Rescindable Amount has the meaning as defined in Section 2.12(b)(ii).
Rescindable Amount has the meaning assigned to such term in Section 2.18(d).
Rescindable Amount means, any such payment Agent makes for the account of the Lenders as to which Agent determines (which determination shall be conclusive absent manifest error) that any of the following applies:
Examples of Rescindable Amount in a sentence
Each Credit Party irrevocably waives any and all defenses, including any “discharge for value” (under which a creditor might otherwise claim a right to retain funds mistakenly paid by a third party in respect of a debt owed by another) or similar defense to its obligation to return any Rescindable Amount.
Administrative Agent shall inform each Credit Party promptly upon determining that any payment made to such Credit Party comprised, in whole or in part, a Rescindable Amount.
More Definitions of Rescindable Amount
Rescindable Amount has the meaning as defined in Section 3.8(c).
Rescindable Amount has the meaning as specified in Section 2.17(b).
Rescindable Amount shall have the meaning provided in Section 2.10(d).
Rescindable Amount shall have the meaning set forth in Section 4.03(d).
Rescindable Amount as defined in Section 4.1.3(c).
Rescindable Amount has the meaning defined in Section 2.12(b)(ii). “Resignation Effective Date” has the meaning specified in Section 10.06(a). “Resolution Authority” means an EEA Resolution Authority or, with respect to any UK Financial Institution, a UK Resolution Authority. “Responsible Officer” means the chief executive officer, president, chief financial officer, treasurer, assistant treasurer or controller of a Loan Party (or any other officer reasonably acceptable to the Administrative Agent), and, solely for purposes of the delivery of incumbency certificates, the secretary or any assistant secretary or any legal officer of a Loan Party (or any other officer reasonably acceptable to the Administrative Agent) and, solely for purposes of notices given pursuant to Article II, any other officer or employee of the applicable Loan Party so designated by any of the foregoing officers in a notice to the Administrative Agent. Any document delivered hereunder that is signed by a Responsible Officer of a Loan Party shall be conclusively presumed to have been authorized by all necessary corporate, partnership and/or other action on the part of such Loan Party and such Responsible Officer shall be conclusively presumed to have acted on behalf of such Loan Party. “Restatement Effective Date” means May 3, 2024. “Restricted Payment” means any dividend or other distribution (whether in cash, securities or other property) with respect to any Equity Interests of the Borrower or any Restricted Subsidiary, or any payment (whether in cash, securities or other property), including any sinking fund or similar deposit, on account of the purchase, redemption, retirement, acquisition, cancellation or termination of any such Equity Interests of the Borrower or any Restricted Subsidiary. “Restricted Subsidiaries” means the Subsidiaries of the Borrower other than the Unrestricted Subsidiaries. “RMB” means lawful currency of the People’s Republic of China. “S&P” means Standard & Poor’s Ratings Services, a Standard & Poor’s Financial Services LLC business, and any successor thereto. “Sanction(s)” means any international economic or financial sanctions, trade embargoes or similar restrictions administered or enforced by the United States government (including OFAC) or as applicable, the United Nations Security Council, the European Union, His Majesty’s Treasury, Hong Kong Monetary Authority or other relevant governmental sanctions authority.
Rescindable Amount has the meaning specified in Section 9.16.