing Election”) on or prior to the date specified in such Repricing Request of the amount of its Revolving Commitments that it has elected to continue subject to the new Applicable Rate (the “Repriced Commitments”); provided, that if the Lender fails to respond, the Lender will be deemed to have declined to continue its Revolving Commitments.

  • The Lender shall not have any obligation to agree to continue to have Revolving Commitments under this Agreement to which the new Applicable Rate shall apply.(ii) The Borrower shall provide the applicable Repricing Request at least ten (10) Business Days prior to the date on which the Lender is requested to respond, and shall agree to such procedures, if any, as may be established by, or acceptable to, the Lender, in each case acting reasonably, to accomplish the purpose of this S ection 2.22(c).

  • Within 30 days of any Repricing Request made by Buyer in accordance with Section 6.3, unless Seller gives Buyer (with a copy to Escrow Agent) written notice of an objection to such Repricing Request before the sixth (6th) Business Day after Seller’s receipt of a copy thereof, Seller pay or shall cause to be paid to Buyer an amount equal to the Allocated Purchase Price for the Account that is the subject of such Repricing Request, less any amounts collected by Buyer after the Cutoff Date.

  • Subject to Section 6.2, Seller shall pay, or cause to be paid, to Buyer (i) the Cure Payment, or (ii) in the case of a Repricing Request, the Allocated Account Price for the Account in question, unless Seller gives Buyer (with a copy to Escrow Agent), within six (6) Business Days after receipt of a Repricing Request from Buyer, written notice of an objection to payment.

Related to Repricing Request

  • 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.

  • Borrowing Request means a request by the Borrower for a Borrowing in accordance with Section 2.03.

  • Incremental Loan Request has the meaning set forth in Section 2.14(a).

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

  • 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)).

  • Funding Request shall have the meaning set forth in Section 5.3(a).

  • Required Prepayment Lenders the Majority Facility Lenders in respect of each Facility.

  • 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.

  • Incremental Term Loan Borrowing Date means, with respect to each Class of Incremental Term Loans, each date on which Incremental Term Loans of such Class are incurred pursuant to Section 2.01(b) and as otherwise specified in any amendment providing for Incremental Term Loans in accordance with Section 2.22.

  • 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).

  • Notice of Revolving Borrowing shall have the meaning as set forth in Section 2.3.

  • Term Loan Extension Request has the meaning set forth in Section 2.16(a).

  • 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.

  • Mandatory Prepayment Date as defined in Section 2.12(e).

  • Term Loan Election has the meaning specified in Section 2.06.

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

  • Permitted Prepayment Date means the Business Day after the second (2nd) anniversary of the first Payment Date

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

  • Discount Prepayment Accepting Lender has the meaning set forth in Section 2.05(a)(v)(B)(2).

  • Swingline Borrowing Request means a request by a Borrower substantially in the form of Exhibit C-2.

  • Loan Request means a Loan request and certificate duly executed by an Authorized Officer of the Borrower substantially in the form of Exhibit B hereto.

  • Discounted Prepayment Effective Date means in the case of a Borrower Offer of Specified Discount Prepayment or Borrower Solicitation of Discount Range Prepayment Offer, five (5) Business Days following the receipt by each relevant Term Lender of notice from the Auction Agent in accordance with Section 2.11(a)(ii)(B), Section 2.11(a)(ii)(C) or Section 2.11(a)(ii)(D), as applicable unless a shorter period is agreed to between the Borrower and the Auction Agent.

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

  • 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).

  • 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).

  • Specified Discount Prepayment Response means the irrevocable written response by each Term Lender, substantially in the form of Exhibit K, to a Specified Discount Prepayment Notice.